Accounts Submission

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Company Registration Number:
07054859 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2021

Period of accounts

Start date: 01 November 2020

End date: 31 October 2021

Contents of the Financial Statements

for the Period Ended 31 October 2021


Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

Directors' Report Period Ended 31 October 2021

The directors present their report with the financial statements of the company for the period ended 31 October 2021

Principal Activities

THE DEVELOPMENT AND PROVISION OF SPECIALISED BESPOKE FACILITY MANAGEMENT SOFTWARE

Additional information

THE LOSS FOR THE YEAR WAS £21273 AFTER TAX CREDITS. THE TRADING LOSS WAS £59,559 PRIOR TO JRS CLAIMS AWARDED AND R&D CREDITS. THE DIRECTORS DO NOT RECOMMEND THE PAYMENT OF A DIVIDEND.

Directors

The directors shown below have held office during the whole of the period from 01 November 2020 to 31 October 2021
MARK PURNELL
COLIN PAYNE

This report was approved by the board of directors on 13 March 2022
And Signed On Behalf Of The Board By:

Name: MARK PURNELL
Status: Director

Profit and Loss Account

for the Period Ended 31 October 2021

	2021 £	2020 £
Gross Profit or (Loss)	109,827	138,960
Income from coronavirus (COVID-19) business support grants	27,813	19,815
Administrative Expenses	( 197,035 )	( 218,145 )
Operating Profit or (Loss)	( 59,395 )	( 59,370 )
Interest Receivable and Similar Income	1	10
Interest Payable and Similar Charges	( 163 )	( 542 )
Profit or (Loss) Before Tax	( 59,557 )	( 59,902 )
Profit or (Loss) for Period	( 59,557 )	( 59,902 )

The notes form part of these financial statements

Balance sheet

As at 31 October 2021

	Notes	2021 £	2020 £
Fixed assets
Intangible assets:	4	67,740	64,741
Tangible assets:	5	2,678	2,745
Total fixed assets:		70,418	67,486
Current assets
Debtors:	6	3,845	97,798
Cash at bank and in hand:		173	11,722
Total current assets:		4,018	109,520
Creditors: amounts falling due within one year:	7	( 433,964 )	( 515,261 )
Net current assets (liabilities):		( 429,946 )	( 405,741 )
Total assets less current liabilities:		( 359,528 )	( 338,255 )
Total net assets (liabilities):		( 359,528 )	( 338,255 )

The notes form part of these financial statements

Balance sheet continued

As at 31 October 2021

	2021 £	2020 £
Capital and reserves
Called up share capital:	150,200	150,200
Profit and loss account:	( 509,728 )	( 488,455 )
Shareholders funds:	( 359,528 )	( 338,255 )

For the year ending 31 October 2021 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 13 March 2022
And Signed On Behalf Of The Board By:

Name: MARK PURNELL
Status: Director

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 October 2021

1. Accounting policies

Basis of measurement and preparation

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

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable and represents the amounts receivable for services provided within the normal course of business net of Value Added Tax.

Tangible fixed assets depreciation policy

Depreciation is provided on all office equipment to write down the cost of the assets on a reducing balance basis over their estimated useful lives at 25% per annum.

Intangible fixed assets amortisation policy

These capitalized research and development costs are estimated to produce profits in future years and costs are to be written off on a straight-line basis over a five-year period from the date the cost is capitalized at 20% per annum on the pool written down value.

Notes to the Financial Statements

for the Period Ended 31 October 2021

2. Employees

	2021	2020
Average number of employees during the period	2	2

Notes to the Financial Statements

for the Period Ended 31 October 2021

3. Off balance sheet disclosure

No

Notes to the Financial Statements

for the Period Ended 31 October 2021

4. Intangible assets

	Total
Cost	£
At 01 November 2020	123,536
Additions	17,368
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2021	140,904
Amortisation
Amortisation at 01 November 2020	58,795
Charge for year	14,369
On disposals	-
Other adjustments	-
Amortisation at 31 October 2021	73,164
Net book value
Net book value at 31 October 2021	67,740
Net book value at 31 October 2020	64,741

Notes to the Financial Statements

for the Period Ended 31 October 2021

5. Tangible Assets

	Total
Cost	£
At 01 November 2020	12,600
Additions	406
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2021	13,006
Depreciation
At 01 November 2020	9,855
Charge for year	473
On disposals	-
Other adjustments	-
At 31 October 2021	10,328
Net book value
At 31 October 2021	2,678
At 31 October 2020	2,745

Notes to the Financial Statements

for the Period Ended 31 October 2021

6. Debtors

DEBTORS COMPRISE TRADE DEBTORS £3,845 (2020: £14,735) AND LOANS RECEIVABLE £NIL (2020: £83,063)

Notes to the Financial Statements

for the Period Ended 31 October 2021

7. Creditors: amounts falling due within one year note

CREDIT0RS COMPRISE TRADE CREDITORS £14,988 (2020: £16,434); OTHER CREDITORS AND TAXES DUE £4,150 (2020: £19,811) AND LOANS PAYABLE £414,826 (2020: £479,016)

Notes to the Financial Statements

for the Period Ended 31 October 2021

8.1.Related party disclosures

Name of related party:	Unify EMEA Group Ltd
Description of relationship:
Common Directorship
Description of the transaction:
Non interest-bearing loan with no set repayment dates or terms
Balance at 01 November 2020	389,016
Balance at 31 October 2021	324,826

Director:		MARK PURNELL
		COLIN PAYNE


Registered office:		32 Waldorf Heights Blackwater Camberley Surrey GU17 9JH


Company Registration Number:		07054859 (England and Wales)

Accounts Submission