REGISTERED NUMBER: |
SERIAL IDEAS LTD |
Unaudited Financial Statements |
for the Year Ended 31 December 2023 |
REGISTERED NUMBER: |
SERIAL IDEAS LTD |
Unaudited Financial Statements |
for the Year Ended 31 December 2023 |
SERIAL IDEAS LTD (REGISTERED NUMBER: 08784601) |
Contents of the Financial Statements |
for the year ended 31 December 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
SERIAL IDEAS LTD |
Company Information |
for the year ended 31 December 2023 |
Director: |
Registered office: |
Registered number: |
Accountants: |
New Derwent House |
69-73 Theobalds Road |
London |
WC1X 8TA |
SERIAL IDEAS LTD (REGISTERED NUMBER: 08784601) |
Balance Sheet |
31 December 2023 |
2023 | 2022 |
Notes | € | € |
Fixed assets |
Investments | 4 |
Current assets |
Debtors | 5 |
Cash at bank |
Creditors |
Amounts falling due within one year | 6 | ( |
) | ( |
) |
Net current liabilities | ( |
) | ( |
) |
Total assets less current liabilities | ( |
) | ( |
) |
Capital and reserves |
Called up share capital | 7 |
Retained earnings | ( |
) | ( |
) |
Shareholders' funds | ( |
) | ( |
) |
The director acknowledges his 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
SERIAL IDEAS LTD (REGISTERED NUMBER: 08784601) |
Notes to the Financial Statements |
for the year ended 31 December 2023 |
1. | Statutory information |
Serial Ideas Ltd is a |
2. | Accounting policies |
Basis of preparing the financial statements |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
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. |
Foreign currencies |
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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
Going concern |
At the end of the financial year there was a net deficit of €1,701 (2022: €681 ) on the balance sheet. However, the director has confirmed continued support of the company and consequently the accounts have been prepared on a going concern basis. |
3. | Employees and directors |
The average number of employees during the year was |
4. | Fixed asset investments |
Shares in |
group |
undertakings |
€ |
Cost |
At 1 January 2023 |
and 31 December 2023 |
Net book value |
At 31 December 2023 |
At 31 December 2022 |
SERIAL IDEAS LTD (REGISTERED NUMBER: 08784601) |
Notes to the Financial Statements - continued |
for the year ended 31 December 2023 |
4. | Fixed asset investments - continued |
The company's investments at the Balance Sheet date in the share capital of companies include the following: |
Registered office: UK |
Nature of business: |
% |
Class of shares: | holding |
Registered office: Austria |
Nature of business: |
% |
Class of shares: | holding |
Registered office: Spain |
Nature of business: |
% |
Class of shares: | holding |
5. | Debtors: amounts falling due within one year |
2023 | 2022 |
€ | € |
Other debtors |
6. | Creditors: amounts falling due within one year |
2023 | 2022 |
€ | € |
Amounts owed to group undertakings |
Other creditors |
7. | Called up share capital |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2023 | 2022 |
value: | € | € |
Ordinary | £1 | 1,185 | 1,185 |
SERIAL IDEAS LTD (REGISTERED NUMBER: 08784601) |
Notes to the Financial Statements - continued |
for the year ended 31 December 2023 |
8. | Related party disclosures |
At the balance sheet date the company owed Daotec Limited €586,052 (2022: €580,342). Daotec Limited |
is a 100% owned subsidiary of Serial Ideas Limited who have a common director Peter Krapfl. |
The company owed the director Peter Krapfl €20,000 (2022: €20,000) at the balance sheet date. |
At the balance sheet date Accelid GmbH owed the company €27,800 (2022: €26,500) at the year end. |
Cognac Systems S.L a connected company owed €26,578 (2022: €26,578) at the year end. |