Company Registration No. 11734394 (England and Wales)
Softpower Global Ltd
Unaudited accounts
for the year ended 31 December 2022
Softpower Global Ltd
Unaudited accounts
Contents
Softpower Global Ltd
Company Information
for the year ended 31 December 2022
Directors
Benjamin Paul Haworth
Hamish Aneurin Keir Gardner
Company Number
11734394 (England and Wales)
Registered Office
FLAT 5 COLLINS TOWER
BLUES STREET
LONDON
E8 3BG
UNITED KINGDOM
Accountants
Thriveworks Ltd
4a The Barns, Bulrushes Farm
Coombe Hill Road
East Grinstead
West Sussex
RH19 4LZ
Softpower Global Ltd
Statement of financial position
as at 31 December 2022
Tangible assets
64,462
9,285
Cash at bank and in hand
73,048
52,712
Creditors: amounts falling due within one year
(77,129)
(52,102)
Net current assets
83,422
47,835
Total assets less current liabilities
147,884
57,120
Creditors: amounts falling due after more than one year
(30,564)
-
Called up share capital
2
2
Profit and loss account
117,318
57,118
Shareholders' funds
117,320
57,120
For the year ending 31 December 2022 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 directors acknowledge their 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 of Directors and authorised for issue on 28 March 2023 and were signed on its behalf by
Benjamin Paul Haworth
Director
Company Registration No. 11734394
Softpower Global Ltd
Notes to the Accounts
for the year ended 31 December 2022
Softpower Global Ltd is a private company, limited by shares, registered in England and Wales, registration number 11734394. The registered office is FLAT 5 COLLINS TOWER, BLUES STREET, LONDON, E8 3BG, 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.
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.
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:
Fixtures & fittings
5 years
Computer equipment
3 years
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2022
-
547
15,810
16,357
Additions
47,659
10,398
6,666
64,723
At 31 December 2022
47,659
10,945
22,476
81,080
At 1 January 2022
-
237
6,835
7,072
Charge for the year
3,177
759
5,610
9,546
At 31 December 2022
3,177
996
12,445
16,618
At 31 December 2022
44,482
9,949
10,031
64,462
At 31 December 2021
-
310
8,975
9,285
Softpower Global Ltd
Notes to the Accounts
for the year ended 31 December 2022
Amounts falling due within one year
Trade debtors
61,848
37,255
Accrued income and prepayments
3,027
-
6
Creditors: amounts falling due within one year
2022
2021
Obligations under finance leases and hire purchase contracts
15,941
-
Taxes and social security
44,770
23,890
Loans from directors
16,401
7,047
7
Creditors: amounts falling due after more than one year
2022
2021
Obligations under finance leases and hire purchase contracts
30,564
-
8
Average number of employees
During the year the average number of employees was 3 (2021: 2).
