2024

Balance b'fwd as restated £20,525

Advanced £49,985

Repaid (£62,180)

Interest charged £515

Balance c'fwd £8,845

There were no conditions attached to the loan and interest was accrued at 2.25% (2023: 2.25%)

2025

Balance b'fwd £8,845

Advanced £nil

Repaid (£11,956)

Interest charged £nil

Balance c'fwd (£3,111)

There were no conditions attached to the loan and no interest was paid in 2025 (2024: interest accrued at 2.25%)

At the balance sheet date the borrowings of the company amounted to £19,506 (2024: £22,857) relating to a Covid Bounce Back Loan. £3,433 (2024: £3,351) is payable within 1 year, with the rest, £16,072 (2024: £19,506) is due after more than 1 year. The loan is unsecured and for a 10 year term and the interest rate is 0.2%.

The average number of persons, including directors, employed by the company during the year was as follows:

ASP Online Software Limited is a private company limited by shares incorporated in England and Wales. The registered office is Unit 2 Minton Place, Victoria Road, Bicester, Oxfordshire, United Kingdom, OX26 6QB.

For the year ended 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true