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REGISTERED NUMBER: 08021550 (England and Wales)


















Unaudited Financial Statements for the Year Ended 30 April 2017

for

Resolving Limited

Resolving Limited (Registered number: 08021550)






Contents of the Financial Statements
for the Year Ended 30 April 2017




Page

Balance Sheet 1

Notes to the Financial Statements 3


Resolving Limited (Registered number: 08021550)

Balance Sheet
30 April 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 461,172 224,343
Tangible assets 5 21,609 6,484
Investments 6 1,000 1,000
483,781 231,827

CURRENT ASSETS
Debtors 7 194,350 83,459
Cash at bank and in hand 1,584,835 106,320
1,779,185 189,779
CREDITORS
Amounts falling due within one year 8 443,286 171,762
NET CURRENT ASSETS 1,335,899 18,017
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,819,680

249,844

CAPITAL AND RESERVES
Called up share capital 121,182 92,603
Share premium 4,664,624 1,778,201
Retained earnings (2,966,126 ) (1,620,960 )
SHAREHOLDERS' FUNDS 1,819,680 249,844

Resolving Limited (Registered number: 08021550)

Balance Sheet - continued
30 April 2017


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 1 November 2017 and were signed on its behalf
by:





J Walker - Director


Resolving Limited (Registered number: 08021550)

Notes to the Financial Statements
for the Year Ended 30 April 2017

1. STATUTORY INFORMATION

Resolving Limited is a private company, limited by shares, registered in England and Wales.
The company's registered number is 08021550 and registered office address is 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 year.

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.
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.

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 year was 15 (2016 - 8 ) .

Resolving Limited (Registered number: 08021550)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2017

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 May 2016 580,292
Additions 558,851
At 30 April 2017 1,139,143
AMORTISATION
At 1 May 2016 355,949
Charge for year 322,022
At 30 April 2017 677,971
NET BOOK VALUE
At 30 April 2017 461,172
At 30 April 2016 224,343

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2016 11,194
Additions 23,848
At 30 April 2017 35,042
DEPRECIATION
At 1 May 2016 4,710
Charge for year 8,723
At 30 April 2017 13,433
NET BOOK VALUE
At 30 April 2017 21,609
At 30 April 2016 6,484

Resolving Limited (Registered number: 08021550)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2017

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 May 2016
and 30 April 2017 1,000
NET BOOK VALUE
At 30 April 2017 1,000
At 30 April 2016 1,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors 172,468 19,772
Other debtors 21,882 63,687
194,350 83,459

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade creditors 155,781 57,747
Amounts owed to related parties 760 1,000
Taxation and social security 94,996 27,181
Other creditors 191,749 85,834
443,286 171,762

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2017 and
30 April 2016:

2017 2016
£    £   
J Walker
Balance outstanding at start of year 2,690 3,498
Amounts advanced 46,310 12,542
Amounts repaid (48,514 ) (13,350 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 486 2,690

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

Resolving Limited (Registered number: 08021550)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2017

10. SHARE CAPITAL

On 13th March 2017 convertible loans totalling £1,100,000 were converted into shares at share premium of
£1.01 per share. These shares rank pari passu with the existing shares.

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

15,000

£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

11. FIRST YEAR ADOPTION NOTE

There are no adjustments to be shown in a Reconciliation of Equity as at 1st May 2015 (date of transition to
FRS102).

There are also no adjustments to be made in the Reconciliation of Equity as at 30th April 2016 or in the
Reconciliation of Profit for the year ended 30tht April 2016, as a result of the transition to FRS102.