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REGISTERED NUMBER: 04812211 (England and Wales)

















Unaudited Financial Statements

for the Year Ended 30 June 2024

for

Oppolis Software Limited

Oppolis Software Limited (Registered number: 04812211)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Oppolis Software Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: D J Simcox
M James
T Flynn
Mrs D Simcox
Mrs K L Flynn
Mrs G E James





SECRETARY: Mrs D Simcox





REGISTERED OFFICE: International House
6 Market Street
Oakengates
Telford
Shropshire
TF2 6EF





REGISTERED NUMBER: 04812211 (England and Wales)





ACCOUNTANTS: Tranter Lowe (Oakengates) Limited
Chartered Accountants
International House
6 Market Street
Oakengates
Telford
Shropshire
TF2 6EF

Oppolis Software Limited (Registered number: 04812211)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 870 1,044
Tangible assets 5 17,276 16,791
18,146 17,835

CURRENT ASSETS
Debtors 6 235,813 142,485
Cash at bank 207,830 549,917
443,643 692,402
CREDITORS
Amounts falling due within one year 7 439,644 621,542
NET CURRENT ASSETS 3,999 70,860
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,145

88,695

CREDITORS
Amounts falling due after more than one
year

8

(10,834

)

(82,407

)

PROVISIONS FOR LIABILITIES (4,202 ) (4,055 )
NET ASSETS 7,109 2,233

CAPITAL AND RESERVES
Called up share capital 9 352 352
Retained earnings 6,757 1,881
SHAREHOLDERS' FUNDS 7,109 2,233

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 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.

Oppolis Software Limited (Registered number: 04812211)

Balance Sheet - continued
30 June 2024


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 25 March 2025 and were signed on its behalf by:





D J Simcox - Director


Oppolis Software Limited (Registered number: 04812211)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Oppolis 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.

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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

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 - 20% on reducing balance
Computer equipment - 50% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

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 13 (2023 - 13 ) .

Oppolis Software Limited (Registered number: 04812211)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. INTANGIBLE FIXED ASSETS
Patents
and
licences
£   
COST
At 1 July 2023
and 30 June 2024 1,740
AMORTISATION
At 1 July 2023 696
Amortisation for year 174
At 30 June 2024 870
NET BOOK VALUE
At 30 June 2024 870
At 30 June 2023 1,044

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 July 2023 13,210 30,786 43,996
Additions - 9,391 9,391
At 30 June 2024 13,210 40,177 53,387
DEPRECIATION
At 1 July 2023 6,121 21,084 27,205
Charge for year 1,418 7,488 8,906
At 30 June 2024 7,539 28,572 36,111
NET BOOK VALUE
At 30 June 2024 5,671 11,605 17,276
At 30 June 2023 7,089 9,702 16,791

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 86,148 98,378
Other debtors 1,433 7,860
Loan to Associated Company 144,739 31,237
Prepayments 3,493 5,010
235,813 142,485

Oppolis Software Limited (Registered number: 04812211)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Other loans 10,000 105,069
Trade creditors 1,465 1,326
Tax 53,577 38,522
Social security and other taxes 41,176 54,592
Other creditors 310,337 402,541
Directors' current accounts 22,032 18,469
Accrued expenses 1,057 1,023
439,644 621,542

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Other loans - 1-2 years 10,000 64,708
Other loans - 2-5 years 834 17,699
10,834 82,407

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
150 Ordinary Class A £1.00 150 150
50 Ordinary Class B £1.00 50 50
2 Ordinary Class C £1.00 2 2
150 Ordinary Class D £1.00 150 150
352 352

10. RELATED PARTY DISCLOSURES

At the Balance Sheet date the Company was owed £119,775 from OppSport Software Limited, a Company under the control of the directors (2023: £6,477).

At the Balance Sheet date the Company was owed £24,964 from Codemakr Limited, a Company under the control of the directors (2023: £24,760).