Acorah Software Products - Accounts Production 16.1.300 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 09572533 Mr Felix Olushola Fatoye iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09572533 2023-05-31 09572533 2024-05-31 09572533 2023-06-01 2024-05-31 09572533 frs-core:CurrentFinancialInstruments 2024-05-31 09572533 frs-core:Non-currentFinancialInstruments 2024-05-31 09572533 frs-core:ComputerEquipment 2024-05-31 09572533 frs-core:ComputerEquipment 2023-06-01 2024-05-31 09572533 frs-core:ComputerEquipment 2023-05-31 09572533 frs-core:ShareCapital 2024-05-31 09572533 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 09572533 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 09572533 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 09572533 frs-bus:SmallEntities 2023-06-01 2024-05-31 09572533 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 09572533 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 09572533 frs-bus:Director1 2023-06-01 2024-05-31 09572533 frs-countries:EnglandWales 2023-06-01 2024-05-31 09572533 2022-05-31 09572533 2023-05-31 09572533 2022-06-01 2023-05-31 09572533 frs-core:CurrentFinancialInstruments 2023-05-31 09572533 frs-core:Non-currentFinancialInstruments 2023-05-31 09572533 frs-core:ShareCapital 2023-05-31 09572533 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 09572533
Sofat Engineering Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
TAXPLUS ACCOUNTANTS LTD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09572533
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 53
- 53
CURRENT ASSETS
Debtors 5 534 734
Cash at bank and in hand 3,258 5,474
3,792 6,208
Creditors: Amounts Falling Due Within One Year 6 (240 ) (950 )
NET CURRENT ASSETS (LIABILITIES) 3,552 5,258
TOTAL ASSETS LESS CURRENT LIABILITIES 3,552 5,311
Creditors: Amounts Falling Due After More Than One Year 7 (2,765 ) (4,194 )
NET ASSETS 787 1,117
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 687 1,017
SHAREHOLDERS' FUNDS 787 1,117
Page 1
Page 2
For the 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.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Felix Olushola Fatoye
Director
18/02/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Sofat Engineering Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09572533 . The registered office is 34 Basedale Road, Dagenham, RM9 4QA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment 25%
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: 1)
- 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 June 2023 1,196
As at 31 May 2024 1,196
Depreciation
As at 1 June 2023 1,143
Provided during the period 53
As at 31 May 2024 1,196
Net Book Value
As at 31 May 2024 -
As at 1 June 2023 53
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 534 734
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 240 950
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 2,765 4,194
Page 3
Page 4
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4