Caseware UK (AP4) 2022.0.179 2022.0.179 2023-08-312023-08-311false1trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-09-01No description of principal activitytrue 13558050 2022-09-01 2023-08-31 13558050 2021-08-10 2022-08-31 13558050 2023-08-31 13558050 2022-08-31 13558050 c:Director1 2022-09-01 2023-08-31 13558050 d:CurrentFinancialInstruments 2023-08-31 13558050 d:CurrentFinancialInstruments 2022-08-31 13558050 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 13558050 d:CurrentFinancialInstruments d:WithinOneYear 2022-08-31 13558050 d:ShareCapital 2023-08-31 13558050 d:ShareCapital 2022-08-31 13558050 d:RetainedEarningsAccumulatedLosses 2023-08-31 13558050 d:RetainedEarningsAccumulatedLosses 2022-08-31 13558050 c:OrdinaryShareClass1 2022-09-01 2023-08-31 13558050 c:OrdinaryShareClass1 2023-08-31 13558050 c:OrdinaryShareClass1 2022-08-31 13558050 c:OrdinaryShareClass2 2022-09-01 2023-08-31 13558050 c:OrdinaryShareClass2 2023-08-31 13558050 c:OrdinaryShareClass2 2022-08-31 13558050 c:FRS102 2022-09-01 2023-08-31 13558050 c:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 13558050 c:FullAccounts 2022-09-01 2023-08-31 13558050 c:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13558050









SMASHTAG SOCIAL LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 AUGUST 2023

 
SMASHTAG SOCIAL LTD
REGISTERED NUMBER: 13558050

STATEMENT OF FINANCIAL POSITION
AS AT 31 AUGUST 2023

2023
2022
£
£

Debtors: amounts falling due within one year
-
10,020

Cash at bank and in hand
17,920
5,641

Current assets
17,920
15,661

Creditors: amounts falling due within one year
(17,820)
(10,228)

Net assets
100
5,433


Capital and reserves

Called up share capital 
100
100

Profit and loss account
-
5,333

100
5,433


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 her 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 28 September 2023.




J Ross
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
SMASHTAG SOCIAL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2023

1.


General information

Smashtag Social Limited is a private company limited by shares incorporated in England & Wales. The registered office is 5 Hodges Close, Poole, England, BH17 8QE.
The company was incorporated on 10 August 2021.

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

Turnover is recognised at the fair value of the consideration received or receivable for goods provided in the normal course of business, and is shown net of VAT and other sales related taxes.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably

 
2.3

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 statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

 
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.

 
2.5

Debtors

Short term debtors are measured at transaction price, less any impairment.

Page 2

 
SMASHTAG SOCIAL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 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.

 
2.7

Creditors

Short-term creditors are measured at the transaction price.

 
2.8

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.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable.


3.


Employees

The average monthly number of employees, including directors, during the period was 1 (2022 - 1).


4.


Debtors

2023
2022
£
£


Trade debtors
-
9,220

Prepayments and accrued income
-
800

-
10,020



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
-
1,680

Corporation tax
7,156
5,297

Other creditors
10,664
851

Accruals
-
2,400

17,820
10,228


Page 3

 
SMASHTAG SOCIAL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2023

6.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



80 (2022 - 80) A Ordinary shares of £1.00 each
80
80
20 (2022 - 20) B Ordinary shares of £1.00 each
20
20

100

100


Page 4