Company Registration No. 13240891 (England and Wales)
Althea Soft Ltd
Unaudited accounts
for the year ended 31 March 2025
Althea Soft Ltd
Unaudited accounts
Contents
Althea Soft Ltd
Company Information
for the year ended 31 March 2025
Company Number
13240891 (England and Wales)
Registered Office
35 Woodlark Road
Shaw
Newbury
Berkshire
RG14 2FY
England
Accountants
Sleek Accounting Ltd
4th Floor
205 Regent Street
London
W1B 4HB
Althea Soft Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
54,965
24,294
Cash at bank and in hand
7,700
27,731
Creditors: amounts falling due within one year
(20,229)
(12,657)
Net current (liabilities)/assets
(3,981)
26,368
Called up share capital
100
100
Profit and loss account
52,063
50,562
Shareholders' funds
52,163
50,662
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 30 December 2025 and were signed on its behalf by
Ricardo Fig
Director
Company Registration No. 13240891
Althea Soft Ltd
Notes to the Accounts
for the year ended 31 March 2025
Althea Soft Ltd is a private company, limited by shares, registered in England and Wales, registration number 13240891. The registered office is 35 Woodlark Road, Shaw, Newbury, Berkshire, RG14 2FY, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
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:
Land & buildings
10% straight line
Motor vehicles
25% straight line
Fixtures & fittings
33.33% straight line
Computer equipment
33.33% straight line
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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Althea Soft Ltd
Notes to the Accounts
for the year ended 31 March 2025
4
Intangible fixed assets
Other
5
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2024
-
48,676
9,771
2,888
61,335
Additions
39,745
-
4,797
4,756
49,298
At 31 March 2025
39,745
48,676
14,568
7,644
110,633
At 1 April 2024
-
32,838
3,593
610
37,041
Charge for the year
1,519
12,169
2,929
2,010
18,627
At 31 March 2025
1,519
45,007
6,522
2,620
55,668
At 31 March 2025
38,226
3,669
8,046
5,024
54,965
At 31 March 2024
-
15,838
6,178
2,278
24,294
Amounts falling due within one year
Trade debtors
6,684
11,294
7
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
1,240
73
Other creditors
10,016
981
Loans from directors
8,285
10,356
Althea Soft Ltd
Notes to the Accounts
for the year ended 31 March 2025
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 2 (2024: 1).