SoEasySoft Limited - Period Ending 2015-12-31

Registration number: 06966516

SoEasySoft Limited

Annual Report and Unaudited Financial Statements

for the Period from 1 December 2014 to 31 December 2015

 

Broadhead Accountants Limited

SoEasySoft Limited
Contents

Company Information 1

Directors' Report 2

Accountants' Report 3

Profit and Loss Account 4

Statement of Total Recognised Gains and Losses 5

Balance Sheet 6

Notes to the Financial Statements 7 to 8

SoEasySoft Limited
Company Information

Directors

Christian Ingerslev Thomas Sand

Registered office

Britannia House 1-11 Glenthorne Road London W6 0LH

Page 1

SoEasySoft Limited
Directors' Report for the Period from 1 December 2014 to 31 December 2015

The directors present their report and the unaudited financial statements for the period from 1 December 2014 to 31 December 2015.

Directors of the company

The directors who held office during the period were as follows:

Christian Ingerslev

Thomas Sand

Small company provisions

This report has been prepared in accordance with the small companies regime under the Companies Act 2006.

Approved by the Board on 7 July 2016 and signed on its behalf by:

.........................................
Christian Ingerslev
Director

Page 2

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of
 SoEasySoft Limitedfor the Period Ended 31 December 2015

In order to assist you to fulfil your directors' duties under the Companies Act 2006, we have prepared for your review and approval the financial statements of SoEasySoft Limited for the period ended 31 December 2015. These financial statements have been prepared from the company's accounting records and from information and explanations you have given us.

As a member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to ethical and other professional requirements.

This report is made solely to the Board of Directors of SoEasySoft Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the financial statements of SoEasySoft Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SoEasySoft Limited and its Board of Directors as a body for our work or for this report.

The acceptance of the financial statements and the directors' report by the directors indicates acceptance of our accountants' report too. Use of these financial statements by external parties indicates acknowledgement of these conditions and limitations.

 
  ......................................
  Broadhead Accountants Limited Chartered Accountants Suite 402 Britannia House 1-11 Glenthorne Road Hammersmith London W6 0LH
 
 
 

8 July 2016

Page 3

SoEasySoft Limited
Profit and Loss Account for the Period from 1 December 2014 to 31 December 2015

		Note			1 December 2014 to 31 December 2015 £			Year ended 30 November 2014 £
Turnover					10,220			14,923
Cost of sales					3,141			(6,139)
Gross profit					13,361			8,784
Administrative expenses					(19,728)			(32,241)
Operating loss					(6,367)			(23,457)
Interest payable and similar charges					-			(34)
Loss on ordinary activities before taxation					(6,367)			(23,491)
Loss for the financial period		6			(6,367)			(23,491)

The notes on pages 7 to 8 form an integral part of these financial statements.
Page 4

SoEasySoft Limited
Statement of Total Recognised Gains and Losses for the Period from 1 December 2014 to 31 December 2015

		Note			1 December 2014 to 31 December 2015 £			Year ended 30 November 2014 £
Loss for the financial period					(6,367)			(23,491)
Prior year adjustment					870			-
Total recognised gains and losses since last annual report					(5,497)			(23,491)

The notes on pages 7 to 8 form an integral part of these financial statements.
Page 5

SoEasySoft Limited
(Registration number: 06966516)
Balance Sheet at 31 December 2015

		Note			31 December 2015 £			30 November 2014 £
Current assets
Debtors		3			16,188			17,290
Cash at bank and in hand					-			1,910
					16,188			19,200
Creditors: Amounts falling due within one year		4			(100,733)			(97,378)
Net liabilities					(84,545)			(78,178)
Capital and reserves
Called up share capital		5			10,000			10,000
Profit and loss account		6			(94,545)			(88,178)
Shareholders' deficit					(84,545)			(78,178)

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

For the year ending 31 December 2015 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.

Approved and authorised for issue by the Board on 7 July 2016 and signed on its behalf by:

.........................................
Christian Ingerslev
Director

The notes on pages 7 to 8 form an integral part of these financial statements.
Page 6

SoEasySoft Limited
Notes to the Financial Statements for the Period from 1 December 2014 to 31 December 2015
......... continued

1	Accounting policies

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Going concern

The financial statements have been prepared on a going concern basis.

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Directors' remuneration

The directors' remuneration for the period was as follows:

		1 December 2014 to 31 December 2015 £			Year ended 30 November 2014 £
Remuneration		12,000			-

3

Debtors

		31 December 2015 £			30 November 2014 £
Trade debtors		5,464			6,566
Other debtors		10,724			10,724
		16,188			17,290

Page 7

SoEasySoft Limited
Notes to the Financial Statements for the Period from 1 December 2014 to 31 December 2015
......... continued

4	Creditors: Amounts falling due within one year

		31 December 2015 £			30 November 2014 £
Trade creditors		2,196			11,914
Bank loans and overdrafts		663			-
Other taxes and social security		1,010			21
Other creditors		96,864			85,443
		100,733			97,378

5	Share capital

Allotted, called up and fully paid shares

	31 December 2015						30 November 2014
		No.			£			No.			£
Ordinary of £1 each		10,000			10,000			10,000			10,000

6

Reserves

		Profit and loss account £			Total £
At 1 December 2014		(89,048)			(89,048)
Prior period adjustment		870			870
At 1 December 2014 as restated		(88,178)			(88,178)
Loss for the period		(6,367)			(6,367)
At 31 December 2015		(94,545)			(94,545)

Page 8