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REGISTERED NUMBER: 07167307 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

Transpose Software Limited

Transpose Software Limited (Registered number: 07167307)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

Transpose Software Limited

Company Information
for the Year Ended 28 February 2023







DIRECTORS: Mr D Randall
Mrs S Randall





SECRETARY: Mrs S Randall





REGISTERED OFFICE: 128 Charles Street
Leicester
LE1 1LB





REGISTERED NUMBER: 07167307 (England and Wales)





ACCOUNTANTS: M Cubed Chartered Accountants
9 De Montfort Street
Leicester
Leicestershire
LE1 7GE

Transpose Software Limited (Registered number: 07167307)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,323,687 93,852

CURRENT ASSETS
Debtors 5 356,349 328,398
Cash at bank 540,720 1,123,016
897,069 1,451,414
CREDITORS
Amounts falling due within one year 6 (160,864 ) (114,886 )
NET CURRENT ASSETS 736,205 1,336,528
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,059,892

1,430,380

CAPITAL AND RESERVES
Called up share capital 292 292
Capital redemption reserve 11 11
Retained earnings 2,059,589 1,430,077
2,059,892 1,430,380

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 November 2023 and were signed on its behalf by:





Mr D Randall - Director


Transpose Software Limited (Registered number: 07167307)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Transpose 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.

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.

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.
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost

Financial instruments
Basic financial assets, which includes debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortisation cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

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 12 (2022 - 9 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 March 2022 - 309,872 309,872
Additions 1,252,179 30,761 1,282,940
At 28 February 2023 1,252,179 340,633 1,592,812
DEPRECIATION
At 1 March 2022 - 216,020 216,020
Charge for year - 53,105 53,105
At 28 February 2023 - 269,125 269,125
NET BOOK VALUE
At 28 February 2023 1,252,179 71,508 1,323,687
At 28 February 2022 - 93,852 93,852

Transpose Software Limited (Registered number: 07167307)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 171,210 153,679
Other debtors 185,139 174,719
356,349 328,398

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade creditors 8,640 14,400
Taxation and social security 96,687 73,623
Other creditors 55,537 26,863
160,864 114,886

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2023 and 28 February 2022:

28.2.23 28.2.22
£    £   
Mr D Randall
Balance outstanding at start of year (20,868 ) (193 )
Amounts advanced 40,063 58,155
Amounts repaid (62,000 ) (78,830 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (42,805 ) (20,868 )

8. RELATED PARTY DISCLOSURES

Within other debtors there is a balance outstanding of £179,984 (2022 £174,719) owing by BRRR Limited a company in which David Randall is a director and shareholder of.

Within the year, the company provided goods and services to Transpose Supply Limited of £7,646.38 (2022 - £1,800) in which David Randall is a director and shareholder of.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Transpose Software 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 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 Transpose Software Limited for the year ended 28 February 2023 which comprise the Statement of Income and Retained Earnings, 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Transpose Software Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Transpose Software Limited and state those matters that we have agreed to state to the Board of Directors of Transpose Software Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Transpose Software Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Transpose Software 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 profit of Transpose Software Limited. You consider that Transpose Software 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 Transpose Software 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.






M Cubed Chartered Accountants
9 De Montfort Street
Leicester
Leicestershire
LE1 7GE


Date: .............................................