FOR-SIGHT SOFTWARE LIMITED

Company Registration Number:
SC114093 (Scotland)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

FOR-SIGHT SOFTWARE LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

FOR-SIGHT SOFTWARE LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 432,355 658,207
Tangible assets: 4 7,124 12,213
Investments:   0 0
Total fixed assets: 439,479 670,420
Current assets
Stocks: 0 0
Debtors:   396,036 600,328
Cash at bank and in hand: 510,799 502,178
Investments:   0 0
Total current assets: 906,835 1,102,506
Creditors: amounts falling due within one year:   (206,704) (186,571)
Net current assets (liabilities): 700,131 915,935
Total assets less current liabilities: 1,139,610 1,586,355
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): 1,139,610 1,586,355
Capital and reserves
Called up share capital: 14,500 14,500
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 500 500
Profit and loss account: 1,124,610 1,571,355
Shareholders funds: 1,139,610 1,586,355

The notes form part of these financial statements

FOR-SIGHT SOFTWARE LIMITED

Balance sheet statements

For the year ending 31 December 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 12 May 2025
and signed on behalf of the board by:

Name: Richard Bolton
Status: Director

The notes form part of these financial statements

FOR-SIGHT SOFTWARE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FOR-SIGHT SOFTWARE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 25 28

FOR-SIGHT SOFTWARE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Intangible Assets

Total
Cost £
At 01 January 2024 1,129,246
At 31 December 2024 1,129,246
Amortisation
At 01 January 2024 471,039
Charge for year 225,852
At 31 December 2024 696,891
Net book value
At 31 December 2024 432,355
At 31 December 2023 658,207

FOR-SIGHT SOFTWARE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Tangible Assets

Total
Cost £
At 01 January 2024 54,683
Additions 1,273
Disposals (13,076)
At 31 December 2024 42,880
Depreciation
At 01 January 2024 42,470
Charge for year 6,362
On disposals (13,076)
At 31 December 2024 35,756
Net book value
At 31 December 2024 7,124
At 31 December 2023 12,213

FOR-SIGHT SOFTWARE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Changes in presentation and prior period adjustments

£250,000 was added to debtors to reflect the final amount of the sale of the subsidiary in August 2021, received in April 2024.