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REGISTERED NUMBER: 10162780 (England and Wales)















Financial Statements for the Year Ended 31 December 2023

for

Splash Business Intelligence UK Ltd

Splash Business Intelligence UK Ltd (Registered number: 10162780)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 8

Splash Business Intelligence UK Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTORS: N S Miglani
Mr K K Pasham
G E Spicer



SECRETARY:



REGISTERED OFFICE: 144 Mackie Avenue
Brighton
East Sussex
BN1 8SB



REGISTERED NUMBER: 10162780 (England and Wales)



ACCOUNTANTS: AC TAX SERVICES
144 Mackie Avenue
Brighton
East Sussex
BN1 8SB



BANKERS: Barclays
Brighton North Street 2
Leicestershire
LE87 2BB

Splash Business Intelligence UK Ltd (Registered number: 10162780)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,968 270

CURRENT ASSETS
Stocks - 36,450
Debtors 5 478,701 398,087
Cash at bank 275,629 137,222
754,330 571,759
CREDITORS
Amounts falling due within one year 6 459,722 256,441
NET CURRENT ASSETS 294,608 315,318
TOTAL ASSETS LESS CURRENT
LIABILITIES

299,576

315,588

CREDITORS
Amounts falling due after more than
one year

7

50,013

70,014
NET ASSETS 249,563 245,574

Splash Business Intelligence UK Ltd (Registered number: 10162780)

Balance Sheet - continued
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
RESERVES
Retained earnings 249,563 245,574
SHAREHOLDERS' FUNDS 249,563 245,574

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 August 2024 and were signed on its behalf by:





G E Spicer - Director


Splash Business Intelligence UK Ltd (Registered number: 10162780)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Splash Business Intelligence UK Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Splash Business Intelligence UK Ltd (Registered number: 10162780)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2022 - 13 ) .

Splash Business Intelligence UK Ltd (Registered number: 10162780)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 1,304
Additions 4,958
At 31 December 2023 6,262
DEPRECIATION
At 1 January 2023 1,034
Charge for year 260
At 31 December 2023 1,294
NET BOOK VALUE
At 31 December 2023 4,968
At 31 December 2022 270

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.12.23 31.12.22
£    £   
Trade debtors 401,073 347,129
Amounts owed by group undertakings - 50,958
Other debtors 77,628 -
478,701 398,087

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.12.23 31.12.22
£    £   
Trade creditors 35,503 27,270
Taxation and social security 206,588 127,193
Other creditors 217,631 101,978
459,722 256,441

Splash Business Intelligence UK Ltd (Registered number: 10162780)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE
THAN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans 50,013 70,014

Splash Business Intelligence UK Ltd

Report of the Accountants to the Directors of
Splash Business Intelligence UK Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2023 set out on pages two to five and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






AC TAX SERVICES
144 Mackie Avenue
Brighton
East Sussex
BN1 8SB


14 August 2024