SAPIO RESEARCH LTD

Company Registration Number:
10378863 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

SAPIO RESEARCH LTD

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

SAPIO RESEARCH LTD

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 357,624 358,500
Tangible assets: 4 217,397 252,204
Investments:   0 0
Total fixed assets: 575,021 610,704
Current assets
Stocks: 0 0
Debtors: 5 538,176 575,067
Cash at bank and in hand: 1,002,191 916,048
Investments:   0 0
Total current assets: 1,540,367 1,491,115
Creditors: amounts falling due within one year: 6 (691,447) (754,371)
Net current assets (liabilities): 848,920 736,744
Total assets less current liabilities: 1,423,941 1,347,448
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): 1,423,941 1,347,448
Capital and reserves
Called up share capital: 80 80
Share premium account: 6,131 6,131
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 1,417,730 1,341,237
Shareholders funds: 1,423,941 1,347,448

The notes form part of these financial statements

SAPIO RESEARCH LTD

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 02 September 2024
and signed on behalf of the board by:

Name: Miss Jessica Catherine Bunce
Status: Director

The notes form part of these financial statements

SAPIO RESEARCH LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SAPIO RESEARCH LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 19 19

SAPIO RESEARCH LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Intangible Assets

Total
Cost £
At 01 January 2023 358,500
Revaluations (876)
At 31 December 2023 357,624
Net book value
At 31 December 2023 357,624
At 31 December 2022 358,500

SAPIO RESEARCH LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible Assets

Total
Cost £
At 01 January 2023 341,693
Additions 56,161
Disposals (36,208)
At 31 December 2023 361,646
Depreciation
At 01 January 2023 89,489
Charge for year 69,244
On disposals (14,484)
At 31 December 2023 144,249
Net book value
At 31 December 2023 217,397
At 31 December 2022 252,204

SAPIO RESEARCH LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Debtors

Trade debtors £470,668 - £467,225 Prepayments £40,639 - £32,552 Other debtors £26,869 - £75,290

SAPIO RESEARCH LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Creditors: amounts falling due within one year note

Trade creditors £170,753 - £121,542 Taxation and social security £229,163 - £224,565 Accruals and deferred income £286,130 - £367,054 Other creditors £5,401 - £41,210