Registration number: 11351816

Soft Tip UK Limited

Contents

Company Information	1
Balance Sheet	2
Statement of Changes in Equity	3
Notes to the Unaudited Financial Statements	4 to 7

Soft Tip UK Limited

Company Information

Director

Mrs Linda RIGBY

Registered office

Plumpton House Po Box 1388 Blackpool Lancashire FY1 9PA

Accountants

Beckett Rawcliffe Limited Unit 17, Beckett House Sovereign Court Wyrefields Poulton Le Fylde Lancashire FY6 8JX

Soft Tip UK Limited

(Registration number: 11351816)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	7,778	15,423
Current assets
Debtors	5	1,047	1,830
Cash at bank and in hand		1,022	2,239
		2,069	4,069
Creditors: Amounts falling due within one year	6	(16,606)	(16,562)
Net current liabilities		(14,537)	(12,493)
Net (liabilities)/assets		(6,759)	2,930
Capital and reserves
Called up share capital	7	1	1
Retained earnings		(6,760)	2,929
Shareholders' (deficit)/funds		(6,759)	2,930

For the financial year ending 31 December 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 members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the director on 25 September 2025
 

......................................... Mrs Linda RIGBY Director

Soft Tip UK Limited

Statement of Changes in Equity for the Year Ended 31 December 2024

	Share capital £	Retained earnings £	Total £
At 1 January 2024	1	2,929	2,930
Loss for the year	-	(9,689)	(9,689)
At 31 December 2024	1	(6,760)	(6,759)

	Share capital £	Retained earnings £	Total £
At 1 January 2023	1	(25,744)	(25,743)
Profit for the year	-	28,673	28,673
At 31 December 2023	1	2,929	2,930

Soft Tip UK Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Plumpton House
Po Box 1388
Blackpool
Lancashire
FY1 9PA
United Kingdom

These financial statements were authorised for issue by the director on 25 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Soft Tip UK Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and Machinery	over 5 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 2).

Soft Tip UK Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

4	Tangible assets

	Other tangible assets £	Total £
Cost or valuation
At 1 January 2024	64,195	64,195
Disposals	(1,780)	(1,780)
At 31 December 2024	62,415	62,415
Depreciation
At 1 January 2024	48,772	48,772
Charge for the year	6,804	6,804
Eliminated on disposal	(939)	(939)
At 31 December 2024	54,637	54,637
Carrying amount
At 31 December 2024	7,778	7,778
At 31 December 2023	15,423	15,423

5

Debtors

Current	2024 £	2023 £
Trade debtors	1,047	1,565
Other debtors	-	265
	1,047	1,830

6

Creditors

Creditors: amounts falling due within one year

	2024 £	2023 £
Due within one year
Trade creditors	13,498	13,009
Taxation and social security	2,809	3,253
Accruals and deferred income	300	300
Other creditors	(1)	-
	16,606	16,562

Soft Tip UK Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

7	Share capital

Allotted, called up and fully paid shares

	2024		2023
	No.	£	No.	£
Ordinary of £1 each	1	1	1	1

8	Related party transactions

Summary of transactions with all entities with joint control or significant interest

Inter Company Loan Accounts

Loans to related parties

2023	Entities with joint control or significant influence £	Total £
At start of period	127,783	127,783
Repaid	(127,783)	(127,783)
At end of period	-	-

Loans from related parties

2023	Entities with joint control or significant influence £	Key management £	Total £
At start of period	41,389	50,192	91,581
Repaid	(41,389)	(50,192)	(91,581)
At end of period	-	-	-

9	Parent and ultimate parent undertaking

The ultimate controlling party is Linda Rigby.