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Company Registration No. 14950003 (England and Wales)
Softeq Ltd Unaudited accounts for the year ended 30 June 2025
Softeq Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Softeq Ltd Company Information for the year ended 30 June 2025
Director
Raja Sekhar Kalyanapu
Company Number
14950003 (England and Wales)
Registered Office
164 New Cavendish Street London W1W 6YT United Kingdom
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Softeq Ltd Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
4,538
2,375
Current assets
Debtors
5
12,600
7,000
Cash at bank and in hand
87,254
56,695
99,854
63,695
Creditors: amounts falling due within one year
6
(23,894)
(32,034)
Net current assets
75,960
31,661
Net assets
80,498
34,036
Capital and reserves
Called up share capital
7
1
1
Profit and loss account
80,497
34,035
Shareholders' funds
80,498
34,036
For the year ending 30 June 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 28 March 2026 and were signed on its behalf by
Raja Sekhar Kalyanapu Director Company Registration No. 14950003
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Softeq Ltd Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
Softeq Ltd is a private company, limited by shares, registered in England and Wales, registration number 14950003. The registered office is 164 New Cavendish Street, London, W1W 6YT, United Kingdom.
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
25% on cost
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.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
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.
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Softeq Ltd Notes to the Accounts for the year ended 30 June 2025
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 July 2024
3,166
Additions
3,940
At 30 June 2025
7,106
Depreciation
At 1 July 2024
791
Charge for the year
1,777
At 30 June 2025
2,568
Net book value
At 30 June 2025
4,538
At 30 June 2024
2,375
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
12,600
7,000
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
7,937
3,524
Trade creditors
377
874
Taxes and social security
14,704
14,281
Other creditors
-
2,400
Loans from directors
876
4,955
Accruals
-
6,000
23,894
32,034
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Transactions with related parties
During the period interim dividends of 2025: £2,500 (2024: £15,000) were paid to the director.
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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