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Company Registration No. 09640562 (England and Wales)
NEPTUNE SOFTWARE APPLICATION LTD Unaudited accounts for the year ended 31 December 2024
NEPTUNE SOFTWARE APPLICATION LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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NEPTUNE SOFTWARE APPLICATION LTD Company Information for the year ended 31 December 2024
Directors
Andreas Grydeland Sulejewski Ivar Blekastad
Company Number
09640562 (England and Wales)
Registered Office
8 Bishopsgate Bau/Huckletree Level 2 - Unit 7a London E16 2EZ United Kingdom
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NEPTUNE SOFTWARE APPLICATION LTD Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
17,909 
- 
Current assets
Debtors
5
2,837,698 
596,272 
Cash at bank and in hand
35,792 
140,909 
2,873,490 
737,181 
Creditors: amounts falling due within one year
6
(2,210,131)
(864,777)
Net current assets/(liabilities)
663,359 
(127,596)
Total assets less current liabilities
681,268 
(127,596)
Creditors: amounts falling due after more than one year
7
(3,055,050)
(1,544,154)
Provisions for liabilities
Other provisions
- 
(21,402)
Net liabilities
(2,373,782)
(1,693,152)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(2,373,882)
(1,693,252)
Shareholders' funds
(2,373,782)
(1,693,152)
For the year ending 31 December 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 Act with respect to accounting records and the preparation of accounts.
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 of Directors and authorised for issue on 18 September 2025 and were signed on its behalf by
Andreas Grydeland Sulejewski Director Company Registration No. 09640562
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NEPTUNE SOFTWARE APPLICATION LTD Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
NEPTUNE SOFTWARE APPLICATION LTD is a private company, limited by shares, registered in England and Wales, registration number 09640562. The registered office is 8 Bishopsgate, Bau/Huckletree, Level 2 - Unit 7a, London, E16 2EZ, 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
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Computer equipment
3 years
Prior Year Adjustment
The accounts have been restated to incorporate the impact of a misclassification of deferred revenue. The change has resulted in an decrease in the loss reported at 31 December 2023 by £8,694.47:
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2024
5,477 
Additions
23,311 
At 31 December 2024
28,788 
Depreciation
At 1 January 2024
5,477 
Charge for the year
5,402 
At 31 December 2024
10,879 
Net book value
At 31 December 2024
17,909 
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NEPTUNE SOFTWARE APPLICATION LTD Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,232,643 
475,108 
Amounts due from group undertakings etc.
836,456 
- 
Accrued income and prepayments
768,599 
121,164 
2,837,698 
596,272 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
137,473 
34,529 
Trade creditors
85,938 
38,089 
Amounts owed to group undertakings and other participating interests
- 
228,148 
Taxes and social security
127,650 
2,032 
Other creditors
700,978 
66,518 
Deferred income
1,158,092 
495,461 
2,210,131 
864,777 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Amounts owed to group undertakings and other participating interests
3,055,050 
1,544,154 
8
Controlling party
NEPTUNE SOFTWARE AS owns 100% of the shares of NEPTUNE SOFTWARE APPLICATION LTD and is the controlling party.
9
Average number of employees
During the year the average number of employees was 15 (2023: 10).
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