Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-30falsefalse2023-07-01No description of principal activity44falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09003066 2023-07-01 2024-06-30 09003066 2022-07-01 2023-06-30 09003066 2024-06-30 09003066 2023-06-30 09003066 c:Director1 2023-07-01 2024-06-30 09003066 d:MotorVehicles 2023-07-01 2024-06-30 09003066 d:MotorVehicles 2024-06-30 09003066 d:MotorVehicles 2023-06-30 09003066 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 09003066 d:OfficeEquipment 2023-07-01 2024-06-30 09003066 d:OfficeEquipment 2024-06-30 09003066 d:OfficeEquipment 2023-06-30 09003066 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 09003066 d:ComputerEquipment 2023-07-01 2024-06-30 09003066 d:ComputerEquipment 2024-06-30 09003066 d:ComputerEquipment 2023-06-30 09003066 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 09003066 d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 09003066 d:CurrentFinancialInstruments 2024-06-30 09003066 d:CurrentFinancialInstruments 2023-06-30 09003066 d:Non-currentFinancialInstruments 2024-06-30 09003066 d:Non-currentFinancialInstruments 2023-06-30 09003066 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 09003066 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 09003066 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-30 09003066 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 09003066 d:ShareCapital 2024-06-30 09003066 d:ShareCapital 2023-06-30 09003066 d:RetainedEarningsAccumulatedLosses 2024-06-30 09003066 d:RetainedEarningsAccumulatedLosses 2023-06-30 09003066 c:OrdinaryShareClass2 2023-07-01 2024-06-30 09003066 c:OrdinaryShareClass2 2024-06-30 09003066 c:OrdinaryShareClass2 2023-06-30 09003066 c:OrdinaryShareClass3 2023-07-01 2024-06-30 09003066 c:OrdinaryShareClass3 2024-06-30 09003066 c:OrdinaryShareClass3 2023-06-30 09003066 c:OrdinaryShareClass4 2023-07-01 2024-06-30 09003066 c:OrdinaryShareClass4 2024-06-30 09003066 c:OrdinaryShareClass4 2023-06-30 09003066 c:FRS102 2023-07-01 2024-06-30 09003066 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 09003066 c:FullAccounts 2023-07-01 2024-06-30 09003066 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 09003066 2 2023-07-01 2024-06-30 09003066 6 2023-07-01 2024-06-30 09003066 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 09003066









BETUP MEDIA LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2024

 
BETUP MEDIA LIMITED
REGISTERED NUMBER: 09003066

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
38,615
70,704

Investments
 5 
117,370
117,370

  
155,985
188,074

Current assets
  

Debtors
 6 
114,592
73,411

Cash at bank and in hand
 7 
627,195
438,167

  
741,787
511,578

Creditors: amounts falling due within one year
 8 
(268,856)
(358,245)

Net current assets
  
 
 
472,931
 
 
153,333

Total assets less current liabilities
  
628,916
341,407

Creditors: amounts falling due after more than one year
 9 
(52,313)
(74,315)

  

Net assets
  
576,603
267,092


Capital and reserves
  

Called up share capital 
 10 
100
100

Profit and loss account
  
576,503
266,992

  
576,603
267,092


Page 1

 
BETUP MEDIA LIMITED
REGISTERED NUMBER: 09003066
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024

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 year 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 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 by: 



J S Green
Director

Date: 20 February 2025

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

Page 2

 
BETUP MEDIA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

Betup Media Limited is a private company limited by shares and incorporated in England & Wales (registered number 09003066). The registered office is 101 New Cavendish Street, 1st Floor South, London, England, W1W 6XH.
The principal activity of the company continued to be that of marketing services.

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

Interest income

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

 
2.3

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:

Motor vehicles
-
25%
Straight line
Office equipment
-
25%
Reducing balance
Computer equipment
-
25%
Reducing balance

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 3

 
BETUP MEDIA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of Comprehensive Income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.5

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.

 
2.6

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.

 
2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2023 - 4).

Page 4

 
BETUP MEDIA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

4.


Tangible fixed assets





Motor vehicles
Office equipment
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 July 2023
96,384
27,313
59,190
182,887


Additions
-
2,000
-
2,000



At 30 June 2024

96,384
29,313
59,190
184,887



Depreciation


At 1 July 2023
64,257
17,877
30,049
112,183


Charge for the year on owned assets
24,095
2,709
7,285
34,089



At 30 June 2024

88,352
20,586
37,334
146,272



Net book value



At 30 June 2024
8,032
8,727
21,856
38,615



At 30 June 2023
32,127
9,436
29,141
70,704


5.


Fixed asset investments





Unlisted investments

£



Cost or valuation


At 1 July 2023
117,370



At 30 June 2024
117,370




Page 5

 
BETUP MEDIA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

6.


Debtors


2024
2023
£
£



Trade debtors
63,975
-

Amounts owed by group undertakings
30,000
73,411

Other debtors
19,558
-

Prepayments and accrued income
1,059
-

114,592
73,411



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
627,195
438,167

627,195
438,167



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
10,000
10,000

Trade creditors
8,021
-

Intercompany - Betup Holdco Ltd
1,715
-

Corporation tax
156,935
92,839

Other taxation and social security
3,950
1,805

Obligations under finance lease and hire purchase contracts
12,000
12,000

Other creditors
73,235
238,601

Accruals and deferred income
3,000
3,000

268,856
358,245


Page 6

 
BETUP MEDIA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
8,146
18,146

Net obligations under finance leases and hire purchase contracts
44,167
56,169

52,313
74,315



10.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



45 (2023 - 45) Ordinary - A shares of £1.00 each
45
45
50 (2023 - 50) Ordinary- B shares of £1.00 each
50
50
5 (2023 - 5) Ordinary- C shares of £1.00 each
5
5

100

100


 
Page 7