Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31No description of principal activity2false22023-01-01falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 07755848 2023-01-01 2023-12-31 07755848 2022-01-01 2022-12-31 07755848 2023-12-31 07755848 2022-12-31 07755848 c:Director1 2023-01-01 2023-12-31 07755848 d:PlantMachinery 2023-01-01 2023-12-31 07755848 d:PlantMachinery 2023-12-31 07755848 d:PlantMachinery 2022-12-31 07755848 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 07755848 d:CurrentFinancialInstruments 2023-12-31 07755848 d:CurrentFinancialInstruments 2022-12-31 07755848 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 07755848 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 07755848 d:ShareCapital 2023-12-31 07755848 d:ShareCapital 2022-12-31 07755848 d:RetainedEarningsAccumulatedLosses 2023-12-31 07755848 d:RetainedEarningsAccumulatedLosses 2022-12-31 07755848 c:FRS102 2023-01-01 2023-12-31 07755848 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 07755848 c:FullAccounts 2023-01-01 2023-12-31 07755848 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 07755848 2 2023-01-01 2023-12-31 07755848 6 2023-01-01 2023-12-31 07755848 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 07755848









OPP CAPITAL LTD








FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
OPP CAPITAL LTD
REGISTERED NUMBER: 07755848

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,406
25,647

Investments
 5 
11,165
10,075

  
12,571
35,722

Current assets
  

Debtors: amounts falling due within one year
 6 
41,075
168,641

Cash at bank and in hand
 7 
219,235
19,767

  
260,310
188,408

Creditors: amounts falling due within one year
 8 
(3,148)
(6,282)

Net current assets
  
 
 
257,162
 
 
182,126

Total assets less current liabilities
  
269,733
217,848

  

Net assets
  
269,733
217,848


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
269,732
217,847

  
269,733
217,848


Page 1

 
OPP CAPITAL LTD
REGISTERED NUMBER: 07755848
    
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 financial statements have been prepared 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 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 statement of income and retained earnings 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: 




................................................
E Olins
Director

Date: 23 September 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
OPP CAPITAL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

OPP Capital Limited is a private company limited by shares. The company is incorporated in England and Wales and its registered office address is Aston House, Cornwall Avenue, London, N3 1LF. The company registration number is 07755848.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
3 years straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.4

Valuation of investments

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of income and retained earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 3

 
OPP CAPITAL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

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

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees




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

Page 4

 
OPP CAPITAL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Tangible fixed assets





Plant and machinery

£



Cost or valuation


At 1 January 2023
76,579



At 31 December 2023

76,579



Depreciation


At 1 January 2023
50,932


Charge for the year on owned assets
24,241



At 31 December 2023

75,173



Net book value



At 31 December 2023
1,406



At 31 December 2022
25,647


5.


Fixed asset investments





Fixed asset investments

£



Cost or valuation


At 1 January 2023
10,075


Additions
1,090



At 31 December 2023
11,165




Page 5

 
OPP CAPITAL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

6.


Debtors

2023
2022
£
£


Other debtors
41,074
168,640

Called up share capital not paid
1
1

41,075
168,641



7.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
219,235
19,767

219,235
19,767



8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
862
-

Other creditors
36
49

Accruals and deferred income
2,250
6,233

3,148
6,282



9.


Related party transactions

Included in other debtors is an amount of £13,552 (2022: £143,000) due to the director of the company. This amount is unsecured, interest has been charged at the standard government rate and the loan was repaid within 9 months of the year end.

 
Page 6