2023-01-012023-12-312023-12-31false13779960APRON PAYMENTS LTD2024-03-0762090iso4217:GBPxbrli:pure137799602023-01-01137799602023-12-31137799602023-01-012023-12-31137799602021-12-03137799602022-12-31137799602021-12-032022-12-3113779960bus:SmallEntities2023-01-012023-12-3113779960bus:AuditExempt-NoAccountantsReport2023-01-012023-12-3113779960bus:FullAccounts2023-01-012023-12-3113779960bus:PrivateLimitedCompanyLtd2023-01-012023-12-3113779960core:WithinOneYear2023-12-3113779960core:AfterOneYear2023-12-3113779960core:WithinOneYear2022-12-3113779960core:AfterOneYear2022-12-311377996012023-01-012023-12-3113779960core:ShareCapital2023-12-3113779960core:SharePremium2023-12-3113779960core:RevaluationReserve2023-12-3113779960core:OtherReservesSubtotal2023-12-3113779960core:RetainedEarningsAccumulatedLosses2023-12-3113779960core:ShareCapital2022-12-3113779960core:SharePremium2022-12-3113779960core:RevaluationReserve2022-12-3113779960core:OtherReservesSubtotal2022-12-3113779960core:RetainedEarningsAccumulatedLosses2022-12-3113779960core:LandBuildings2023-12-3113779960core:PlantMachinery2023-12-3113779960core:Vehicles2023-12-3113779960core:FurnitureFittings2023-12-3113779960core:OfficeEquipment2023-12-3113779960core:NetGoodwill2023-12-3113779960core:IntangibleAssetsOtherThanGoodwill2023-12-3113779960core:ListedExchangeTraded2023-12-3113779960core:UnlistedNon-exchangeTraded2023-12-3113779960core:LandBuildings2022-12-3113779960core:PlantMachinery2022-12-3113779960core:Vehicles2022-12-3113779960core:FurnitureFittings2022-12-3113779960core:OfficeEquipment2022-12-3113779960core:NetGoodwill2022-12-3113779960core:IntangibleAssetsOtherThanGoodwill2022-12-3113779960core:ListedExchangeTraded2022-12-3113779960core:UnlistedNon-exchangeTraded2022-12-3113779960core:LandBuildings2023-01-012023-12-3113779960core:PlantMachinery2023-01-012023-12-3113779960core:Vehicles2023-01-012023-12-3113779960core:FurnitureFittings2023-01-012023-12-3113779960core:OfficeEquipment2023-01-012023-12-3113779960core:NetGoodwill2023-01-012023-12-3113779960core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3113779960core:ListedExchangeTraded2023-01-012023-12-3113779960core:UnlistedNon-exchangeTraded2023-01-012023-12-3113779960core:MoreThanFiveYears2023-01-012023-12-3113779960core:Non-currentFinancialInstruments2023-12-3113779960core:Non-currentFinancialInstruments2022-12-3113779960dpl:CostSales2023-01-012023-12-3113779960dpl:DistributionCosts2023-01-012023-12-3113779960core:LandBuildings2023-01-012023-12-3113779960core:PlantMachinery2023-01-012023-12-3113779960core:Vehicles2023-01-012023-12-3113779960core:FurnitureFittings2023-01-012023-12-3113779960core:OfficeEquipment2023-01-012023-12-3113779960dpl:AdministrativeExpenses2023-01-012023-12-3113779960core:NetGoodwill2023-01-012023-12-3113779960core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3113779960dpl:GroupUndertakings2023-01-012023-12-3113779960dpl:ParticipatingInterests2023-01-012023-12-3113779960dpl:GroupUndertakingscore:ListedExchangeTraded2023-01-012023-12-3113779960core:ListedExchangeTraded2023-01-012023-12-3113779960dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-01-012023-12-3113779960core:UnlistedNon-exchangeTraded2023-01-012023-12-3113779960dpl:CostSales2021-12-032022-12-3113779960dpl:DistributionCosts2021-12-032022-12-3113779960core:LandBuildings2021-12-032022-12-3113779960core:PlantMachinery2021-12-032022-12-3113779960core:Vehicles2021-12-032022-12-3113779960core:FurnitureFittings2021-12-032022-12-3113779960core:OfficeEquipment2021-12-032022-12-3113779960dpl:AdministrativeExpenses2021-12-032022-12-3113779960core:NetGoodwill2021-12-032022-12-3113779960core:IntangibleAssetsOtherThanGoodwill2021-12-032022-12-3113779960dpl:GroupUndertakings2021-12-032022-12-3113779960dpl:ParticipatingInterests2021-12-032022-12-3113779960dpl:GroupUndertakingscore:ListedExchangeTraded2021-12-032022-12-3113779960core:ListedExchangeTraded2021-12-032022-12-3113779960dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-12-032022-12-3113779960core:UnlistedNon-exchangeTraded2021-12-032022-12-3113779960core:NetGoodwill2023-12-3113779960core:IntangibleAssetsOtherThanGoodwill2023-12-3113779960core:LandBuildings2023-12-3113779960core:PlantMachinery2023-12-3113779960core:Vehicles2023-12-3113779960core:FurnitureFittings2023-12-3113779960core:OfficeEquipment2023-12-3113779960core:AfterOneYear2023-12-3113779960core:WithinOneYear2023-12-3113779960core:ListedExchangeTraded2023-12-3113779960core:UnlistedNon-exchangeTraded2023-12-3113779960core:ShareCapital2023-12-3113779960core:SharePremium2023-12-3113779960core:RevaluationReserve2023-12-3113779960core:OtherReservesSubtotal2023-12-3113779960core:RetainedEarningsAccumulatedLosses2023-12-3113779960core:NetGoodwill2022-12-3113779960core:IntangibleAssetsOtherThanGoodwill2022-12-3113779960core:LandBuildings2022-12-3113779960core:PlantMachinery2022-12-3113779960core:Vehicles2022-12-3113779960core:FurnitureFittings2022-12-3113779960core:OfficeEquipment2022-12-3113779960core:AfterOneYear2022-12-3113779960core:WithinOneYear2022-12-3113779960core:ListedExchangeTraded2022-12-3113779960core:UnlistedNon-exchangeTraded2022-12-3113779960core:ShareCapital2022-12-3113779960core:SharePremium2022-12-3113779960core:RevaluationReserve2022-12-3113779960core:OtherReservesSubtotal2022-12-3113779960core:RetainedEarningsAccumulatedLosses2022-12-3113779960core:NetGoodwill2021-12-0313779960core:IntangibleAssetsOtherThanGoodwill2021-12-0313779960core:LandBuildings2021-12-0313779960core:PlantMachinery2021-12-0313779960core:Vehicles2021-12-0313779960core:FurnitureFittings2021-12-0313779960core:OfficeEquipment2021-12-0313779960core:AfterOneYear2021-12-0313779960core:WithinOneYear2021-12-0313779960core:ListedExchangeTraded2021-12-0313779960core:UnlistedNon-exchangeTraded2021-12-0313779960core:ShareCapital2021-12-0313779960core:SharePremium2021-12-0313779960core:RevaluationReserve2021-12-0313779960core:OtherReservesSubtotal2021-12-0313779960core:RetainedEarningsAccumulatedLosses2021-12-0313779960core:AfterOneYear2023-01-012023-12-3113779960core:WithinOneYear2023-01-012023-12-3113779960core:Non-currentFinancialInstrumentscore:CostValuation2023-01-012023-12-3113779960core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-01-012023-12-3113779960core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-01-012023-12-3113779960core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-01-012023-12-3113779960core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-01-012023-12-3113779960core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-01-012023-12-3113779960core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-01-012023-12-3113779960core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-01-012023-12-3113779960core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-01-012023-12-3113779960core:Non-currentFinancialInstrumentscore:CostValuation2023-12-3113779960core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-12-3113779960core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-12-3113779960core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-12-3113779960core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-12-3113779960core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-12-3113779960core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-12-3113779960core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-12-3113779960core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-12-3113779960core:Non-currentFinancialInstrumentscore:CostValuation2022-12-3113779960core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-12-3113779960core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-12-3113779960core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-12-3113779960core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-12-3113779960core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-12-3113779960core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-12-3113779960core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-12-3113779960core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-12-3113779960bus:Director12023-01-012023-12-3113779960bus:Director22023-01-012023-12-3113779960bus:Director32023-01-012023-12-31

APRON PAYMENTS LTD

(formerly HELLO CASH LTD)

Registered Number
13779960
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2023

APRON PAYMENTS LTD
Company Information
for the year from 1 January 2023 to 31 December 2023

Directors

HAMMER, Jan
STERMAN, Eric Ariel
UZBEKOV, Bogdan

Registered Address

Level 39 One Canada Square
London
E14 5AB

Registered Number

13779960 (England and Wales)
APRON PAYMENTS LTD
Balance Sheet as at
31 December 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets342,34526,775
42,34526,775
Current assets
Debtors472,144185,483
Cash at bank and on hand11,109,2302,942,858
11,581,3743,128,341
Creditors amounts falling due within one year5(116,532)(70,066)
Net current assets (liabilities)11,464,8423,058,275
Total assets less current liabilities11,507,1873,085,050
Net assets11,507,1873,085,050
Capital and reserves
Called up share capital22
Share premium15,438,9254,315,929
Profit and loss account(3,931,740)(1,230,881)
Shareholders' funds11,507,1873,085,050
The financial statements were approved and authorised for issue by the Board of Directors on 7 March 2024, and are signed on its behalf by:
UZBEKOV, Bogdan
Director
Registered Company No. 13779960
APRON PAYMENTS LTD
Notes to the Financial Statements
for the year ended 31 December 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Defined contribution pension plan
The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Research and development
All research costs are expensed. Costs related to the development of products are capitalised when they meet the criteria stated in FRS 102, Section 18 Intangible assets other than Goodwill. All other development expenditure is recognised as an expense in the period in which it is incurred.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Office Equipment25
2.Average number of employees

20232022
Average number of employees during the year135
3.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
At 01 January 2331,25431,254
Additions24,78024,780
At 31 December 2356,03456,034
Depreciation and impairment
At 01 January 234,4794,479
Charge for year9,2109,210
At 31 December 2313,68913,689
Net book value
At 31 December 2342,34542,345
At 31 December 2226,77526,775
4.Debtors: amounts due within one year

2023

2022

££
Trade debtors / trade receivables2,875-
Other debtors440,287164,942
Prepayments and accrued income28,98220,541
Total472,144185,483
5.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables15,65920,401
Other creditors88,18131,139
Accrued liabilities and deferred income12,69218,526
Total116,53270,066
6.Other commitments
Minimum lease payments under non-cancellable operating leases total £44,800, due within one year.