NetSupport Software Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 03316707

NetSupport Software Ltd

Filleted Financial Statements

For the year ended

31 March 2025

NetSupport Software Ltd

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		35	409

Current assets

Debtors	6	624,561	675,933
Cash at bank and in hand		462,985	473,598
		------------	------------
		1,087,546	1,149,531

Creditors: amounts falling due within one year	7	482,230		564,893
		------------		------------
Net current assets			605,316	584,638
			---------	---------
Total assets less current liabilities			605,351	585,047

Provisions

Taxation including deferred tax	( 1,744)	( 856)
	---------	---------
Net assets	607,095	585,903
	---------	---------

NetSupport Software Ltd

Statement of Financial Position (continued)

31 March 2025

	2025		2024
Note	£	£	£

Capital and reserves

Called up share capital	100	100
Profit and loss account	606,995	585,803
	---------	---------
Shareholders funds	607,095	585,903
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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

These financial statements were approved by the board of directors and authorised for issue on 10 November 2025 , and are signed on behalf of the board by:

A J Kingsley

Director

Company registration number: 03316707

NetSupport Software Ltd

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Netsupport House, Towngate East, Market Deeping, Peterborough, PE6 8NE.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Significant judgements The judgements (apart from those involving estimations) that management has made in the process of applying the entity's accounting policies and that have the most significant effect on the amounts recognised in the financial statements are as disclosed in the notes to the financial statements. Key sources of estimation uncertainty Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. The key assumptions and other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are as disclosure in the notes to the financial statements.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax. Revenue from the sale of services is recognised when the significant risks and rewards of ownership of the services have transferred to the buyer, the amount of revenue can be measured reliably, it is probable that the associated economic benefits will flow to the entity, and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all material timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures and fittings	-	15% straight line
Motor vehicles	-	25% straight line

Financial instruments

The company holds basic financial instruments as defined in FRS102. The financial assets and financial liabilities of the company and their measurement basis are as follows: Financial assets - trade and other debtors are basic financial instruments and are debt instrument measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at amortised cost. Financial liabilities - trade creditors, accruals and other creditors are financial instruments, and are measured at amortised cost. Taxation and social security are not included in the financial instruments disclosure definition.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 12 (2024: 10 ).

5. Tangible assets

	Fixtures and fittings	Motor vehicles	Total
	£	£	£
Cost
At 1 April 2024 and 31 March 2025	19,115	14,621	33,736
	--------	--------	--------
Depreciation
At 1 April 2024	18,706	14,621	33,327
Charge for the year	374	–	374
	--------	--------	--------
At 31 March 2025	19,080	14,621	33,701
	--------	--------	--------
Carrying amount
At 31 March 2025	35	–	35
	--------	--------	--------
At 31 March 2024	409	–	409
	--------	--------	--------

6. Debtors

	2025	2024
	£	£
Trade debtors	529,586	506,891
Other debtors	94,975	169,042
	---------	---------
	624,561	675,933
	---------	---------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	49	1,977
Amounts owed to group undertakings and undertakings in which the company has a participating interest	358,678	472,311
Social security and other taxes	75,475	49,392
Other creditors	48,028	41,213
	---------	---------
	482,230	564,893
	---------	---------

8. Summary audit opinion

The auditor's report dated 12 November 2025 was unqualified .

The senior statutory auditor was Jonathan Day , for and on behalf of Streets Audit LLP .