Caseware UK (AP4) 2023.0.135 2023.0.135 2022-01-312022-01-312021-02-01falseNo description of principal activity22falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11155781 2021-02-01 2022-01-31 11155781 2020-02-01 2021-01-31 11155781 2022-01-31 11155781 2021-01-31 11155781 c:Director1 2021-02-01 2022-01-31 11155781 d:FurnitureFittings 2021-02-01 2022-01-31 11155781 d:FurnitureFittings 2022-01-31 11155781 d:FurnitureFittings 2021-01-31 11155781 d:ComputerEquipment 2021-02-01 2022-01-31 11155781 d:ComputerEquipment 2022-01-31 11155781 d:ComputerEquipment 2021-01-31 11155781 d:CurrentFinancialInstruments 2022-01-31 11155781 d:CurrentFinancialInstruments 2021-01-31 11155781 d:CurrentFinancialInstruments d:WithinOneYear 2022-01-31 11155781 d:CurrentFinancialInstruments d:WithinOneYear 2021-01-31 11155781 d:ShareCapital 2022-01-31 11155781 d:ShareCapital 2021-01-31 11155781 d:RetainedEarningsAccumulatedLosses 2022-01-31 11155781 d:RetainedEarningsAccumulatedLosses 2021-01-31 11155781 c:OrdinaryShareClass1 2021-02-01 2022-01-31 11155781 c:OrdinaryShareClass1 2022-01-31 11155781 c:OrdinaryShareClass1 2021-01-31 11155781 c:FRS102 2021-02-01 2022-01-31 11155781 c:AuditExempt-NoAccountantsReport 2021-02-01 2022-01-31 11155781 c:FullAccounts 2021-02-01 2022-01-31 11155781 c:PrivateLimitedCompanyLtd 2021-02-01 2022-01-31 11155781 2 2021-02-01 2022-01-31 11155781 e:PoundSterling 2021-02-01 2022-01-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 11155781














CARROT.WEB LTD
UNAUDITED
 FINANCIAL STATEMENTS
FOR THE YEAR ENDED  31 JANUARY 2022

 
CARROT.WEB LTD
 

CONTENTS



Page
Statement of financial position
 
1
Notes to the financial statements
 
2 - 5


 
CARROT.WEB LTD
REGISTERED NUMBER:11155781

STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2022

2022
2021
Note
£
£

Fixed assets
  

Tangible assets
 4 
-
2,168

Current assets
  

Debtors: amounts falling due within one year
 5 
1,668
622

Bank and cash balances
  
256
720

  
1,924
1,342

Current liabilities
  

Creditors: amounts falling due within one year
 6 
(31,475)
(38,359)

Net current liabilities
  
 
 
(29,551)
 
 
(37,017)

  

Net liabilities
  
(29,551)
(34,849)


Capital and reserves
  

Called up share capital 
 7 
1,000
1,000

Profit and loss account
  
(30,551)
(35,849)

  
(29,551)
(34,849)


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 23 October 2024.




B I Berkeley
Director

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

Page 1

 
CARROT.WEB LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2022

1.


General information

CARROT.WEB LTD is a limited liability company registered in England and Wales. Its registered office address is at Connaught House 1-3 Mount Street, 2nd Floor, London, England, W1K 3NB.
.
The principal activity of the Company during the year was that of advertising agency.

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

Going concern

Whilst the Company made a profit for the year, at the balance sheet date it has net current liabilities and net liabilities. The directors have obtained assurance from the shareholders that funds will be made available to the company so that it will be able to carry on trading and meet its financial obligations as and when they fall due for at least twelve months from the date the accounts are approved. The accounts have been prepared under going concern on this basis.

 
2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

 
2.4

Turnover

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Page 2

 
CARROT.WEB LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2022

2.Accounting policies (continued)

 
2.5

Interest income

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

 
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.

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:

Fixtures and fittings
-
20%
Computer equipment
-
33%

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.


3.


Employees




The average monthly number of employees, including directors, during the year was 2 (2021 - 2).

Page 3

 
CARROT.WEB LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2022

4.


Tangible fixed assets





Fixtures and fittings
Computer equipment
Total

£
£
£



Cost or valuation


At 1 February 2021
583
4,104
4,687


Disposals
(539)
(3,019)
(3,558)



At 31 January 2022

44
1,085
1,129



Depreciation


At 1 February 2021
167
2,352
2,519


Disposals
(123)
(1,267)
(1,390)



At 31 January 2022

44
1,085
1,129



Net book value



At 31 January 2022
-
-
-



At 31 January 2021
416
1,752
2,168


5.


Debtors

2022
2021
£
£


Trade debtors
505
-

Other debtors
285
444

Prepayments and accrued income
878
178

1,668
622



6.


Creditors: Amounts falling due within one year

2022
2021
£
£

Trade creditors
93
276

Other taxation and social security
488
-

Other creditors
30,894
34,483

Accruals and deferred income
-
3,600

31,475
38,359


Page 4

 
CARROT.WEB LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2022

7.


Share capital

2022
2021
£
£
Allotted, called up and fully paid



1,000 (2021 - 1,000) Ordinary Shares shares of £1.00 each
1,000
1,000



8.


Related parties

Included with other debtors is an amount advanced to a director of £100 (2021: nil). Also included within other debtors is an amount due from a company under common control of £186 (2021: £172). Included within other creditors is an amount due to the parent company of £30,756 (2021: £28,256). These amounts are interest free and payable on demand.





 
Page 5