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

REGISTERED NUMBER: 10549910 (England and Wales)

Unaudited Financial Statements

for the Period 5 January 2017 to 30 June 2018

for

Rison Software Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

R Chalk

REGISTERED OFFICE:

4-6 Swaby's Yard

Walkergate

Beverley

East Yorkshire

HU17 9BZ

REGISTERED NUMBER:

10549910 (England and Wales)

ACCOUNTANTS:

Finnies Accountants Limited

Chartered Certified Accountants

4-6 Swaby's Yard

Walkergate

Beverley

East Yorkshire

HU17 9BZ

FIXED ASSETS

Tangible assets

4

116

CURRENT ASSETS

Debtors

5

1,356

Cash at bank

3,706

5,062

CREDITORS

Amounts falling due within one year

6

(4,568

)

NET CURRENT ASSETS

494

TOTAL ASSETS LESS CURRENT LIABILITIES

610

CAPITAL AND RESERVES

Called up share capital

7

100

Retained earnings

510

SHAREHOLDERS' FUNDS

610

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 3 October 2018 and were signed by:

R Chalk - Director

1.	STATUTORY INFORMATION

Rison 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

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

Computer equipment

-

33% pa on written down value

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 2 .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

Additions

230

At 30 June 2018

230

DEPRECIATION

Charge for period

114

At 30 June 2018

114

NET BOOK VALUE

At 30 June 2018

116

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

351

Other debtors

180

Directors' current accounts

166

VAT

659

1,356

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

263

Directors' current accounts

1,551

Accrued expenses

2,754

4,568

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 30 June 2018:

£

R Chalk

Balance outstanding at start of period

-

Amounts advanced

14,892

Amounts repaid

(16,443

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of period

(1,551

)

Mrs M R Shaw

Balance outstanding at start of period

-

Amounts advanced

343

Amounts repaid

(177

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of period

166

9.	RELATED PARTY DISCLOSURES

During the period, total dividends of £2,000 were paid to the directors .

The directors have made a loan to the company, this loan is unsecured, interest free and repayable upon demand.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is R Chalk.