7 6 Supadupa Me Limited 07859186 false 2023-12-31 2024-12-30 2024-12-30 The principal activity of the company is data processing, hoting and related activites Digita Accounts Production Advanced 6.30.9574.0 true true 07859186 2023-12-31 2024-12-30 07859186 2024-12-30 07859186 core:CurrentFinancialInstruments 2024-12-30 07859186 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-30 07859186 core:Non-currentFinancialInstruments 2024-12-30 07859186 core:Non-currentFinancialInstruments core:AfterOneYear 2024-12-30 07859186 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-12-30 07859186 core:OfficeEquipment 2024-12-30 07859186 core:PlantMachinery 2024-12-30 07859186 bus:SmallEntities 2023-12-31 2024-12-30 07859186 bus:AuditExemptWithAccountantsReport 2023-12-31 2024-12-30 07859186 bus:FilletedAccounts 2023-12-31 2024-12-30 07859186 bus:SmallCompaniesRegimeForAccounts 2023-12-31 2024-12-30 07859186 bus:RegisteredOffice 2023-12-31 2024-12-30 07859186 bus:Director1 2023-12-31 2024-12-30 07859186 bus:Director2 2023-12-31 2024-12-30 07859186 bus:Director4 2023-12-31 2024-12-30 07859186 bus:Director5 2023-12-31 2024-12-30 07859186 bus:PrivateLimitedCompanyLtd 2023-12-31 2024-12-30 07859186 bus:Agent1 2023-12-31 2024-12-30 07859186 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-31 2024-12-30 07859186 core:FurnitureFittingsToolsEquipment 2023-12-31 2024-12-30 07859186 core:OfficeEquipment 2023-12-31 2024-12-30 07859186 core:OtherPropertyPlantEquipment 2023-12-31 2024-12-30 07859186 core:PlantMachinery 2023-12-31 2024-12-30 07859186 countries:AllCountries 2023-12-31 2024-12-30 07859186 2023-12-30 07859186 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-30 07859186 core:OfficeEquipment 2023-12-30 07859186 core:PlantMachinery 2023-12-30 07859186 2022-12-31 2023-12-30 07859186 2023-12-30 07859186 core:CurrentFinancialInstruments 2023-12-30 07859186 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-30 07859186 core:Non-currentFinancialInstruments 2023-12-30 07859186 core:Non-currentFinancialInstruments core:AfterOneYear 2023-12-30 07859186 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-30 07859186 core:OfficeEquipment 2023-12-30 07859186 core:PlantMachinery 2023-12-30 xbrli:pure iso4217:GBP

Registration number: 07859186

Supadupa Me Limited
Annual Report and Unaudited Financial Statements
for the Year Ended 30 December 2024

Supadupa Me Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 9

Supadupa Me Limited

Company Information

Directors | Mr G Schragger Mr A A M Adeleye Mrs F Margelli-Schragger Mr A Scurlock

Registered office | 10 Malton Road London W10 5UP

Accountants | Rotherham Taylor Limited Chartered Accountants21 Navigation Business Village Navigation Way Ashton-on-Ribble Preston PR2 2YP

Supadupa Me Limited

(Registration number: 07859186)
Balance Sheet as at 30 December 2024

| Note | 2024 £ | 2023 £
Fixed assets |  |  |
Intangible assets | 4 | 901,138 | 1,080,921
Tangible assets | 5 | 4,273 | 10,125
|  | 905,411 | 1,091,046
Current assets |  |  |
Debtors | 6 | 11,363 | 14,263
Cash at bank and in hand |  | 126,452 | 210,345
|  | 137,815 | 224,608
Creditors: Amounts falling due within one year | 8 | (224,249) | (156,081)
Net current (liabilities)/assets |  | (86,434) | 68,527
Total assets less current liabilities |  | 818,977 | 1,159,573
Creditors: Amounts falling due after more than one year | 8 | (8,645) | (15,834)
Net assets |  | 810,332 | 1,143,739
Capital and reserves |  |  |
Called up share capital |  | 131,406 | 131,406
Share premium reserve |  | 3,330,692 | 3,330,692
Retained earnings |  | (2,651,766) | (2,318,359)
Shareholders' funds |  | 810,332 | 1,143,739

For the financial year ending 30 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 7 August 2025 and signed on its behalf by:

Supadupa Me Limited

(Registration number: 07859186)
Balance Sheet as at 30 December 2024

......................................... Mr G Schragger Director |  |

Supadupa Me Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 December 2024

1 | General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
10 Malton Road
London
W10 5UP

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when, 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.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Supadupa Me Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 December 2024

Tax

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and machinery | 25% reducing balance
Office equipment | 50% straight line

Development expenditure

In the research phase of a project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Development expenditure | 10% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Supadupa Me Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 December 2024

Creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

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.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.
Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 7 (2023 - 6).

Supadupa Me Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 December 2024

4 | Intangible assets

| Development expenditure £ | Total £
Cost or valuation
At 31 December 2023 | 1,797,832 | 1,797,832
At 30 December 2024 | 1,797,832 | 1,797,832
Amortisation
At 31 December 2023 | 716,911 | 716,911
Amortisation charge | 179,783 | 179,783
At 30 December 2024 | 896,694 | 896,694
Carrying amount
At 30 December 2024 | 901,138 | 901,138
At 30 December 2023 | 1,080,921 | 1,080,921

Supadupa Me Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 December 2024

5 | Tangible assets

| Plant and machinery £ | Office equipment £ | Total £
Cost or valuation
At 31 December 2023 | 625 | 34,041 | 34,666
Additions | - | 8,162 | 8,162
Disposals | - | (34,041) | (34,041)
At 30 December 2024 | 625 | 8,162 | 8,787
Depreciation
At 31 December 2023 | 369 | 24,172 | 24,541
Charge for the year | 64 | 4,081 | 4,145
Eliminated on disposal | - | (24,172) | (24,172)
At 30 December 2024 | 433 | 4,081 | 4,514
Carrying amount
At 30 December 2024 | 192 | 4,081 | 4,273
At 30 December 2023 | 256 | 9,869 | 10,125

6 | Debtors

Current | 2024 £ | 2023 £
Trade debtors | 10,094 | 7,653
Prepayments | 1,269 | 1,619
Other debtors | - | 4,991
| 11,363 | 14,263

7 | Taxation

A deferred tax asset of £495,363 (2023: £350,064) has not been recognised due to the uncertainty over the timing of future trading profits.

Supadupa Me Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 December 2024

8 | Creditors

Creditors: amounts falling due within one year

| Note | 2024 £ | 2023 £
Due within one year |  |  |
Loans and borrowings | 9 | 166,173 | 36,483
Trade creditors |  | 8,263 | 32,053
Taxation and social security |  | 38,621 | 51,162
Other creditors |  | 11,192 | 36,383
|  | 224,249 | 156,081
Due after one year |  |  |
Loans and borrowings | 9 | 8,645 | 15,834

Creditors: amounts falling due after more than one year

9 | Loans and borrowings

Non-current loans and borrowings

| 2024 £ | 2023 £
Bank borrowings | 5,834 | 15,834
Other borrowings | 2,811 | -
| 8,645 | 15,834

| 2024 £ | 2023 £
Current loans and borrowings
Bank borrowings | 10,000 | 10,000
Directors' loan accounts | 156,173 | 26,483
| 166,173 | 36,483

The directors' loan accounts are non-interest bearing and repayable on demand.