Caseware UK (AP4) 2023.0.135 2023.0.135 2023-10-312023-10-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-10-21falsetruefalseNo description of principal activity2 14434660 2022-10-20 14434660 2022-10-21 2023-10-31 14434660 2021-10-21 2022-10-20 14434660 2023-10-31 14434660 c:Director2 2022-10-21 2023-10-31 14434660 d:CurrentFinancialInstruments 2023-10-31 14434660 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 14434660 d:ShareCapital 2023-10-31 14434660 d:RetainedEarningsAccumulatedLosses 2023-10-31 14434660 c:FRS102 2022-10-21 2023-10-31 14434660 c:AuditExempt-NoAccountantsReport 2022-10-21 2023-10-31 14434660 c:FullAccounts 2022-10-21 2023-10-31 14434660 c:PrivateLimitedCompanyLtd 2022-10-21 2023-10-31 14434660 e:PoundSterling 2022-10-21 2023-10-31 iso4217:GBP xbrli:pure

Registered number: 14434660









MEANING MACHINE LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 OCTOBER 2023

 
MEANING MACHINE LTD
REGISTERED NUMBER: 14434660

BALANCE SHEET
AS AT 31 OCTOBER 2023

2023
Note
£

  

Current assets
  

Debtors: amounts falling due within one year
 5 
10,548

Cash at bank and in hand
 6 
5,831

  
16,379

Creditors: amounts falling due within one year
 7 
(11,562)

Net current assets
  
 
 
4,817

Total assets less current liabilities
  
4,817

  

Net assets
  
4,817


Capital and reserves
  

Called up share capital 
  
2

Profit and loss account
  
4,815

  
4,817


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 period 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 profit and loss account 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 2 February 2024.




T. Keane
Director

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

Page 1

 
MEANING MACHINE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2023

1.


General information

The entity is a limited company registered in England and Wales.

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 company has an excess of liabilities over assets. The directors will provide funds to finance the company and the going concern basis has been used.

 
2.3

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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.4

Grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Profit and loss account in the same period as the related expenditure.

Page 2

 
MEANING MACHINE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2023

2.Accounting policies (continued)

 
2.5

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.

 
2.6

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.

 
2.7

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.


4.


Grants

Grants were received from the University of Bristol (MyWorld Programme) £49,984 (£6,475 is deferred income to 2023/24); UK Games Fund £19,406 and Creative England £9,521,


5.


Debtors

2023
£


Trade debtors
4,998

Other debtors
5,548

Called up share capital not paid
2

10,548


Page 3

 
MEANING MACHINE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2023

6.


Cash and cash equivalents

2023
£

Cash at bank and in hand
5,831

5,831



7.


Creditors: Amounts falling due within one year

2023
£

Other taxation and social security
88

Other creditors
5,000

Accruals and deferred income
6,474

11,562


 
Page 4