Registered Number
(England and Wales)
Unaudited Financial Statements for the Year ended
31 December 2022
Directors | |
Registered Address | |
Registered Number |
Notes | 2022 | 2021 | ||||||
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£ | £ | £ | £ | |||||
Fixed assets | ||||||||
Intangible assets | 10 | |||||||
Tangible assets | 11 | |||||||
Investments | 12 | |||||||
Current assets | ||||||||
Debtors | 15 | |||||||
Cash at bank and on hand | ||||||||
Creditors amounts falling due within one year | 16 | ( | ( | |||||
Net current assets (liabilities) | ||||||||
Total assets less current liabilities | ||||||||
Creditors amounts falling due after one year | 17 | ( | ||||||
Net assets | ||||||||
Capital and reserves | ||||||||
Called up share capital | ||||||||
Share premium | ||||||||
Other reserves | ||||||||
Profit and loss account | ( | ( | ||||||
Shareholders' funds |
The financial statements were approved and authorised for issue by the Board of Directors on 20 December 2023, and are signed on its behalf by: |
Director Registered Company No. 08227542 |
1. | Statutory information |
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2. | Compliance with applicable reporting framework |
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3. | Principal activities |
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4. | Smallest group in which results are consolidated |
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5. | Basis of measurement used in financial statements |
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6. | Accounting policies |
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Functional and presentation currency policy | |
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Turnover policy | |
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Property, plant and equipment policy | |
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Intangible assets policy | |
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Revenue recognition policy | |
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Taxation policy | |
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Deferred tax policy | |
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Research and development policy | |
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Foreign currency translation and operations policy | |
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Government grants and other government assistance policy | |
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Leases policy | |
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Investments policy | |
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Employee benefits policy | |
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Valuation of financial instruments policy | |
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Going concern | |
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7. | Prior reporting period impact on current profit and loss |
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The comparative figures presented in these financial statements have been restated to account for an amendment to the way the fair value of share options was determined. The fair value of share options has been determined with the use a Black-scholes model and the new fair values have been applied retrospectively, leading to a restatement of the comparative figures. The effects of the restatement are that the Other Reserves reported at 31 December 2021 have decreased by £1,762,055 whilst the accumulated loss reserves have decreased by £1,762,055. |
8. | Critical estimates and judgements |
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9. | Employee information |
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2022 | 2021 | |||
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Average number of employees during the year |
10. | Intangible assets |
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Other | Total | |||
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£ | £ | |||
Cost or valuation | ||||
Additions | ||||
At 31 December 22 | ||||
Net book value | ||||
At 31 December 22 | ||||
At 31 December 21 |
11. | Property, plant and equipment |
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Land & buildings | Fixtures & fittings | Office Equipment | Total | |||||
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£ | £ | £ | £ | |||||
Cost or valuation | ||||||||
At 01 January 22 | ||||||||
Additions | ||||||||
Disposals | ( | ( | ||||||
At 31 December 22 | ||||||||
Depreciation and impairment | ||||||||
At 01 January 22 | ||||||||
Charge for year | ||||||||
On disposals | ( | ( | ||||||
At 31 December 22 | ||||||||
Net book value | ||||||||
At 31 December 22 | ||||||||
At 31 December 21 |
12. | Fixed asset investments |
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Investments in groups1 | Total | |||
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£ | £ | |||
Cost or valuation | ||||
At 01 January 22 | ||||
At 31 December 22 | ||||
Net book value | ||||
At 31 December 22 | ||||
At 31 December 21 |
Notes | |
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1Investments in group undertakings and participating interests |
13. | Description of financial commitments other than capital commitments |
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14. | Description of event after reporting date |
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15. | Debtors |
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2022 | 2021 | |||
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£ | £ | |||
Trade debtors / trade receivables | ||||
Amounts owed by group undertakings | ||||
Other debtors | ||||
Prepayments and accrued income | ||||
Total |
16. | Creditors within one year |
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2022 | 2021 | |||
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£ | £ | |||
Trade creditors / trade payables | ||||
Bank borrowings and overdrafts | ||||
Amounts owed to related parties | ||||
Taxation and social security | ||||
Other creditors | ||||
Accrued liabilities and deferred income | ||||
Total |
17. | Creditors after one year |
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2022 | 2021 | |||
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£ | £ | |||
Other creditors | ||||
Total |