Thomson Software Solutions Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03801846 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

THOMSON SOFTWARE SOLUTIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Dr P Thomson

Prof W D Thomson

Mr M R Clement

SECRETARY:

Dr P Thomson

REGISTERED OFFICE:

Five Ways

57-59 Hatfield Road

Potters Bar

Hertfordshire

EN6 1HS

REGISTERED NUMBER:

03801846 (England and Wales)

ACCOUNTANTS:

SRG Newmans Limited

Five Ways

57-59 Hatfield Road

Potters Bar

Hertfordshire

EN6 1HS

FIXED ASSETS

Tangible assets

4

8,961

11,892

Investments

5

-

1,543,301

8,961

1,555,193

CURRENT ASSETS

Stocks

80,000

85,000

Debtors

6

148,716

121,832

Cash at bank

2,896,054

1,157,273

3,124,770

1,364,105

CREDITORS

Amounts falling due within one year

7

254,421

307,499

NET CURRENT ASSETS

2,870,349

1,056,606

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,879,310

2,611,799

PROVISIONS FOR LIABILITIES

2,009

6,188

NET ASSETS

2,877,301

2,605,611

CAPITAL AND RESERVES

Called up share capital

141

Retained earnings

2,877,160

2,605,470

SHAREHOLDERS' FUNDS

2,877,301

2,605,611

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 13 November 2025 and were signed on its behalf by:

Prof W D Thomson - Director

1.	STATUTORY INFORMATION

Thomson Software Solutions 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

Turnover

Turnover represents amounts receivable for goods and services provided in the normal course of business, excluding VAT.

Subscription Income

Revenue from subscription services is recognised on a straight-line basis over the subscription period, commencing when the service is first made available to the customer. Amounts invoiced in advance are recorded as deferred income within current liabilities until the related service is delivered.

Other turnover

All other turnover is recognised on an invoice basis, when the significant risks and rewards of ownership have transferred to the customer, and it is probable that economic benefits will flow to the company.

This policy complies with FRS 102 Section 23 - Revenue, which requires revenue to be recognised when performance obligations are satisfied, either over time or at a point in time.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost and 25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2024

and 30 September 2025

89,411

DEPRECIATION

At 1 October 2024

77,519

Charge for year

2,931

At 30 September 2025

80,450

NET BOOK VALUE

At 30 September 2025

8,961

At 30 September 2024

11,892

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 October 2024

1,543,301

Disposals

(1,584,326

)

Revaluations

41,025

At 30 September 2025

-

NET BOOK VALUE

At 30 September 2025

-

At 30 September 2024

1,543,301

The investment was disposed of during the year.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as restated

£

Trade debtors

148,716

121,548

Other debtors

-

284

148,716

121,832

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as restated

£

Trade creditors

8,400

1,693

Tax

55,656

139,469

Social security and other taxes

2,953

3,204

VAT

41,167

28,364

Other creditors

715

5,323

Directors' current accounts

60

Accruals and deferred income

142,220

126,136

Accrued expenses

3,250

254,421

307,499

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Prof. W D Thomson by virtue of his shareholding.

9.	CASH AT BANK AND IN HAND

As at the date of signing, the balance of cash at bank and in hand amounted to £2,987,750 (30th September 2025: £2,896,054).