Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.1false2023-02-01falsetrue1 11762660 2023-02-01 2024-01-31 11762660 2022-02-01 2023-01-31 11762660 2024-01-31 11762660 2023-01-31 11762660 c:Director1 2023-02-01 2024-01-31 11762660 d:CurrentFinancialInstruments 2024-01-31 11762660 d:CurrentFinancialInstruments 2023-01-31 11762660 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 11762660 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 11762660 d:ShareCapital 2024-01-31 11762660 d:ShareCapital 2023-01-31 11762660 d:RetainedEarningsAccumulatedLosses 2024-01-31 11762660 d:RetainedEarningsAccumulatedLosses 2023-01-31 11762660 c:FRS102 2023-02-01 2024-01-31 11762660 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 11762660 c:FullAccounts 2023-02-01 2024-01-31 11762660 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 11762660 e:PoundSterling 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure

Registered number: 11762660










DQPY LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2024

 
DQPY LIMITED
REGISTERED NUMBER: 11762660

BALANCE SHEET
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
172,297
172,297

Cash at bank and in hand
 5 
2,281
958

  
174,578
173,255

Creditors: amounts falling due within one year
 6 
(48,174)
(45,040)

Net current assets
  
 
 
126,404
 
 
128,215

Total assets less current liabilities
  
126,404
128,215

  

Net assets
  
126,404
128,215


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
126,402
128,213

  
126,404
128,215


The director considers 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 director acknowledges his 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 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 on 15 October 2024.


Y Peng
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
DQPY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

The company is a private company limited by shares, incorporated in England and Wales. The address of the registered office is 14th Floor, 33 Cavendish Square, London, W1G 0PW.

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.

The following principal accounting policies have been applied:

 
2.2

Debtors

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

 
2.3

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.

 
2.4

Creditors

Short term creditors are measured at the transaction price.

 
2.5

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.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

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.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Page 2

 
DQPY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)


2.5
Financial instruments (continued)

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument 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.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Debtors

2024
2023
£
£


Other debtors
172,297
172,297



5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
2,281
958


Page 3

 
DQPY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
2,151

Corporation tax
588
27,588

Other creditors
46,326
14,551

Accruals and deferred income
1,260
750

48,174
45,040



7.


Related party transactions

Included in other debtors at the balance sheet date is an amount of £172,297 (2023: £172,297) due from a company in which the Director has material interest.
Included in other creditors at the balance sheet date is an amount of £46,326 (2023: £14,551) due to the Director.

 
Page 4