Silverfin false false 31/10/2024 01/11/2023 31/10/2024 Mr M Zerdin 08/10/2021 23 July 2025 The principal activity of the Company during the financial year was software development and software publishing. 13669982 2024-10-31 13669982 bus:Director1 2024-10-31 13669982 2023-10-31 13669982 core:CurrentFinancialInstruments 2024-10-31 13669982 core:CurrentFinancialInstruments 2023-10-31 13669982 core:ShareCapital 2024-10-31 13669982 core:ShareCapital 2023-10-31 13669982 core:SharePremium 2024-10-31 13669982 core:SharePremium 2023-10-31 13669982 core:RetainedEarningsAccumulatedLosses 2024-10-31 13669982 core:RetainedEarningsAccumulatedLosses 2023-10-31 13669982 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-10-31 13669982 core:PatentsTrademarksLicencesConcessionsSimilar 2023-10-31 13669982 core:OtherResidualIntangibleAssets 2023-10-31 13669982 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-10-31 13669982 core:PatentsTrademarksLicencesConcessionsSimilar 2024-10-31 13669982 core:OtherResidualIntangibleAssets 2024-10-31 13669982 core:ComputerEquipment 2023-10-31 13669982 core:ComputerEquipment 2024-10-31 13669982 bus:OrdinaryShareClass1 2024-10-31 13669982 2023-11-01 2024-10-31 13669982 bus:FilletedAccounts 2023-11-01 2024-10-31 13669982 bus:SmallEntities 2023-11-01 2024-10-31 13669982 bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 13669982 bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 13669982 bus:Director1 2023-11-01 2024-10-31 13669982 core:PatentsTrademarksLicencesConcessionsSimilar core:TopRangeValue 2023-11-01 2024-10-31 13669982 core:OtherResidualIntangibleAssets core:TopRangeValue 2023-11-01 2024-10-31 13669982 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-11-01 2024-10-31 13669982 core:PatentsTrademarksLicencesConcessionsSimilar 2023-11-01 2024-10-31 13669982 core:ComputerEquipment core:TopRangeValue 2023-11-01 2024-10-31 13669982 2022-11-01 2023-10-31 13669982 core:OtherResidualIntangibleAssets 2023-11-01 2024-10-31 13669982 core:ComputerEquipment 2023-11-01 2024-10-31 13669982 bus:OrdinaryShareClass1 2023-11-01 2024-10-31 13669982 bus:OrdinaryShareClass1 2022-11-01 2023-10-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 13669982 (England and Wales)

CONFIGO SOFTWARE LIMITED

Unaudited Financial Statements
For the financial year ended 31 October 2024
Pages for filing with the registrar

CONFIGO SOFTWARE LIMITED

Unaudited Financial Statements

For the financial year ended 31 October 2024

Contents

CONFIGO SOFTWARE LIMITED

BALANCE SHEET

As at 31 October 2024
CONFIGO SOFTWARE LIMITED

BALANCE SHEET (continued)

As at 31 October 2024
Note 2024 2023
£ £
Fixed assets
Intangible assets 3 155,942 104,298
Tangible assets 4 1,205 2,147
157,147 106,445
Current assets
Debtors 5 738 45,994
Cash at bank and in hand 14,990 2,578
15,728 48,572
Creditors: amounts falling due within one year 6 ( 120,925) ( 108,289)
Net current liabilities (105,197) (59,717)
Total assets less current liabilities 51,950 46,728
Net assets 51,950 46,728
Capital and reserves
Called-up share capital 7 12 12
Share premium account 249,998 249,998
Profit and loss account ( 198,060 ) ( 203,282 )
Total shareholders' funds 51,950 46,728

For the financial year ending 31 October 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Configo Software Limited (registered number: 13669982) were approved and authorised for issue by the Director on 23 July 2025. They were signed on its behalf by:

Mr M Zerdin
Director
CONFIGO SOFTWARE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 2024
CONFIGO SOFTWARE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Configo Software Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 9 Heather Rise Bannerdown Road, Batheaston, Bath, BA1 7PL, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Revenue from services is recognised as they are delivered.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Development costs not amortised
Trademarks, patents and licences 10 years straight line
Other intangible assets 10 years straight line
Research and development

Research expenditure is written off as incurred. Development expenditure is also written off, except where the director is satisfied as to the technical, commercial and financial viability of individual projects. In such cases, the identifiable expenditure is capitalised as an intangible asset. Amortisation will begin once the asset is sellable. Provision is made for any impairment.

Trademarks, patents and licences

Separately acquired patents and trademarks are included at cost and amortised on a straight line basis over 10 years. Provision is made for any impairment.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight line basis over its expected useful life, as follows:

Computer equipment 4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 2

3. Intangible assets

Development costs Trademarks, patents
and licences
Other intangible assets Total
£ £ £ £
Cost
At 01 November 2023 100,355 1,810 2,571 104,736
Additions 52,082 0 0 52,082
At 31 October 2024 152,437 1,810 2,571 156,818
Accumulated amortisation
At 01 November 2023 0 181 257 438
Charge for the financial year 0 181 257 438
At 31 October 2024 0 362 514 876
Net book value
At 31 October 2024 152,437 1,448 2,057 155,942
At 31 October 2023 100,355 1,629 2,314 104,298

4. Tangible assets

Computer equipment Total
£ £
Cost
At 01 November 2023 3,769 3,769
At 31 October 2024 3,769 3,769
Accumulated depreciation
At 01 November 2023 1,622 1,622
Charge for the financial year 942 942
At 31 October 2024 2,564 2,564
Net book value
At 31 October 2024 1,205 1,205
At 31 October 2023 2,147 2,147

5. Debtors

2024 2023
£ £
Prepayments 0 139
VAT recoverable 738 3,616
Other debtors 0 42,239
738 45,994

6. Creditors: amounts falling due within one year

2024 2023
£ £
Trade creditors 59 18,672
Amounts owed to director 705 393
Other loans 94,000 84,000
Accruals 5,462 5,224
Other creditors 20,699 0
120,925 108,289

7. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
1,176,471 Ordinary shares of £ 0.00001 each 12 12

8. Financial commitments

Commitments

2024 2023
£ £
Total future minimum lease payments under non-cancellable operating lease 0 7,573

The company had rental commitments during 2023 which ended in 2024.

9. Related party transactions

Other related party transactions

2024 2023
£ £
Zany Ants Limited 94,000 84,000

A loan existed between Zany Ants Limited and the company. The loan is interest free and repayable on demand.