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REGISTERED NUMBER: 12453162 (England and Wales)















Financial Statements for the Year Ended 29 February 2024

for

Saasy Software Ltd

Saasy Software Ltd (Registered number: 12453162)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Saasy Software Ltd

Company Information
for the Year Ended 29 February 2024







DIRECTOR: A D Daly





REGISTERED OFFICE: The Overhangs
55A Peach Street
Wokingham
Berkshire
RG40 1XP





REGISTERED NUMBER: 12453162 (England and Wales)





ACCOUNTANTS: Millward, May & Co
The Overhangs
55a Peach Street
Wokingham
Berkshire
RG40 1XP

Saasy Software Ltd (Registered number: 12453162)

Statement of Financial Position
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 301 674

CURRENT ASSETS
Debtors 5 29,656 7,461
Cash at bank 11,342 21,697
40,998 29,158
CREDITORS
Amounts falling due within one year 6 25,856 10,732
NET CURRENT ASSETS 15,142 18,426
TOTAL ASSETS LESS CURRENT LIABILITIES 15,443 19,100

PROVISIONS FOR LIABILITIES 57 -
NET ASSETS 15,386 19,100

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 15,385 19,099
SHAREHOLDERS' FUNDS 15,386 19,100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 October 2024 and were signed by:





A D Daly - Director


Saasy Software Ltd (Registered number: 12453162)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Saasy Software Ltd 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 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.

Fixtures and fittings - 3 year straight line
Computer equipment - 3 year straight line

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Saasy Software Ltd (Registered number: 12453162)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 March 2023 2,858 - 2,858
Additions 246 183 429
At 29 February 2024 3,104 183 3,287
DEPRECIATION
At 1 March 2023 2,184 - 2,184
Charge for year 756 46 802
At 29 February 2024 2,940 46 2,986
NET BOOK VALUE
At 29 February 2024 164 137 301
At 28 February 2023 674 - 674

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 17,240 7,429
Other debtors 12,416 32
29,656 7,461

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Taxation and social security 10,873 10,730
Other creditors 14,983 2
25,856 10,732

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
120 Ordinary 0.01 1 1

8. RELATED PARTY DISCLOSURES

During the period the company maintained a loan with a connected company, SaaSy Money Ltd. The companies are connected through the significant interest of the director. At the period end SaaSy Money Ltd owed the company £11,740. This loan is shown within other debtors.

During the period the director maintained a loan account with the company. At the period end the company owed the director £13,933 (2023 the director owed the company £32). This loan is interest free, repayable on demand and shown within other creditors.