Caseware UK (AP4) 2022.0.179 2022.0.179 2023-12-312023-12-31true2023-01-01No description of principal activityfalse11trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12699659 2023-01-01 2023-12-31 12699659 2022-01-01 2022-12-31 12699659 2023-12-31 12699659 2022-12-31 12699659 c:Director2 2023-01-01 2023-12-31 12699659 d:CurrentFinancialInstruments 2023-12-31 12699659 d:CurrentFinancialInstruments 2022-12-31 12699659 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 12699659 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 12699659 d:ShareCapital 2023-12-31 12699659 d:ShareCapital 2022-12-31 12699659 d:RetainedEarningsAccumulatedLosses 2023-12-31 12699659 d:RetainedEarningsAccumulatedLosses 2022-12-31 12699659 c:OrdinaryShareClass1 2023-01-01 2023-12-31 12699659 c:OrdinaryShareClass1 2023-12-31 12699659 c:OrdinaryShareClass1 2022-12-31 12699659 c:FRS102 2023-01-01 2023-12-31 12699659 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 12699659 c:FullAccounts 2023-01-01 2023-12-31 12699659 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 12699659









AUTOPILOT PLUS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

 
AUTOPILOT PLUS LIMITED
REGISTERED NUMBER: 12699659

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
6,120
1,444

Cash at bank and in hand
 5 
40,828
32,589

  
46,948
34,033

Creditors: amounts falling due within one year
 6 
(43,327)
(43,559)

Net current assets/(liabilities)
  
 
 
3,621
 
 
(9,526)

Total assets less current liabilities
  
3,621
(9,526)

  

Net assets/(liabilities)
  
3,621
(9,526)


Capital and reserves
  

Called up share capital 
 7 
1
1

Profit and loss account
  
3,620
(9,527)

  
3,621
(9,526)


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 year 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 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: 




................................................
Signe Lyng Pedersen
Director

Date: 7 March 2024
Page 1

 
AUTOPILOT PLUS LIMITED
REGISTERED NUMBER: 12699659
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023


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

Page 2

 
AUTOPILOT PLUS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Autopilot Plus Limited is a private company, limited by shares, incorporated in England & Wales.
Registered number : 12699659
Registeretd office : Fifth Floor, 27 Greville Street, London, United Kingdom, EC1N 8TN

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

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of comprehensive income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 3

 
AUTOPILOT PLUS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
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:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

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.

 
2.5

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.

 
2.6

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 year was 1 (2022 - 1).


4.


Debtors

2023
2022
£
£


Trade debtors
6,120
-

Other debtors
-
319

Prepayments and accrued income
-
1,125
Page 4

 
AUTOPILOT PLUS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.Debtors (continued)


6,120
1,444



5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
40,828
32,589

40,828
32,589



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
33
-

Amounts owed to group undertakings
40,688
40,688

Other taxation and social security
2,021
2,101

Accruals and deferred income
585
770

43,327
43,559



7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



1 (2022 - 1) Ordinary share of £1.00
1
1


 
Page 5