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 31 December 2022

Period of accounts

Start date: 01 January 2022

End date: 31 December 2022

SAPIO RESEARCH LTD

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

SAPIO RESEARCH LTD

Balance sheet

As at 31 December 2022


Notes
2022
15 months to 31 December 2021


£
£
Fixed assets
Intangible assets: 3 358,500 339,714
Tangible assets: 4 252,204 37,998
Total fixed assets: 610,704 377,712
Current assets
Stocks:   49,802
Debtors: 5 575,067 522,984
Cash at bank and in hand: 916,048 1,275,910
Total current assets: 1,491,115 1,848,696
Creditors: amounts falling due within one year: 6 (754,371) (808,127)
Net current assets (liabilities): 736,744 1,040,569
Total assets less current liabilities: 1,347,448 1,418,281
Creditors: amounts falling due after more than one year: 7   (25,189)
Total net assets (liabilities): 1,347,448 1,393,092
Capital and reserves
Called up share capital: 80 80
Share premium account: 6,131 6,131
Profit and loss account: 1,341,237 1,386,881
Shareholders funds: 1,347,448 1,393,092

The notes form part of these financial statements

SAPIO RESEARCH LTD

Balance sheet statements

For the year ending 31 December 2022 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 21 September 2023
and signed on behalf of the board by:

Name: J Bunce
Status: Director

The notes form part of these financial statements

SAPIO RESEARCH LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

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 31 December 2022

2. Employees

2022 15 months to 31 December 2021
Average number of employees during the period 19 17

SAPIO RESEARCH LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Intangible Assets

Total
Cost £
At 01 January 2022 339,714
Revaluations 18,786
At 31 December 2022 358,500
Net book value
At 31 December 2022 358,500
At 31 December 2021 339,714

SAPIO RESEARCH LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Tangible Assets

Total
Cost £
At 01 January 2022 58,186
Additions 284,083
Disposals (576)
At 31 December 2022 341,693
Depreciation
At 01 January 2022 20,188
Charge for year 69,877
On disposals (576)
At 31 December 2022 89,489
Net book value
At 31 December 2022 252,204
At 31 December 2021 37,998

SAPIO RESEARCH LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Debtors

Trade debtors £467,225 - £501,870Prepayments £32,552 - £21,114Other debtors £75,290 - £0

SAPIO RESEARCH LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

6. Creditors: amounts falling due within one year note

Loans and borrowings £0 - £1,732Trade creditors £121,542 - £84,160Taxation and social security £224,565 - £433,529Accruals and deferred income £367,054 - £272,703Other creditors £41,210 - £16,003

SAPIO RESEARCH LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

7. Creditors: amounts falling due after more than one year note

Loans and borrowings £0 - £25,189