Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31true1The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false2022-12-14falsetrue 14540715 2022-12-13 14540715 2022-12-14 2023-12-31 14540715 2021-12-14 2022-12-13 14540715 2023-12-31 14540715 c:Director1 2022-12-14 2023-12-31 14540715 d:ComputerEquipment 2022-12-14 2023-12-31 14540715 d:ComputerEquipment 2023-12-31 14540715 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-12-14 2023-12-31 14540715 d:CurrentFinancialInstruments 2023-12-31 14540715 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 14540715 d:ShareCapital 2023-12-31 14540715 d:RetainedEarningsAccumulatedLosses 2023-12-31 14540715 c:OrdinaryShareClass1 2022-12-14 2023-12-31 14540715 c:OrdinaryShareClass1 2023-12-31 14540715 c:FRS102 2022-12-14 2023-12-31 14540715 c:AuditExempt-NoAccountantsReport 2022-12-14 2023-12-31 14540715 c:FullAccounts 2022-12-14 2023-12-31 14540715 c:PrivateLimitedCompanyLtd 2022-12-14 2023-12-31 14540715 2 2022-12-14 2023-12-31 14540715 e:PoundSterling 2022-12-14 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 14540715














SORRY EVERYONE LTD

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2023

 
SORRY EVERYONE LTD
REGISTERED NUMBER:14540715

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
Note
£

Fixed assets
  

Tangible assets
 4 
3,491

  
3,491

Current assets
  

Debtors: amounts falling due within one year
 5 
140,843

Cash at bank and in hand
 6 
121,132

  
261,975

Creditors: amounts falling due within one year
 7 
(355,092)

Net current liabilities
  
 
 
(93,117)

Total assets less current liabilities
  
(89,626)

  

Net liabilities
  
(89,626)


Capital and reserves
  

Called up share capital 
 8 
1

Profit and loss account
  
(89,627)

  
(89,626)


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 period 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 20 December 2024.




I J Simons
Director

The notes on  form part of these financial statements.


 
SORRY EVERYONE LTD

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

1.


General information

Sorry Everyone Ltd is a private company, limited by shares, registered in England and Wales, registration number 14540715. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.
 
The company was incorporated on 14 December 2022 and commenced trading on the same date.
 
The principal activity of the company is that of video production. 

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.

  
2.2

Going concern

The director has reviewed the financial circumstances of the company and confirms that it continues to receive support from its director. The director is satisfied that the company will be able to satisfy its financial obligations for at least 12 months from the date of signature of the financial statements, which have been prepared on the going concern basis.

 
2.3

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is pound sterling.

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 that relate to borrowings and cash and cash equivalents are presented in the profit and loss account within 'administrative expenses'. All other foreign exchange gains and losses are presented in profit or loss.


 
SORRY EVERYONE LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.4

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Turnover from the video production is recognised when it is probable the company will receive the right to the consideration due under the contract.
Merchandise income is recognised when the significant risks and rewards of ownership have been transferred to the buyer.
Recharged income is recognised when the corresponding expenses have been incurred on behalf of other entities.

 
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, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment
-
20%
straight-line

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.

 
2.7

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.

 
2.8

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.9

 Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


 
SORRY EVERYONE LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

  
2.10

 Financial instruments

The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors, trade and other creditors and loans with related party.


3.


Employees

The average monthly number of employees, including the director, during the period was 1.


4.


Tangible fixed assets





Computer equipment

£



Cost


Additions
4,364



At 31 December 2023

4,364



Depreciation


Charge for the period
873



At 31 December 2023

873



Net book value



At 31 December 2023
3,491


5.


Debtors

2023
£


Trade debtors
135,271

Amounts owed by connected entities
1

Other debtors
1,610

Prepayments and accrued income
3,961

140,843



6.


Cash

2023
£

Cash at bank
121,132



 
SORRY EVERYONE LTD

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

7.


Creditors: amounts falling due within one year

2023
£

Trade creditors
1,771

Amounts owed to connected entities
278,075

Accruals
75,246

355,092



8.


Share capital

2023
£
Allotted, called up and fully paid


1 Ordinary share of £1.00
1


On incorporation, 1 Ordinary share was issued at nominal value of £1.00.


9.


Related party transactions

No disclosure has been made of transactions with other wholly owned group companies in accordance with FRS 102 section 1A paragraph 1AC.35, as the company is itself a wholly owned subsidiary of Big Huge Money Ltd.
 
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