Registration number: 04856441

Docusoft Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 7

Docusoft Limited

(Registration number: 04856441)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed Assets
Tangible Assets	5	1,669	2,183
Current assets
Debtors	6	158,140	116,443
Cash at bank and in hand		431,577	470,542
		589,717	586,985
Creditors: Amounts falling due within one year	7	(122,935)	(125,867)
Net current assets		466,782	461,118
Total assets less current liabilities		468,451	463,301
Provisions for liabilities		(417)	(546)
Net assets		468,034	462,755
Capital and Reserves
Called up share capital	8	500	500
Retained Earnings		467,534	462,255
Shareholders' funds		468,034	462,755

Docusoft Limited

(Registration number: 04856441)
Balance Sheet as at 31 December 2024

For the financial 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.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised for issue by the Board on 30 September 2025 and signed on its behalf by:
 

S Chauhan

Director

Docusoft Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
30 Bear Street
BARNSTAPLE
Devon
EX32 7DD

These financial statements were authorised for issue by the Board on 30 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime). The changes to the prior year financial statements are as a result of the transition to Financial Reporting Standard 102 Section 1A and are not considered material so no additional disclosures have been included in these financial statements.

Basis of preparation

These financial statements have been prepared using the historical cost convention and on a going concern basis.

Revenue recognition

Turnover represents amounts received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Docusoft Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Tax

Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arrisen but not reversed by the balance sheet date. It is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office equipmentt	33% straight line

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like bank deposits, debtors and creditors.

3	Staff numbers

The average number of persons employed by the company (including directors under service contract) during the year, was 4 (2023 - 4). In addition, the company also utilises the services of Docusoft India Private Solutions Ltd which has a development team of 20 developers and during the year £90,000 was spent on these services (2023 - £112,000).

Docusoft Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 January 2024	2,000	2,000
At 31 December 2024	2,000	2,000
Amortisation
At 1 January 2024	2,000	2,000
At 31 December 2024	2,000	2,000
Carrying amount
At 31 December 2024	-	-

5	Tangible Assets

	Office equipment £	Total £
Cost or valuation
At 1 January 2024	31,929	31,929
Additions	1,290	1,290
Disposals	(274)	(274)
At 31 December 2024	32,945	32,945
Depreciation
At 1 January 2024	29,746	29,746
Charge for the year	1,804	1,804
Eliminated on disposal	(274)	(274)
At 31 December 2024	31,276	31,276
Carrying amount
At 31 December 2024	1,669	1,669
At 31 December 2023	2,183	2,183

Docusoft Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

6

Debtors

Current	Note	2024 £	2023 £
Trade Debtors		141,819	113,109
Amounts owed by related parties	9	2,500	-
Prepayments		13,821	3,334
		158,140	116,443

7

Creditors

Creditors: amounts falling due within one year

	Note	2024 £	2023 £
Due within one year
Loans and borrowings		19,729	14,022
Trade Creditors		23,868	2,989
Taxation and social security		73,627	99,145
Accruals and deferred income		3,686	5,207
Other creditors		2,025	4,504
		122,935	125,867

8	Share capital

Allotted, called up and fully paid shares

	2024		2023
	No.	£	No.	£
Ordinary shares of £1 each	500	500	500	500

Docusoft Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

9	Related party transactions

Directors' remuneration

The directors' remuneration for the year was as follows:

	2024 £	2023 £
Remuneration	25,140	23,403
Contributions paid to money purchase schemes	120,000	80,000
	145,140	103,403

Summary of transactions with other related parties

Docusoft Inc. Interest free loan of £2,500.