Mangolite Software Solutions Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: NI627963 (Northern Ireland)

Unaudited Financial Statements for the Year Ended 30 November 2025

for

Mangolite Software Solutions Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N K Nagineni

Mrs M Nalasani

SECRETARY:

REGISTERED OFFICE:

4 Brooke Hall

Belfast

BT8 6WB

REGISTERED NUMBER:

NI627963 (Northern Ireland)

ACCOUNTANTS:

Taxpoint Direct Limited

Chartered Certified Accountants &Tax Consultants

310E Sterling House

Langston Road

Loughton

IG10 3TS

FIXED ASSETS

Tangible assets

4

2,157

2,876

CURRENT ASSETS

Debtors

5

2,247

Cash at bank and in hand

76,651

97,886

78,898

100,133

CREDITORS

Amounts falling due within one year

6

9,997

18,292

NET CURRENT ASSETS

68,901

81,841

TOTAL ASSETS LESS CURRENT
LIABILITIES

71,058

84,717

CREDITORS

Amounts falling due after more than one
year

7

2,253

6,512

NET ASSETS

68,805

78,205

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

68,705

78,105

SHAREHOLDERS' FUNDS

68,805

78,205

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 19 August 2026 and were signed on its behalf by:

N K Nagineni - Director

1.	STATUTORY INFORMATION

Mangolite Software Solutions Ltd is a private company, limited by shares , registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - 1 ).

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 1 December 2024

and 30 November 2025

3,990

6,191

10,181

DEPRECIATION

At 1 December 2024

2,728

4,577

7,305

Charge for year

315

404

719

At 30 November 2025

3,043

4,981

8,024

NET BOOK VALUE

At 30 November 2025

947

1,210

2,157

At 30 November 2024

1,262

1,614

2,876

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

Trade debtors

2,247

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

Trade creditors

18

5,894

Tax

(1

)

7,903

VAT

9,354

-

Directors' current accounts

626

4,495

9,997

18,292

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

30.11.25

30.11.24

£

Bank loans - 1-2 years

2,253

6,512