Resolving Limited - Accounts to registrar (filleted) - small 18.2

Resolving Limited - Accounts to registrar (filleted) - small 18.2


IRIS Accounts Productionv18.2.1.6208021550Board of Directors1.5.1731.12.1731.12.17truefalsetruefalsefalsefalsetruefalseiso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure080215502017-04-30080215502017-12-31080215502017-05-012017-12-31080215502016-04-30080215502016-05-012017-04-30080215502017-04-3008021550ns15:EnglandWales2017-05-012017-12-3108021550ns14:PoundSterling2017-05-012017-12-3108021550ns10:Director12017-05-012017-12-3108021550ns10:PrivateLimitedCompanyLtd2017-05-012017-12-3108021550ns10:SmallEntities2017-05-012017-12-3108021550ns10:AuditExempt-NoAccountantsReport2017-05-012017-12-3108021550ns10:SmallCompaniesRegimeForDirectorsReport2017-05-012017-12-3108021550ns10:SmallCompaniesRegimeForAccounts2017-05-012017-12-3108021550ns10:FullAccounts2017-05-012017-12-310802155012017-05-012017-12-3108021550ns5:CurrentFinancialInstruments2017-12-3108021550ns5:CurrentFinancialInstruments2017-04-3008021550ns5:ShareCapital2017-12-3108021550ns5:ShareCapital2017-04-3008021550ns5:SharePremium2017-12-3108021550ns5:SharePremium2017-04-3008021550ns5:RetainedEarningsAccumulatedLosses2017-12-3108021550ns5:RetainedEarningsAccumulatedLosses2017-04-3008021550ns5:ComputerSoftware2017-05-012017-12-3108021550ns5:LandBuildingsns5:ShortLeaseholdAssets2017-05-012017-12-3108021550ns5:FurnitureFittings2017-05-012017-12-3108021550ns5:IntangibleAssetsOtherThanGoodwill2017-04-3008021550ns5:IntangibleAssetsOtherThanGoodwill2017-05-012017-12-3108021550ns5:IntangibleAssetsOtherThanGoodwill2017-12-3108021550ns5:IntangibleAssetsOtherThanGoodwill2017-04-3008021550ns5:LandBuildings2017-04-3008021550ns5:PlantMachinery2017-04-3008021550ns5:LandBuildings2017-05-012017-12-3108021550ns5:PlantMachinery2017-05-012017-12-3108021550ns5:LandBuildings2017-12-3108021550ns5:PlantMachinery2017-12-3108021550ns5:LandBuildings2017-04-3008021550ns5:PlantMachinery2017-04-3008021550ns5:CostValuation2017-04-3008021550ns5:AdditionsToInvestments2017-12-3108021550ns5:CostValuation2017-12-3108021550ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-12-3108021550ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-04-30


REGISTERED NUMBER: 08021550(England and Wales)


















Unaudited Financial Statements

for the Period 1 May 2017 to 31 December 2017

for

Resolving Limited

Resolving Limited (Registered number: 08021550)






Contents of the Financial Statements
for the Period 1 May 2017 to 31 December 2017




Page

Balance Sheet 1

Notes to the Financial Statements 3


Resolving Limited (Registered number: 08021550)

Balance Sheet
31 December 2017

2017 2017
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 800,526 461,172
Tangible assets 5 115,894 21,609
Investments 6 1,001 1,000
917,421 483,781

CURRENT ASSETS
Debtors 7 480,029 194,350
Cash at bank and in hand 449,230 1,584,835
929,259 1,779,185
CREDITORS
Amounts falling due within one year 8 934,757 443,286
NET CURRENT (LIABILITIES)/ASSETS (5,498 ) 1,335,899
TOTAL ASSETS LESS CURRENT
LIABILITIES

911,923

1,819,680

CAPITAL AND RESERVES
Called up share capital 121,182 121,182
Share premium 4,665,467 4,664,624
Retained earnings (3,874,726 ) (2,966,126 )
SHAREHOLDERS' FUNDS 911,923 1,819,680

Resolving Limited (Registered number: 08021550)

Balance Sheet - continued
31 December 2017


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors on 22 August 2018and were signed on its behalf by:





J Walker- Director


Resolving Limited (Registered number: 08021550)

Notes to the Financial Statements
for the Period 1 May 2017 to 31 December 2017

1. STATUTORY INFORMATION

Resolving Limited is a private company, limited by shares, registered in England and Wales. The company's
registered number and registered office address are as below:

Registered number: 08021550

Registered office: Treviot House
186-192 High Road
Ilford
Essex
IG1 1LR

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities"
of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of
Ireland" and the Companies Act 2006.

Turnover
Turnover represents the net invoice value, excluding value added tax, of sales relating to the period.

Development costs
Amortisation is provided on a straight line basis over 3 years in order to write off the cost less estimated residual
value of the asset over its estimated useful life.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Short leasehold - Straight line over 3 years
Fixtures and fittings - Straight line over 4 years

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at
the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Going concern
The company has incurred losses in the last two consecutive years. However, the directors believe sufficient
financial resources are available to the company to enable it to continue trading into the foreseeable future.
Therefore, the financial statements have been prepared on a going concern basis.

Investments
Fixed asset investments are stated at cost less provision for permanent diminution in value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 29(2017 - 15) .

Resolving Limited (Registered number: 08021550)

Notes to the Financial Statements - continued
for the Period 1 May 2017 to 31 December 2017

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 May 2017 1,139,143
Additions 589,973
At 31 December 2017 1,729,116
AMORTISATION
At 1 May 2017 677,971
Charge for period 250,619
At 31 December 2017 928,590
NET BOOK VALUE
At 31 December 2017 800,526
At 30 April 2017 461,172

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 May 2017 - 35,042 35,042
Additions 81,421 27,535 108,956
At 31 December 2017 81,421 62,577 143,998
DEPRECIATION
At 1 May 2017 - 13,433 13,433
Charge for period 6,785 7,886 14,671
At 31 December 2017 6,785 21,319 28,104
NET BOOK VALUE
At 31 December 2017 74,636 41,258 115,894
At 30 April 2017 - 21,609 21,609

Resolving Limited (Registered number: 08021550)

Notes to the Financial Statements - continued
for the Period 1 May 2017 to 31 December 2017

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 May 2017 1,000
Additions 1
At 31 December 2017 1,001
NET BOOK VALUE
At 31 December 2017 1,001
At 30 April 2017 1,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2017
£    £   
Trade debtors 230,632 172,468
Other debtors 249,397 21,882
480,029 194,350

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2017
£    £   
Trade creditors 97,383 155,781
Amounts owed to related parties 5,811 760
Taxation and social security 34,306 94,996
Other creditors 797,257 191,749
934,757 443,286

9. OTHER FINANCIAL COMMITMENTS

At the period end the total financial commitments was £564,864.

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 December 2017 and the
year ended 30 April 2017:


20172017
£   £   

Amounts Advanced93,57546,310
Amounts Repaid(70,108)(48,514)

The loan to the director is repayable on demand. Interest is charged on loans at the official rate set by HMRC.

11. RELATED PARTY DISCLOSURES

At the year end the total amount owned to group companies was £5,811 (30/04/17: £760).

Resolving Limited (Registered number: 08021550)

Notes to the Financial Statements - continued
for the Period 1 May 2017 to 31 December 2017

12. SHARE CAPITAL

The company has the following number of ordinary shares issuable under share options;




Share scheme



Date of Grant
Number of
Ordinary
Shares Under
Option


Exercise
Price


Exercise
Period

Enterprise Management Incentives

30/01/2015

390,000

£0.01
31/01/2016 -
31/01/2026

Enterprise Management Incentives

10/03/2015

5,000

£0.01
11/03/2016 -
11/03/2026

Enterprise Management Incentives

08/06/2015

10,000

£0.01
09/06/2016 -
09/06/2026

Enterprise Management Incentives

21/09/2015

5,000

£0.01
22/09/2016 -
22/09/2026

Enterprise Management Incentives

01/12/2015

15,000

£0.01
02/12/2016 -
02/12/2026


Unapproved Share Option Scheme

02/05/2015

15,000

£0.01
03/05/2016 -
03/05/2026