Caseware UK (AP4) 2022.0.179 2022.0.179 2022-11-302022-11-30false2021-12-01No description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 06000154 2021-12-01 2022-11-30 06000154 2020-12-01 2021-11-30 06000154 2022-11-30 06000154 2021-11-30 06000154 c:Director1 2021-12-01 2022-11-30 06000154 d:FurnitureFittings 2021-12-01 2022-11-30 06000154 d:FurnitureFittings 2022-11-30 06000154 d:FurnitureFittings 2021-11-30 06000154 d:FurnitureFittings d:OwnedOrFreeholdAssets 2021-12-01 2022-11-30 06000154 d:ComputerEquipment 2021-12-01 2022-11-30 06000154 d:ComputerEquipment 2022-11-30 06000154 d:ComputerEquipment 2021-11-30 06000154 d:ComputerEquipment d:OwnedOrFreeholdAssets 2021-12-01 2022-11-30 06000154 d:OwnedOrFreeholdAssets 2021-12-01 2022-11-30 06000154 d:CurrentFinancialInstruments 2022-11-30 06000154 d:CurrentFinancialInstruments 2021-11-30 06000154 d:Non-currentFinancialInstruments 2022-11-30 06000154 d:Non-currentFinancialInstruments 2021-11-30 06000154 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 06000154 d:CurrentFinancialInstruments d:WithinOneYear 2021-11-30 06000154 d:Non-currentFinancialInstruments d:AfterOneYear 2022-11-30 06000154 d:Non-currentFinancialInstruments d:AfterOneYear 2021-11-30 06000154 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-11-30 06000154 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2021-11-30 06000154 d:ShareCapital 2022-11-30 06000154 d:ShareCapital 2021-11-30 06000154 d:RetainedEarningsAccumulatedLosses 2022-11-30 06000154 d:RetainedEarningsAccumulatedLosses 2021-11-30 06000154 c:FRS102 2021-12-01 2022-11-30 06000154 c:AuditExempt-NoAccountantsReport 2021-12-01 2022-11-30 06000154 c:FullAccounts 2021-12-01 2022-11-30 06000154 c:PrivateLimitedCompanyLtd 2021-12-01 2022-11-30 iso4217:GBP xbrli:pure

Registered number: 06000154









SOPHORA PROPERTIES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2022

 
SOPHORA PROPERTIES LIMITED
REGISTERED NUMBER: 06000154

STATEMENT OF FINANCIAL POSITION
AS AT 30 NOVEMBER 2022

2022
2021
Note
£
£

Fixed assets
  

Tangible assets
 3 
828
1,159

  
828
1,159

Current assets
  

Debtors: amounts falling due within one year
 4 
906
285,012

Cash at bank and in hand
 5 
9,090
1,409

  
9,996
286,421

Creditors: amounts falling due within one year
 6 
(87,838)
(318,944)

Net current liabilities
  
 
 
(77,842)
 
 
(32,523)

Total assets less current liabilities
  
(77,014)
(31,364)

Creditors: amounts falling due after more than one year
 7 
(21,282)
(26,805)

  

Net liabilities
  
(98,296)
(58,169)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(98,396)
(58,269)

  
(98,296)
(58,169)


Page 1

 
SOPHORA PROPERTIES LIMITED
REGISTERED NUMBER: 06000154
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 NOVEMBER 2022

The Director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Director acknowledges his 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 2 November 2023.




G McCormick
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
SOPHORA PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2022

1.


General information

Sophora Properties Limited is a private company limited by shares and incorporated in England (registration no. 06000154). The registered office is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH.
The financial statements are presented in Sterling, which is the functional currency of the company.

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.

The following principal accounting policies have been applied:

 
2.2

Going concern

In assessing the ability of the company to operate as a going concern, management have evaluated current and forecasted operational results, and the solvency of the company. As a result, the director considers it appropriate to prepare the financial statements on a going concern basis.

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures and fittings
-
15% per annum - reducing balance basis
Computer equipment
-
33% per annum - reducing balance basis

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 3

 
SOPHORA PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2022

2.Accounting policies (continued)

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

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.

 
2.7

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.


3.


Tangible fixed assets





Fixtures and fittings
Computer equipment
Total

£
£
£



Cost or valuation


At 1 December 2021
1,402
2,440
3,842



At 30 November 2022

1,402
2,440
3,842



Depreciation


At 1 December 2021
1,114
1,570
2,684


Charge for the year on owned assets
43
287
330



At 30 November 2022

1,157
1,857
3,014



Net book value



At 30 November 2022
245
583
828



At 30 November 2021
288
871
1,159

Page 4

 
SOPHORA PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2022

4.


Debtors

2022
2021
£
£


Trade debtors
907
46,808

Other debtors
(1)
238,204

906
285,012



5.


Cash and cash equivalents

2022
2021
£
£

Cash at bank and in hand
9,089
1,409

9,089
1,409



6.


Creditors: Amounts falling due within one year

2022
2021
£
£

Trade creditors
14,492
17,070

Corporation tax
31,134
37,329

Other taxation and social security
2,531
7,240

Other creditors
35,381
254,555

Accruals and deferred income
4,300
2,750

87,838
318,944



7.


Creditors: Amounts falling due after more than one year

2022
2021
£
£

Bank loans
21,282
26,805

21,282
26,805


Page 5

 
SOPHORA PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2022

8.


Loans


Analysis of the maturity of loans is given below:


2022
2021
£
£



Amounts falling due 2-5 years

Bank loans
21,282
26,805


21,282
26,805


21,282
26,805


 
Page 6