Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-312true22023-02-01falseNo description of principal activitytrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11135896 2023-02-01 2024-01-31 11135896 2022-02-01 2023-01-31 11135896 2024-01-31 11135896 2023-01-31 11135896 c:Director1 2023-02-01 2024-01-31 11135896 c:Director2 2023-02-01 2024-01-31 11135896 d:OfficeEquipment 2023-02-01 2024-01-31 11135896 d:CurrentFinancialInstruments 2024-01-31 11135896 d:CurrentFinancialInstruments 2023-01-31 11135896 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 11135896 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 11135896 d:ShareCapital 2024-01-31 11135896 d:ShareCapital 2023-01-31 11135896 d:SharePremium 2024-01-31 11135896 d:SharePremium 2023-01-31 11135896 d:RetainedEarningsAccumulatedLosses 2024-01-31 11135896 d:RetainedEarningsAccumulatedLosses 2023-01-31 11135896 c:FRS102 2023-02-01 2024-01-31 11135896 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 11135896 c:FullAccounts 2023-02-01 2024-01-31 11135896 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 11135896 2 2023-02-01 2024-01-31 11135896 e:PoundSterling 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure
Registered number: 11135896









BUBBLER LTD

UNAUDITED

FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2024

 
BUBBLER LTD
REGISTERED NUMBER: 11135896

BALANCE SHEET
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,238
3,191

  
2,238
3,191

Current assets
  

Debtors: amounts falling due within one year
 5 
2,900
32,836

Cash at bank and in hand
  
120,134
54,556

  
123,034
87,392

Creditors: amounts falling due within one year
 6 
(15,348)
(8,483)

Net current assets
  
 
 
107,686
 
 
78,909

Total assets less current liabilities
  
109,924
82,100

  

Net assets
  
109,924
82,100


Capital and reserves
  

Called up share capital 
  
131
122

Share premium account
  
359,131
217,785

Profit and loss account
  
(249,338)
(135,807)

  
109,924
82,100


Page 1

 
BUBBLER LTD
REGISTERED NUMBER: 11135896

BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2024

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 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.




................................................
J J Davies
................................................
S C Heyworth
Director
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
BUBBLER LTD
 

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

1.


General information

Bubbler Ltd is a private company, limited by shares, domiciled in England and Wales, with the company registration number 11135896. The registered office is Anglia House, 6 Central Avenue, St Andrews Business Park, Thorpe St Andrew, Norwich, Norfolk, NR7 0HR. 

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.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Going concern

The directors consider that the resources available to the company will be sufficient for it to be able to continue as a going concern. The financial statements do not contain any adjustments that would be required if the company were not able to continue as a going concern.

 
2.3

Revenue

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

Sale of goods

Revenue 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 revenue 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

Revenue 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 revenue 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

 
BUBBLER LTD
 

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

2.Accounting policies (continued)

 
2.4

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.5

Research and development

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight-line basis over their useful economic lives, which range from 3 to 6 years.
If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.

 
2.6

Interest income

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

 
2.7

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 balance sheet date in the countries where the Company operates and generates income.

 
2.8

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, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
25%

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.

Page 4

 
BUBBLER LTD
 

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

2.Accounting policies (continued)

 
2.9

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.

 
2.10

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.

 
2.11

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.


3.


Employees




The average monthly number of employees, including the directors, during the year was as follows:


        2024
        2023
            No.
            No.







Employees
2
2

Page 5

 
BUBBLER LTD
 

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

4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 February 2023
3,812



At 31 January 2024

3,812



Depreciation


At 1 February 2023
621


Charge for the year on owned assets
953



At 31 January 2024

1,574



Net book value



At 31 January 2024
2,238



At 31 January 2023
3,191

Page 6

 
BUBBLER LTD
 

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

5.


Debtors

2024
2023
£
£


Other debtors
2,438
32,387

Prepayments and accrued income
462
449

2,900
32,836



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other taxation and social security
2,928
-

Other creditors
622
7,083

Accruals and deferred income
11,798
1,400

15,348
8,483



Page 7