ACCOUNTS - Final Accounts preparation

ACCOUNTS - Final Accounts preparation

SOFT INTERIORS LTD - Company Information

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Caseware UK (AP4) 2021.0.152 2021.0.152 2022-07-312022-07-31No description of principal activity2021-02-22true1falsetrue 13214806 2021-02-21 13214806 2021-02-22 2022-07-31 13214806 2020-02-22 2021-02-21 13214806 2022-07-31 13214806 c:Director2 2021-02-22 2022-07-31 13214806 d:CurrentFinancialInstruments 2022-07-31 13214806 d:CurrentFinancialInstruments d:WithinOneYear 2022-07-31 13214806 d:ShareCapital 2022-07-31 13214806 c:EntityHasNeverTraded 2021-02-22 2022-07-31 13214806 c:FRS102 2021-02-22 2022-07-31 13214806 c:AuditExempt-NoAccountantsReport 2021-02-22 2022-07-31 13214806 c:FullAccounts 2021-02-22 2022-07-31 13214806 c:PrivateLimitedCompanyLtd 2021-02-22 2022-07-31 13214806 6 2021-02-22 2022-07-31 iso4217:GBP xbrli:pure

Registered number: 13214806









SOFT INTERIORS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JULY 2022
 
SOFT INTERIORS LIMITED
REGISTERED NUMBER: 13214806

BALANCE SHEET
AS AT 31 JULY 2022

2022
Note
£

Fixed assets
  

Investments
 3 
1,909,505

  
1,909,505

Current assets
  

Debtors: amounts falling due within one year
 4 
1

  
1

Creditors: amounts falling due within one year
 5 
(1,909,505)

Net current (liabilities)/assets
  
 
 
(1,909,504)

Total assets less current liabilities
  
1

  

Net assets
  
1


Capital and reserves
  

Called up share capital 
  
1

  
1


Page 1
 
SOFT INTERIORS LIMITED
REGISTERED NUMBER: 13214806
    
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 2022

For the period ended 31 July 2022 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 14 November 2022.




Hayley James
Director

The notes on pages 3 to 4 form part of these financial statements.

Page 2
 
SOFT INTERIORS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2022

1.


General information

Soft Interiors Limited is a limited liability company incorporated and domiciled in the United Kingdom.  The address of its registered office and registration number is shown on the company information page.  The financial statements are prepared in Sterling (£).

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

 
2.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Profit and loss account for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.3

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.4

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


Additions
1,909,505



At 31 July 2022
1,909,505




Page 3
 
SOFT INTERIORS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2022

4.


Debtors

2022
£


Called up share capital not paid
1



5.


Creditors: Amounts falling due within one year

2022
£

Amounts owed to group undertakings
1,009,505

Other creditors
900,000

1,909,505


Other creditors represent directors loans. The loan is unsecured and is repayable on demand.

Page 4