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Company Registration No. 10406193 (England and Wales)
Simon Newman Software Development Limited Unaudited accounts for the year ended 31 October 2024
Simon Newman Software Development Limited Unaudited accounts Contents
Page
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Simon Newman Software Development Limited Company Information for the year ended 31 October 2024
Director
Mr Simon Newman
Company Number
10406193 (England and Wales)
Registered Office
318 Park Road Cowes Isle of Wight PO31 7NN United Kingdom
Accountants
Caryn March Accountants Limited 7 St Edmunds Walk Wootton Bridge Ryde Isle of Wight PO33 4JB
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Simon Newman Software Development Limited Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
2,189 
Current assets
Cash at bank and in hand
49,717 
69,350 
Creditors: amounts falling due within one year
(454)
(17,553)
Net current assets
49,263 
51,797 
Net assets
49,263 
53,986 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
49,163 
53,886 
Shareholders' funds
49,263 
53,986 
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 July 2025 and were signed on its behalf by
Mr Simon Newman Director Company Registration No. 10406193
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Simon Newman Software Development Limited Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Simon Newman Software Development Limited is a private company, limited by shares, registered in England and Wales, registration number 10406193. The registered office is 318 Park Road, Cowes, Isle of Wight, PO31 7NN, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
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 from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
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 estimated useful lives:
Fixtures & fittings
25% on reducing balance
Computer equipment
33% on cost
Presentation currency
The accounts are presented in £ sterling.
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 November 2023
9,214 
Additions
480 
Disposals
(9,694)
At 31 October 2024
- 
Depreciation
At 1 November 2023
7,025 
On disposals
(7,025)
At 31 October 2024
- 
Net book value
At 31 October 2024
- 
At 31 October 2023
2,189 
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Simon Newman Software Development Limited Notes to the Accounts for the year ended 31 October 2024
5
Average number of employees
During the year the average number of employees was 0 (2023: 1).
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