Company Registration No. 12658362 (England and Wales)
Morbit Software Ltd
Unaudited accounts
for the year ended 30 June 2026
Morbit Software Ltd
Unaudited accounts
Contents
Morbit Software Ltd
Company Information
for the year ended 30 June 2026
Directors
Robert Thornley
Timothy Kefford
Company Number
12658362 (England and Wales)
Registered Office
13 The Close
Norwich
NR1 4DS
United Kingdom
Accountants
JHW Azoth Ltd
13 The Close
Norwich
Norfolk
NR1 4DS
Morbit Software Ltd
Statement of financial position
as at 30 June 2026
Called up share capital not paid
-
323
Cash at bank and in hand
58,030
1,212
Creditors: amounts falling due within one year
(232,623)
(111,334)
Net current liabilities
(126,357)
(77,114)
Net liabilities
(123,080)
(75,932)
Called up share capital
1,308
1,308
Share premium
145,084
90,162
Profit and loss account
(269,472)
(167,402)
Shareholders' funds
(123,080)
(75,932)
For the year ending 30 June 2026 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 September 2026 and were signed on its behalf by
Timothy Kefford
Director
Company Registration No. 12658362
Morbit Software Ltd
Notes to the Accounts
for the year ended 30 June 2026
Morbit Software Ltd is a private company, limited by shares, registered in England and Wales, registration number 12658362. The registered office is 13 The Close, Norwich, NR1 4DS, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% straight line
4
Tangible fixed assets
Computer equipment
Morbit Software Ltd
Notes to the Accounts
for the year ended 30 June 2026
Amounts falling due within one year
Trade debtors
44,863
30,317
6
Creditors: amounts falling due within one year
2026
2025
Trade creditors
4,569
21,502
Other creditors
185,074
43,252
Loans from directors
1,040
13,201
Deferred income
41,940
33,379
7
Average number of employees
During the year the average number of employees was 0 (2025: 0).