Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31true2022-01-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2falsefalse2No description of principal activity 11331666 2022-01-01 2023-03-31 11331666 2021-01-01 2021-12-31 11331666 2023-03-31 11331666 2021-12-31 11331666 c:Director1 2022-01-01 2023-03-31 11331666 d:CurrentFinancialInstruments 2023-03-31 11331666 d:CurrentFinancialInstruments 2021-12-31 11331666 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 11331666 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 11331666 d:ShareCapital 2023-03-31 11331666 d:ShareCapital 2021-12-31 11331666 d:SharePremium 2023-03-31 11331666 d:SharePremium 2021-12-31 11331666 d:RetainedEarningsAccumulatedLosses 2023-03-31 11331666 d:RetainedEarningsAccumulatedLosses 2021-12-31 11331666 c:OrdinaryShareClass1 2022-01-01 2023-03-31 11331666 c:OrdinaryShareClass1 2023-03-31 11331666 c:OrdinaryShareClass1 2021-12-31 11331666 c:FRS102 2022-01-01 2023-03-31 11331666 c:AuditExempt-NoAccountantsReport 2022-01-01 2023-03-31 11331666 c:FullAccounts 2022-01-01 2023-03-31 11331666 c:PrivateLimitedCompanyLtd 2022-01-01 2023-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 11331666









VISCERA TECHNOLOGIES LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2023

 
VISCERA TECHNOLOGIES LTD
REGISTERED NUMBER: 11331666

BALANCE SHEET
AS AT 31 MARCH 2023

31 March
31 December
2023
2021
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 5 
11,873
18,096

Cash at bank and in hand
 6 
20,361
34,896

  
32,234
52,992

Creditors: amounts falling due within one year
 7 
(218,036)
(14,814)

Net current (liabilities)/assets
  
 
 
(185,802)
 
 
38,178

Total assets less current liabilities
  
(185,802)
38,178

  

Net (liabilities)/assets
  
(185,802)
38,178


Capital and reserves
  

Called up share capital 
 8 
128
125

Share premium account
  
166,661
141,664

Profit and loss account
  
(352,591)
(103,611)

  
(185,802)
38,178


Page 1

 
VISCERA TECHNOLOGIES LTD
REGISTERED NUMBER: 11331666
    
BALANCE SHEET (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 period 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 comprehensive income 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: 




H R Hollamby
Director

Date: 28 March 2024

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

Page 2

 
VISCERA TECHNOLOGIES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

1.


General information

The entity is a private company, limited by shares and incorporated in England and Wales. The address of the registered office is 101 New Cavendish Street,1st Floor South, London, W1W 6XH. 
The financial statements are presented in Sterling, which is the functional currency of the company.

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

Going concern

The financial statements have been prepared on the going concern basis. The company is in a net deficit position and is reliant on the director and shareholders for financial support. The director is confident that this support will continue for a period of at least another 12 months following the approval of these financial statements.

 
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 balance sheet date in the countries where the Company operates and generates income.

 
2.4

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.5

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

 
VISCERA TECHNOLOGIES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.6

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.

 
2.7

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 period was 2 (2021 - 2).


4.


Stocks





5.


Debtors

31 March
31 December
2023
2021
£
£

Other debtors
11,873
18,096

11,873
18,096



6.


Cash and cash equivalents

31 March
31 December
2023
2021
£
£

Cash at bank and in hand
20,361
34,896

20,361
34,896


Page 4

 
VISCERA TECHNOLOGIES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

7.


Creditors: Amounts falling due within one year

31 March
31 December
2023
2021
£
£

Trade creditors
796
3,600

Other taxation and social security
9,358
358

Other creditors
205,382
10,856

Accruals and deferred income
2,500
-

218,036
14,814



8.


Share capital

31 March
31 December
2023
2021
£
£
Allotted, called up and fully paid



12,844,000 (2021 - 12,534,000) Ordinary shares of £0.00001 each
128
125






 
Page 5