SOFTIX LIMITED

Company Registration Number:
05591872 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

SOFTIX LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

SOFTIX LIMITED

Company Information

for the Period Ended 31 December 2024




Director: Jasdayal Singh Dhanoa
Registered office: 59
Dovercourt Avenue
Thornton Heath
Surrey
CR7 7LJ
Company Registration Number: 05591872 (England and Wales)

SOFTIX LIMITED

Directors' Report Period Ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Principal Activities

The company's principal activity during the year continued to be that of a specialist software design configuration and implementation.

Directors

The directors shown below have held office during the whole of the period from 01 January 2024 to 31 December 2024
Jasdayal Singh Dhanoa

This report was approved by the board of directors on 31 August 2025
And Signed On Behalf Of The Board By:

Name: Jasdayal Singh Dhanoa
Status: Director

SOFTIX LIMITED

Balance sheet

As at 31 December 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 296 394
Total fixed assets: 296 394
Current assets
Cash at bank and in hand: 172,713 221,134
Total current assets: 172,713 221,134
Creditors: amounts falling due within one year: ( 25,200 ) ( 24,576 )
Net current assets (liabilities): 147,513 196,558
Total assets less current liabilities: 147,809 196,952
Provision for liabilities: ( 56 ) ( 75 )
Total net assets (liabilities): 147,753 196,877

The notes form part of these financial statements

SOFTIX LIMITED

Balance sheet continued

As at 31 December 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 147,653 196,777
Shareholders funds: 147,753 196,877

For the year ending 31 December 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 31 August 2025
And Signed On Behalf Of The Board By:

Name: Jasdayal Singh Dhanoa
Status: Director

The notes form part of these financial statements

SOFTIX LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks
    and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of
    completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative
    impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
    Fixtures, fittings and equipment 25% on a straight line

SOFTIX LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

SOFTIX LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 3. Off balance sheet disclosure

    No

SOFTIX LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Tangible Assets

Total
Cost £
At 01 January 2024 11,400
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2024 11,400
Depreciation
At 01 January 2024 11,006
Charge for year 98
On disposals -
Other adjustments -
At 31 December 2024 11,104
Net book value
At 31 December 2024 296
At 31 December 2023 394

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its
expected useful life, as follows:
Fixtures, fittings and equipment 25% on a straight line