Caseware UK (AP4) 2023.0.135 2023.0.135 2023-09-302023-09-30No description of principal activityfalse2022-10-0111truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 06690121 2022-10-01 2023-09-30 06690121 2021-10-01 2022-09-30 06690121 2023-09-30 06690121 2022-09-30 06690121 2021-10-01 06690121 c:Director1 2022-10-01 2023-09-30 06690121 d:OfficeEquipment 2023-09-30 06690121 d:OfficeEquipment 2022-09-30 06690121 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-10-01 2023-09-30 06690121 d:ComputerEquipment 2022-10-01 2023-09-30 06690121 d:CurrentFinancialInstruments 2023-09-30 06690121 d:CurrentFinancialInstruments 2022-09-30 06690121 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 06690121 d:CurrentFinancialInstruments d:WithinOneYear 2022-09-30 06690121 d:ShareCapital 2023-09-30 06690121 d:ShareCapital 2022-09-30 06690121 d:ShareCapital 2021-10-01 06690121 d:RetainedEarningsAccumulatedLosses 2022-10-01 2023-09-30 06690121 d:RetainedEarningsAccumulatedLosses 2023-09-30 06690121 d:RetainedEarningsAccumulatedLosses 2021-10-01 2022-09-30 06690121 d:RetainedEarningsAccumulatedLosses 2022-09-30 06690121 d:RetainedEarningsAccumulatedLosses 2021-10-01 06690121 c:OrdinaryShareClass1 2022-10-01 2023-09-30 06690121 c:OrdinaryShareClass1 2023-09-30 06690121 c:OrdinaryShareClass1 2022-09-30 06690121 c:FRS102 2022-10-01 2023-09-30 06690121 c:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 06690121 c:FullAccounts 2022-10-01 2023-09-30 06690121 c:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 06690121 d:WithinOneYear 2023-09-30 06690121 d:WithinOneYear 2022-09-30 06690121 e:PoundSterling 2022-10-01 2023-09-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 06690121










WOP COM LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2023

 
WOP COM LTD
REGISTERED NUMBER: 06690121

BALANCE SHEET
AS AT 30 SEPTEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
453
660

  
453
660

Current assets
  

Debtors: amounts falling due within one year
 5 
4,845
1,425

Cash at bank and in hand
  
8,136
33,047

  
12,981
34,472

Current liabilities
  

Creditors: amounts falling due within one year
 6 
(13,399)
(17,151)

Net current (liabilities)/assets
  
 
 
(418)
 
 
17,321

Total assets less current liabilities
  
35
17,981

  

Net assets
  
35
17,981


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
(65)
17,881

  
35
17,981


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 year 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 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 by: 

W O Preston
Director
Date: 4 March 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 1

 
WOP COM LTD
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 SEPTEMBER 2023


Called up share capital
Profit and loss account
Total equity

£
£
£


At 1 October 2021
100
15,217
15,317



Profit for the year
-
41,664
41,664

Dividends: Equity capital
-
(39,000)
(39,000)



At 1 October 2022
100
17,881
17,981



Profit for the year
-
32,751
32,751

Dividends: Equity capital
-
(50,697)
(50,697)


At 30 September 2023
100
(65)
35


The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
WOP COM LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1.


General information

WOP COM Limited is a limited liability company incorporated in England and Wales. The address of its registered office is 2 Communications Road, Greenham Business Park, Greenham, Newbury, Berkshire, RG19 6AB.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:

 
2.2

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 for services during the year, excluding discounts, rebates, value added tax and other sales taxes.

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

 
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.

Page 3

 
WOP COM LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

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:

Computer equipment
-
25%

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

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

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.

 
2.8

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.

  
2.9

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.

 
2.10

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.

Page 4

 
WOP COM LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

3.


Employees

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


4.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 1 October 2022
5,573



At 30 September 2023

5,573



Depreciation


At 1 October 2022
4,913


Charge for the year on owned assets
207



At 30 September 2023

5,120



Net book value



At 30 September 2023
453



At 30 September 2022
660


5.


Debtors

2023
2022
£
£


Trade debtors
4,845
1,425



6.


Creditors: amounts falling due within one year

2023
2022
£
£

Corporation tax
7,893
9,867

Other taxation and social security
2,416
4,723

Other creditors
711
312

Accruals and deferred income
2,379
2,249

13,399
17,151


Page 5

 
WOP COM LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1.00 each
100
100



8.


Commitments under operating leases

At 30 September 2023 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2023
2022
£
£


Not later than 1 year
-
420

-
420


9.


Related party transactions

Included within other creditors is an amount owed to the director of £711 (2022: £312 owed to the director and included in other creditors).
During the year the director received dividends of £50,697 (2022: £39,000).


Page 6