Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.true2023-06-01falseNo description of principal activity33truefalse 10694688 2023-06-01 2024-05-31 10694688 2024-05-31 10694688 2023-04-01 2023-05-31 10694688 2023-05-31 10694688 2023-04-01 10694688 c:Director1 2023-06-01 2024-05-31 10694688 c:Director2 2023-06-01 2024-05-31 10694688 c:RegisteredOffice 2023-06-01 2024-05-31 10694688 d:ComputerEquipment 2023-06-01 2024-05-31 10694688 d:ComputerEquipment 2024-05-31 10694688 d:ComputerEquipment 2023-05-31 10694688 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 10694688 d:CurrentFinancialInstruments 2024-05-31 10694688 d:CurrentFinancialInstruments 2023-05-31 10694688 d:Non-currentFinancialInstruments 2024-05-31 10694688 d:Non-currentFinancialInstruments 2023-05-31 10694688 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 10694688 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 10694688 d:Non-currentFinancialInstruments d:AfterOneYear 2024-05-31 10694688 d:Non-currentFinancialInstruments d:AfterOneYear 2023-05-31 10694688 d:ShareCapital 2023-06-01 2024-05-31 10694688 d:ShareCapital 2024-05-31 10694688 d:ShareCapital 2023-04-01 2023-05-31 10694688 d:ShareCapital 2023-05-31 10694688 d:ShareCapital 2023-04-01 10694688 d:SharePremium 2023-06-01 2024-05-31 10694688 d:SharePremium 2024-05-31 10694688 d:SharePremium 2023-04-01 2023-05-31 10694688 d:SharePremium 2023-05-31 10694688 d:SharePremium 2023-04-01 10694688 d:RetainedEarningsAccumulatedLosses 2023-06-01 2024-05-31 10694688 d:RetainedEarningsAccumulatedLosses 2024-05-31 10694688 d:RetainedEarningsAccumulatedLosses 2023-04-01 2023-05-31 10694688 d:RetainedEarningsAccumulatedLosses 2023-05-31 10694688 d:RetainedEarningsAccumulatedLosses 2023-04-01 10694688 c:FRS102 2023-06-01 2024-05-31 10694688 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 10694688 c:FullAccounts 2023-06-01 2024-05-31 10694688 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 10694688 e:PoundSterling 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure
Company registration number: 10694688







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MAY 2024


INTELLIGENT SHOPPER LIMITED






































img69b2.png                        

 


INTELLIGENT SHOPPER LIMITED
 


 
COMPANY INFORMATION


Directors
R Harrington 
R Temple 




Registered number
10694688



Registered office
Suite A, 2nd Floor
Midas House

Woking

Surrey

GU21 6LQ




Accountants
Menzies LLP
Chartered Accountants

2nd Floor

Midas House

62 Goldsworth Road

Woking

Surrey

GU21 6LQ





 


INTELLIGENT SHOPPER LIMITED
REGISTERED NUMBER:10694688



STATEMENT OF FINANCIAL POSITION
AS AT 31 MAY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,489
2,681

  
1,489
2,681

Current assets
  

Debtors: amounts falling due within one year
 5 
448,879
72,671

Cash at bank and in hand
  
20,417
18,920

  
469,296
91,591

Creditors: amounts falling due within one year
 6 
(396,815)
(340,049)

Net current assets/(liabilities)
  
 
 
72,481
 
 
(248,458)

Total assets less current liabilities
  
73,970
(245,777)

Creditors: amounts falling due after more than one year
 7 
(10,128)
(18,957)

  

Net assets/(liabilities)
  
63,842
(264,734)


Capital and reserves
  

Called up share capital 
  
4,435
4,367

Share premium account
  
1,381,928
919,201

Profit and loss account
  
(1,322,521)
(1,188,302)

  
63,842
(264,734)


Page 1

 


INTELLIGENT SHOPPER LIMITED
REGISTERED NUMBER:10694688


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MAY 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 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 26 February 2025.




................................................
R Temple
Director

The notes on pages 5 to 7 form part of these financial statements.

Page 2

 


INTELLIGENT SHOPPER LIMITED
 



STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MAY 2024


Called up share capital
Share premium account
Profit and loss account
Total equity

£
£
£
£

At 1 June 2023
4,367
919,201
(1,188,302)
(264,734)


Comprehensive income for the year

Loss for the year
-
-
(134,219)
(134,219)
Total comprehensive income for the year
-
-
(134,219)
(134,219)


Contributions by and distributions to owners

Shares issued during the year
68
462,727
-
462,795


Total transactions with owners
68
462,727
-
462,795


At 31 May 2024
4,435
1,381,928
(1,322,521)
63,842


The notes on pages 5 to 7 form part of these financial statements.

Page 3

 


INTELLIGENT SHOPPER LIMITED
 



STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MAY 2023


Called up share capital
Share premium account
Profit and loss account
Total equity

£
£
£
£

At 1 April 2023
4,367
775,567
(913,040)
(133,106)


Comprehensive income for the period

Loss for the period
-
-
(275,262)
(275,262)
Total comprehensive income for the period
-
-
(275,262)
(275,262)


Contributions by and distributions to owners

Shares issued during the period
-
143,634
-
143,634


Total transactions with owners
-
143,634
-
143,634


At 31 May 2023
4,367
919,201
(1,188,302)
(264,734)


The notes on pages 5 to 7 form part of these financial statements.

Page 4

 


INTELLIGENT SHOPPER LIMITED
 


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

1.


General information

Intelligent Shopper Limited is a private Company limited by shares incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is disclosed on the company information page.
There is no principal place of business.
The company's functional and presentational currency is GBP.

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

The main creditors are directors loans totalling £312,223 (31 May 2023 - £261,155) and the directors have agreed to not seek repayment of these loans until cashflow allows. After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continued to adopt the going concern basis in preparing its financial statements.

 
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.

 
2.4

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.

 
2.5

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.

 
2.6

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 reporting date in the countries where the Company operates and generates income.


Page 5

 


INTELLIGENT SHOPPER LIMITED
 


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

2.Accounting policies (continued)

 
2.7

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
-
33%
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.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2023 - 3).


4.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 1 June 2023
3,575



At 31 May 2024

3,575



Depreciation


At 1 June 2023
894


Charge for the year on owned assets
1,192



At 31 May 2024

2,086



Net book value



At 31 May 2024
1,489



At 31 May 2023
2,681

Page 6

 


INTELLIGENT SHOPPER LIMITED
 


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

5.


Debtors

2024
2023
£
£


Trade debtors
292,605
6,838

Other debtors
156,274
65,833

448,879
72,671



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
9,000
9,000

Other loans
2,617
-

Trade creditors
19,014
48,418

Other taxation and social security
4,954
15,713

Other creditors
312,223
261,155

Accruals and deferred income
49,007
5,763

396,815
340,049



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
10,128
18,957

10,128
18,957



8.


Related party transactions

At the period end the directors are owed £312,223 by the company (31 May 2023 £261,155). No interest is paid on this loan.

 
Page 7