Caseware UK (AP4) 2023.0.135 2023.0.135 2025-01-312025-01-31No description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2024-01-11false1truefalsetrue 15406023 2024-01-10 15406023 2024-01-11 2025-01-31 15406023 2023-01-11 2024-01-10 15406023 2025-01-31 15406023 c:Director1 2024-01-11 2025-01-31 15406023 d:CurrentFinancialInstruments 2025-01-31 15406023 d:CurrentFinancialInstruments d:WithinOneYear 2025-01-31 15406023 d:ShareCapital 2025-01-31 15406023 d:RetainedEarningsAccumulatedLosses 2025-01-31 15406023 c:OrdinaryShareClass1 2024-01-11 2025-01-31 15406023 c:OrdinaryShareClass1 2025-01-31 15406023 c:FRS102 2024-01-11 2025-01-31 15406023 c:AuditExempt-NoAccountantsReport 2024-01-11 2025-01-31 15406023 c:FullAccounts 2024-01-11 2025-01-31 15406023 c:PrivateLimitedCompanyLtd 2024-01-11 2025-01-31 15406023 2 2024-01-11 2025-01-31 15406023 e:PoundSterling 2024-01-11 2025-01-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 15406023









BADASS UNICORN LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 JANUARY 2025

 
BADASS UNICORN LIMITED
REGISTERED NUMBER: 15406023

BALANCE SHEET
AS AT 31 JANUARY 2025

2025
£

  

Current assets
  

Debtors: amounts falling due within one year
  
16,350

Cash at bank and in hand
  
38,295

  
54,645

Creditors: amounts falling due within one year
  
(51,779)

Net current assets
  
 
 
2,866

Total assets less current liabilities
  
2,866

  

Net assets
  
2,866


Capital and reserves
  

Called up share capital 
  
1

Profit and loss account
  
2,865

  
2,866


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 period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her 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 2 June 2025.




Mrs A Ter Haar
Director

The notes on pages 2 to 6 form part of these financial statements.

Page 1

 
BADASS UNICORN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2025

1.


General information

Badass Unicorn Limited is a limited liability company incorporated in England. The registered office is 26 Windermere Road, London, England, W5 4TD and its registered number is 15406023. 

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

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.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.4

Interest income

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

Page 2

 
BADASS UNICORN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2025

2.Accounting policies (continued)

 
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

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.

 
2.7

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.

 
2.8

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.

Page 3

 
BADASS UNICORN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2025

2.Accounting policies (continued)

 
2.9

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 receivables, cash and bank balances, are initially measured at their transaction price including transaction costs 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 receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument 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.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

 
2.10

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.

Page 4

 
BADASS UNICORN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2025

3.


Employees

2025
£

Wages and salaries
10,475

Social security costs
400

10,875


The average monthly number of employees, including directors, during the period was 1.


4.


Debtors

2025
£


Trade debtors
15,300

Other debtors
1,050

16,350



5.


Cash and cash equivalents

2025
£

Cash at bank and in hand
38,295

38,295



6.


Creditors: Amounts falling due within one year

2025
£

Corporation tax
7,771

Other taxation and social security
2,492

Other creditors
40,516

Accruals and deferred income
1,000

51,779


Page 5

 
BADASS UNICORN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2025

7.


Share capital

2025
£
Allotted, called up and fully paid


1 ordinary share of £1.00
1


On incorporation 1 ordinary share of £1.00 each was issued to constitute the initial working capital of the company.

 
Page 6