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REGISTERED NUMBER: 00669176 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2022

for

SOJO International Partners Limited

SOJO International Partners Limited (Registered number: 00669176)






Contents of the Financial Statements
for the Year Ended 30 June 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

SOJO International Partners Limited

Company Information
for the Year Ended 30 June 2022







DIRECTORS: J Fischer
Mrs D A Fischer
S A Fischer





REGISTERED OFFICE: First Floor, West Barn
North Frith Farm, Ashes Lane
Hadlow
Tonbridge
Kent
TN11 9QU





BUSINESS ADDRESS: Ash Grove
Hillcrest Road
Dormans Park
East Grinstead
West Sussex
RH19 2NE





REGISTERED NUMBER: 00669176 (England and Wales)





ACCOUNTANTS: Deeks Evans
Chartered Accountants
First Floor, West Barn
North Frith Farm, Ashes Lane
Hadlow
Tonbridge
Kent
TN11 9QU

SOJO International Partners Limited (Registered number: 00669176)

Balance Sheet
30 June 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,972 8,426
Investment property 5 1,320,000 1,320,000
1,327,972 1,328,426

CURRENT ASSETS
Debtors 6 27,195 18,262
Cash at bank 869,037 851,864
896,232 870,126
CREDITORS
Amounts falling due within one year 7 47,949 43,058
NET CURRENT ASSETS 848,283 827,068
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,176,255

2,155,494

PROVISIONS FOR LIABILITIES 8 9,323 9,409
NET ASSETS 2,166,932 2,146,085

CAPITAL & RESERVES
Called up share capital 9 600,000 600,000
Non-distributable reserves 10 281,647 281,647
Retained earnings 10 1,285,285 1,264,438
SHAREHOLDERS' FUNDS 2,166,932 2,146,085

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 August 2022 and were signed on its behalf by:




J Fischer - Director


SOJO International Partners Limited (Registered number: 00669176)

Notes to the Financial Statements
for the Year Ended 30 June 2022

1. STATUTORY INFORMATION

SOJO International Partners Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents the rental income receivable during the year. Rental income receivable is accounted for in the year in which the property is rented.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant & machinery - 33% on cost and 20% on cost
Fixtures & fittings - 15% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Provision is made at current rates for taxation deferred in respect of all material timing differences.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2021 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant & Fixtures
machinery & fittings Totals
£    £    £   
COST
At 1 July 2021 92,414 25,000 117,414
Additions 2,460 - 2,460
At 30 June 2022 94,874 25,000 119,874
DEPRECIATION
At 1 July 2021 88,172 20,816 108,988
Charge for year 2,286 628 2,914
At 30 June 2022 90,458 21,444 111,902
NET BOOK VALUE
At 30 June 2022 4,416 3,556 7,972
At 30 June 2021 4,242 4,184 8,426

SOJO International Partners Limited (Registered number: 00669176)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2022

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2021
and 30 June 2022 1,320,000
NET BOOK VALUE
At 30 June 2022 1,320,000
At 30 June 2021 1,320,000

Fair value at 30 June 2022 is represented by:
£   
Valuation in 2018 169,455
Valuation in 2020 120,000
Cost 1,030,545
1,320,000

If the investment property had not been revalued it would have been included at the following historical cost:

2022 2021
£    £   
Cost 1,030,545 1,030,545
Aggregate depreciation (115,205 ) (104,900 )

The investment property was valued on a fair value basis on 30 June 2020 by the directors .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 27,000 18,000
Prepayments & accrued income 195 262
27,195 18,262

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors 451 191
Tax 16,459 11,901
Social security & other taxes 4,889 4,966
Accrued expenses 26,150 26,000
47,949 43,058

8. PROVISIONS FOR LIABILITIES
2022 2021
£    £   
Deferred tax 9,323 9,409

SOJO International Partners Limited (Registered number: 00669176)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2022

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 July 2021 9,409
Provided during year (86 )
Balance at 30 June 2022 9,323

9. CALLED UP SHARE CAPITAL




Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
480,000 Ordinary A Shares 1 480,000 480,000
60,000 Ordinary B Shares 1 60,000 60,000
60,000 Ordinary C Shares 1 60,000 60,000
600,000 600,000

10. RESERVES
Retained Non-distributable
earnings reserves Totals
£    £    £   

At 1 July 2021 1,264,438 281,647 1,546,085
Profit for the year 70,847 70,847
Dividends (50,000 ) (50,000 )
At 30 June 2022 1,285,285 281,647 1,566,932

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
SOJO International Partners Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of SOJO International Partners Limited for the year ended 30 June 2022 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of SOJO International Partners Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of SOJO International Partners Limited and state those matters that we have agreed to state to the Board of Directors of SOJO International Partners Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SOJO International Partners Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that SOJO International Partners Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of SOJO International Partners Limited. You consider that SOJO International Partners Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of SOJO International Partners Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Deeks Evans
Chartered Accountants
First Floor, West Barn
North Frith Farm, Ashes Lane
Hadlow
Tonbridge
Kent
TN11 9QU


11 August 2022