Caseware UK (AP4) 2022.0.179 2022.0.179 2023-08-312023-08-312022-09-01falseNo description of principal activity77falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10437248 2022-09-01 2023-08-31 10437248 2021-09-01 2022-08-31 10437248 2023-08-31 10437248 2022-08-31 10437248 c:Director1 2022-09-01 2023-08-31 10437248 d:OfficeEquipment 2022-09-01 2023-08-31 10437248 d:OfficeEquipment 2023-08-31 10437248 d:OfficeEquipment 2022-08-31 10437248 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-09-01 2023-08-31 10437248 d:CurrentFinancialInstruments 2023-08-31 10437248 d:CurrentFinancialInstruments 2022-08-31 10437248 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 10437248 d:CurrentFinancialInstruments d:WithinOneYear 2022-08-31 10437248 d:ShareCapital 2023-08-31 10437248 d:ShareCapital 2022-08-31 10437248 d:RetainedEarningsAccumulatedLosses 2023-08-31 10437248 d:RetainedEarningsAccumulatedLosses 2022-08-31 10437248 c:FRS102 2022-09-01 2023-08-31 10437248 c:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 10437248 c:FullAccounts 2022-09-01 2023-08-31 10437248 c:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 10437248 2 2022-09-01 2023-08-31 10437248 6 2022-09-01 2023-08-31 iso4217:GBP xbrli:pure

Registered number: 10437248









SUNFISH ONLINE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2023

 
SUNFISH ONLINE LIMITED
REGISTERED NUMBER: 10437248

BALANCE SHEET
AS AT 31 AUGUST 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
12,359
11,637

Investments
 5 
7,035
7,035

  
19,394
18,672

Current assets
  

Debtors: amounts falling due within one year
 6 
711,642
283,861

Cash at bank and in hand
 7 
1,267,189
727,012

  
1,978,831
1,010,873

Creditors: amounts falling due within one year
 8 
(794,657)
(380,613)

Net current assets
  
 
 
1,184,174
 
 
630,260

Total assets less current liabilities
  
1,203,568
648,932

  

Net assets
  
1,203,568
648,932


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
1,203,566
648,930

  
1,203,568
648,932


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 5 November 2023.


Page 1

 
SUNFISH ONLINE LIMITED
REGISTERED NUMBER: 10437248
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2023



G Mackay
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
SUNFISH ONLINE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1.


General information

Sunfish Online Limited is a company limited by shares, registered in England and Wales within the UnitKingdom. The address of the registered office is First Floor, Radius House, 51 Clarendon Road, Watford, WD17 1HP.
The company's principal activity is that of consultancy.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue 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. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
SUNFISH ONLINE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

2.Accounting policies (continued)

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

Page 4

 
SUNFISH ONLINE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

2.Accounting policies (continued)

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 7 (2022 - 7).

Page 5

 
SUNFISH ONLINE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 September 2022
18,663


Additions
4,360



At 31 August 2023

23,023



Depreciation


At 1 September 2022
7,026


Charge for the year on owned assets
3,638



At 31 August 2023

10,664



Net book value



At 31 August 2023
12,359



At 31 August 2022
11,637


5.


Fixed asset investments





Listed investments

£



Cost or valuation


At 1 September 2022
7,035



At 31 August 2023
7,035





6.


Debtors

2023
2022
£
£


Trade debtors
711,642
283,861

711,642
283,861

Page 6

 
SUNFISH ONLINE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

6.Debtors (continued)



7.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
1,267,189
727,012

1,267,189
727,012



8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
537,017
224,078

Corporation tax
151,729
103,409

Other taxation and social security
104,863
52,782

Other creditors
1,048
344

794,657
380,613



9.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company  to the fund and amounted to £2,828 (2022: £266). Contributions totalling £579 (2022: £344) were payable to the fund at the balance sheet date and are included in creditors.

 
Page 7