Caseware UK (AP4) 2023.0.135 2023.0.135 2023-01-312023-01-312022-02-01falseNo 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 2022-02-01 2023-01-31 11155781 2021-02-01 2022-01-31 11155781 2023-01-31 11155781 2022-01-31 11155781 c:Director1 2022-02-01 2023-01-31 11155781 d:FurnitureFittings 2022-02-01 2023-01-31 11155781 d:FurnitureFittings 2023-01-31 11155781 d:FurnitureFittings 2022-01-31 11155781 d:ComputerEquipment 2022-02-01 2023-01-31 11155781 d:ComputerEquipment 2023-01-31 11155781 d:ComputerEquipment 2022-01-31 11155781 d:CurrentFinancialInstruments 2023-01-31 11155781 d:CurrentFinancialInstruments 2022-01-31 11155781 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 11155781 d:CurrentFinancialInstruments d:WithinOneYear 2022-01-31 11155781 d:ShareCapital 2023-01-31 11155781 d:ShareCapital 2022-01-31 11155781 d:RetainedEarningsAccumulatedLosses 2023-01-31 11155781 d:RetainedEarningsAccumulatedLosses 2022-01-31 11155781 c:OrdinaryShareClass1 2022-02-01 2023-01-31 11155781 c:OrdinaryShareClass1 2023-01-31 11155781 c:OrdinaryShareClass1 2022-01-31 11155781 c:FRS102 2022-02-01 2023-01-31 11155781 c:AuditExempt-NoAccountantsReport 2022-02-01 2023-01-31 11155781 c:FullAccounts 2022-02-01 2023-01-31 11155781 c:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 11155781 e:PoundSterling 2022-02-01 2023-01-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 11155781














CARROT.WEB LTD
UNAUDITED
 FINANCIAL STATEMENTS
FOR THE YEAR ENDED  31 JANUARY 2023

 
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 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 5 
2,064
1,668

Bank and cash balances
  
78
256

  
2,142
1,924

Current liabilities
  

Creditors: amounts falling due within one year
 6 
(6,199)
(31,475)

Net current liabilities
  
 
 
(4,057)
 
 
(29,551)

  

Net liabilities
  
(4,057)
(29,551)


Capital and reserves
  

Called up share capital 
 7 
1,000
1,000

Profit and loss account
  
(5,057)
(30,551)

  
(4,057)
(29,551)


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 2023

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 2023

2.Accounting policies (continued)

 
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.

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 (2022 - 2).

Page 3

 
CARROT.WEB LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

4.


Tangible fixed assets





Fixtures and fittings
Computer equipment
Total

£
£
£



Cost or valuation


At 1 February 2022
44
1,085
1,129



At 31 January 2023

44
1,085
1,129



Depreciation


At 1 February 2022
44
1,085
1,129



At 31 January 2023

44
1,085
1,129



Net book value



At 31 January 2023
-
-
-



At 31 January 2022
-
-
-


5.


Debtors

2023
2022
£
£


Trade debtors
900
505

Other debtors
286
285

Prepayments and accrued income
878
878

2,064
1,668



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
8
93

Other taxation and social security
6,107
488

Other creditors
84
30,894

6,199
31,475



7.


Share capital

2023
2022
Page 4

 
CARROT.WEB LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

7.Share capital (continued)

£
£
Allotted, called up and fully paid



1,000 (2022 - 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 (2022: £100). Also included within other debtors is an amount due from a company under common control of £186 (2022: £186). Included within other creditors is an amount due to the parent company of £nil (2022: £30,756). These amounts are interest free and payable on demand.

 
Page 5