Software Automation International Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04870048 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2022

for

Software Automation International Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

5

DIRECTOR:

M J Rachael

SECRETARY:

M J Rachael

REGISTERED OFFICE:

30 Minster Close

Bishops Cleeve

Cheltenham

Gloucestershire

GL52 8YU

REGISTERED NUMBER:

04870048 (England and Wales)

ACCOUNTANTS:

ADM Accountancy Services Ltd

Homelands Commercial Centre

Vale Road

Bishops Cleeve

Cheltenham

Gloucestershire

GL52 8PX

FIXED ASSETS

Tangible assets

4

34

80

CURRENT ASSETS

Debtors

5

139

1,389

Cash at bank

67,765

57,719

67,904

59,108

CREDITORS

Amounts falling due within one year

6

12,331

9,773

NET CURRENT ASSETS

55,573

49,335

TOTAL ASSETS LESS CURRENT LIABILITIES

55,607

49,415

CAPITAL AND RESERVES

Called up share capital

400

400

Share premium

34,978

34,978

Retained earnings

20,229

14,037

SHAREHOLDERS' FUNDS

55,607

49,415

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 28 December 2022 and were signed by:

M J Rachael - Director

1.	STATUTORY INFORMATION

Software Automation International Ltd 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.	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.

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.

Plant and machinery etc

-

33% on cost

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2021

and 31 August 2022

20,819

DEPRECIATION

At 1 September 2021

20,739

Charge for year

46

At 31 August 2022

20,785

NET BOOK VALUE

At 31 August 2022

34

At 31 August 2021

80

5.

DEBTORS

31.8.22

31.8.21

£

£

Amounts falling due within one year:

Other debtors

-

1,250

31.8.22

31.8.21

£

£

Amounts falling due after more than one year:

Other debtors

139

139

Aggregate amounts

139

1,389

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.22

31.8.21

£

£

Taxation and social security

6,476

4,295

Other creditors

5,855

5,478

12,331

9,773

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2022 and 31 August 2021:

31.8.22

31.8.21

£

£

M J Rachael

Balance outstanding at start of year

(620

)

(308

)

Amounts repaid

(312

)

(312

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(932

)

(620

)

8.	RELATED PARTY DISCLOSURES

At the year end the balance due to Bytestream Limited was £164 which related to a business expenses paid on behalf of the company by Bytestream (2021: £164).

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Software Automation International Ltd for the year ended 31 August 2022 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Chartered Institute of Management Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.cimaglobal.com.

This report is made solely to the director of Software Automation International Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Software Automation International Ltd and state those matters that we have agreed to state to the director of Software Automation International Ltd in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Software Automation International Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Software Automation International Ltd. You consider that Software Automation International Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Software Automation International Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

ADM Accountancy Services Ltd

Homelands Commercial Centre

Vale Road

Bishops Cleeve

Cheltenham

Gloucestershire

GL52 8PX

Date: .............................................