GIGASOFT DATA PROTECTION LIMITED

Company Registration Number:
05805761 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

GIGASOFT DATA PROTECTION LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

GIGASOFT DATA PROTECTION LIMITED

Balance sheet

As at 31 March 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 630,431 637,789
Total fixed assets: 630,431 637,789
Current assets
Debtors:   374,373 414,172
Cash at bank and in hand: 9,358 15,032
Total current assets: 383,731 429,204
Creditors: amounts falling due within one year:   (391,896) (417,330)
Net current assets (liabilities): (8,165) 11,874
Total assets less current liabilities: 622,266 649,663
Creditors: amounts falling due after more than one year:   (342,600) (376,712)
Provision for liabilities: 0 (1,360)
Total net assets (liabilities): 279,666 271,591
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 278,666 270,591
Shareholders funds: 279,666 271,591

The notes form part of these financial statements

GIGASOFT DATA PROTECTION LIMITED

Balance sheet statements

For the year ending 31 March 2025 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 28 August 2025
and signed on behalf of the board by:

Name: Mr M Whitting
Status: Director

The notes form part of these financial statements

GIGASOFT DATA PROTECTION LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

1. Accounting policies

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

Turnover policy

Turnover represents amounts receivable for goods and services net of VAT and trade discounts. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Tangible fixed assets and depreciation policy

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following basis:- Land and buildings Freehold No Charge Fixtures, fittings and equipment 25% straight line The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss

Other accounting policies

Intangible Fixed Assets - Goodwill Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life, which is 10 years. National Westminster Bank Plc have a fixed and floating charge over the undertaking in relation to all monies due or to become due. The fixed and floating charges covers all property and assets present and future, including goodwill, uncalled share capital, buildings, fixtures and plant and machinery

GIGASOFT DATA PROTECTION LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

2025 2024
Average number of employees during the period 5 5

GIGASOFT DATA PROTECTION LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible Assets

Total
Cost £
At 01 April 2024 1,068,867
Additions 390
At 31 March 2025 1,069,257
Depreciation
At 01 April 2024 431,078
Charge for year 7,748
At 31 March 2025 438,826
Net book value
At 31 March 2025 630,431
At 31 March 2024 637,789

GIGASOFT DATA PROTECTION LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Related party transactions

The parent company, Gigasoft Holdings Plc and its subsidiaries have taken advantage of exemption section 33 of FRS 102 from disclosing transactions with other members of the group