1 April 2024 false No description of principal activity Taxfiler 2024.6 14717825business:PrivateLimitedCompanyLtd2024-04-012025-03-31 147178252024-03-31 147178252024-04-012025-03-31 14717825business:AuditExemptWithAccountantsReport2024-04-012025-03-31 14717825business:FilletedAccounts2024-04-012025-03-31 147178252025-03-31 147178252024-03-31 14717825core:WithinOneYear2025-03-31 14717825core:WithinOneYear2024-03-31 14717825core:ShareCapitalcore:PreviouslyStatedAmount2025-03-31 14717825core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 14717825core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-03-31 14717825core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 14717825core:PreviouslyStatedAmount2025-03-31 14717825core:PreviouslyStatedAmount2024-03-31 14717825business:SmallEntities2024-04-012025-03-31 14717825business:Director12024-04-012025-03-31 14717825countries:EnglandWales2024-04-012025-03-31 14717825business:RegisteredOffice2024-04-012025-03-31 147178252023-03-092024-03-31 iso4217:GBP xbrli:pure
Company Registration No. 14717825 (England and Wales)
Softnova limited Unaudited accounts for the year ended 31 March 2025
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Softnova limited for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Softnova limited for the year ended 31 March 2025 as set out on pages 3 - 4 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
CFO360 Advisors Ltd Chartered Accountants 483 Green Lanes London N13 4BS 25 August 2025
- 2 -
Softnova limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Current assets
Debtors
87,923 
- 
Cash at bank and in hand
37,870 
16,920 
125,793 
16,920 
Creditors: amounts falling due within one year
(29,302)
(32,902)
Net current assets/(liabilities)
96,491 
(15,982)
Net assets/(liabilities)
96,491 
(15,982)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
96,490 
(15,983)
Shareholders' funds
96,491 
(15,982)
For the year ending 31 March 2025 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 25 August 2025 and were signed on its behalf by
Christopher Milla Director Company Registration No. 14717825
- 3 -
Softnova limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Softnova limited is a private company, limited by shares, registered in England and Wales, registration number 14717825. The registered office is 85 GREAT PORTLAND STREET, FIRST FLOOR, LONDON, W1W 7LT, ENGLAND.
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
These financial statements for the year ended 31 March 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 9 March 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
87,923 
- 
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
386 
- 
Trade creditors
3,580 
33,400 
Taxes and social security
40,356 
- 
Other creditors
(15,020)
(498)
29,302 
32,902 
6
Loans to directors
Christopher Milla: The balance owing at the year end date was £15,021. During the year, £27,033 was advanced and £12,510 was repaid. There is no interest charged on the loan, and no fixed date has been set for the repayment of the loan. No amounts were released or written-off in the year.
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
- 4 -