FOR-SIGHT SOFTWARE LIMITED

Company Registration Number:
SC114093 (Scotland)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 01 January 2022

End date: 31 December 2022

FOR-SIGHT SOFTWARE LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

FOR-SIGHT SOFTWARE LIMITED

Balance sheet

As at 31 December 2022


Notes

2022

2021


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 884,059 546,064
Tangible assets: 4 14,355 33,481
Total fixed assets: 898,414 579,545
Current assets
Stocks: 0 810
Debtors:   601,113 550,297
Cash at bank and in hand: 738,166 1,223,911
Total current assets: 1,339,279 1,775,018
Creditors: amounts falling due within one year:   (841,103) (557,077)
Net current assets (liabilities): 498,176 1,217,941
Total assets less current liabilities: 1,396,590 1,797,486
Total net assets (liabilities): 1,396,590 1,797,486
Capital and reserves
Called up share capital: 14,500 14,540
Other reserves: 500 500
Profit and loss account: 1,381,590 1,782,446
Shareholders funds: 1,396,590 1,797,486

The notes form part of these financial statements

FOR-SIGHT SOFTWARE LIMITED

Balance sheet statements

For the year ending 31 December 2022 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 September 2023
and signed on behalf of the board by:

Name: Richard Bolton
Status: Director

The notes form part of these financial statements

FOR-SIGHT SOFTWARE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

FOR-SIGHT SOFTWARE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

2. Employees

2022 2021
Average number of employees during the period 30 30

FOR-SIGHT SOFTWARE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Intangible Assets

Total
Cost £
At 01 January 2022 612,292
Additions 516,955
At 31 December 2022 1,129,247
Amortisation
At 01 January 2022 66,228
Charge for year 178,960
At 31 December 2022 245,188
Net book value
At 31 December 2022 884,059
At 31 December 2021 546,064

FOR-SIGHT SOFTWARE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Tangible Assets

Total
Cost £
At 01 January 2022 71,250
Disposals (18,186)
At 31 December 2022 53,064
Depreciation
At 01 January 2022 37,769
Charge for year 19,126
On disposals (18,186)
At 31 December 2022 38,709
Net book value
At 31 December 2022 14,355
At 31 December 2021 33,481