PRINCETON SOFTWARE SOLUTIONS LTD


2021-10-012022-09-302022-09-30false07418471PRINCETON SOFTWARE SOLUTIONS LTD2023-05-1562090iso4217:GBPxbrli:pure074184712021-10-01074184712022-09-30074184712021-10-012022-09-30074184712020-10-01074184712021-09-30074184712020-10-012021-09-3007418471bus:SmallEntities2021-10-012022-09-3007418471bus:AuditExempt-NoAccountantsReport2021-10-012022-09-3007418471bus:AbridgedAccounts2021-10-012022-09-3007418471bus:PrivateLimitedCompanyLtd2021-10-012022-09-3007418471core:WithinOneYear2022-09-3007418471core:AfterOneYear2022-09-3007418471core:WithinOneYear2021-09-3007418471core:AfterOneYear2021-09-3007418471core:ShareCapital2022-09-3007418471core:SharePremium2022-09-3007418471core:RevaluationReserve2022-09-3007418471core:OtherReservesSubtotal2022-09-3007418471core:RetainedEarningsAccumulatedLosses2022-09-3007418471core:ShareCapital2021-09-3007418471core:SharePremium2021-09-3007418471core:RevaluationReserve2021-09-3007418471core:OtherReservesSubtotal2021-09-3007418471core:RetainedEarningsAccumulatedLosses2021-09-3007418471core:LandBuildings2022-09-3007418471core:PlantMachinery2022-09-3007418471core:Vehicles2022-09-3007418471core:FurnitureFittings2022-09-3007418471core:OfficeEquipment2022-09-3007418471core:NetGoodwill2022-09-3007418471core:IntangibleAssetsOtherThanGoodwill2022-09-3007418471core:ListedExchangeTraded2022-09-3007418471core:UnlistedNon-exchangeTraded2022-09-3007418471core:LandBuildings2021-09-3007418471core:PlantMachinery2021-09-3007418471core:Vehicles2021-09-3007418471core:FurnitureFittings2021-09-3007418471core:OfficeEquipment2021-09-3007418471core:NetGoodwill2021-09-3007418471core:IntangibleAssetsOtherThanGoodwill2021-09-3007418471core:ListedExchangeTraded2021-09-3007418471core:UnlistedNon-exchangeTraded2021-09-3007418471core:LandBuildings2021-10-012022-09-3007418471core:PlantMachinery2021-10-012022-09-3007418471core:Vehicles2021-10-012022-09-3007418471core:FurnitureFittings2021-10-012022-09-3007418471core:OfficeEquipment2021-10-012022-09-3007418471core:NetGoodwill2021-10-012022-09-3007418471core:IntangibleAssetsOtherThanGoodwill2021-10-012022-09-3007418471core:ListedExchangeTraded2021-10-012022-09-3007418471core:UnlistedNon-exchangeTraded2021-10-012022-09-3007418471core:MoreThanFiveYears2021-10-012022-09-3007418471core:Non-currentFinancialInstruments2022-09-3007418471core:Non-currentFinancialInstruments2021-09-3007418471dpl:CostSales2021-10-012022-09-3007418471dpl:DistributionCosts2021-10-012022-09-3007418471dpl:AdministrativeExpenses2021-10-012022-09-3007418471core:LandBuildings2021-10-012022-09-3007418471core:PlantMachinery2021-10-012022-09-3007418471core:Vehicles2021-10-012022-09-3007418471core:FurnitureFittings2021-10-012022-09-3007418471core:OfficeEquipment2021-10-012022-09-3007418471core:NetGoodwill2021-10-012022-09-3007418471core:IntangibleAssetsOtherThanGoodwill2021-10-012022-09-3007418471dpl:GroupUndertakings2021-10-012022-09-3007418471dpl:ParticipatingInterests2021-10-012022-09-3007418471dpl:GroupUndertakingscore:ListedExchangeTraded2021-10-012022-09-3007418471core:ListedExchangeTraded2021-10-012022-09-3007418471dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-10-012022-09-3007418471core:UnlistedNon-exchangeTraded2021-10-012022-09-3007418471dpl:CostSales2020-10-012021-09-3007418471dpl:DistributionCosts2020-10-012021-09-3007418471dpl:AdministrativeExpenses2020-10-012021-09-3007418471core:LandBuildings2020-10-012021-09-3007418471core:PlantMachinery2020-10-012021-09-3007418471core:Vehicles2020-10-012021-09-3007418471core:FurnitureFittings2020-10-012021-09-3007418471core:OfficeEquipment2020-10-012021-09-3007418471core:NetGoodwill2020-10-012021-09-3007418471core:IntangibleAssetsOtherThanGoodwill2020-10-012021-09-3007418471dpl:GroupUndertakings2020-10-012021-09-3007418471dpl:ParticipatingInterests2020-10-012021-09-3007418471dpl:GroupUndertakingscore:ListedExchangeTraded2020-10-012021-09-3007418471core:ListedExchangeTraded2020-10-012021-09-3007418471dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2020-10-012021-09-3007418471core:UnlistedNon-exchangeTraded2020-10-012021-09-3007418471core:NetGoodwill2022-09-3007418471core:IntangibleAssetsOtherThanGoodwill2022-09-3007418471core:LandBuildings2022-09-3007418471core:PlantMachinery2022-09-3007418471core:Vehicles2022-09-3007418471core:FurnitureFittings2022-09-3007418471core:OfficeEquipment2022-09-3007418471core:AfterOneYear2022-09-3007418471core:WithinOneYear2022-09-3007418471core:ListedExchangeTraded2022-09-3007418471core:UnlistedNon-exchangeTraded2022-09-3007418471core:ShareCapital2022-09-3007418471core:SharePremium2022-09-3007418471core:RevaluationReserve2022-09-3007418471core:OtherReservesSubtotal2022-09-3007418471core:RetainedEarningsAccumulatedLosses2022-09-3007418471core:NetGoodwill2021-09-3007418471core:IntangibleAssetsOtherThanGoodwill2021-09-3007418471core:LandBuildings2021-09-3007418471core:PlantMachinery2021-09-3007418471core:Vehicles2021-09-3007418471core:FurnitureFittings2021-09-3007418471core:OfficeEquipment2021-09-3007418471core:AfterOneYear2021-09-3007418471core:WithinOneYear2021-09-3007418471core:ListedExchangeTraded2021-09-3007418471core:UnlistedNon-exchangeTraded2021-09-3007418471core:ShareCapital2021-09-3007418471core:SharePremium2021-09-3007418471core:RevaluationReserve2021-09-3007418471core:OtherReservesSubtotal2021-09-3007418471core:RetainedEarningsAccumulatedLosses2021-09-3007418471core:NetGoodwill2020-10-0107418471core:IntangibleAssetsOtherThanGoodwill2020-10-0107418471core:LandBuildings2020-10-0107418471core:PlantMachinery2020-10-0107418471core:Vehicles2020-10-0107418471core:FurnitureFittings2020-10-0107418471core:OfficeEquipment2020-10-0107418471core:AfterOneYear2020-10-0107418471core:WithinOneYear2020-10-0107418471core:ListedExchangeTraded2020-10-0107418471core:UnlistedNon-exchangeTraded2020-10-0107418471core:ShareCapital2020-10-0107418471core:SharePremium2020-10-0107418471core:RevaluationReserve2020-10-0107418471core:OtherReservesSubtotal2020-10-0107418471core:RetainedEarningsAccumulatedLosses2020-10-0107418471core:AfterOneYear2021-10-012022-09-3007418471core:WithinOneYear2021-10-012022-09-3007418471core:Non-currentFinancialInstrumentscore:CostValuation2021-10-012022-09-3007418471core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2021-10-012022-09-3007418471core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2021-10-012022-09-3007418471core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2021-10-012022-09-3007418471core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2021-10-012022-09-3007418471core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2021-10-012022-09-3007418471core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2021-10-012022-09-3007418471core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2021-10-012022-09-3007418471core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2021-10-012022-09-3007418471core:Non-currentFinancialInstrumentscore:CostValuation2022-09-3007418471core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-09-3007418471core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-09-3007418471core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-09-3007418471core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-09-3007418471core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-09-3007418471core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-09-3007418471core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-09-3007418471core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-09-3007418471core:Non-currentFinancialInstrumentscore:CostValuation2021-09-3007418471core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2021-09-3007418471core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2021-09-3007418471core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2021-09-3007418471core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2021-09-3007418471core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2021-09-3007418471core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2021-09-3007418471core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2021-09-3007418471core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2021-09-3007418471bus:Director12021-10-012022-09-30

PRINCETON SOFTWARE SOLUTIONS LTD

Registered Number
07418471
(England and Wales)

Unaudited Financial Statements for the Year ended
30 September 2022

PRINCETON SOFTWARE SOLUTIONS LTD
Company Information
for the year from 1 October 2021 to 30 September 2022

Directors

Anwar Hussain

Registered Address

Skn Business Centre
1 Guildford Street
Birmingham
B19 2HN

Place of Business


Registered Number

07418471 (England and Wales)
PRINCETON SOFTWARE SOLUTIONS LTD
Balance Sheet as at
30 September 2022

Notes

2022

2021

£

£

£

£

Current assets
Debtors-1,998
Cash at bank and on hand94,36571,077
94,36573,075
Creditors amounts falling due within one year6(20,152)(20,652)
Net current assets (liabilities)74,21352,423
Total assets less current liabilities74,21352,423
Net assets74,21352,423
Capital and reserves
Called up share capital100100
Profit and loss account74,11352,323
Shareholders' funds74,21352,423
  • The company was entitled to exemption from audit for this reporting period 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 Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • 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 and loss account.
  • The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved and authorised for issue by the Director on 15 May 2023, and are signed on its behalf by:
Anwar Hussain
Director
Registered Company No. 07418471
PRINCETON SOFTWARE SOLUTIONS LTD
Notes to the Financial Statements
for the year ended 30 September 2022

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4.Employee information

20222021
Average number of employees during the year11
5.Debtors within one year

2022

2021

££
Trade debtors / trade receivables-1,998
Total-1,998
6.Creditors within one year

2022

2021

££
Trade creditors / trade payables350-
Taxation and social security17,89218,773
Other creditors1,9101,879
Total20,15220,652