Caseware UK (AP4) 2024.0.164 2024.0.164 2024-03-312024-03-312023-04-01false123Doc is a medical publisher and education provider11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 03905100 2023-04-01 2024-03-31 03905100 2022-04-01 2023-03-31 03905100 2024-03-31 03905100 2023-03-31 03905100 c:Director1 2023-04-01 2024-03-31 03905100 c:RegisteredOffice 2023-04-01 2024-03-31 03905100 d:FurnitureFittings 2024-03-31 03905100 d:FurnitureFittings 2023-03-31 03905100 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 03905100 d:ComputerEquipment 2023-04-01 2024-03-31 03905100 d:OtherPropertyPlantEquipment 2023-04-01 2024-03-31 03905100 d:OtherPropertyPlantEquipment 2024-03-31 03905100 d:OtherPropertyPlantEquipment 2023-03-31 03905100 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 03905100 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 03905100 d:PatentsTrademarksLicencesConcessionsSimilar 2023-04-01 2024-03-31 03905100 d:PatentsTrademarksLicencesConcessionsSimilar 2024-03-31 03905100 d:PatentsTrademarksLicencesConcessionsSimilar 2023-03-31 03905100 d:CurrentFinancialInstruments 2024-03-31 03905100 d:CurrentFinancialInstruments 2023-03-31 03905100 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 03905100 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 03905100 d:ShareCapital 2024-03-31 03905100 d:ShareCapital 2023-03-31 03905100 d:SharePremium 2024-03-31 03905100 d:SharePremium 2023-03-31 03905100 d:RetainedEarningsAccumulatedLosses 2024-03-31 03905100 d:RetainedEarningsAccumulatedLosses 2023-03-31 03905100 c:OrdinaryShareClass1 2023-04-01 2024-03-31 03905100 c:OrdinaryShareClass1 2024-03-31 03905100 c:OrdinaryShareClass1 2023-03-31 03905100 c:FRS102 2023-04-01 2024-03-31 03905100 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 03905100 c:FullAccounts 2023-04-01 2024-03-31 03905100 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 03905100 d:PatentsTrademarksLicencesConcessionsSimilar d:OwnedIntangibleAssets 2023-04-01 2024-03-31 03905100 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 03905100









123DOC LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
123DOC LIMITED
 
 
COMPANY INFORMATION


Director
Sabine Guerry 




Registered number
03905100



Registered office
64 Pine Gardens

London

HA4 9TJ





 
123DOC LIMITED
 

CONTENTS



Page
Balance Sheet
1 - 2
Notes to the Financial Statements
3 - 7


 
123DOC LIMITED
REGISTERED NUMBER: 03905100

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
15,139
17,918

Tangible assets
 5 
-
70,142

  
15,139
88,060

Current assets
  

Debtors: amounts falling due within one year
 6 
628,340
675,265

Cash at bank and in hand
 7 
28,331
2,077

  
656,671
677,342

Creditors: amounts falling due within one year
 8 
(460,095)
(479,898)

Net current assets
  
 
 
196,576
 
 
197,444

Total assets less current liabilities
  
211,715
285,504

  

Net assets
  
211,715
285,504


Capital and reserves
  

Called up share capital 
 9 
2,524
2,524

Share premium account
  
288,416
288,416

Profit and loss account
  
(79,225)
(5,436)

  
211,715
285,504


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 on 22 June 2025.

Page 1

 
123DOC LIMITED
REGISTERED NUMBER: 03905100
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024




Sabine Guerry
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
123DOC LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

123DOC Limited is a private company, limited by shares incoporated in England and Wales. The Company's registered office and registered number is shown on the Company Information page. 

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:

- the amount of revenue can be reliably measured;
- it is probable that future economic benefits will flow to the entity; and
- specific criteria have been met for each of the company's activities.

 
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.

 Amortisation is provided on the following bases:

Software
-
10%
Straight line basis

 
2.4

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

 
123DOC LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)


2.4
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:

Website development
-
10%
Office equipment
-
33%

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.

 
2.5

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.

 
2.6

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.

 
2.7

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.

  
2.8

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 4

 
123DOC LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Intangible assets




Software

£



Cost


At 1 April 2023
26,960



At 31 March 2024

26,960



Amortisation


At 1 April 2023
9,042


Charge for the year on owned assets
2,779



At 31 March 2024

11,821



Net book value



At 31 March 2024
15,139



At 31 March 2023
17,918



Page 5

 
123DOC LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Tangible fixed assets





Fixtures and fittings
Website costs
Total

£
£
£



Cost or valuation


At 1 April 2023
35,536
632,881
668,417



At 31 March 2024

35,536
632,881
668,417



Depreciation


At 1 April 2023
35,536
562,739
598,275


Charge for the year on owned assets
-
70,142
70,142



At 31 March 2024

35,536
632,881
668,417



Net book value



At 31 March 2024
-
-
-



At 31 March 2023
-
70,142
70,142


6.


Debtors

2024
2023
£
£


Trade debtors
577
-

Amounts owed by related parties
610,403
636,421

Other debtors
17,360
38,844

628,340
675,265



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
28,331
2,077

28,331
2,077


Page 6

 
123DOC LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
460,095
476,648

Accruals and deferred income
-
3,250

460,095
479,898



9.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



252,400 (2023 - 252,400) Ordinary shares of £0.01 each
2,524
2,524



10.


Related party transactions

Summary of transactions with entities with joint control or significant interest
Provision of interest free funding from a company controlled by the director. The funding is repayable on
demand.
Expenditure with and payables to related parties
During the year, the Company charged £26,000 (2023: £78,500) management fees to a related company under common control. As at the year end, the Company is owed £610,403 (2023: £636,421) by the related entity.
As at the year end, the Company owes £460,095 (2023 : £476,648) to key management of the Company.


11.


Controlling party

The ultimate controlling party is Sabine Guerry, director and shareholder of the Company.

 
Page 7