CDS Software Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07487784 (England and Wales)

Unaudited Financial Statements

for the Period 30 April 2020 to 28 April 2021

for

CDS Software Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Report of the Accountants

6

DIRECTOR:

Mrs V I Da Silva

REGISTERED OFFICE:

24 Picton House

Hussar Court

Waterlooville

Hampshire

PO7 7SQ

REGISTERED NUMBER:

07487784 (England and Wales)

ACCOUNTANTS:

Johnston Wood Roach Limited

24 Picton House

Hussar Court

Waterlooville

Hampshire

PO7 7SQ

FIXED ASSETS

Tangible assets

4

188

321

CURRENT ASSETS

Debtors

5

27,087

48,745

Cash at bank

582

9,978

27,669

58,723

CREDITORS

Amounts falling due within one year

6

22,657

44,066

NET CURRENT ASSETS

5,012

14,657

TOTAL ASSETS LESS CURRENT LIABILITIES

5,200

14,978

PROVISIONS FOR LIABILITIES

36

17

NET ASSETS

5,164

14,961

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

5,163

14,960

SHAREHOLDERS' FUNDS

5,164

14,961

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 April 2021.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 April 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 April 2022 and were signed by:

Mrs V I Da Silva - Director

1.	STATUTORY INFORMATION

CDS Software Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

Accounts are rounded to the nearest pound.

The accounts represent the company as an individual entity.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates

The preparation of financial statements requires the use of estimates and assumptions that affect reported amounts of assets and liabilities at the date of the financial statements, and revenues and expenses during the reporting period. These estimates and assumptions are based on management's best knowledge of the amount, events or actions. Actual results may differ from those amounts.

Management do not consider there to be any significant judgements or estimates used in the preparation of these financial statements.

Turnover

Turnover represents net invoiced value of services, excluding value added tax

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2020 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 30 April 2020

and 28 April 2021

420

1,120

1,540

DEPRECIATION

At 30 April 2020

333

886

1,219

Charge for period

17

116

133

At 28 April 2021

350

1,002

1,352

NET BOOK VALUE

At 28 April 2021

70

118

188

At 29 April 2020

87

234

321

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.4.21

29.4.20

£

£

Trade debtors

(9,946

)

(7,217

)

Other debtors

37,033

55,962

27,087

48,745

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.4.21

29.4.20

£

£

Trade creditors

599

1,643

Taxation and social security

21,219

41,585

Other creditors

839

838

22,657

44,066

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.4.21

29.4.20

value:

£

£

1

Ordinary

£1

1

1

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the periods ended 28 April 2021 and 29 April 2020:

28.4.21

29.4.20

£

£

Mrs V I Da Silva

Balance outstanding at start of period

40,385

44,897

Amounts advanced

41,263

76,761

Amounts repaid

(59,207

)

(81,273

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

22,441

40,385

At the year end the company was owed £22,441 (2020: £40,385) by the director.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the period ended 28 April 2021 set out on pages three to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Johnston Wood Roach Limited

24 Picton House

Hussar Court

Waterlooville

Hampshire

PO7 7SQ

Date: .............................................