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 2020

Period of accounts

Start date: 01 October 2019

End date: 30 September 2020

SAPIO RESEARCH LTD

Contents of the Financial Statements

for the Period Ended 30 September 2020

Balance sheet
Notes

SAPIO RESEARCH LTD

Balance sheet

As at 30 September 2020


Notes
2020
2019


£
£
Fixed assets
Intangible assets: 3 289,788 201,136
Tangible assets: 4 4,969 6,000
Total fixed assets: 294,757 207,136
Current assets
Debtors:   335,298 185,679
Cash at bank and in hand: 416,486 393,707
Total current assets: 751,784 579,386
Creditors: amounts falling due within one year: 5 (345,747) (305,576)
Net current assets (liabilities): 406,037 273,810
Total assets less current liabilities: 700,794 480,946
Total net assets (liabilities): 700,794 480,946
Capital and reserves
Called up share capital: 80 80
Share premium account: 6,131 6,131
Profit and loss account: 694,583 474,735
Shareholders funds: 700,794 480,946

The notes form part of these financial statements

SAPIO RESEARCH LTD

Balance sheet statements

For the year ending 30 September 2020 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 12 May 2021
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 2020

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 2020

2. Employees

2020 2019
Average number of employees during the period 9 8

SAPIO RESEARCH LTD

Notes to the Financial Statements

for the Period Ended 30 September 2020

3. Intangible Assets

Total
Cost £
At 01 October 2019 201,136
Additions 100,002
Revaluations (11,350)
At 30 September 2020 289,788
Net book value
At 30 September 2020 289,788
At 30 September 2019 201,136

SAPIO RESEARCH LTD

Notes to the Financial Statements

for the Period Ended 30 September 2020

4. Tangible Assets

Total
Cost £
At 01 October 2019 11,120
Additions 2,553
At 30 September 2020 13,673
Depreciation
At 01 October 2019 5,120
Charge for year 3,584
At 30 September 2020 8,704
Net book value
At 30 September 2020 4,969
At 30 September 2019 6,000

SAPIO RESEARCH LTD

Notes to the Financial Statements

for the Period Ended 30 September 2020

5. Creditors: amounts falling due within one year note

Trade creditors 54,490Taxation and social security 207,753Accruals and deferred income 13,224Other creditors 70,280

SAPIO RESEARCH LTD

Notes to the Financial Statements

for the Period Ended 30 September 2020

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 2019 784
Balance at 30 September 2020 860
Name of the related party: Jane Virginia Platt
Relationship:
Director
Description of the Transaction: Loan to the company
£
Balance at 01 October 2019 0
Balance at 30 September 2020 3