Company Registration No. 10825101 (England and Wales)
Switchfoot Accounting Limited
Unaudited accounts
for the year ended 31 March 2026
Switchfoot Accounting Limited
Unaudited accounts
Contents
Switchfoot Accounting Limited
Company Information
for the year ended 31 March 2026
Company Number
10825101 (England and Wales)
Registered Office
147 Frimley Road
Camberley
GU15 2PS
Switchfoot Accounting Limited
Statement of financial position
as at 31 March 2026
Intangible assets
10,144
14,826
Tangible assets
20,985
25,694
Cash at bank and in hand
19,497
10,285
Creditors: amounts falling due within one year
(44,813)
(31,197)
Net current liabilities
(8,624)
(8,823)
Total assets less current liabilities
22,505
31,697
Provisions for liabilities
Deferred tax
(5,914)
(8,017)
Called up share capital
1
1
Profit and loss account
16,590
23,679
Shareholders' funds
16,591
23,680
For the year ending 31 March 2026 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 her 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 5 October 2026 and were signed on its behalf by
R Trudgett
Director
Company Registration No. 10825101
Switchfoot Accounting Limited
Notes to the Accounts
for the year ended 31 March 2026
Switchfoot Accounting Limited is a private company, limited by shares, registered in England and Wales, registration number 10825101. The registered office is 147 Frimley Road, Camberley, GU15 2PS.
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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 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:
Plant & machinery
3-5 years on a straight line basis
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.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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.
Switchfoot Accounting Limited
Notes to the Accounts
for the year ended 31 March 2026
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Impact as a Certified B Corporation
As a certified B Corporation, the company has amended its articles of association, committing it to balancing profit with purpose and ensuring accountability to all stakeholders, not just the current shareholders.
The amendments are a legal requirement of all UK B Corporations and are designed to
- provide a legal basis to allow directors to consider the interests of all stakeholders, not just shareholders, when making important decisions.
- protect the company’s mission and values through capital raises and leadership changes, and give business leaders more flexibility when evaluating sale and liquidity options.
To demonstrate how the company is living into its commitments, it has published its annual impact report.
The latest Impact report is available at https://switchfootaccounting.co.uk/impact/
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Intangible fixed assets
Other
Switchfoot Accounting Limited
Notes to the Accounts
for the year ended 31 March 2026
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2025
5,688
27,973
7,955
41,616
Disposals
(470)
-
(2,140)
(2,610)
At 31 March 2026
5,218
27,973
6,115
39,306
At 1 April 2025
3,139
6,872
5,911
15,922
Charge for the year
937
2,797
1,275
5,009
On disposals
(470)
-
(2,140)
(2,610)
At 31 March 2026
3,606
9,669
5,046
18,321
At 31 March 2026
1,612
18,304
1,069
20,985
At 31 March 2025
2,549
21,101
2,044
25,694
Amounts falling due within one year
Accrued income and prepayments
7,431
6,678
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Creditors: amounts falling due within one year
2026
2025
Trade creditors
4,427
3,772
Taxes and social security
9,314
4,620
Loans from directors
27,221
17,485
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Average number of employees
During the year the average number of employees was 1 (2025: 1).