Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-3122Exploitation of rightstrue2023-01-01falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11626378 2023-01-01 2023-12-31 11626378 2022-01-01 2022-12-31 11626378 2023-12-31 11626378 2022-12-31 11626378 c:Director1 2023-01-01 2023-12-31 11626378 d:OtherPropertyPlantEquipment 2023-01-01 2023-12-31 11626378 d:OtherPropertyPlantEquipment 2023-12-31 11626378 d:OtherPropertyPlantEquipment 2022-12-31 11626378 d:CurrentFinancialInstruments 2023-12-31 11626378 d:CurrentFinancialInstruments 2022-12-31 11626378 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 11626378 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 11626378 d:ShareCapital 2023-12-31 11626378 d:ShareCapital 2022-12-31 11626378 d:RetainedEarningsAccumulatedLosses 2023-12-31 11626378 d:RetainedEarningsAccumulatedLosses 2022-12-31 11626378 c:OrdinaryShareClass1 2023-01-01 2023-12-31 11626378 c:OrdinaryShareClass1 2023-12-31 11626378 c:OrdinaryShareClass1 2022-12-31 11626378 c:FRS102 2023-01-01 2023-12-31 11626378 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 11626378 c:FullAccounts 2023-01-01 2023-12-31 11626378 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 11626378 2 2023-01-01 2023-12-31 11626378 e:PoundSterling 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 11626378














NEPOSOL LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED  31 DECEMBER 2023

 
NEPOSOL LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
1
Notes to the Financial Statements
 
2 - 5


 
NEPOSOL LIMITED
REGISTERED NUMBER:11626378

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets

 4 

24,636
-

Current assets
  

Debtors: amounts falling due within one year
 5 
524,643
194,853

Cash at bank and in hand
  
390,789
314,176

  
915,432
509,029

Current liabilities
  

Creditors: amounts falling due within one year
 6 
(200,460)
(197,626)

Net assets
  
739,608
311,403


Capital and reserves
  

Called up share capital 
 7 
1
1

Profit and loss account
  
739,607
311,402

  
739,608
311,403


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 comprehensive income 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 on 24 September 2024.




G Freud
Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1

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

1.


General information

Neposol Limited is a private company, limited by shares, incorporated in England and Wales, with its registered and principal place of business at 1 Stephen Street, London, United Kingdom, W1T 1AL.
The company's principal activity is the exploitation of rights.

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

 
2.2

Revenue

Turnover comprises revenue recognised by the Company in respect of rights income receivable, exclusive of Value Added Tax.
Rights income is recognised in the period to which it relates. 

 
2.3

Interest income

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

 
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 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.

 
2.5

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 2

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

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.

Depreciation is provided on the following basis:

Artwork
-
No depreciation charged

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

 
2.6

Debtors

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

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty.

 
2.8

Creditors

Short term creditors are measured at the transaction price.

 
2.9

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like other debtors, other creditors and loans to related parties.

 
2.10

Dividends

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 3

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

4.


Tangible fixed assets





Artwork

£



Cost


Additions
24,636



At 31 December 2023

24,636



Net book value



At 31 December 2023
24,636



At 31 December 2022
-


5.


Debtors

2023
2022
£
£

Other debtors
313,806
1

Accrued income
210,837
194,852

524,643
194,853



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
16
1,112

Taxation and social security
198,444
132,050

Other creditors
-
63,464

Accruals and deferred income
2,000
1,000

200,460
197,626



7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £0.01 each
1
1

Page 4

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

7.Share capital (continued)



8.


Transactions with directors

At the reporting date the Company was owed £313,805 by (2022 -  £63,465 owed to) the directors of the company, which has been repaid since the year end. The maximum amount outstanding during the year was £313,805 (2022 - £90,749). The Company charged interest at the official HMRC rate totalling £3,892 (2022 - £452) for the year.

 
Page 5