Silverfin false false 31/05/2024 01/06/2023 31/05/2024 Mr A G Walker 08/05/2009 31 October 2024 The principal activity of the Company during the financial year was the provision of independent and expert advice to organisations on sustainability issues and their management through software. 06900289 2024-05-31 06900289 bus:Director1 2024-05-31 06900289 2023-05-31 06900289 core:CurrentFinancialInstruments 2024-05-31 06900289 core:CurrentFinancialInstruments 2023-05-31 06900289 core:ShareCapital 2024-05-31 06900289 core:ShareCapital 2023-05-31 06900289 core:RetainedEarningsAccumulatedLosses 2024-05-31 06900289 core:RetainedEarningsAccumulatedLosses 2023-05-31 06900289 core:PlantMachinery 2023-05-31 06900289 core:PlantMachinery 2024-05-31 06900289 bus:OrdinaryShareClass1 2024-05-31 06900289 2023-06-01 2024-05-31 06900289 bus:FilletedAccounts 2023-06-01 2024-05-31 06900289 bus:SmallEntities 2023-06-01 2024-05-31 06900289 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 06900289 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 06900289 bus:Director1 2023-06-01 2024-05-31 06900289 core:PlantMachinery core:TopRangeValue 2023-06-01 2024-05-31 06900289 2022-06-01 2023-05-31 06900289 core:PlantMachinery 2023-06-01 2024-05-31 06900289 bus:OrdinaryShareClass1 2023-06-01 2024-05-31 06900289 bus:OrdinaryShareClass1 2022-06-01 2023-05-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 06900289 (England and Wales)

SOFTSTEPS LIMITED

Unaudited Financial Statements
For the financial year ended 31 May 2024
Pages for filing with the registrar

SOFTSTEPS LIMITED

Unaudited Financial Statements

For the financial year ended 31 May 2024

Contents

SOFTSTEPS LIMITED

BALANCE SHEET

As at 31 May 2024
SOFTSTEPS LIMITED

BALANCE SHEET (continued)

As at 31 May 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 190 269
190 269
Current assets
Debtors 4 1,245 1,241
Cash at bank and in hand 2,687 10,300
3,932 11,541
Creditors: amounts falling due within one year 5 ( 2,952) ( 3,858)
Net current assets 980 7,683
Total assets less current liabilities 1,170 7,952
Net assets 1,170 7,952
Capital and reserves
Called-up share capital 6 1 1
Profit and loss account 1,169 7,951
Total shareholder's funds 1,170 7,952

For the financial year ending 31 May 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Softsteps Limited (registered number: 06900289) were approved and authorised for issue by the Director on 31 October 2024. They were signed on its behalf by:

Mr A G Walker
Director
SOFTSTEPS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 May 2024
SOFTSTEPS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 May 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Softsteps Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is C/O Francis Clark Llp Melville Building East, Royal William Yard, Plymouth, PL1 3RP, United Kingdom. The principal place of business is Mûnebuorren 25, Engwierum, Dongeradeel, 9132 EJ, Netherlands.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Revenue from services is recognised as they are delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Plant and machinery 4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Tangible assets

Plant and machinery Total
£ £
Cost
At 01 June 2023 1,535 1,535
At 31 May 2024 1,535 1,535
Accumulated depreciation
At 01 June 2023 1,266 1,266
Charge for the financial year 79 79
At 31 May 2024 1,345 1,345
Net book value
At 31 May 2024 190 190
At 31 May 2023 269 269

4. Debtors

2024 2023
£ £
Other debtors 1,245 1,241

5. Creditors: amounts falling due within one year

2024 2023
£ £
Taxation and social security 70 2,245
Other creditors 2,882 1,613
2,952 3,858

6. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
1 Ordinary share of £ 1.00 1 1