Caseware UK (AP4) 2024.0.164 2024.0.164 2024-06-302024-06-302023-07-01falseNo description of principal activity42truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11395377 2023-07-01 2024-06-30 11395377 2022-07-01 2023-06-30 11395377 2024-06-30 11395377 2023-06-30 11395377 2022-07-01 11395377 c:Director2 2023-07-01 2024-06-30 11395377 d:CurrentFinancialInstruments 2024-06-30 11395377 d:CurrentFinancialInstruments 2023-06-30 11395377 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 11395377 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 11395377 d:ShareCapital 2023-07-01 2024-06-30 11395377 d:ShareCapital 2024-06-30 11395377 d:ShareCapital 2022-07-01 2023-06-30 11395377 d:ShareCapital 2023-06-30 11395377 d:ShareCapital 2022-07-01 11395377 d:SharePremium 2023-07-01 2024-06-30 11395377 d:SharePremium 2024-06-30 11395377 d:SharePremium 2022-07-01 2023-06-30 11395377 d:SharePremium 2023-06-30 11395377 d:SharePremium 2022-07-01 11395377 d:RetainedEarningsAccumulatedLosses 2023-07-01 2024-06-30 11395377 d:RetainedEarningsAccumulatedLosses 2024-06-30 11395377 d:RetainedEarningsAccumulatedLosses 2022-07-01 2023-06-30 11395377 d:RetainedEarningsAccumulatedLosses 2023-06-30 11395377 d:RetainedEarningsAccumulatedLosses 2022-07-01 11395377 c:OrdinaryShareClass1 2023-07-01 2024-06-30 11395377 c:OrdinaryShareClass1 2024-06-30 11395377 c:OrdinaryShareClass1 2023-06-30 11395377 c:OrdinaryShareClass2 2023-07-01 2024-06-30 11395377 c:OrdinaryShareClass2 2024-06-30 11395377 c:OrdinaryShareClass3 2023-07-01 2024-06-30 11395377 c:OrdinaryShareClass3 2024-06-30 11395377 c:OrdinaryShareClass4 2023-07-01 2024-06-30 11395377 c:OrdinaryShareClass4 2024-06-30 11395377 c:FRS102 2023-07-01 2024-06-30 11395377 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 11395377 c:FullAccounts 2023-07-01 2024-06-30 11395377 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 11395377 2 2023-07-01 2024-06-30 11395377 6 2023-07-01 2024-06-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 11395377










POPSURE LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

 
POPSURE LIMITED
REGISTERED NUMBER: 11395377

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

As restated
2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
44,781
44,781

  
44,781
44,781

Current assets
  

Debtors: amounts falling due within one year
 5 
8,101,967
3,821,419

  
8,101,967
3,821,419

Creditors: amounts falling due within one year
 6 
(7,133)
(2,500)

Net current assets
  
 
 
8,094,834
 
 
3,818,919

Total assets less current liabilities
  
8,139,615
3,863,700

  

Net assets
  
8,139,615
3,863,700


Capital and reserves
  

Called up share capital 
 7 
136
114

Share premium account
  
8,096,052
3,849,759

Profit and loss account
  
43,427
13,827

  
8,139,615
3,863,700


Page 1

 
POPSURE LIMITED
REGISTERED NUMBER: 11395377
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 2024

The directors consider 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 directors acknowledge their 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 1 August 2025.


R U Schumacher
Director

The notes on pages 4 to 6 form part of these financial statements.

Page 2

 
POPSURE LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 JUNE 2024


Called up share capital
Share premium account
Profit and loss account
Total equity

£
£
£
£


At 1 July 2022
114
3,809,760
(1,501)
3,808,373


Comprehensive income for the year

Profit for the year

-
-
15,328
15,328


Contributions by and distributions to owners

Shares issued during the year
-
39,999
-
39,999



At 1 July 2023
114
3,849,759
13,827
3,863,700


Comprehensive income for the year

Profit for the year

-
-
29,600
29,600


Contributions by and distributions to owners

Shares issued during the year
22
4,246,293
-
4,246,315


At 30 June 2024
136
8,096,052
43,427
8,139,615


The notes on pages 4 to 6 form part of these financial statements.

Page 3

 
POPSURE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

Popsure Limited is a private limited company incorporated and domiciled in England and Wales, registered number 11395377. The registered and trading address is 5th Floor 10 Finsbury Square, London, United Kingdom, EC2A 1AF. 
The principal activity of the company is information technology consultants. 
The functional and presentational currency is £ GBP. 

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

During the year ended 30 June 2024 the Company made a profit of £29,600 (2023: £15,328) and has net assets of £8,791,753 (2023: £3,863,700) as at that date. The financial statements have been prepared on a going concern basis, the applicability of which is dependent on the continuous financial support from the Group entity. The directors have reviewed the Company's liabilities over the next 12 months and consider the business to be a going concern. 

 
2.3

Interest income

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

 
2.4

Valuation of investments

Investments in subsidiaries are measured at historic cost. 

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.6

Creditors

Short-term creditors are measured at the transaction price.

 
2.7

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2023 - 2).

Page 4

 
POPSURE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 July 2023
44,781



At 30 June 2024
44,781





5.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
8,101,967
3,821,419

8,101,967
3,821,419



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
4,633
-

Accruals
2,500
2,500

7,133
2,500


Page 5

 
POPSURE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



7,366,548 (2023 - 11,411,000) Ordinary shares of £0.00001 each
74
114
1,000,000 (2023 - Nil) EF Seed shares of £0.00001 each
10
-
2,788,688 (2023 - Nil) Seed preferred shares of £0.00001 each
28
-
2,352,833 (2023 - Nil) Series A shares of £0.00001 each
24
-

136

114

During the year 2,097,513 Series A shares were issued with a nominal value of £0.00001 per share, for a total consideration of £4,246,315.
On 5 September 2023 3,788,688 Ordinary shares were redesignated to 2,788,688 Seed Preferred shares and 1,000,000 EF Seed shares. On 6 October 2023 255,320 Ordinary shares were redesignated to 255,320 Series A shares. 
The total share premium received over the nominal value of the shares issued less issue costs have been transferred to the share premium account. 



8.


Related party transactions

As permitted by FRS102 paragraphs 1.12e and 33.1a, the company has taken advantage of the exemption from disclosing the transactions entered into between two or more members of a group as all subsidiary undertakings are wholly-owned by a member of that group.

Page 6