Caseware UK (AP4) 2024.0.164 2024.0.164 2023-12-312023-12-312025-05-142023-01-01falseNo description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 07057133 2023-01-01 2023-12-31 07057133 2022-01-01 2022-12-31 07057133 2023-12-31 07057133 2022-12-31 07057133 c:Director1 2023-01-01 2023-12-31 07057133 d:CopyrightsPatentsTrademarksServiceOperatingRights 2023-12-31 07057133 d:CopyrightsPatentsTrademarksServiceOperatingRights 2022-12-31 07057133 d:CurrentFinancialInstruments 2023-12-31 07057133 d:CurrentFinancialInstruments 2022-12-31 07057133 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 07057133 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 07057133 d:ShareCapital 2023-12-31 07057133 d:ShareCapital 2022-12-31 07057133 d:RetainedEarningsAccumulatedLosses 2023-12-31 07057133 d:RetainedEarningsAccumulatedLosses 2022-12-31 07057133 c:FRS102 2023-01-01 2023-12-31 07057133 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 07057133 c:FullAccounts 2023-01-01 2023-12-31 07057133 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 07057133 d:CopyrightsPatentsTrademarksServiceOperatingRights d:ExternallyAcquiredIntangibleAssets 2023-01-01 2023-12-31 07057133 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 07057133









GREY JUICE LAB LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
GREY JUICE LAB LIMITED
REGISTERED NUMBER: 07057133

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Intangible assets
 4 
156,662
48,758

  
156,662
48,758

Current assets
  

Debtors: amounts falling due within one year
 5 
1,233,971
981,891

Cash at bank and in hand
  
23,906
155,204

  
1,257,877
1,137,095

Creditors: amounts falling due within one year
 6 
(1,778,516)
(1,067,217)

Net current (liabilities)/assets
  
 
 
(520,639)
 
 
69,878

Total assets less current liabilities
  
(363,977)
118,636

  

Net (liabilities)/assets
  
(363,977)
118,636


Capital and reserves
  

Called up share capital 
  
20,000
20,000

Profit and loss account
  
(383,977)
98,636

  
(363,977)
118,636


Page 1

 
GREY JUICE LAB LIMITED
REGISTERED NUMBER: 07057133
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2023

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: 




M Crasneanu
Director

Date: 14 May 2025

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
GREY JUICE LAB LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Grey Juice Lab Limited is a private company limited by shares and incorporated in England and Wales. The registered office is Fifth Floor, 27 Greville Street, London, EC1N 8TN

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

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

Rendering of services

Turnover 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 turnover 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.

 
2.3

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

Page 3

 
GREY JUICE LAB LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.4

Foreign currency translation

Functional and presentation currency

The company's functional currency is USD. This differs from the presentational currency which is GBP. The reason for the difference is because the company's management present their internal financial reporting in 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.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Intangible assets




Crypto currency

£



Cost


At 1 January 2023
48,758


Additions
107,904



At 31 December 2023

156,662






Net book value



At 31 December 2023
156,662



At 31 December 2022
48,758



Page 4

 
GREY JUICE LAB LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.


Debtors

2023
2022
£
£


Trade debtors
13,613
-

Amounts owed by group undertakings
832,022
603,998

Other debtors
367,036
356,596

Prepayments and accrued income
257
254

Tax recoverable
21,043
21,043

1,233,971
981,891



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
971,885
439,669

Amounts owed to group undertakings
6,227
6,227

Other taxation and social security
-
3,302

Accruals and deferred income
800,404
618,019

1,778,516
1,067,217



7.


Related party transactions

The company is a wholly owned subsidiary of Grey Juice Lab S.A.R.L and has taken advantage of the exemption conferred by Financial Reporting Standard 102, Section 33, not to disclose transactions with Grey Juice Lab SAS and other wholly-owned group companies.


8.


Ultimate parent undertaking and controlling party

The immediate and ultimate parent company is Grey Juice Lab S.A.R.L, a company registered in Luxembourg, by virtue of their 100% shareholding. 

 
Page 5