Company registration number 07277243 (England and Wales)
SCREAMING FROG LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2023
PAGES FOR FILING WITH REGISTRAR
Century House
Wargrave Road
Henley-on-Thames
Oxfordshire
United Kingdom
RG9 2LT
SCREAMING FROG LIMITED
CONTENTS
Page
Company information
1
Balance sheet
2 - 3
Notes to the financial statements
4 - 9
SCREAMING FROG LIMITED
COMPANY INFORMATION
- 1 -
Directors
Mr. G. Radford
Mr. D. Sharp
Mr. J. Lock
Mr. L. Sharp
Company number
07277243
Registered office
Century House
Wargrave Road
Henley-on-Thames
Oxfordshire
United Kingdom
RG9 2LT
Accountants
Verallo
Century House
Wargrave Road
Henley-on-Thames
Oxfordshire
United Kingdom
RG9 2LT
SCREAMING FROG LIMITED
BALANCE SHEET
AS AT 30 JUNE 2023
30 June 2023
- 2 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
4
29,971
31,548
Current assets
Debtors
5
371,809
371,234
Cash at bank and in hand
2,147,724
1,452,195
2,519,533
1,823,429
Creditors: amounts falling due within one year
6
(897,184)
(700,084)
Net current assets
1,622,349
1,123,345
Total assets less current liabilities
1,652,320
1,154,893
Provisions for liabilities
(7,493)
(5,994)
Net assets
1,644,827
1,148,899
Capital and reserves
Called up share capital
7
18,760
18,760
Profit and loss reserves
1,626,067
1,130,139
Total equity
1,644,827
1,148,899
SCREAMING FROG LIMITED
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2023
30 June 2023
- 3 -

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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 members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved by the board of directors and authorised for issue on 13 February 2024 and are signed on its behalf by:
Mr. G. Radford
Mr. D. Sharp
Director
Director
Mr. J. Lock
Mr. L. Sharp
Director
Director
Company Registration No. 07277243
The notes on pages 4 to 9 form part of these financial statements
SCREAMING FROG LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
- 4 -
1
Accounting policies
Company information

Screaming Frog Limited is a private company limited by shares incorporated in England and Wales. The registered office is Century House, Wargrave Road, Henley-on-Thames, Oxfordshire, United Kingdom, RG9 2LT.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Going concern

The financial statements have been prepared on a going concern basis, which assumes the company will continue in operational existence, and will be able to meet its liabilities as they fall due, for a period of at least twelve months from the date of approval of the financial statements.true

1.3
Turnover

The turnover shown in the profit and loss account represents services provided during the year, exclusive of Value Added Tax.

1.4
Intangible fixed assets other than goodwill

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

 

Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity.

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Domain names
25% straight line
1.5
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

SCREAMING FROG LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2023
1
Accounting policies
(Continued)
- 5 -

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Leasehold improvements
20% straight line
Fixtures, fittings & equipment
25% reducing balance
Office equipment
33.33% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.6
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

1.7
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.8
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

 

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

 

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

SCREAMING FROG LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2023
1
Accounting policies
(Continued)
- 6 -
Basic financial liabilities

Basic financial liabilities, including creditors, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

 

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

 

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.9
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.10
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax.

 

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

 

1.11
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

 

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

 

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

SCREAMING FROG LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2023
1
Accounting policies
(Continued)
- 7 -
1.12
Retirement benefits

The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the year they are payable.

1.13
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

1.14
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

1.15

Research and development

Research expenditure is written off against profits in the year in which it is incurred. Identifiable development expenditure is capitalised to the extent that the technical, commercial and financial feasibility can be demonstrated.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2023
2022
Number
Number
Total
39
33
3
Intangible fixed assets
Domain names
£
Cost
At 1 July 2022 and 30 June 2023
21,323
Amortisation and impairment
At 1 July 2022 and 30 June 2023
21,323
Carrying amount
At 30 June 2023
-
0
At 30 June 2022
-
0
SCREAMING FROG LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2023
- 8 -
4
Tangible fixed assets
Leasehold improvements
Fixtures, fittings & equipment
Office equipment
Total
£
£
£
£
Cost
At 1 July 2022
51,300
53,342
153,564
258,206
Additions
-
0
490
23,188
23,678
At 30 June 2023
51,300
53,832
176,752
281,884
Depreciation and impairment
At 1 July 2022
51,300
46,525
128,833
226,658
Depreciation charged in the year
-
0
1,819
23,436
25,255
At 30 June 2023
51,300
48,344
152,269
251,913
Carrying amount
At 30 June 2023
-
0
5,488
24,483
29,971
At 30 June 2022
-
0
6,817
24,731
31,548
5
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
337,058
334,354
Other debtors
14,000
14,991
Prepayments and accrued income
20,751
21,889
371,809
371,234
6
Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
40,367
43,384
Corporation tax
545,483
366,011
Other taxation and social security
121,876
116,288
Other creditors
24,123
85,727
Accruals and deferred income
165,335
88,674
897,184
700,084
SCREAMING FROG LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2023
- 9 -
7
Called up share capital
2023
2022
2023
2022
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary A Shares of £1 each
2,500
2,500
2,500
2,500
Ordinary B Shares of £1 each
2,500
2,500
2,500
2,500
Ordinary C Shares of £1 each
5,000
5,000
5,000
5,000
Ordinary D Shares of £1 each
1,875
1,875
1,875
1,875
Ordinary E Shares of £1 each
10
10
10
10
Ordinary F Shares of £1 each
2,500
2,500
2,500
2,500
Ordinary G Shares of £1 each
2,500
2,500
2,500
2,500
Ordinary H Shares of £1 each
1,875
1,875
1,875
1,875
18,760
18,760
18,760
18,760
8
Operating lease commitments
Lessee

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2023
2022
£
£
106,333
164,333
2023-06-302022-07-01false13 February 2024CCH SoftwareCCH Accounts Production 2023.100No description of principal activityMr. G. RadfordMr. D. SharpMr. J. LockMr. L. Sharp072772432022-07-012023-06-3007277243bus:Director12022-07-012023-06-3007277243bus:Director22022-07-012023-06-3007277243bus:Director32022-07-012023-06-3007277243bus:Director42022-07-012023-06-3007277243bus:RegisteredOffice2022-07-012023-06-30072772432023-06-30072772432022-06-3007277243core:LandBuildingscore:LeasedAssetsHeldAsLessee2023-06-3007277243core:FurnitureFittings2023-06-3007277243core:ComputerEquipment2023-06-3007277243core:LandBuildingscore:LeasedAssetsHeldAsLessee2022-06-3007277243core:FurnitureFittings2022-06-3007277243core:ComputerEquipment2022-06-3007277243core:CurrentFinancialInstrumentscore:WithinOneYear2023-06-3007277243core:CurrentFinancialInstrumentscore:WithinOneYear2022-06-3007277243core:ShareCapital2023-06-3007277243core:ShareCapital2022-06-3007277243core:RetainedEarningsAccumulatedLosses2023-06-3007277243core:RetainedEarningsAccumulatedLosses2022-06-3007277243core:ShareCapitalOrdinaryShares2023-06-3007277243core:ShareCapitalOrdinaryShares2022-06-3007277243core:IntangibleAssetsOtherThanGoodwill2022-07-012023-06-3007277243core:DevelopmentCostsCapitalisedDevelopmentExpenditure2022-07-012023-06-3007277243core:LandBuildingscore:LongLeaseholdAssets2022-07-012023-06-3007277243core:FurnitureFittings2022-07-012023-06-3007277243core:ComputerEquipment2022-07-012023-06-30072772432021-07-012022-06-3007277243core:DevelopmentCostsCapitalisedDevelopmentExpenditure2022-06-3007277243core:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-06-3007277243core:DevelopmentCostsCapitalisedDevelopmentExpenditure2022-06-3007277243core:LandBuildingscore:LeasedAssetsHeldAsLessee2022-06-3007277243core:FurnitureFittings2022-06-3007277243core:ComputerEquipment2022-06-30072772432022-06-3007277243core:LandBuildingscore:LeasedAssetsHeldAsLessee2022-07-012023-06-3007277243core:CurrentFinancialInstruments2023-06-3007277243core:CurrentFinancialInstruments2022-06-3007277243bus:PrivateLimitedCompanyLtd2022-07-012023-06-3007277243bus:SmallCompaniesRegimeForAccounts2022-07-012023-06-3007277243bus:FRS1022022-07-012023-06-3007277243bus:AuditExemptWithAccountantsReport2022-07-012023-06-3007277243bus:FullAccounts2022-07-012023-06-30xbrli:purexbrli:sharesiso4217:GBP