CRESSOFT CONSULTANCY LIMITED Filleted Accounts Cover
CRESSOFT CONSULTANCY LIMITED
Company No. 07628636
Information for Filing with The Registrar
31 May 2024
CRESSOFT CONSULTANCY LIMITED Directors Report Registrar
The Directors present their report and the accounts for the year ended 31 May 2024.
Principal activities
The principal activity of the company during the year under review was Information technology consultancy.
Directors
The Directors who served at any time during the year were as follows:
H.Z. Celep
Y.K. Ediz
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
H.Z. Celep
Director
20 February 2025
CRESSOFT CONSULTANCY LIMITED Balance Sheet Registrar
at
31 May 2024
Company No.
07628636
Notes
2024
2023
£
£
Fixed assets
Tangible assets
4
5,4181,835
5,4181,835
Current assets
Debtors
5
98,537141,380
Cash at bank and in hand
450,832424,300
549,369565,680
Creditors: Amount falling due within one year
6
(101,725)
(203,681)
Net current assets
447,644361,999
Total assets less current liabilities
453,062363,834
Net assets
453,062363,834
Capital and reserves
Called up share capital
100100
Profit and loss account
8
452,962363,734
Total equity
453,062363,834
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 31 May 2024 the company was entitled to exemption from audit 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 20 February 2025 and signed on its behalf by:
H.Z. Celep
Director
20 February 2025
CRESSOFT CONSULTANCY LIMITED Notes to the Accounts Registrar
for the year ended 31 May 2024
1
General information
CRESSOFT CONSULTANCY LIMITED is a private company limited by shares and incorporated in England and Wales.
Its registered number is: 07628636
Its registered office is:
97 Grove Road
Sutton
England
SM1 2DB
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2
Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Foreign currencies
The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.
Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. all differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.
3
Employees
2024
2023
Number
Number
The average monthly number of employees (including directors) during the year was:
21
4
Tangible fixed assets
Plant and machinery
Total
£
£
Cost or revaluation
At 1 June 2023
13,83713,837
Additions
5,0405,040
At 31 May 2024
18,87718,877
Depreciation
At 1 June 2023
12,00212,002
Charge for the year
1,4571,457
At 31 May 2024
13,45913,459
Net book values
At 31 May 2024
5,4185,418
At 31 May 2023
1,835
1,835
5
Debtors
2024
2023
£
£
Trade debtors
-111,380
Loans to directors
91,337-
Other debtors
7,20030,000
98,537141,380
6
Creditors:
amounts falling due within one year
2024
2023
£
£
Taxes and social security
85,042
202,100
Other creditors
4,2681,581
Accruals and deferred income
12,415-
101,725203,681
7
Share Capital
100 Ordinary shares each with a nominal value of £1 have been allocated, called up and fully paid
8
Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
9
Advances and credits to directors
2024
£
At 1 June 2023
30,000
Advanced in the period
91,337
Amounts repaid in the period
30,000
At 31 May 2024
91,337
Advances were repayable on demand, unsecured and subject to the official rate of interest.
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