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Company Registration No. 8823988 (England and Wales)
Singh Softech Ltd Unaudited accounts for the year ended 31 January 2025
Singh Softech Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Singh Softech Ltd Company Information for the year ended 31 January 2025
Directors
Jasmeet Singh Gulati Avneet Kaur Gulati
Secretary
Avneet Kaur Gulati
Company Number
8823988 (England and Wales)
Registered Office
35 Lucius Avenue KEYNSHAM Bristol BS31 2GZ
Accountants
One Stop Accounts & Tax Kingfisher House 21-23 Elmfield Road Bromley Kent BR1 1LT
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Singh Softech Ltd Statement of financial position as at 31 January 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
18,000
19,000
Tangible assets
5
316
527
18,316
19,527
Current assets
Inventories
6
2,150
4,000
Debtors
7
-
10,800
Cash at bank and in hand
39,173
26,518
41,323
41,318
Creditors: amounts falling due within one year
8
(12,215)
(14,196)
Net current assets
29,108
27,122
Net assets
47,424
46,649
Capital and reserves
Called up share capital
9
1,000
1,000
Profit and loss account
46,424
45,649
Shareholders' funds
47,424
46,649
For the year ending 31 January 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 directors acknowledge their 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 of Directors and authorised for issue on 14 September 2025 and were signed on its behalf by
Jasmeet Singh Gulati Director Company Registration No. 8823988
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Singh Softech Ltd Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Singh Softech Ltd is a private company, limited by shares, registered in England and Wales, registration number 8823988. The registered office is 35 Lucius Avenue, KEYNSHAM, Bristol, BS31 2GZ.
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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
40% on written down value
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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Singh Softech Ltd Notes to the Accounts for the year ended 31 January 2025
4
Intangible fixed assets
Goodwill
£
Cost
At 1 February 2024
20,000
At 31 January 2025
20,000
Amortisation
At 1 February 2024
1,000
Charge for the year
1,000
At 31 January 2025
2,000
Net book value
At 31 January 2025
18,000
At 31 January 2024
19,000
5
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 February 2024
5,233
At 31 January 2025
5,233
Depreciation
At 1 February 2024
4,706
Charge for the year
211
At 31 January 2025
4,917
Net book value
At 31 January 2025
316
At 31 January 2024
527
6
Inventories
2025
2024
£
£
Finished goods
2,150
4,000
2,150
4,000
7
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
-
10,800
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Singh Softech Ltd Notes to the Accounts for the year ended 31 January 2025
8
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
2,419
5,091
Taxes and social security
701
5,168
Other creditors
2,880
-
Loans from directors
6,215
3,937
12,215
14,196
9
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
10
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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