Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31falseNo description of principal activity2022-04-01false33trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 00468855 2022-04-01 2023-03-31 00468855 2021-04-01 2022-03-31 00468855 2023-03-31 00468855 2022-03-31 00468855 c:Director2 2022-04-01 2023-03-31 00468855 c:Director3 2022-04-01 2023-03-31 00468855 c:Director4 2022-04-01 2023-03-31 00468855 c:RegisteredOffice 2022-04-01 2023-03-31 00468855 d:FurnitureFittings 2022-04-01 2023-03-31 00468855 d:FurnitureFittings 2023-03-31 00468855 d:FurnitureFittings 2022-03-31 00468855 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 00468855 d:ComputerEquipment 2022-04-01 2023-03-31 00468855 d:ComputerEquipment 2023-03-31 00468855 d:ComputerEquipment 2022-03-31 00468855 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 00468855 d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 00468855 d:CurrentFinancialInstruments 2023-03-31 00468855 d:CurrentFinancialInstruments 2022-03-31 00468855 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 00468855 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 00468855 d:ShareCapital 2023-03-31 00468855 d:ShareCapital 2022-03-31 00468855 d:CapitalRedemptionReserve 2023-03-31 00468855 d:CapitalRedemptionReserve 2022-03-31 00468855 d:RetainedEarningsAccumulatedLosses 2023-03-31 00468855 d:RetainedEarningsAccumulatedLosses 2022-03-31 00468855 c:FRS102 2022-04-01 2023-03-31 00468855 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 00468855 c:FullAccounts 2022-04-01 2023-03-31 00468855 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 00468855 2 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure
Company registration number: 00468855







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2023


SCIENTIFIC PRESS LIMITED






































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SCIENTIFIC PRESS LIMITED
 


 
COMPANY INFORMATION


Directors
C G H Tiratsoo 
L N F Tiratsoo 
M E F Tiratsoo 




Registered number
00468855



Registered office
Magna House
18-32 London Road

Staines-Upon-Thames

TW18 4BP




Accountants 
Menzies LLP
Chartered Accountants

Magna House

18-32 London Road

Staines-Upon-Thames

TW18 4BP





 


SCIENTIFIC PRESS LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 5


 


SCIENTIFIC PRESS LIMITED
REGISTERED NUMBER:00468855



STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
415
675

  
415
675

Current assets
  

Debtors: amounts falling due within one year
 5 
34,825
40,178

Cash at bank and in hand
  
43,518
56,835

  
78,343
97,013

Creditors: amounts falling due within one year
 6 
(5,991)
(17,712)

Net current assets
  
 
 
72,352
 
 
79,301

Total assets less current liabilities
  
72,767
79,976

  

Net assets
  
72,767
79,976


Capital and reserves
  

Called up share capital 
  
1,333
1,333

Capital redemption reserve
  
2,665
2,665

Profit and loss account
  
68,769
75,978

  
72,767
79,976


Page 1

 


SCIENTIFIC PRESS LIMITED
REGISTERED NUMBER:00468855


    
STATEMENT OF FINANCIAL POSITION (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 by: 




C G H Tiratsoo
Director
Date: 24 November 2023

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

Page 2

 


SCIENTIFIC PRESS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Scientific Press Limited is a company limited by shares incorporated in England and Wales. The trading address is Studio 103, The Chocolate Factory, London. 
The significant accounting policies applied in the preparation of these financial statements are set out below. These
policies have been consistently applied to all years presented unless otherwise stated.
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.

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is generated via the publication of technical and scientific books and journals and is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.3

Interest income

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

 
2.4

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.

Page 3

 


SCIENTIFIC PRESS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.5

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, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures and fittings
-
15%
Reducing balance
Computer equipment
-
25%
Straight line

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.

  
2.6

Foreign currency translation

Transactions and balances
Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.
At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

 
2.7

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2022 - 3).

Page 4

 


SCIENTIFIC PRESS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


Tangible fixed assets





Fixtures and fittings
Computer equipment
Total

£
£
£



Cost or valuation


At 1 April 2022
1,642
2,186
3,828



At 31 March 2023

1,642
2,186
3,828



Depreciation


At 1 April 2022
1,342
1,811
3,153


Charge for the year on owned assets
45
215
260



At 31 March 2023

1,387
2,026
3,413



Net book value



At 31 March 2023
255
160
415



At 31 March 2022
300
375
675


5.


Debtors

2023
2022
£
£


Trade debtors
-
36,264

Other debtors
4,139
3,198

Prepayments and accrued income
30,686
716

34,825
40,178



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
1,744
1,360

Other taxation and social security
1,277
6,355

Other creditors
-
7,027

Accruals and deferred income
2,970
2,970

5,991
17,712


 
Page 5