Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-3122The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.No description of principal activity2023-02-01falsetruetruefalse 11482564 2023-02-01 2024-01-31 11482564 2022-02-01 2023-01-31 11482564 2024-01-31 11482564 2023-01-31 11482564 c:Director1 2023-02-01 2024-01-31 11482564 d:CurrentFinancialInstruments 2024-01-31 11482564 d:CurrentFinancialInstruments 2023-01-31 11482564 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 11482564 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 11482564 d:ShareCapital 2024-01-31 11482564 d:ShareCapital 2023-01-31 11482564 d:SharePremium 2024-01-31 11482564 d:SharePremium 2023-01-31 11482564 c:FRS102 2023-02-01 2024-01-31 11482564 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 11482564 c:FullAccounts 2023-02-01 2024-01-31 11482564 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 11482564 e:PoundSterling 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure

Registered number: 11482564









SWIPE LEFT FOR ADDICTION LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

 
SWIPE LEFT FOR ADDICTION LIMITED
REGISTERED NUMBER: 11482564

STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

  

Current assets
  

Stocks
 4 
48,737
39,852

Debtors: amounts falling due within one year
 5 
2,349
-

Cash at bank and in hand
 6 
2,814
17,125

  
53,900
56,977

Creditors: amounts falling due within one year
 7 
(3,400)
(6,477)

Net current assets
  
 
 
50,500
 
 
50,500

Total assets less current liabilities
  
50,500
50,500

  

Net assets
  
50,500
50,500


Capital and reserves
  

Called up share capital 
  
5,500
5,500

Share premium account
  
45,000
45,000

  
50,500
50,500


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 income and retained earnings 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 30 October 2024.



C De Carvalho
Director

Page 1

 
SWIPE LEFT FOR ADDICTION LIMITED
REGISTERED NUMBER: 11482564
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JANUARY 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
SWIPE LEFT FOR ADDICTION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

Swipe Left for Addiction Limited is a private company limited by shares and registered in England & Wales.  The address of its registered office is Suite 3, 38 Stratford Road, London, W8 6QA.

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

Revenue

Revenue comprises distribution revenue receivable and is recognised in the Statement of Income and Retained Earnings in the period it is contractually due.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Taxation

Tax is recognised in the Statement of Income and Retained Earnings. 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.
The Company is eligible to claim a tax credit on film production costs; the tax credit comprises relief based on total net costs and an additional deduction for enhanceable expenditure. The Company claims a payment based on the amount of enhanced expenditure and carries losses arising from total net costs forward against future profits.

 
2.5

Stocks

Stocks comprise film production costs, which are recorded as a current asset. Film production costs are amortised to the Statement of Income and Retained Earnings over the period in which rights to the relevant production are being exploited by the Company.

 
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 on notice of not more than 24 hours.

Page 3

 
SWIPE LEFT FOR ADDICTION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.8

Creditors

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


3.


Employees




The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Stocks

2024
2023
£
£

Production costs
48,737
39,852

48,737
39,852



5.


Debtors

2024
2023
£
£


Other debtors
2,349
-

2,349
-



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
2,814
17,125

2,814
17,125


Page 4

 
SWIPE LEFT FOR ADDICTION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
2,100

Other taxation and social security
-
2,081

Other creditors
-
296

Accruals and deferred income
3,400
2,000

3,400
6,477


Page 5