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Company Registration No. 11116649 (England and Wales)
SOFENETH LIMITED Final accounts for the year ended 31 December 2023
SOFENETH LIMITED Final accounts Contents
Page
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SOFENETH LIMITED Company Information for the year ended 31 December 2023
Director
TWUM KWASI AMEYAW
Company Number
11116649 (England and Wales)
Registered Office
1 Sidings Way Hillmorton Rugby Warwickshire CV21 4PR
Accountants
DKA Accounting Ltd. East Wing, Castle House Dawson Road Milton Keynes Buckinghamshire MK1 1QT
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SOFENETH LIMITED Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
837 
17 
Creditors: amounts falling due within one year
14,321 
17,821 
Net current assets
15,158 
17,838 
Total assets less current liabilities
15,158 
17,838 
Creditors: amounts falling due after more than one year
(12,544)
(17,541)
Net assets
2,614 
297 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
2,613 
296 
Shareholders' funds
2,614 
297 
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 April 2024 and were signed on its behalf by
TWUM KWASI AMEYAW Director Company Registration No. 11116649
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SOFENETH LIMITED Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
SOFENETH LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11116649. The registered office is 1 Sidings Way, Hillmorton, Rugby, Warwickshire, CV21 4PR.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention.
Presentation currency
The accounts are presented in £ sterling.
4
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
2,420 
3,337 
Loans from directors
(16,741)
(21,158)
(14,321)
(17,821)
5
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
12,544 
17,541 
6
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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