1 January 2024 v2025.63.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP130866062024-01-012024-12-31130866062024-12-31130866062023-12-3113086606core:WithinOneYear2024-12-3113086606core:WithinOneYear2023-12-3113086606core:ShareCapital2024-12-3113086606core:ShareCapital2023-12-3113086606core:RetainedEarningsAccumulatedLosses2023-12-3113086606bus:Director12024-01-012024-12-3113086606bus:RegisteredOffice2024-01-012024-12-3113086606core:FurnitureFittings2024-01-012024-12-31130866062023-01-012023-12-3113086606core:PlantMachinery2024-12-3113086606core:PlantMachinery2024-01-0113086606core:PlantMachinery2024-01-012024-12-3113086606core:PlantMachinery2023-12-3113086606core:CostValuation2024-01-0113086606core:AdditionsToInvestments2024-12-3113086606core:CostValuation2024-12-311308660612024-01-012024-12-3113086606countries:EnglandWales2024-01-012024-12-3113086606bus:AuditExempt-NoAccountantsReport2024-01-012024-12-3113086606bus:PrivateLimitedCompanyLtd2024-01-012024-12-3113086606bus:SmallEntities2024-01-012024-12-3113086606bus:FullAccounts2024-01-012024-12-31
Company registration number:
13086606
UK Software Development Ltd
Unaudited Filleted Financial Statements for the year ended
31 December 2024
UK Software Development Ltd
Statement of Financial Position
31 December 2024
20242023
Note££
Fixed assets    
Tangible assets 5
141
 
187
 
Investments 6
8,270
 
(12,550
 )
8,411
 
(12,363
 )
Current assets    
Debtors 7
118,591
 
70,153
 
Cash at bank and in hand
1,117
 
3,667
 
119,708
 
73,820
 
Creditors: amounts falling due within one year 8
(127,434
 )
(14,637
 )
Net current (liabilities)/assets
(7,726
 )
59,183
 
Total assets less current liabilities 685   46,820  
Capital and reserves    
Called up share capital
685
 
685
 
Profit and loss account -  
46,135
 
Shareholders funds
685
 
46,820
 
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.
Directors' responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
financial statements
have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.
In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered.
These
financial statements
were approved by the board of directors and authorised for issue on
1 October 2025
, and are signed on behalf of the board by:
Mr. P Seed
Director
Company registration number:
13086606
UK Software Development Ltd
Notes to the Financial Statements
Year ended
31 December 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Bramhall House, 14 Ack Lane East
,
Bramhall
,
Stockport
,
SK7 2BY
, England.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Fixtures and fittings
20% straight line

4 Average number of employees

The average number of persons employed by the company during the year was
2
(2023:
1.00
).

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 January 2024
and
31 December 2024
229
 
Depreciation  
At
1 January 2024
42
 
Charge
46
 
At
31 December 2024
88
 
Carrying amount  
At
31 December 2024
141
 
At 31 December 2023
187
 

6 Investments

Other investments other than loans
£
Cost  
At
1 January 2024
(12,550
 )
Additions
20,820
 
At
31 December 2024
8,270
 
Impairment  
At
1 January 2024
and
31 December 2024
 -  
Carrying amount  
At
31 December 2024
8,270
 
At 31 December 2023
(12,550
 )

7 Debtors

20242023
££
Trade debtors
61,611
  -  
Amounts owed by group undertakings and undertakings in which the company has a participating interest
1,100
  -  
Other debtors
55,880
 
70,153
 
118,591
 
70,153
 

8 Creditors: amounts falling due within one year

20242023
££
Trade creditors
7,143
 
3,219
 
Taxation and social security
61,603
 
11,168
 
Other creditors
58,688
 
250
 
127,434
 
14,637
 

9 Directors' advances, credit and guarantees

During the period, Mr Spencer Pickett took an unsecured, interest-free loan from the company for £26,050. The loan is repayable on demand and in full. The loan was repaid within the 9 months following the tax year-end.
During the period, Mr Paul Seed took an unsecured, interest-free loan from the company for £16,910. The loan is repayable on demand and in full. The loan was repaid within the 9 months following the tax year-end.