Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-312022-04-01falseNo description of principal activityfalse11trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13066797 2022-04-01 2023-03-31 13066797 2021-05-01 2022-03-31 13066797 2023-03-31 13066797 2022-03-31 13066797 c:Director1 2022-04-01 2023-03-31 13066797 d:CurrentFinancialInstruments 2023-03-31 13066797 d:CurrentFinancialInstruments 2022-03-31 13066797 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 13066797 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 13066797 d:ShareCapital 2023-03-31 13066797 d:ShareCapital 2022-03-31 13066797 d:RetainedEarningsAccumulatedLosses 2023-03-31 13066797 d:RetainedEarningsAccumulatedLosses 2022-03-31 13066797 c:OrdinaryShareClass1 2022-04-01 2023-03-31 13066797 c:OrdinaryShareClass1 2023-03-31 13066797 c:OrdinaryShareClass1 2022-03-31 13066797 c:FRS102 2022-04-01 2023-03-31 13066797 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 13066797 c:FullAccounts 2022-04-01 2023-03-31 13066797 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 13066797










UMBRELLA DIGITAL LIMITED









FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
UMBRELLA DIGITAL LIMITED
REGISTERED NUMBER: 13066797

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
17,302
94,540

Cash at bank and in hand
  
84,925
81,449

  
102,227
175,989

Creditors: amounts falling due within one year
 5 
(141,240)
(178,978)

Net current liabilities
  
 
 
(39,013)
 
 
(2,989)

Total assets less current liabilities
  
(39,013)
(2,989)

  

Net liabilities
  
(39,013)
(2,989)


Capital and reserves
  

Called up share capital 
 6 
2
2

Profit and loss account
  
(39,015)
(2,991)

  
(39,013)
(2,989)


Page 1

 
UMBRELLA DIGITAL LIMITED
REGISTERED NUMBER: 13066797
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2023

The director considers 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 director acknowledges his 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 21 September 2023.




Mr N J Carter
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
UMBRELLA DIGITAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Umbrella Digital Limited is a company domiciled in England and Wales, registration number 13066797.
The registered office is Dodwell House, Chilton Business Centre, Chilton, Bucks, HP18 9LS.

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

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 reporting date in the countries where the Company operates and generates income.

 
2.4

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.

Page 3

 
UMBRELLA DIGITAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.5

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.

 
2.6

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 1 (2022 - 1).


4.


Debtors

2023
2022
£
£


Trade debtors
15,600
93,688

Called up share capital not paid
2
2

Prepayments and accrued income
1,700
850

17,302
94,540



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
-
48,829

Amounts owed to group undertakings
132,743
124,181

Other taxation and social security
3,308
4,968

Other creditors
259
-

Accruals and deferred income
4,930
1,000

141,240
178,978


Page 4

 
UMBRELLA DIGITAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

6.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



2 (2022 - 2) Ordinary shares of £1.00 each
2
2



7.


Controlling party

The director considers that Umbrella Holdings Limited, a company registered in England and Wales, is the ultimate parent company.
The company was controlled partly in the current period by Umbrella Holdings Limited by virtue of the fact that the company owns 100% of the ordinary share capital of the company.
The registered office of Umbrella Holdings Limited is Dodwell House, Chilton Business Centre, Chilton, Buckinghamshire, HP18 9LS. 

 
Page 5