Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-312022-04-016falseNo description of principal activity5truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11183656 2022-04-01 2023-03-31 11183656 2021-04-01 2022-03-31 11183656 2023-03-31 11183656 2022-03-31 11183656 c:Director2 2022-04-01 2023-03-31 11183656 d:OfficeEquipment 2022-04-01 2023-03-31 11183656 d:OfficeEquipment 2023-03-31 11183656 d:OfficeEquipment 2022-03-31 11183656 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 11183656 d:CurrentFinancialInstruments 2023-03-31 11183656 d:CurrentFinancialInstruments 2022-03-31 11183656 d:Non-currentFinancialInstruments 2023-03-31 11183656 d:Non-currentFinancialInstruments 2022-03-31 11183656 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 11183656 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 11183656 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 11183656 d:Non-currentFinancialInstruments d:AfterOneYear 2022-03-31 11183656 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-03-31 11183656 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-03-31 11183656 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-03-31 11183656 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-03-31 11183656 d:ShareCapital 2023-03-31 11183656 d:ShareCapital 2022-03-31 11183656 d:RetainedEarningsAccumulatedLosses 2023-03-31 11183656 d:RetainedEarningsAccumulatedLosses 2022-03-31 11183656 c:FRS102 2022-04-01 2023-03-31 11183656 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 11183656 c:FullAccounts 2022-04-01 2023-03-31 11183656 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 11183656









VIVIFY SOLUTIONS LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
VIVIFY SOLUTIONS LTD
REGISTERED NUMBER: 11183656

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
4,666
5,832

  
4,666
5,832

Current assets
  

Debtors: amounts falling due within one year
 5 
775
115,681

Cash at bank and in hand
 6 
1,561
1,207

  
2,336
116,888

Creditors: amounts falling due within one year
 7 
(15,685)
(141,149)

Net current liabilities
  
 
 
(13,349)
 
 
(24,261)

Total assets less current liabilities
  
(8,683)
(18,429)

Creditors: amounts falling due after more than one year
  
(26,204)
-

  

Net liabilities
  
(34,887)
(18,429)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(34,987)
(18,529)

  
(34,887)
(18,429)


Page 1

 
VIVIFY SOLUTIONS LTD
REGISTERED NUMBER: 11183656
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

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 18 October 2023.




................................................
Hannah Creighton
Director

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

Page 2

 
VIVIFY SOLUTIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Vivify Solutions Limited is a private company limited by shares, registered in the United Kingdom number 11183656. Its registered office is Manor House, 35 St. Thomas’s Road, Chorley, Lancashire, PR7 1HP. 

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.

 
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

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.5

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.

Page 3

 
VIVIFY SOLUTIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
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
-
20%

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

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.

 
2.8

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.

 
2.9

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 5 (2022 - 6).

Page 4

 
VIVIFY SOLUTIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 April 2022
12,578



At 31 March 2023

12,578



Depreciation


At 1 April 2022
6,746


Charge for the year on owned assets
1,166



At 31 March 2023

7,912



Net book value



At 31 March 2023
4,666



At 31 March 2022
5,832


5.


Debtors

2023
2022
£
£


Trade debtors
775
28,184

Other debtors
-
87,497

775
115,681



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
1,561
1,207

1,561
1,207


Page 5

 
VIVIFY SOLUTIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
2,110
29,706

Trade creditors
2,370
-

Other taxation and social security
3,097
281

Other creditors
5,648
109,312

Accruals and deferred income
2,460
1,850

15,685
141,149



8.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
26,204
-

26,204
-


Page 6

 
VIVIFY SOLUTIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

9.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due within one year

Bank loans
2,110
29,706


2,110
29,706

Amounts falling due 1-2 years

Bank loans
2,110
-


2,110
-

Amounts falling due 2-5 years

Bank loans
24,094
-


24,094
-


28,314
29,706



10.


Transactions with directors

During the year the directors loan account amounted to £4,483, this was made up of opening balance of £87,488, advances totalling £38,218 and credits totalling £130,189. This is represented within other creditors.

 
Page 7