SAPIO RESEARCH LTD

SAPIO RESEARCH LTD

SAPIO RESEARCH LTD - Company Information

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SAPIO RESEARCH LTD

Company Registration Number:
10378863 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2019

Period of accounts

Start date: 01 October 2018

End date: 30 September 2019

SAPIO RESEARCH LTD

Contents of the Financial Statements

for the Period Ended 30 September 2019

Balance sheet
Notes

SAPIO RESEARCH LTD

Balance sheet

As at 30 September 2019


Notes
2019
2018


£
£
Fixed assets
Intangible assets: 3 201,136 0
Tangible assets: 4 6,000 2,671
Total fixed assets: 207,136 2,671
Current assets
Debtors:   185,679 324,397
Cash at bank and in hand: 393,707 159,380
Total current assets: 579,386 483,777
Creditors: amounts falling due within one year:   (305,576) (197,171)
Net current assets (liabilities): 273,810 286,606
Total assets less current liabilities: 480,946 289,277
Total net assets (liabilities): 480,946 289,277
Capital and reserves
Called up share capital: 80 100
Share premium account: 6,131 0
Profit and loss account: 474,735 289,177
Shareholders funds: 480,946 289,277

The notes form part of these financial statements

SAPIO RESEARCH LTD

Balance sheet statements

For the year ending 30 September 2019 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 04 March 2020
and signed on behalf of the board by:

Name: Jane Virginia Platt
Status: Director

The notes form part of these financial statements

SAPIO RESEARCH LTD

Notes to the Financial Statements

for the Period Ended 30 September 2019

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SAPIO RESEARCH LTD

Notes to the Financial Statements

for the Period Ended 30 September 2019

2. Employees

2019 2018
Average number of employees during the period 8 5

SAPIO RESEARCH LTD

Notes to the Financial Statements

for the Period Ended 30 September 2019

3. Intangible Assets

Total
Cost £
At 01 October 2018 0
Additions 200,000
Revaluations 1,136
At 30 September 2019 201,136
Net book value
At 30 September 2019 201,136
At 30 September 2018 0

SAPIO RESEARCH LTD

Notes to the Financial Statements

for the Period Ended 30 September 2019

4. Tangible Assets

Total
Cost £
At 01 October 2018 5,010
Additions 6,110
At 30 September 2019 11,120
Depreciation
At 01 October 2018 2,339
Charge for year 2,781
At 30 September 2019 5,120
Net book value
At 30 September 2019 6,000
At 30 September 2018 2,671

SAPIO RESEARCH LTD

Notes to the Financial Statements

for the Period Ended 30 September 2019

5. Loans to directors

Name of director receiving advance or credit: Jane Virginia Platt
Description of the loan: Loan to the director
£
Balance at 01 October 2018 291
Advances or credits repaid: 291
Balance at 30 September 2019 0
Name of director receiving advance or credit: Andrew Christopher John White
Description of the loan: Loan to director
£
Balance at 01 October 2018 204
Advances or credits repaid: 204
Balance at 30 September 2019 0
Name of director receiving advance or credit: Guy Washer
Description of the loan: Loan to director
£
Balance at 01 October 2018 291
Advances or credits repaid: 291
Balance at 30 September 2019 0

SAPIO RESEARCH LTD

Notes to the Financial Statements

for the Period Ended 30 September 2019

6. Related party transactions

Name of the related party: Jessica Catherine Bunce
Relationship:
Director
Description of the Transaction: Loan to the company
£
Balance at 01 October 2018 784
Balance at 30 September 2019 784