USERSOFT LTD

Company Registration Number:
08504613 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

USERSOFT LTD

Contents of the Financial Statements

for the Period Ended 30 April 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

USERSOFT LTD

Company Information

for the Period Ended 30 April 2024




Director: Panagiotis Balagiannis
Registered office: Piccadilly Business Centre
Unit C Aldow Enterprise Park
Blackett Street
Manchester
GBR
M12 6AE
Company Registration Number: 08504613 (England and Wales)

USERSOFT LTD

Directors' Report Period Ended 30 April 2024

The directors present their report with the financial statements of the company for the period ended 30 April 2024

Principal Activities

46510 - Wholesale of computers, computer peripheral equipment and software 58290 - Other software publishing 62012 - Business and domestic software development 63110 - Data processing, hosting and related activities

Additional information

Basis of measurement and preparation . These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102 Tangible fixed assets depreciation policy Tangible fixed assets depreciation policy . 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 useful lives: Plant & machinery 20% Straight line Fixtures & fittings 20% Straight line Computer equipment 33% Reducing balance . Other accounting policies Basis of preparation . The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets. Presentation currency. The accounts are presented in sterling.

Directors

The directors shown below have held office during the whole of the period from 01 May 2023 to 30 April 2024
Panagiotis Balagiannis

This report was approved by the board of directors on 29 January 2025
And Signed On Behalf Of The Board By:

Name: Panagiotis Balagiannis
Status: Director

USERSOFT LTD

Profit and Loss Account

for the Period Ended 30 April 2024


Notes

2024
£

2023
£
Turnover 710 10,543
Cost of sales ( 672 ) ( 10,025 )
Gross Profit or (Loss) 38 518
Administrative Expenses ( 63 ) ( 512 )
Operating Profit or (Loss) ( 25 ) 6
Profit or (Loss) Before Tax ( 25 ) 6
Tax on Profit - ( 1 )
Profit or (Loss) for Period ( 25 ) 5

The notes form part of these financial statements

USERSOFT LTD

Balance sheet

As at 30 April 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 41 55
Total fixed assets: 41 55
Current assets
Cash at bank and in hand: 4 30
Total current assets: 4 30
Net current assets (liabilities): 4 30
Total assets less current liabilities: 45 85
Total net assets (liabilities): 45 85

The notes form part of these financial statements

USERSOFT LTD

Balance sheet continued

As at 30 April 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: ( 955 ) ( 915 )
Shareholders funds: 45 85

For the year ending 30 April 2024 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.

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

This report was approved by the board of directors on 29 January 2025
And Signed On Behalf Of The Board By:

Name: Panagiotis Balagiannis
Status: Director

The notes form part of these financial statements

USERSOFT LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Tangible fixed assets depreciation policy .
    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 useful lives:
    Plant & machinery 20% Straight line
    Fixtures & fittings 20% Straight line
    Computer equipment 33% Reducing balance .

    Other accounting policies

    Basis of preparation . The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets. Presentation currency. The accounts are presented in sterling.

USERSOFT LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

USERSOFT LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 3. Off balance sheet disclosure

    No

USERSOFT LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Tangible assets

Plant & machinery Office equipment Total
Cost £ £ £
At 01 May 2023 27 28 55
Additions - - -
Disposals - - -
Revaluations - - -
Transfers - - -
At 30 April 2024 27 28 55
Depreciation
At 01 May 2023 - - -
Charge for year 5 9 14
On disposals - - -
Other adjustments - - -
At 30 April 2024 5 9 14
Net book value
At 30 April 2024 22 19 41
At 30 April 2023 27 28 55

Tangible fixed assets depreciation policy .
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 useful lives:
Plant & machinery 20% Straight line
Fixtures & fittings 20% Straight line
Computer equipment 33% Reducing balance