Company Registration No. 03311804 (England and Wales)
Neurosoft LTD.
Unaudited accounts
for the year ended 28 February 2018
Neurosoft LTD.
Unaudited accounts
Contents
Neurosoft LTD.
Company Information
for the year ended 28 February 2018
Secretary
Steven James Conybeare
Company Number
03311804 (England and Wales)
Registered Office
MUTUAL HOUSE
70 CONDUIT STREET
LONDON
W1S 2GF
ENGLAND
Accountants
Dunnell Accounting
49 Mandeville Close
Vanbrugh Park
Blackheath
London
SE3 7AH
Neurosoft LTD.
Statement of financial position
as at 28 February 2018
Tangible assets
5,379
4,638
Cash at bank and in hand
51,393
2,628
Creditors: amounts falling due within one year
(149,403)
(122,229)
Net current assets
51,181
52,203
Total assets less current liabilities
56,660
56,941
Provisions for liabilities
Deferred tax
(1,237)
(1,237)
Called up share capital
2
2
Profit and loss account
53,921
54,202
Shareholders' funds
55,423
55,704
For the year ending 28 February 2018 the company was entitled to exemption from audit 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 25 November 2018.
Jeremy Warren
Director
Company Registration No. 03311804
Neurosoft LTD.
Notes to the Accounts
for the year ended 28 February 2018
Neurosoft LTD. is a private company, limited by shares, registered in England and Wales, registration number 03311804. The registered office is MUTUAL HOUSE, 70 CONDUIT STREET, LONDON, W1S 2GF, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% on reducing balance
4
Tangible fixed assets
Plant & machinery
At 28 February 2018
42,574
At 28 February 2018
37,195
5
Investments
Subsidiary undertakings
Valuation at 1 March 2017
100
Valuation at 28 February 2018
100
Neurosoft LTD.
Notes to the Accounts
for the year ended 28 February 2018
Trade debtors
105,034
97,260
Accrued income and prepayments
2,981
2,436
Other debtors
41,176
72,108
7
Creditors: amounts falling due within one year
2018
2017
Taxes and social security
13,917
14,248
Other creditors
16,807
16,808
Deferred income
93,832
88,480
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan Account
28,551
-
-
28,551
Included within other debtors is an amount of £28,551 (2016 - £28394) due from the director Mr N Coles and the maximum amount outstanding during the year was £28,551. No fixed repayment has been set for the loan.
9
Transactions with related parties
Neurosoft Limited owns 50% of the issued share capital in Neurosoft Securities Limited, a company registered in England and Wales. Neurosoft Limited charged license fees to Neurosoft Securities Limited of £75,000 (2016 - £65,000) in the year ending 28th February 2017. As at 28th February 2017, £96,000 (2016 - £96,000) was still owed by Neurosoft Securities Limited.
10
Average number of employees
During the year the average number of employees was 3 (2017: 3).
