Company No: 08954437 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTOR

Katie Boyes

REGISTERED OFFICE	48 Mount Ephraim
	Tunbridge Wells
	TN4 8AU
	United Kingdom

COMPANY NUMBER

08954437 (England and Wales)

ACCOUNTANT	Synergee
	Pluto House
	6 Vale Avenue
	Tunbridge Wells
	TN1 1DJ

	Note	31.07.2025		31.07.2024
		£		£
Fixed assets
Intangible assets	3	29,234		51,479
Tangible assets	4	21,555		3,968
		50,789		55,447
Current assets
Debtors	5	1,274,320		1,084,048
		1,274,320		1,084,048
Creditors: amounts falling due within one year	6	( 1,154,579)		( 966,044)
Net current assets		119,741		118,004
Total assets less current liabilities		170,530		173,451
Creditors: amounts falling due after more than one year	7	( 136,712)		( 164,061)
Net assets		33,818		9,390
Capital and reserves
Called-up share capital	8	1,000		1,000
Profit and loss account		32,818		8,390
Total shareholders' funds		33,818		9,390

For the financial year ending 31 July 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Resident Property Software Ltd (registered number: 08954437) were approved and authorised for issue by the Director on 24 July 2026. They were signed on its behalf by:

Katie Boyes Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Resident Property Software Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 48 Mount Ephraim, Tunbridge Wells, TN4 8AU, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised.

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all the following conditions are satisfied:
- the amount of revenue can measured reliably;
- it is probable that the Company will receive the consideration due under the contract; and
- the stage of completion of the contract at the end of the reporting period can be measured reliably.

Deferred income represents advances received and for which the criteria for recognition as revenue has not been met

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Statement of Income and Retained Earnings in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either Other Creditors or Prepayments in the Balance Sheet.

Taxation

Current tax
Tax is recognised in the statement of income and Retained earnings, except that a charge attributable to an item of the income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly on the equity respectively.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

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.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Other intangible assets

10 years straight line

Research and development

Research expenditure is written off as incurred. Development expenditure is also written off, except where the director is satisfied as to the technical, commercial and financial viability of individual projects. In such cases, the identifiable expenditure is capitalised as an intangible asset and amortised over the period during which the Company is expected to benefit. Provision made for any impairment is recognised in profit and loss.

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence, all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured.

If is is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.

Tangible fixed assets

Tangible fixed assets are stated at cost, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.

3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

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.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors; loans from banks and other third parties; loans to related parties and investments in non-puttable ordinary shares.

Debt instruments, other than those wholly payable or receivable within one year, including loans and other accounts receivable and payable are initially measured at the present value of future cash flows, and subsequently measured at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured at the undiscounted amount of consideration expected to be paid or received. If the arrangements of a short term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not at a market rate, the financial asset or liability is initially measured at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument, and subsequently measured at amortised cost.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment, and such impairments is recognised in total comprehensive income.

2. Employees

	31.07.2025		31.07.2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	6		6

3. Intangible assets

	Other intangible assets		Total
	£		£
Cost
At 01 August 2024	222,449		222,449
At 31 July 2025	222,449		222,449
Accumulated amortisation
At 01 August 2024	170,970		170,970
Charge for the financial year	22,245		22,245
At 31 July 2025	193,215		193,215
Net book value
At 31 July 2025	29,234		29,234
At 31 July 2024	51,479		51,479

4. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 August 2024	7,120		7,120
Additions	22,634		22,634
At 31 July 2025	29,754		29,754
Accumulated depreciation
At 01 August 2024	3,152		3,152
Charge for the financial year	5,047		5,047
At 31 July 2025	8,199		8,199
Net book value
At 31 July 2025	21,555		21,555
At 31 July 2024	3,968		3,968

5. Debtors

	31.07.2025		31.07.2024
	£		£
Trade debtors	428,725		353,170
Other debtors	845,595		730,878
	1,274,320		1,084,048

6. Creditors: amounts falling due within one year

	31.07.2025		31.07.2024
	£		£
Bank overdrafts	17,061		7,448
Trade creditors	27,968		27,290
Taxation and social security	170,834		124,928
Other creditors	938,716		806,378
	1,154,579		966,044

7. Creditors: amounts falling due after more than one year

	31.07.2025		31.07.2024
	£		£
Other creditors	136,712		164,061

8. Called-up share capital

	31.07.2025		31.07.2024
	£		£
Allotted, called-up and fully-paid
600 Ordinary A shares of £ 1.00 each	600		600
400 Ordinary B shares of £ 1.00 each	400		400
	1,000		1,000

9. Related party transactions

Transactions with the entity's director

Advances

As at 31 July 2025, the director owed £294,735 (2024: £323,701) to the company. In the year then ended, £294,735 was advanced, £323,701 has been repaid, £nil has been written off, and £nil has been waived.

Amounts advanced to directors are unsecured and repayable on demand. Interest is charged at HMRC's official rate.