SOBTI AND SOBTI LTD

Company Registration Number:
11413796 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2023

Period of accounts

Start date: 01 July 2022

End date: 30 June 2023

SOBTI AND SOBTI LTD

Contents of the Financial Statements

for the Period Ended 30 June 2023

Balance sheet
Notes

SOBTI AND SOBTI LTD

Balance sheet

As at 30 June 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 987,388 987,388
Total fixed assets: 987,388 987,388
Current assets
Debtors:   38,016 38,016
Cash at bank and in hand: 1
Total current assets: 38,017 38,016
Creditors: amounts falling due within one year:   (2,350) (3,864)
Net current assets (liabilities): 35,667 34,152
Total assets less current liabilities: 1,023,055 1,021,540
Creditors: amounts falling due after more than one year:   (1,025,770) (1,020,994)
Total net assets (liabilities): (2,715) 546
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (2,815) 446
Shareholders funds: (2,715) 546

The notes form part of these financial statements

SOBTI AND SOBTI LTD

Balance sheet statements

For the year ending 30 June 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 12 October 2023
and signed on behalf of the board by:

Name: P SOBTI
Status: Director

The notes form part of these financial statements

SOBTI AND SOBTI LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Other accounting policies

Investment propertyInvestment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation isprovided on these gains at the rate expected to apply when the property is sold.Going concernAt the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

SOBTI AND SOBTI LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

2. Employees

2023 2022
Average number of employees during the period 0 0

SOBTI AND SOBTI LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Tangible Assets

Total
Cost £
At 01 July 2022 987,388
At 30 June 2023 987,388
Net book value
At 30 June 2023 987,388
At 30 June 2022 987,388