1 January 2023 false No description of principal activity Taxfiler 2024.5 12532708business:PrivateLimitedCompanyLtd2023-01-012023-12-31 125327082022-12-31 125327082023-01-012023-12-31 12532708business:AuditExemptWithAccountantsReport2023-01-012023-12-31 12532708business:FilletedAccounts2023-01-012023-12-31 125327082023-12-31 12532708business:Director12023-01-012023-12-31 12532708business:Director22023-01-012023-12-31 12532708business:Director32023-01-012023-12-31 12532708business:RegisteredOffice2023-01-012023-12-31 125327082022-12-31 12532708core:WithinOneYear2023-12-31 12532708core:WithinOneYear2022-12-31 12532708core:AfterOneYear2023-12-31 12532708core:AfterOneYear2022-12-31 12532708core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 12532708core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 12532708core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 12532708core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 12532708core:PreviouslyStatedAmount2023-12-31 12532708core:PreviouslyStatedAmount2022-12-31 12532708business:SmallEntities2023-01-012023-12-31 12532708countries:EnglandWales2023-01-012023-12-31 12532708core:ComputerEquipment2023-01-012023-12-31 12532708core:ComputerEquipment2022-12-31 12532708core:ComputerEquipment2023-12-31 12532708business:OrdinaryShareClass12023-01-012023-12-31 12532708business:OrdinaryShareClass12022-04-012022-12-31 125327082022-04-012022-12-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 12532708 (England and Wales)
SENSI LABS LTD Unaudited accounts for the year ended 31 December 2023
SENSI LABS LTD Unaudited accounts Contents
Page
- 2 -
SENSI LABS LTD Company Information for the year ended 31 December 2023
Directors
Pawel BADZYNSKI Tomasz CZAJKOWSKI Tomasz ZALEWSKI
Company Number
12532708 (England and Wales)
Registered Office
Niddry Lodge, 51 Holland Street c/o Salvares JBS UK Ltd London Greater London W8 7JB
Accountants
Salvares JBS UK Ltd Niddry Lodge 51 Holland Street London London W8 7JB
- 3 -
SENSI LABS LTD Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,190 
- 
Current assets
Debtors
810,170 
166,055 
Cash at bank and in hand
525,322 
129,825 
1,335,492 
295,880 
Creditors: amounts falling due within one year
(1,131,740)
(238,027)
Net current assets
203,752 
57,853 
Total assets less current liabilities
205,942 
57,853 
Creditors: amounts falling due after more than one year
- 
(47,163)
Net assets
205,942 
10,690 
Capital and reserves
Called up share capital
10,000 
10,000 
Profit and loss account
195,942 
690 
Shareholders' funds
205,942 
10,690 
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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 April 2024 and were signed on its behalf by
Pawel BADZYNSKI Director Company Registration No. 12532708
- 4 -
SENSI LABS LTD Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
SENSI LABS LTD is a private company, limited by shares, registered in England and Wales, registration number 12532708. The registered office is Niddry Lodge, 51 Holland Street, c/o Salvares JBS UK Ltd, London, Greater London, W8 7JB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities and the Companies Act 2006 as applicable to companies subject to small companies' regime. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
30%
Foreign exchange
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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
- 5 -
SENSI LABS LTD Notes to the Accounts for the year ended 31 December 2023
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2023
- 
Additions
2,246 
At 31 December 2023
2,246 
Depreciation
Charge for the year
56 
At 31 December 2023
56 
Net book value
At 31 December 2023
2,190 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
755,726 
166,055 
Amounts due from group undertakings etc.
16,298 
- 
Accrued income and prepayments
85 
- 
Other debtors
38,061 
- 
810,170 
166,055 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
- 
14,237 
VAT
27,851 
- 
Trade creditors
1,038,571 
156,201 
Amounts owed to group undertakings and other participating interests
1,379 
- 
Taxes and social security
55,643 
66,388 
Other creditors
1,617 
1 
Loans from directors
1,429 
- 
Accruals
5,250 
1,200 
1,131,740 
238,027 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
- 
47,163 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
10,000 Ordinary shares of £1 each
10,000 
10,000 
- 6 -
SENSI LABS LTD Notes to the Accounts for the year ended 31 December 2023
9
Transactions with related parties
As at 31st December 2023, £14,918 was due to the Company from eo NETWORKS S.A, the amount being the difference of the amounts due from and to the related party. Included in other debtors is the amount of £889due from the directors. As at 31st December 2023, the company owed £539 to its Directors, the amount being the difference of the amounts due from and to the related party.
10
Controlling party
eo NETWORKS S.A, a company registered in Poland, is the ultimate controlling party by virtue of it's shareholding in the company.
11
Average number of employees
During the year the average number of employees was 5 (2022: 2).
- 7 -