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Company Registration No. 05031311 (England and Wales)
Springbok Enterprise Solutions Ltd Filleted accounts for the year ended 28 February 2025
Springbok Enterprise Solutions Ltd Filleted accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Springbok Enterprise Solutions Ltd Company Information for the year ended 28 February 2025
Director
Umesh Chandra Pankhania
Secretary
Anita Pankhania
Company Number
05031311 (England and Wales)
Registered Office
Hillrise House 35 Launde Road Oadby Leicester LE2 4HH
Accountants
YP Finance Hawthorne House 17A Hawthorne Drive Leicester Leicestershire LE5 6DL
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Springbok Enterprise Solutions Ltd Statement of financial position as at 28 February 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
799
-
Current assets
Debtors
5
73,134
141,691
Cash at bank and in hand
698,602
695,400
771,736
837,091
Creditors: amounts falling due within one year
6
(358,431)
(419,334)
Net current assets
413,305
417,757
Net assets
414,104
417,757
Capital and reserves
Called up share capital
7
2
2
Profit and loss account
414,102
417,755
Shareholders' funds
414,104
417,757
For the year ending 28 February 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 26 November 2025 and were signed on its behalf by
Umesh Chandra Pankhania Director Company Registration No. 05031311
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Springbok Enterprise Solutions Ltd Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Springbok Enterprise Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 05031311. The registered office is Hillrise House , 35 Launde Road, Oadby, Leicester, LE2 4HH.
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.
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.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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
33% Straight line
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Springbok Enterprise Solutions Ltd Notes to the Accounts for the year ended 28 February 2025
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 March 2024
-
Additions
1,199
At 28 February 2025
1,199
Depreciation
Charge for the year
400
At 28 February 2025
400
Net book value
At 28 February 2025
799
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
73,134
141,691
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
10,844
32,931
Trade creditors
29,118
59,669
Taxes and social security
14,627
45,641
Other creditors
280,040
280,039
Loans from directors
22,748
-
Accruals
1,054
1,054
358,431
419,334
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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