ACCOUNTS - Final Accounts preparation

Caseware UK (AP4) 2021.0.152 2021.0.152 2021-12-312021-12-31false2The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2021-01-01falseThe principal activity of the company under review is that of retail sale of books in specialised storestrue 13065524 2020-12-31 13065524 2021-01-01 2021-12-31 13065524 2020-01-01 2020-12-31 13065524 2021-12-31 13065524 c:Director1 2021-01-01 2021-12-31 13065524 d:CurrentFinancialInstruments 2021-12-31 13065524 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 13065524 d:ShareCapital 2021-12-31 13065524 d:RetainedEarningsAccumulatedLosses 2021-12-31 13065524 c:OrdinaryShareClass1 2021-01-01 2021-12-31 13065524 c:OrdinaryShareClass1 2021-12-31 13065524 c:FRS102 2021-01-01 2021-12-31 13065524 c:AuditExempt-NoAccountantsReport 2021-01-01 2021-12-31 13065524 c:FullAccounts 2021-01-01 2021-12-31 13065524 c:PrivateLimitedCompanyLtd 2021-01-01 2021-12-31 iso4217:GBP xbrli:shares xbrli:pure

13065524

DISCO POGO LTD

UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2021


DISCO POGO LTD REGISTERED NUMBER:13065524

BALANCE SHEET

AS AT 31 DECEMBER 2021

		2021
Note		£


Current assets
Debtors: amounts falling due within one year	4	7,352
Cash at bank and in hand	5	50,039
		57,391
Creditors: amounts falling due within one year	6	(59,446)
Net current liabilities			(2,055)
Total assets less current liabilities			(2,055)

Net liabilities			(2,055)

Capital and reserves
Called up share capital	7	100
Profit and loss account		(2,155)
		(2,055)

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 period 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 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:

P A Benney

Director

Date: 6 December 2022

The notes on pages 2 to 3 form part of these financial statements.

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DISCO POGO LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2021

1.	General information

Disco Pogo Ltd is a private company, limited by shares, registered in England and Wales, registration number 13065524. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.
The company was incorporated on 6 December 2020 and commenced trading on the same date.

The principal activity of the company under review is that of retail sale of books in specialised stores.

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 Companies Act 2006.

2.2

Functional and presentation currency

The company's functional and presentational currency is pound sterling.

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 the sale of books is recognised when it is probable the company will receive the rights to the consideration due under the contract.

2.4

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.

2.5

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

2.6

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 such as trade and other debtors, other creditors, and loans with related parties.

Employees

The average monthly number of employees, including directors, during the period was 2.

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DISCO POGO LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2021

Debtors

					2021
					£


	Trade debtors	1,800
	Other debtors	5,552
		7,352

5.	Cash
		2021
		£

	Bank and cash balances	50,039

6.	Creditors: amounts falling due within one year
		2021
		£

	Accruals and deferred income	59,446

7.	Share capital
		2021
		£

		Allotted, called up and fully paid

		100 Ordinary shares of £1.00 each	100

100 ordinary shares of £1.00 each were issued on incorporation.
There is a single class of ordinary shares. There are no restrictions on the distribution of dividends and the repayment of capital.

8.	Transactions with directors

During the period, the company advanced £5,000 to the directors of which £NIL was repaid to the company. As at the period end, the directors owed £5,000 to the company. This loan is secured, interest free and repayable on demand.

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