Signal Software Limited - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 10887915 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2022

for

Signal Software Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Report of the Accountants

5

DIRECTORS:

C Coyle

Ms A Coyle

K Coyle

C Curd

R Stewart

P Groves

SECRETARY:

C Coyle

REGISTERED OFFICE:

71-75 Shelton Street

London

WC2H 9JQ

REGISTERED NUMBER:

10887915 (England and Wales)

ACCOUNTANTS:

Evolve Accounting & Tax Solutions Limited

2nd Floor Congress House

14 Lyon Road

Harrow

Middlesex

HA1 2EN

CURRENT ASSETS

Debtors

4

224,619

39,536

Prepayments and accrued income

3,050

163

Cash at bank

122,665

75,994

350,334

115,693

CREDITORS

Amounts falling due within one year

5

253,696

80,430

NET CURRENT ASSETS

96,638

35,263

TOTAL ASSETS LESS CURRENT LIABILITIES

96,638

35,263

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

96,538

35,163

96,638

35,263

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 7 June 2023 and were signed on its behalf by:

C Coyle - Director

1.	STATUTORY INFORMATION

Signal 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 (£).

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.

Turnover

Turnover comprises the invoices value of services provided by the company, net of vat. All revenue is recognised in the Financial Statements over the course of the contract period to its customers.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.22

30.9.21

£

£

Trade debtors

223,728

39,436

Other debtors

891

100

224,619

39,536

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.22

30.9.21

£

£

Trade creditors

122,194

20,543

Amounts owed to associates

14,911

4,011

Taxation and social security

37,623

18,326

Other creditors

78,968

37,550

253,696

80,430

6.	RELATED PARTY DISCLOSURES

Signal Software Limited's directors C. Coyle, A. Coyle, C. Curd and P. Groves are also directors of Panther Software Limited. K Coyle, C. Coyle, A. Coyle, R. Stewart and P. Groves are also directors of Coyle Personnel Limited.

Amounts due to associated companies:

2022

2021

£

£

Coyle Personnel Limited

1,022

389

Panther Software Limited

13,889

3,622

14,911

4,011

During the year, Signal Software Limited was provided services of £217,501 (2021: £104,656) by Panther Software Limited.

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr C Curd due to his ownership of 60% of the issued ordinary share capital in the company.

The following reproduces the text of the report prepared for the directors 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 Directors 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 year ended 30 September 2022 set out on pages three to six 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.

Evolve Accounting & Tax Solutions Limited

2nd Floor Congress House

14 Lyon Road

Harrow

Middlesex

HA1 2EN

7 June 2023