Caseware UK (AP4) 2024.0.164 2024.0.164 2024-06-302024-06-30truefalse2023-07-0135falseNo description of principal activityfalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11577396 2023-07-01 2024-06-30 11577396 2022-10-01 2023-06-30 11577396 2024-06-30 11577396 2023-06-30 11577396 c:Director1 2023-07-01 2024-06-30 11577396 d:OfficeEquipment 2023-07-01 2024-06-30 11577396 d:CurrentFinancialInstruments 2024-06-30 11577396 d:CurrentFinancialInstruments 2023-06-30 11577396 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 11577396 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 11577396 d:ShareCapital 2024-06-30 11577396 d:ShareCapital 2023-06-30 11577396 d:RetainedEarningsAccumulatedLosses 2024-06-30 11577396 d:RetainedEarningsAccumulatedLosses 2023-06-30 11577396 c:OrdinaryShareClass1 2023-07-01 2024-06-30 11577396 c:FRS102 2023-07-01 2024-06-30 11577396 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 11577396 c:FullAccounts 2023-07-01 2024-06-30 11577396 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 11577396 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure

Registered number: 11577396









SOPRANO DESIGN (UK) LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

 
SOPRANO DESIGN (UK) LIMITED
REGISTERED NUMBER: 11577396

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
172,464
103,353

  
172,464
103,353

Creditors: amounts falling due within one year
 5 
(86,955)
(51,135)

Net current assets
  
 
 
85,509
 
 
52,218

Total assets less current liabilities
  
85,509
52,218

  

Net assets
  
85,509
52,218


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
85,409
52,118

  
85,509
52,218


Page 1

 
SOPRANO DESIGN (UK) LIMITED
REGISTERED NUMBER: 11577396
    
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 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 21 March 2025.




R F Favero
Director

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

Page 2

 
SOPRANO DESIGN (UK) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

Soprano Design (UK) Limited is a United Kingdom Company limited by shares. It is both incorporated and domiciled in England and Wales. The address of its registered office is 7 The Close, Norwich, Norfolk, NR1 4DJ.
The company's principal activity is that of wireless telecommunications 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

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

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.

 
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. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
SOPRANO DESIGN (UK) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.4

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.

 
2.5

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.

 
2.6

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 balance sheet date in the countries where the Company operates and generates income.


 
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:

Office 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.

Page 4

 
SOPRANO DESIGN (UK) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.8

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.

 
2.9

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.


3.


Employees

2024
2023
£
£

Wages and salaries
358,383
150,743

Social security costs
52,637
15,288

Cost of defined contribution scheme
28,421
20,052

439,441
186,083


The average monthly number of employees, including directors, during the year was 5 (2023 - 3).


4.


Debtors

2024
2023
£
£


Other debtors
172,464
103,353

172,464
103,353



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other taxation and social security
12,898
12,525

Other creditors
57,045
33,578

Accruals and deferred income
17,012
5,032

86,955
51,135


Page 5

 
SOPRANO DESIGN (UK) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

6.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



Enter number 100 Ordinary shares of £1.00 each
100
100



7.


Controlling party

The Company's ultimate parent Company and controlling party is Soprano Design Limited, a Company incorporated in Australia.

 
Page 6