Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 09941073 Mr T Hirsch Mr J Sanchez Luna iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09941073 2022-12-31 09941073 2023-12-31 09941073 2023-01-01 2023-12-31 09941073 frs-core:CurrentFinancialInstruments 2023-12-31 09941073 frs-core:ComputerEquipment 2023-12-31 09941073 frs-core:ComputerEquipment 2023-01-01 2023-12-31 09941073 frs-core:ComputerEquipment 2022-12-31 09941073 frs-core:ShareCapital 2023-12-31 09941073 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 09941073 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 09941073 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 09941073 frs-bus:SmallEntities 2023-01-01 2023-12-31 09941073 frs-bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 09941073 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 09941073 frs-bus:Director1 2023-01-01 2023-12-31 09941073 frs-bus:Director2 2023-01-01 2023-12-31 09941073 frs-core:CurrentFinancialInstruments 9 2023-12-31 09941073 frs-countries:EnglandWales 2023-01-01 2023-12-31 09941073 2021-12-31 09941073 2022-12-31 09941073 2022-01-01 2022-12-31 09941073 frs-core:CurrentFinancialInstruments 2022-12-31 09941073 frs-core:ShareCapital 2022-12-31 09941073 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 09941073 frs-core:CurrentFinancialInstruments 9 2022-12-31
Registered number: 09941073
Upday UK Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
djca Limited
Unaudited Financial Statements
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
Accountant's Report
Report to the directors on the preparation of the unaudited statutory accounts of Upday UK Limited For The Year Ended 31 December 2023
To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Upday UK Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of Upday UK Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Upday UK Limited and state those matters that we have agreed to state to the directors of Upday UK Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Upday UK Limited and its directors as a body for our work or for this report.
It is your duty to ensure that Upday UK Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Upday UK Limited . You consider that Upday UK Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Upday UK Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
Robert Fiford FCCA
29/08/2024
djca Limited
ACCA
154-160 Fleet Street
London
EC4A 2DQ
Page 1
Page 2
Balance Sheet
Registered number: 09941073
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 16
- 16
CURRENT ASSETS
Debtors 5 215,100 57,529
Cash at bank and in hand 66,193 152,251
281,293 209,780
Creditors: Amounts Falling Due Within One Year 6 (237,514 ) (86,302 )
NET CURRENT ASSETS (LIABILITIES) 43,779 123,478
TOTAL ASSETS LESS CURRENT LIABILITIES 43,779 123,494
NET ASSETS 43,779 123,494
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 43,679 123,394
SHAREHOLDERS' FUNDS 43,779 123,494
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Page 3
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr J Sanchez Luna
Director
29/08/2024
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Upday UK Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09941073 . The registered office is 86-90 Paul Street, London, EC2A 4NE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment 33% on cost
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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2.6. Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2022: 10)
10 10
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2023 11,686
As at 31 December 2023 11,686
Depreciation
As at 1 January 2023 11,670
Provided during the period 16
As at 31 December 2023 11,686
Net Book Value
As at 31 December 2023 -
As at 1 January 2023 16
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 179,680 36,598
Prepayments and accrued income 24,023 12,560
Other debtors 3,700 3,700
VAT 7,697 4,671
215,100 57,529
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 19,699 21,429
Corporation tax 14,443 12,952
Other taxes and social security 10,974 11,078
Other creditors 6,913 2,850
Accruals and deferred income 185,485 37,993
237,514 86,302
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
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