Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-31 2024-12-31 true 1 2024-01-01 false The principal activity of the company continued to be that of personal trading for the recording artist Arlo Parks 1 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12013311 2024-01-01 2024-12-31 12013311 2023-06-01 2023-12-31 12013311 2024-12-31 12013311 2023-12-31 12013311 c:Director1 2024-01-01 2024-12-31 12013311 d:OfficeEquipment 2024-01-01 2024-12-31 12013311 d:OfficeEquipment 2024-12-31 12013311 d:OfficeEquipment 2023-12-31 12013311 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 12013311 d:CurrentFinancialInstruments 2024-12-31 12013311 d:CurrentFinancialInstruments 2023-12-31 12013311 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 12013311 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 12013311 d:ShareCapital 2024-12-31 12013311 d:ShareCapital 2023-12-31 12013311 d:RetainedEarningsAccumulatedLosses 2024-12-31 12013311 d:RetainedEarningsAccumulatedLosses 2023-12-31 12013311 d:AcceleratedTaxDepreciationDeferredTax 2024-12-31 12013311 d:AcceleratedTaxDepreciationDeferredTax 2023-12-31 12013311 c:OrdinaryShareClass1 2024-01-01 2024-12-31 12013311 c:OrdinaryShareClass1 2024-12-31 12013311 c:OrdinaryShareClass1 2023-12-31 12013311 c:FRS102 2024-01-01 2024-12-31 12013311 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 12013311 c:FullAccounts 2024-01-01 2024-12-31 12013311 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 12013311 2 2024-01-01 2024-12-31 12013311 e:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 12013311 MOLOCH LTD UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
MOLOCH LTD REGISTERED NUMBER:12013311
BALANCE SHEET AS AT 31 DECEMBER 2024
|  |  |  | As restated
|  | 2024 |  | 2023
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 11,095 |  | 11,881
|  |  | 11,095 |  | 11,881
Current assets |  |  |  |  |
Stocks | 5 | 88,389 |  | 87,400 |
Debtors: amounts falling due within one year | 6 | 157,652 |  | 632,433 |
Cash at bank and in hand | 7 | 1,348,238 |  | 74,150 |
|  | 1,594,279 |  | 793,983 |
Creditors: amounts falling due within one year | 8 | (1,061,684) |  | (803,760) |
Net current assets/(liabilities) |  |  | 532,595 |  | (9,777)
Total assets less current liabilities |  |  | 543,690 |  | 2,104
Provisions for liabilities |  |  |  |  |
Deferred tax | 9 | (2,377) |  | - |
|  |  | (2,377) |  | -
Net assets |  |  | 541,313 |  | 2,104
Capital and reserves |  |  |  |  |
Called up share capital | 10 |  | 1 |  | 1
Profit and loss account |  |  | 541,312 |  | 2,103
|  |  | 541,313 |  | 2,104
Page 1
MOLOCH LTD REGISTERED NUMBER:12013311
BALANCE SHEET (CONTINUED) AS AT 31 DECEMBER 2024 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 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 profit and loss account 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:
A O E Marinho
Director
Date: 18 November 2025
The notes on pages 3 to 8 form part of these financial statements. Page 2
MOLOCH LTD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
1. | General information
Moloch Ltd is a private company, limited by shares, registered in England and Wales, registration number 12013311. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE. The principal activity of the company continued to be that of personal trading for the recording artist Arlo Parks. 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 the Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements of the Companies Act 2006.
| 2.2 | Foreign currency translation
Functional and presentation currency The company's functional and presentational currency is pound sterling. 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. Foreign exchange gains and losses that relates to borrowings are presented in the profit and loss account within 'administrative expenses'. All other foreign exchange gains and losses are presented in profit or loss account.
| 2.3 | 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. Turnover from recording, publishing and advances is recognised when it is probable the company will receive the rights to the consideration due under the contract. Royalties receivable are recognised at the year end date by the company per the royalty statements. Merchandise income is recognised when the significant risks and rewards of ownership have been transferred to the buyer. Recharged income is recognised when the corresponding expenses have been incurred on behalf of other entities. Page 3
MOLOCH LTD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.4 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.5 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. 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 corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
| 2.6 | 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. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis. Depreciation is provided on the following basis:
|  |  |  | Office equipment | - | 25% | reducing balance
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. Page 4
MOLOCH LTD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.7 | Stocks
Stock of merchandise are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.
| 2.8 | Debtors
Short-term debtors are measured at transaction price, less any impairment.
| 2.9 | Cash
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.
| 2.10 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
| 2.11 | Financial instruments
The company enters into basic financial instrument trasactions that result in the recognition of financial assets and liabilities such as trade and other debtors, trade and other creditors, and loans with related parties.
| 2.12 | 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.
3. | Employees
| The average monthly number of employees, including director, during the year was 1 (2023 - 1).
Page 5
MOLOCH LTD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
4. | Tangible fixed assets
|  | Office equipment
|  | £
| Cost |
| At 1 January 2024 | 21,063
| Additions | 2,913
| At 31 December 2024 | 23,976
| Depreciation |
| At 1 January 2024 | 9,182
| Charge for the period | 3,699
| At 31 December 2024 | 12,881
| Net book value |
| At 31 December 2024 | 11,095
| At 31 December 2023 | 11,881
5. | Stocks
|  |  |  |  |  | As restated
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Goods for resale | 88,389 | 87,400
6. | Debtors
|  |  |  |  |  | As restated
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Trade debtors | 437 | 111,660
| Other debtors | 24,001 | 479,311
| Prepayments and accrued income | 133,214 | 41,462
|  | 157,652 | 632,433
Page 6
MOLOCH LTD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
7. | Cash
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Cash at bank | 1,348,238 | 74,150
8. | Creditors: amounts falling due within one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Trade creditors | 34,167 | 34,164
| Corporation tax | 187,244 | -
| Other taxation and social security | - | 3,445
| Other creditors | 105,698 | 1,521
| Accruals and deferred income | 734,575 | 764,630
|  | 1,061,684 | 803,760
9. | Deferred taxation
|  | 2024
|  | £
| Charged to profit or loss | 2,377
| At end of year | 2,377
| The deferred taxation balance is made up as follows:
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Fixed asset timing differences | 2,377 | -
Page 7
MOLOCH LTD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
10. | Share capital
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 1 (2023 - 1) Ordinary share of £1.00 | 1 | 1
11. | Prior year adjustment
Stock of £67,427 had been understated in prior year. Comparative amounts have been restated accordingly. As a result, stock has been increased by £67,427 and prior year's loss has decreased and current year's retained earnings have increased by £67,427. In addition, recharges from connected company had been understated in prior year. As a result, merch income has been increased by £53,259, management commission has been increased by £2,384, purchases has been increased by £36,740 and connected entity balance has been increased by £14,134. Comparative amounts have been restated accordingly. This resulted in a decrease of £14,134 to the prior year's loss and increase to the current year's retained earnings.
12. | Transactions with the director
| During the year, the director advanced £9,100 (period ended 31 December 2023 - £NIL) to the company. At the year end, the company owed £63,756 (period ended 31 December 2023 - £539) to the director. This loan is unsecured, interest free and repayable on demand. During the year, dividends of £225,000 (period ended 31 December 2023 - £73,000) was paid to the director.
Page 8