Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31false2023-01-01No description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 03890947 2023-01-01 2023-12-31 03890947 2022-01-01 2022-12-31 03890947 2023-12-31 03890947 2022-12-31 03890947 c:Director2 2023-01-01 2023-12-31 03890947 c:Director3 2023-01-01 2023-12-31 03890947 d:CurrentFinancialInstruments 2023-12-31 03890947 d:CurrentFinancialInstruments 2022-12-31 03890947 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 03890947 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 03890947 d:ShareCapital 2023-12-31 03890947 d:ShareCapital 2022-12-31 03890947 d:SharePremium 2023-12-31 03890947 d:SharePremium 2022-12-31 03890947 d:RetainedEarningsAccumulatedLosses 2023-12-31 03890947 d:RetainedEarningsAccumulatedLosses 2022-12-31 03890947 c:FRS102 2023-01-01 2023-12-31 03890947 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 03890947 c:FullAccounts 2023-01-01 2023-12-31 03890947 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 03890947 d:Subsidiary1 2023-01-01 2023-12-31 03890947 d:Subsidiary1 1 2023-01-01 2023-12-31 03890947 d:Subsidiary2 2023-01-01 2023-12-31 03890947 d:Subsidiary2 1 2023-01-01 2023-12-31 03890947 d:Subsidiary3 2023-01-01 2023-12-31 03890947 d:Subsidiary3 1 2023-01-01 2023-12-31 03890947 6 2023-01-01 2023-12-31 03890947 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 03890947










THE POINT ORGANISATION LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
THE POINT ORGANISATION LIMITED
REGISTERED NUMBER: 03890947

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
25,307
25,307

  
25,307
25,307

Current assets
  

Cash at bank and in hand
  
4,567
10,567

  
4,567
10,567

Creditors: amounts falling due within one year
 5 
(4,000)
(10,000)

Net current assets
  
 
 
567
 
 
567

Total assets less current liabilities
  
25,874
25,874

  

Net assets
  
25,874
25,874


Capital and reserves
  

Called up share capital 
  
1,140
1,140

Share premium account
  
24,360
24,360

Profit and loss account
  
374
374

  
25,874
25,874


Page 1

 
THE POINT ORGANISATION LIMITED
REGISTERED NUMBER: 03890947
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 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 income statement 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: 




................................................
R J Lincoln
................................................
I McKinnon-Evans
Director
Director








21 August 2024


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

Page 2

 
THE POINT ORGANISATION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

The Point Organisation Limited is a company limited by shares incorporated in England and Wales, registration number 03890947. The registered office is 4 Woolgate Court, St Benedicts, Norwich, Norfolk, NR2 4AP.

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 financial statements are presented in sterling which is the functional currency of the Company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

 
2.2

Going concern

The Directors believe that the company's financial statements should be prepared on a going concern basis on the grounds that current and future sources of funding or support will be more than adequate for the company's needs. The directors have considered a period of twelve months from the date of approval of the financial statements. The directors believe that no further disclosures relating to the company's ability to continue as a going concern need to be made in the financial statements.

  
2.3

Group accounts

The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertakings comprise a small sized group. The Company has therefore taken advantage of the exemption provided by section 398 of the Companies Act 2006 not to prepare group accounts.

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated 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.

Page 3

 
THE POINT ORGANISATION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.7

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. Dividends on shares recognised as liabilities are recognised as expenses and classified within interest payable.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 January 2023
25,307



At 31 December 2023
25,307




Page 4

 
THE POINT ORGANISATION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023



The following were subsidiary undertakings of the Company:

Name

Registered office

Class of shares

Holding

The Point (UK) Ltd
4 Woolgate Court, St Benedicts Street, Norwich, NR2 4AP
Ordinary
80%
The Media Point (UK) Ltd
4 Woolgate Court, St Benedicts Street, Norwich, NR2 4AP
Ordinary
100%
The PR Point (UK) Ltd
4 Woolgate Court, St Benedicts Street, Norwich, NR2 4AP
Ordinary
100%

The aggregate of the share capital and reserves as at 31 December 2023 and the profit or loss for the year ended on that date for the subsidiary undertakings were as follows:

Name
Aggregate of share capital and reserves
Profit/(Loss)
£
£

The Point (UK) Ltd
90,701
43,496

The Media Point (UK) Ltd
16,320
8,249

The PR Point (UK) Ltd
-
-


5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
4,000
10,000

4,000
10,000



6.


Contingent liabilities

The Company is also part of a group VAT registration. At 31 December 2023 the maximum group liability was £24,726 (2022: £37,483).  However no liability is expected to arise as a result of these guarantees.
Group liabilities are covered by fixed and floating cross charges.

 
Page 5