COMPLYNC LIMITED

Company Registration Number:
07054859 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2024

Period of accounts

Start date: 01 November 2023

End date: 31 October 2024

COMPLYNC LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2024

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

COMPLYNC LIMITED

Company Information

for the Period Ended 31 October 2024




Director: MARK WILLIAM PURNELL
COLIN PAYNE
Registered office: 32
Waldorf Heights
Blackwater
Camberley
Surrey
GU17 9JH
Company Registration Number: 07054859 (England and Wales)

COMPLYNC LIMITED

Directors' Report Period Ended 31 October 2024

The directors present their report with the financial statements of the company for the period ended 31 October 2024

Principal Activities

THE DEVELOPMENT AND PROVISION OF UNIQUE FACILITIES MANAGEMENT SOFTWARE PRODUCTS

Directors

The directors shown below have held office during the whole of the period from 01 November 2023 to 31 October 2024
MARK WILLIAM PURNELL
COLIN PAYNE

This report was approved by the board of directors on 26 July 2025
And Signed On Behalf Of The Board By:

Name: MARK WILLIAM PURNELL
Status: Director

COMPLYNC LIMITED

Profit and Loss Account

for the Period Ended 31 October 2024


Notes

2024
£

2023
£
Gross Profit or (Loss) 35,517 55,696
Administrative Expenses ( 69,153 ) ( 118,818 )
Operating Profit or (Loss) ( 33,636 ) ( 63,122 )
Interest Receivable and Similar Income 37 1
Interest Payable and Similar Charges ( 84 ) ( 155 )
Profit or (Loss) Before Tax ( 33,683 ) ( 63,276 )
Tax on Profit ( 0 ) ( 0 )
Profit or (Loss) for Period ( 33,683 ) ( 63,276 )

The notes form part of these financial statements

COMPLYNC LIMITED

Balance sheet

As at 31 October 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 4 42,609 51,647
Tangible assets: 5 1,645 2,276
Total fixed assets: 44,254 53,923
Current assets
Stocks: 5,252 25,676
Cash at bank and in hand: 250 25,995
Total current assets: 5,502 51,671
Creditors: amounts falling due within one year: ( 444,102 ) ( 466,354 )
Net current assets (liabilities): ( 438,600 ) ( 414,683 )
Total assets less current liabilities: ( 394,346 ) ( 360,760 )
Creditors: amounts falling due after more than one year: ( 0 ) ( 0 )
Accruals and deferred income: ( 21,965 )
Total net assets (liabilities): ( 394,346 ) ( 382,725 )

The notes form part of these financial statements

COMPLYNC LIMITED

Balance sheet continued

As at 31 October 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 150,200 150,200
Profit and loss account: ( 544,546 ) ( 532,925 )
Shareholders funds: ( 394,346 ) ( 382,725 )

For the year ending 31 October 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.

The members have agreed to the preparation of abridged accounts for this accounting period 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.

This report was approved by the board of directors on 26 July 2025
And Signed On Behalf Of The Board By:

Name: MARK WILLIAM PURNELL
Status: Director

The notes form part of these financial statements

COMPLYNC LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 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

COMPLYNC LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 2 3

COMPLYNC LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 3. Off balance sheet disclosure

    No

COMPLYNC LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 4. Intangible assets

    Total
    Cost £
    At 01 November 2023 75,000
    Additions -
    Disposals -
    Revaluations -
    Transfers -
    At 31 October 2024 75,000
    Amortisation
    Amortisation at 01 November 2023 23,353
    Charge for year 9,038
    On disposals -
    Other adjustments -
    Amortisation at 31 October 2024 32,391
    Net book value
    Net book value at 31 October 2024 42,609
    Net book value at 31 October 2023 51,647

    REPRESENTS CAPITALISED RESEARCH AND DEVELOPMENT EXPENDITURE OVER PAST 4 YEARS DEVELOPING EZCOMPLY PRODUCT

COMPLYNC LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

5. Tangible Assets

Total
Cost £
At 01 November 2023 13,277
Additions -
Disposals (341)
Revaluations -
Transfers -
At 31 October 2024 12,936
Depreciation
At 01 November 2023 11,001
Charge for year 290
On disposals -
Other adjustments -
At 31 October 2024 11,291
Net book value
At 31 October 2024 1,645
At 31 October 2023 2,276

OFFICE EQUIPMENT