IRIS Accounts Production v23.3.0.418 09055295 Board of Directors 1.2.22 31.1.23 31.1.23 18.10.23 false true false false true false Auditors Opinion Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh090552952022-01-31090552952023-01-31090552952022-02-012023-01-31090552952021-01-31090552952021-02-012022-01-31090552952022-01-3109055295ns10:Originalns15:EnglandWales2022-02-012023-01-3109055295ns14:PoundSterlingns10:Original2022-02-012023-01-3109055295ns10:Originalns10:Director12022-02-012023-01-3109055295ns10:Original2022-02-012023-01-3109055295ns10:Original2023-01-3109055295ns10:Originalns10:PrivateLimitedCompanyLtd2022-02-012023-01-3109055295ns10:Originalns10:SmallEntities2022-02-012023-01-3109055295ns10:Originalns10:Audited2022-02-012023-01-3109055295ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-02-012023-01-3109055295ns10:SmallCompaniesRegimeForAccountsns10:Original2022-02-012023-01-3109055295ns10:Originalns10:FullAccounts2022-02-012023-01-3109055295ns10:Originalns10:OrdinaryShareClass12022-02-012023-01-3109055295ns10:Originalns10:Director22022-02-012023-01-3109055295ns10:Originalns10:RegisteredOffice2022-02-012023-01-3109055295ns10:Original2022-01-3109055295ns10:Originalns5:CurrentFinancialInstruments2023-01-3109055295ns10:Originalns5:CurrentFinancialInstruments2022-01-3109055295ns5:ShareCapitalns10:Original2023-01-3109055295ns5:ShareCapitalns10:Original2022-01-3109055295ns10:Originalns5:FurtherSpecificReserve1ComponentTotalEquity2023-01-3109055295ns10:Originalns5:FurtherSpecificReserve1ComponentTotalEquity2022-01-3109055295ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-01-3109055295ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-01-3109055295ns10:Original12022-02-012023-01-3109055295ns10:Originalns5:PlantMachinery2022-02-012023-01-3109055295ns10:Original2021-02-012022-01-3109055295ns10:Originalns5:PlantMachinery2022-01-3109055295ns10:Originalns5:PlantMachinery2023-01-3109055295ns10:Originalns5:PlantMachinery2022-01-3109055295ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-01-3109055295ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-01-3109055295ns10:Originalns10:OrdinaryShareClass12023-01-3109055295ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-01-3109055295ns10:Originalns5:FurtherSpecificReserve1ComponentTotalEquity2022-01-3109055295ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-02-012023-01-31
REGISTERED NUMBER: 09055295 (England and Wales)















Audited Financial Statements for the Year Ended 31 January 2023

for

Docker (UK) Limited

Docker (UK) Limited (Registered number: 09055295)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Docker (UK) Limited

Company Information
for the Year Ended 31 January 2023







DIRECTORS: E S Baumgartner
S C Johnston





REGISTERED OFFICE: Pinewood Business Park
Coleshill Road
Marston Green
Birmingham
B37 7HG





REGISTERED NUMBER: 09055295 (England and Wales)





AUDITORS: Mark Arber Limited
Chartered Certified Accountants
& Statutory Auditors
71-75 Shelton Street
London
WC2H 9JQ

Docker (UK) Limited (Registered number: 09055295)

Balance Sheet
31 January 2023

31.1.23 31.1.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 - 1,521

CURRENT ASSETS
Debtors 5 3,947,617 2,601,109
Cash at bank 377,179 71,538
4,324,796 2,672,647
CREDITORS
Amounts falling due within one year 6 (873,950 ) (271,543 )
NET CURRENT ASSETS 3,450,846 2,401,104
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,450,846

2,402,625

CAPITAL AND RESERVES
Called up share capital 7 538,788 538,787
Share based payments 8 1,595,393 844,786
Retained earnings 8 1,316,665 1,019,052
SHAREHOLDERS' FUNDS 3,450,846 2,402,625

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 October 2023 and were signed on its behalf by:





E S Baumgartner - Director


Docker (UK) Limited (Registered number: 09055295)

Notes to the Financial Statements
for the Year Ended 31 January 2023

1. STATUTORY INFORMATION

Docker (UK) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Critical accounting judgements and key sources of estimation uncertainty
Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Turnover
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
The company is contracted by its ultimate parent company Docker Inc. to deliver sales and marketing services under an intercompany agreement. The company is remunerated by its parent for these services.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Docker (UK) Limited (Registered number: 09055295)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

2. ACCOUNTING POLICIES - continued

Research and development
Research and development expenditure is charged to the income statement in the period in which it is incurred.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 28 (2022 - 11 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2022 89,690
Disposals (89,690 )
At 31 January 2023 -
DEPRECIATION
At 1 February 2022 88,169
Charge for year 608
Eliminated on disposal (88,777 )
At 31 January 2023 -
NET BOOK VALUE
At 31 January 2023 -
At 31 January 2022 1,521

Docker (UK) Limited (Registered number: 09055295)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Amounts owed by group undertakings 3,873,954 2,583,303
VAT - 779
Prepayments 73,663 17,027
3,947,617 2,601,109

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Trade creditors 656 3,000
Tax - 48,596
Social security and other taxes 130,743 26,716
Accrued expenses 742,551 193,231
873,950 271,543

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.23 31.1.22
value: £    £   
538,787 Ordinary 1 538,788 538,787

8. RESERVES
Share
Retained based
earnings payments Totals
£    £    £   

At 1 February 2022 1,019,052 844,786 1,863,838
Profit for the year 297,613 297,613
Stock based compensation - 750,607 750,607
At 31 January 2023 1,316,665 1,595,393 2,912,058

9. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mark Arber (Senior Statutory Auditor)
for and on behalf of Mark Arber Limited

10. RELATED PARTY DISCLOSURES

The company has taken advantage of the exemption available under section 33.1A of Financial Reporting Standard 102, not to disclose transactions with other wholly owned members of this group.

Docker (UK) Limited (Registered number: 09055295)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

11. ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of Docker International Inc. a company incorporated in the United States
of America.

Docker Inc. is the parent undertaking of Docker International Inc., and is considered to be the ultimate parent
company by virtue of its shareholding in Docker International Inc.

The company believes that there is no one ultimate controlling party.

The smallest group in which the results of the company are consolidated is that headed by Docker International Inc.
The consolidated financial statements may be obtained from Docker Inc.'s principle place of business address being
318 Cambridge Avenue, Palo Alto, California 94306, United States of America.