Somersault Ltd - Filleted accounts

Registered number

13071360

Somersault Ltd

Filleted Accounts

31 October 2025

Somersault Ltd
Registered number:		13071360
Balance Sheet
as at 31 October 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		97,475			119,883

Current assets
Debtors	5	319,445			457,287
Cash at bank and in hand		127,865			101,940
		447,310			559,227

Creditors: amounts falling due within one year	6	(454,410)			(599,271)

Net current liabilities			(7,100)			(40,044)

Total assets less current liabilities			90,375			79,839


Provisions for liabilities			(24,369)			(29,971)


Net assets			66,006			49,868

Capital and reserves
Called up share capital			2			2
Profit and loss account			66,004			49,866

Shareholders' funds			66,006			49,868

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




C Miles
Director
Approved by the board on 21 May 2026

Somersault Ltd
Notes to the Accounts
for the year ended 31 October 2025


1	Accounting policies

	Basis of preparation
	The 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).

	Going concern
	The financial statements have been prepared on a going concern basis. The directors have made an assessment in preparing these financial statements as to whether the Company is a going concern and have concluded that there are no material uncertainties that may cast significant doubt on the Company’s ability to continue as a going concern for the period of at least 12 months from the date of approval of these financial statements.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
	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:

	Plant and machinery			over 4 years
	Fixtures, fittings, tools and equipment			over 4 years
	Computer equipment			over 4 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees							2025		2024
Number									Number

	Average number of persons employed by the company							9		14


3	Taxation							2025		2024
£									£

	Current year corporation tax charge							60,160		81,503
	Deferred Tax on timing differences							(5,602)		29,971

								54,558		111,474



4	Tangible fixed assets
		Computer equipment		Plant and machinery etc		Fixtures and fittings		Motor Vehicles		Total
£			£		£		£		£
	Cost
	At 1 November 2024	32,676		109,892		17,684		-		160,252
	Additions	-		833		-		20,800		21,633
	At 31 October 2025	32,676		110,725		17,684		20,800		181,885

	Depreciation
	At 1 November 2024	8,179		27,695		4,495		-		40,369
	Charge for the year	8,234		27,847		4,493		3,467		44,041
	At 31 October 2025	16,413		55,542		8,988		3,467		84,410

	Net book value
	At 31 October 2025	16,263		55,183		8,696		17,333		97,475
	At 31 October 2024	24,497		82,197		13,189		-		119,883



5	Debtors							2025		2024
£									£

	Trade debtors							294,521		445,665
	Other debtors							24,924		11,622
								319,445		457,287


6	Creditors: amounts falling due within one year							2025		2024
£									£

	Trade creditors							44,262		22,922
	Taxation and social security costs							79,353		201,453
	Other creditors							330,795		374,896
								454,410		599,271


7	Related party transactions

	At the end of the year, there was a balance of £52,217 (£105,825) owing to Five Miles From Cambridge Limited. Both companies are controlled by Colin and Jessica Miles.


8	Other information

	Somersault Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	80 High Street
	Sawston
	Cambridge
	Cambridgeshire
	CB22 3HJ