Caseware UK (AP4) 2023.0.135 2023.0.135 2023-06-302023-06-302022-07-01truefalsetrueDormant Company33The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07801245 2022-07-01 2023-06-30 07801245 2021-07-01 2022-06-30 07801245 2023-06-30 07801245 2022-06-30 07801245 c:Director1 2022-07-01 2023-06-30 07801245 d:FurnitureFittings 2022-07-01 2023-06-30 07801245 d:FurnitureFittings 2023-06-30 07801245 d:FurnitureFittings 2022-06-30 07801245 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-06-30 07801245 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2022-06-30 07801245 d:CurrentFinancialInstruments 2023-06-30 07801245 d:CurrentFinancialInstruments 2022-06-30 07801245 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 07801245 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 07801245 d:ShareCapital 2023-06-30 07801245 d:ShareCapital 2022-06-30 07801245 d:SharePremium 2023-06-30 07801245 d:SharePremium 2022-06-30 07801245 d:RetainedEarningsAccumulatedLosses 2023-06-30 07801245 d:RetainedEarningsAccumulatedLosses 2022-06-30 07801245 c:FRS102 2022-07-01 2023-06-30 07801245 c:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 07801245 c:FullAccounts 2022-07-01 2023-06-30 07801245 c:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 07801245 d:DevelopmentCostsCapitalisedDevelopmentExpenditure d:OwnedIntangibleAssets 2022-07-01 2023-06-30 iso4217:GBP xbrli:pure

Registered number: 07801245










LABLOGIC (2012) LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

 
LABLOGIC (2012) LIMITED
REGISTERED NUMBER: 07801245

BALANCE SHEET
AS AT 30 JUNE 2023

2023
2022
Note
£
£

Fixed assets
  

Intangible assets
 4 
2,637,865
2,934,850

Tangible assets
 5 
-
-

  
2,637,865
2,934,850

Current assets
  

Debtors: amounts falling due within one year
 6 
193,513
193,514

Cash at bank and in hand
  
3,289
3,202

  
196,802
196,716

Creditors: amounts falling due within one year
 7 
(500)
(2,400)

Net current assets
  
 
 
196,302
 
 
194,316

  

Net assets
  
2,834,167
3,129,166


Capital and reserves
  

Called up share capital 
  
19,999
19,999

Share premium account
  
5,979,701
5,979,701

Profit and loss account
  
(3,165,533)
(2,870,534)

  
2,834,167
3,129,166


Page 1

 
LABLOGIC (2012) LIMITED
REGISTERED NUMBER: 07801245
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2023

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 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 12 March 2024.





R A Brown
Director

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

Page 2

 
LABLOGIC (2012) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1.


General information

Lablogic (2012) Limited is a private company limited by shares, incorporated in England and Wales (registered number: 07801245). Its registered office is Innovation House, 6 Europa View, Sheffield, South Yorkshire, England, S9 1XH. The principal activity of the Company throughout the year continued to be that of a dormant company.

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 Company's functional and presentation currency is pounds sterling.

The following principal accounting policies have been applied:

 
2.2

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.3

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.

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 at the following rates:

Fixtures and fittings
-
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.

Page 3

 
LABLOGIC (2012) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
2.4

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities such as bank and cash balances, trade and other debtors receivable and payable, loans from banks and other third parties and loans to and from related parties. 

 
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.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2022 - 3).


4.


Intangible assets




Intellectual property

£



Cost


At 1 July 2022
5,939,700



At 30 June 2023

5,939,700



Amortisation


At 1 July 2022
3,004,850


Charge for the year on owned assets
296,985



At 30 June 2023

3,301,835



Net book value



At 30 June 2023
2,637,865



At 30 June 2022
2,934,850



Page 4

 
LABLOGIC (2012) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

5.


Tangible fixed assets





Fixtures and fittings

£



Cost 


At 1 July 2022
13,700



At 30 June 2023

13,700



Depreciation


At 1 July 2022
13,700



At 30 June 2023

13,700



Net book value



At 30 June 2023
-



At 30 June 2022
-


6.


Debtors

2023
2022
£
£


Other debtors
193,513
193,514



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Accruals and deferred income
500
2,400


 
Page 5