SOFTHEADS LTD

Company Registration Number:
06525046 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

SOFTHEADS LTD

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

SOFTHEADS LTD

Balance sheet

As at 31 March 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 140,953 168,968
Total fixed assets: 140,953 168,968
Current assets
Stocks: 252,000 335,000
Debtors:   864,973 837,210
Cash at bank and in hand: 340,347 504,367
Total current assets: 1,457,320 1,676,577
Creditors: amounts falling due within one year:   (584,895) (875,655)
Net current assets (liabilities): 872,425 800,922
Total assets less current liabilities: 1,013,378 969,890
Creditors: amounts falling due after more than one year:   (1,559) (11,752)
Provision for liabilities: (34,824) (33,039)
Total net assets (liabilities): 976,995 925,099
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 976,895 924,999
Shareholders funds: 976,995 925,099

The notes form part of these financial statements

SOFTHEADS LTD

Balance sheet statements

For the year ending 31 March 2025 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 July 2025
and signed on behalf of the board by:

Name: IRSHAD BAIG
Status: Director

The notes form part of these financial statements

SOFTHEADS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

1. Accounting policies

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

Turnover policy

The abridged accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard)

Tangible fixed assets and 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 Leasehold land and buildings over the lease term Plant and machinery 10 to 20% written down value Fixtures, fittings, tools and equipment 25% written down value

Other accounting policies

Creditors Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

SOFTHEADS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

2025 2024
Average number of employees during the period 54 49

SOFTHEADS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible Assets

Total
Cost £
At 01 April 2024 1,122,414
Additions 23,980
Disposals (85,155)
At 31 March 2025 1,061,239
Depreciation
At 01 April 2024 953,446
Charge for year 27,162
On disposals (60,322)
At 31 March 2025 920,286
Net book value
At 31 March 2025 140,953
At 31 March 2024 168,968