AUDLEM SOFTWARE LTD - Filleted accounts

AUDLEM SOFTWARE LTD
Balance Sheet
as at 30 April 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		277			319

			277			319

Current assets
Debtors	4	2,772			2,250
Cash at bank and in hand		1,587			4,035

		4,359			6,285

Creditors: amounts falling due within one year	5	(49,801)			(48,709)

Net current liabilities			(45,442)			(42,424)

Total assets less current liabilities			(45,165)			(42,105)

Net liabilities			(45,165)			(42,105)

Capital and reserves
Called up share capital			100			100
Profit and loss account			(45,265)			(42,205)

Shareholders' funds			(45,165)			(42,105)


The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




MRS. S.A. FORD
Director
Approved by the board on 12 January 2026

AUDLEM SOFTWARE LTD
Notes to the Accounts
for the year ended 30 April 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life, as follows:

	Office equipment	25% reducing balance basis
	Computer hardware and software	33⅓% straight line basis

	Work in progress
	Work in progress is measured at the lower of cost and estimated selling price less costs to complete and sell.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price).

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted.



	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			3		3


3	Tangible fixed assets
		Office equipment		Computer hardware and software		Total
£			£		£
	Cost
	At 1 May 2024	712		31,962		32,674
	Additions	-		403		403
	At 30 April 2025	712		32,365		33,077

	Depreciation
	At 1 May 2024	703		31,652		32,355
	Charge for the year	-		445		445
	At 30 April 2025	703		32,097		32,800

	Net book value
	At 30 April 2025	9		268		277
	At 30 April 2024	9		310		319




4	Debtors			2025		2024
£					£

	Trade debtors			1,121		725
	Prepayments			1,651		1,525
				2,772		2,250


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Trade creditors			1,730		1,800
	Other taxes and social security costs			39		163
	Directors' loan account			48,032		46,746
				49,801		48,709


6	Controlling party
	The ultimate controlling party throughout the year was Dr. L.O. Ford, a director and shareholder in the company.


7	Other information
	AUDLEM SOFTWARE LTD is a private company limited by shares and incorporated in England (Company Number 04180206). Its registered office is Oakland, Crew Green, Shrewsbury, Powys, SY5 9AS.