Caseware UK (AP4) 2023.0.135 2023.0.135 2024-09-302024-09-3012023-10-01falseNo description of principal activity1truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 06690121 2023-10-01 2024-09-30 06690121 2022-10-01 2023-09-30 06690121 2024-09-30 06690121 2023-09-30 06690121 c:Director1 2023-10-01 2024-09-30 06690121 d:OfficeEquipment 2023-10-01 2024-09-30 06690121 d:OfficeEquipment 2024-09-30 06690121 d:OfficeEquipment 2023-09-30 06690121 d:ComputerEquipment 2023-10-01 2024-09-30 06690121 d:CurrentFinancialInstruments 2024-09-30 06690121 d:CurrentFinancialInstruments 2023-09-30 06690121 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 06690121 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 06690121 d:ShareCapital 2024-09-30 06690121 d:ShareCapital 2023-09-30 06690121 d:RetainedEarningsAccumulatedLosses 2024-09-30 06690121 d:RetainedEarningsAccumulatedLosses 2023-09-30 06690121 c:OrdinaryShareClass1 2023-10-01 2024-09-30 06690121 c:OrdinaryShareClass1 2024-09-30 06690121 c:OrdinaryShareClass1 2023-09-30 06690121 c:FRS102 2023-10-01 2024-09-30 06690121 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 06690121 c:FullAccounts 2023-10-01 2024-09-30 06690121 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 06690121 e:PoundSterling 2023-10-01 2024-09-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 06690121










WOP COM LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
WOP COM LTD
REGISTERED NUMBER: 06690121

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
-
453

  
-
453

Current assets
  

Debtors: amounts falling due within one year
 5 
2,103
4,845

Cash at bank and in hand
  
91
8,136

  
2,194
12,981

Current liabilities
  

Creditors: amounts falling due within one year
 6 
(11,765)
(13,399)

Net current liabilities
  
 
 
(9,571)
 
 
(418)

Total assets less current liabilities
  
(9,571)
35

  

Net (liabilities)/assets
  
(9,571)
35


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
(9,671)
(65)

  
(9,571)
35


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 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 by: 



W O Preston
Director
Date: 4 March 2025

The notes on pages 3 to 6 form part of these financial statements.
Page 1

 
WOP COM LTD
REGISTERED NUMBER: 06690121

BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2024


Page 2

 
WOP COM LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

WOP COM Limited is a limited liability company incorporated in England and Wales. The address of its registered office is 2 Communications Road, Greenham Business Park, Greenham, Newbury, Berkshire, RG19 6AB.

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 Director attempted to source ongoing revenue streams, but due to a change in industry structure it proved unsuccessful and the company will be dissolved after the year end.

 
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 for services during the year, excluding discounts, rebates, value added tax and other sales taxes.

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.5

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.


 
2.6

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.

Page 3

 
WOP COM LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)


2.6
Tangible fixed assets (continued)

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
-
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.

 
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 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.

 
2.9

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.

 
2.10

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

Page 4

 
WOP COM LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.11

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 1 (2023 - 1).


4.


Tangible fixed assets





Computer equipment

£





At 1 October 2023
5,573


Disposals
(5,573)



At 30 September 2024

-





At 1 October 2023
5,120


Disposals
(5,120)



At 30 September 2024

-



Net book value



At 30 September 2024
-



At 30 September 2023
453


5.


Debtors

2024
2023
£
£


Trade debtors
-
4,845

Other debtors
2,103
-


Page 5

 
WOP COM LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

6.


Creditors: amounts falling due within one year

2024
2023
£
£

Corporation tax
-
7,893

Other taxation and social security
1,044
2,416

Other creditors
5,654
711

Accruals and deferred income
5,067
2,379

11,765
13,399



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
100
100



8.


Related party transactions

Included within other creditors is an amount owed to the director of £5,654 (2023: £711).


Page 6