Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312false2023-01-012falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13065524 2023-01-01 2023-12-31 13065524 2022-01-01 2022-12-31 13065524 2023-12-31 13065524 2022-12-31 13065524 c:Director1 2023-01-01 2023-12-31 13065524 d:CurrentFinancialInstruments 2023-12-31 13065524 d:CurrentFinancialInstruments 2022-12-31 13065524 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 13065524 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 13065524 d:ShareCapital 2023-12-31 13065524 d:ShareCapital 2022-12-31 13065524 d:RetainedEarningsAccumulatedLosses 2023-12-31 13065524 d:RetainedEarningsAccumulatedLosses 2022-12-31 13065524 c:OrdinaryShareClass1 2023-01-01 2023-12-31 13065524 c:OrdinaryShareClass1 2023-12-31 13065524 c:OrdinaryShareClass1 2022-12-31 13065524 c:FRS102 2023-01-01 2023-12-31 13065524 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 13065524 c:FullAccounts 2023-01-01 2023-12-31 13065524 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13065524 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:shares xbrli:pure
Registered number: 13065524














DISCO POGO LTD

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

 
DISCO POGO LTD
REGISTERED NUMBER:13065524

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Stocks
 4 
86,210
5,375

Debtors: amounts falling due within one year
 5 
19,613
4,004

Cash at bank and in hand
 6 
27,374
6,702

  
133,197
16,081

Creditors: amounts falling due within one year
 7 
(81,486)
(44,162)

Net current assets/(liabilities)
  
 
 
51,711
 
 
(28,081)

Total assets less current liabilities
  
51,711
(28,081)

  

Net assets/(liabilities)
  
51,711
(28,081)


Capital and reserves
  

Called up share capital 
 8 
100
100

Profit and loss account
  
51,611
(28,181)

  
51,711
(28,081)


Page 1

 
DISCO POGO LTD
REGISTERED NUMBER:13065524
    
BALANCE SHEET (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 company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 profit and loss account 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: 




P A Benney
Director

Date: 13 September 2024

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

Page 2

 
DISCO POGO LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Disco Pogo Ltd is a private company, limited by shares, registered in England and Wales, registration number 13065524. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.
 
The principal activity of the company continued to be that of retail sale of books in specialised stores.
 
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 Section 1A of the  Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

  
2.2

Functional and presentation currency

The company's functional and presentational currency is pound sterling.

 
2.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Turnover from the sale of books is recognised when it is probable the company will receive the rights to the consideration due under the contract.
Merchandise income is recognised when the significant risks and rewards of ownership have been transferred to the buyer.
 
 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date

 
2.5

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. 

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.7

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

Page 3

 
DISCO POGO LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.8

Creditors

Short-term creditors are measured at the transaction price.Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Financial instruments

The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors, trade and other creditors, and loans with related parties.


3.


Employees

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




4.


Stocks

2023
2022
£
£

Finished goods and goods for resale
86,210
5,375



5.


Debtors

2023
2022
£
£


Trade debtors
19,613
2,470

Other debtors
-
1,534

19,613
4,004



6.


Cash

2023
2022
£
£

Bank and cash balances
27,374
6,702


Page 4

 
DISCO POGO LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

7.


Creditors: amounts falling due within one year

2023
2022
£
£

Trade creditors
5,319
9,637

Corporation tax
14,559
-

Other taxation and social security
9,178
-

Other creditors
48,570
30,775

Accruals
3,860
3,750

81,486
44,162



8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1.00 each
100
100


9.


Transactions with directors

As at the year end, the company owed £48,570 (2022 - £30,025) to the directors. This loan is unsecured, interest free and repayable on demand.
 
Page 5