Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31113791false2023-01-01No description of principal activity22falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 04498392 2023-01-01 2023-12-31 04498392 2022-01-01 2022-12-31 04498392 2023-12-31 04498392 2022-12-31 04498392 c:Director1 2023-01-01 2023-12-31 04498392 d:PlantMachinery 2023-01-01 2023-12-31 04498392 d:PlantMachinery 2023-12-31 04498392 d:PlantMachinery 2022-12-31 04498392 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 04498392 d:MotorVehicles 2023-01-01 2023-12-31 04498392 d:MotorVehicles 2023-12-31 04498392 d:MotorVehicles 2022-12-31 04498392 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 04498392 d:OfficeEquipment 2023-01-01 2023-12-31 04498392 d:OfficeEquipment 2023-12-31 04498392 d:OfficeEquipment 2022-12-31 04498392 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 04498392 d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 04498392 d:CurrentFinancialInstruments 2023-12-31 04498392 d:CurrentFinancialInstruments 2022-12-31 04498392 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 04498392 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 04498392 c:OrdinaryShareClass1 2023-01-01 2023-12-31 04498392 c:OrdinaryShareClass1 2023-12-31 04498392 c:FRS102 2023-01-01 2023-12-31 04498392 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 04498392 c:FullAccounts 2023-01-01 2023-12-31 04498392 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 04498392 2 2023-01-01 2023-12-31 04498392 d:AcceleratedTaxDepreciationDeferredTax 2023-12-31 04498392 d:AcceleratedTaxDepreciationDeferredTax 2022-12-31 04498392 d:TaxLossesCarry-forwardsDeferredTax 2023-12-31 04498392 d:TaxLossesCarry-forwardsDeferredTax 2022-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 04498392
















BOLDDOG LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

 
BOLDDOG LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
1 - 2
Notes to the Financial Statements
 
3 - 9


 
BOLDDOG LIMITED
REGISTERED NUMBER:04498392

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

  

Fixed assets
  
99,982
123,187

Current assets
  
21,758
35,728

Creditors: amounts falling due within one year
 8 
(5,355)
(10,013)

Net current assets
  
 
 
16,403
 
 
25,715

Total assets less current liabilities
  
116,385
148,902

Provisions for liabilities
  

Deferred taxation
 9 
(18,997)
(20,527)

  
 
 
(18,997)
 
 
(20,527)

Net assets
  
97,388
128,375


  

Capital and reserves
  
97,388
128,375


Page 1

 
BOLDDOG LIMITED
REGISTERED NUMBER:04498392
    
STATEMENT OF FINANCIAL POSITION (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 income statement 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: 




................................................
A T Godbold
Director

Date: 18 September 2024

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
BOLDDOG LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Bolddog Limited is a private company limited by shares and registered in England. The registration number and registered office details can be found on the information page of these financial statements. 

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.



 
2.2

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. The following criteria must also be met before turnover is recognised:

Sale of goods

Turnover from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
BOLDDOG LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.3

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Income Statement in the same period as the related expenditure.

 
2.4

Interest income

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

 
2.5

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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 income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

 
2.6

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.

Page 4

 
BOLDDOG LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)


2.6
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant & machinery
-
15% reducing balance
Motor vehicles
-
25% reducing balance
Office equipment
-
25% reducing balance

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.

 
2.7

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. Work in progress and finished goods include labour and attributable overheads.

At each reporting 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.

 
2.8

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.

 
2.9

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.

 
2.10

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.

Page 5

 
BOLDDOG LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.11

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the reporting date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Statement of Financial Position.

 
2.12

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

 
2.13

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 the directors, during the year was as follows:


        2023
        2022
            No.
            No.







2
2

Page 6

 
BOLDDOG LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Dividends

2023
2022
£
£


Dividends
27,500
3,650

27,500
3,650


5.


Tangible fixed assets





Plant & machinery
Motor vehicles
Office equipment
Total

£
£
£
£



Cost or valuation


At 1 January 2023
75,179
173,369
39,700
288,248


Additions
1,850
18,702
-
20,552


Disposals
(1,850)
(20,503)
-
(22,353)



At 31 December 2023

75,179
171,568
39,700
286,447



Depreciation


At 1 January 2023
40,772
85,477
38,812
165,061


Charge for the year on owned assets
5,161
23,390
326
28,877


Disposals
-
(7,473)
-
(7,473)



At 31 December 2023

45,933
101,394
39,138
186,465



Net book value



At 31 December 2023
29,246
70,174
562
99,982



At 31 December 2022
34,407
87,892
888
123,187

Page 7

 
BOLDDOG LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

6.


Debtors

2023
2022
£
£


Trade debtors
767
767

Other debtors
11,966
30,861

Prepayments and accrued income
1,527
1,433

14,260
33,061



7.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
7,498
2,667

7,498
2,667



8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
706
3,383

Corporation tax
621
-

Other taxation and social security
1,660
4,454

Accruals and deferred income
2,368
2,176

5,355
10,013


Page 8

 
BOLDDOG LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

9.


Deferred taxation




2023


£






At beginning of year
20,527


Charged to profit or loss
(1,530)



At end of year
18,997

The provision for deferred taxation is made up as follows:

2023
2022
£
£


Accelerated capital allowances
18,997
23,405

Tax losses carried forward
-
(2,878)

18,997
20,527


10.


Share capital

2023
2022
£
£
Shares classified as equity

Allotted, called up and fully paid



100 Ordinary shares of £1 each
100
100


11.


Related party transactions

At the year end A T Godbold, a director, owed the company £11,966 (2022: £27,406).


12.


Controlling party

The company is controlled by A T Godbold, a director, who owns 100% of the share capital.

 
Page 9