REGISTERED NUMBER: 03434758 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2025

for

Result Software Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs J E W D Jones

A S Jones

SECRETARY:

Mrs J E W D Jones

REGISTERED OFFICE:

Blodeufryn

Carmarthen Road

Cross Hands

Llanelli

Carmarthenshire

SA14 6TH

REGISTERED NUMBER:

03434758 (England and Wales)

ACCOUNTANTS:

Cambrian & Co Ltd

13A Victoria Gardens

Neath

West Glamorgan

SA11 3AY

FIXED ASSETS

Tangible assets

5

1

11

CURRENT ASSETS

Stocks

6

180

560

Debtors

7

3,360

900

Cash at bank

159,319

215,935

162,859

217,395

CREDITORS

Amounts falling due within one year

8

117,241

135,496

NET CURRENT ASSETS

45,618

81,899

TOTAL ASSETS LESS CURRENT LIABILITIES

45,619

81,910

PROVISIONS FOR LIABILITIES

2

2

NET ASSETS

45,617

81,908

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

45,517

81,808

SHAREHOLDERS' FUNDS

45,617

81,908

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 14 November 2025 and were signed on its behalf by:

A S Jones - Director

1.	STATUTORY INFORMATION

Result Software Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Computer equipment

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 March 2024

and 28 February 2025

3,613

DEPRECIATION

At 1 March 2024

3,602

Charge for year

10

At 28 February 2025

3,612

NET BOOK VALUE

At 28 February 2025

1

At 29 February 2024

11

6.

STOCKS

28.2.25

29.2.24

£

£

Work-in-progress

180

560

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade debtors

3,360

900

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade creditors

875

875

Tax

870

4,138

Social security and other taxes

-

475

VAT

670

452

Directors' loan accounts

114,826

129,556

117,241

135,496

9.	CAPITAL COMMITMENTS

28.2.25

29.2.24

£

£

Contracted but not provided for in the

financial statements

-

-

10.	RELATED PARTY DISCLOSURES

The directors operate loan accounts with the company. The balances owed to the directors are shown in the notes to the financial statements . The loans are interest free with no fixed repayment terms.

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr and Mrs A S Jones by virtue of their 100% shareholding.