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REGISTERED NUMBER: 05882885 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 December 2021

for

FLORISOFT LIMITED

FLORISOFT LIMITED (REGISTERED NUMBER: 05882885)






Contents of the Financial Statements
for the Year Ended 31 December 2021




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4

Accountants' Report 7

FLORISOFT LIMITED

Company Information
for the Year Ended 31 December 2021







DIRECTORS: M Bennett
J A Robson
Miss K L Bennett
Miss A R Bennett





SECRETARY: Mrs S Bennett





REGISTERED OFFICE: Old House Gardens
Hurworth on Tees
Darlington
Co. Durham
DL2 2JD





REGISTERED NUMBER: 05882885 (England and Wales)





ACCOUNTANTS: Mitchell Gordon LLP
43 Coniscliffe Road
Darlington
Co. Durham
DL3 7EH

FLORISOFT LIMITED (REGISTERED NUMBER: 05882885)

Abridged Balance Sheet
31 December 2021

31/12/21 31/12/20
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 135,127 73,800
Tangible assets 5 19,196 1,497
154,323 75,297

CURRENT ASSETS
Debtors 5,450 4,343
Cash at bank 126,455 31,240
131,905 35,583
CREDITORS
Amounts falling due within one year 111,901 85,220
NET CURRENT ASSETS/(LIABILITIES) 20,004 (49,637 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

174,327

25,660

CREDITORS
Amounts falling due after more than one
year

6

202,420

28,671
NET LIABILITIES (28,093 ) (3,011 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (28,193 ) (3,111 )
(28,093 ) (3,011 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 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.

FLORISOFT LIMITED (REGISTERED NUMBER: 05882885)

Abridged Balance Sheet - continued
31 December 2021


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2021 in accordance with Section 444(2A) of the Companies Act 2006.

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 6 September 2022 and were signed on its behalf by:





M Bennett - Director


FLORISOFT LIMITED (REGISTERED NUMBER: 05882885)

Notes to the Financial Statements
for the Year Ended 31 December 2021

1. STATUTORY INFORMATION

Florisoft 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.

The financial statements have been prepared under the going concern basis of accounting.

At the balance sheet date, liabilities exceeded assets by £28,093. The director has confirmed that they will continue to give financial assistance if deemed prejudical to the company.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

Computer software is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 20% on cost
Computer equipment - 25% on cost

Taxation
Taxation for the year 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.


FLORISOFT LIMITED (REGISTERED NUMBER: 05882885)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

2. ACCOUNTING POLICIES - continued
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 year 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2020 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2021 82,000
Additions 69,527
At 31 December 2021 151,527
AMORTISATION
At 1 January 2021 8,200
Amortisation for year 8,200
At 31 December 2021 16,400
NET BOOK VALUE

At 31 December 2021 135,127
At 31 December 2020 73,800

FLORISOFT LIMITED (REGISTERED NUMBER: 05882885)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2021 26,207
Additions 19,307
At 31 December 2021 45,514
DEPRECIATION
At 1 January 2021 24,710
Charge for year 1,608
At 31 December 2021 26,318
NET BOOK VALUE
At 31 December 2021 19,196
At 31 December 2020 1,497

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
31/12/21 31/12/20
£    £   
Repayable by instalments
Bank loans more 5 yr by instal 13,500 -

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2021 and 31 December 2020:

31/12/21 31/12/20
£    £   
M Bennett
Balance outstanding at start of year - -
Amounts advanced 355 -
Amounts repaid (355 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

The above advance is interest free and repayable on demand.

Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Florisoft Limited

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 Abridged Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Florisoft Limited for the year ended 31 December 2021 which comprise the Abridged Income Statement, Abridged Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Florisoft Limited, as a body, in accordance with the terms of our engagement letter dated 3 May 2022. Our work has been undertaken solely to prepare for your approval the financial statements of Florisoft Limited and state those matters that we have agreed to state to the Board of Directors of Florisoft Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Florisoft Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Florisoft Limited. You consider that Florisoft Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Florisoft Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Mitchell Gordon LLP
43 Coniscliffe Road
Darlington
Co. Durham
DL3 7EH


6 September 2022