IRIS Accounts Production v23.3.0.418 06459455 Board of Directors 1.3.22 28.2.23 28.2.23 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure064594552022-02-28064594552023-02-28064594552022-03-012023-02-28064594552021-02-28064594552021-03-012022-02-28064594552022-02-2806459455ns16:EnglandWales2022-03-012023-02-2806459455ns15:PoundSterling2022-03-012023-02-2806459455ns11:Director12022-03-012023-02-2806459455ns11:PrivateLimitedCompanyLtd2022-03-012023-02-2806459455ns11:SmallEntities2022-03-012023-02-2806459455ns11:AuditExempt-NoAccountantsReport2022-03-012023-02-2806459455ns11:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2806459455ns11:SmallCompaniesRegimeForAccounts2022-03-012023-02-2806459455ns11:FullAccounts2022-03-012023-02-280645945512022-03-012023-02-2806459455ns11:OrdinaryShareClass12022-03-012023-02-2806459455ns11:Director22022-03-012023-02-2806459455ns11:RegisteredOffice2022-03-012023-02-2806459455ns6:CurrentFinancialInstruments2023-02-2806459455ns6:CurrentFinancialInstruments2022-02-2806459455ns6:Non-currentFinancialInstruments2023-02-2806459455ns6:Non-currentFinancialInstruments2022-02-2806459455ns6:ShareCapital2023-02-2806459455ns6:ShareCapital2022-02-2806459455ns6:RetainedEarningsAccumulatedLosses2023-02-2806459455ns6:RetainedEarningsAccumulatedLosses2022-02-2806459455ns6:FurnitureFittings2022-03-012023-02-2806459455ns6:MotorVehicles2022-03-012023-02-2806459455ns6:ComputerEquipment2022-03-012023-02-2806459455ns6:NetGoodwill2022-02-2806459455ns6:NetGoodwill2023-02-2806459455ns6:NetGoodwill2022-02-2806459455ns6:FurnitureFittings2022-02-2806459455ns6:MotorVehicles2022-02-2806459455ns6:ComputerEquipment2022-02-2806459455ns6:FurnitureFittings2023-02-2806459455ns6:MotorVehicles2023-02-2806459455ns6:ComputerEquipment2023-02-2806459455ns6:FurnitureFittings2022-02-2806459455ns6:MotorVehicles2022-02-2806459455ns6:ComputerEquipment2022-02-2806459455ns6:MotorVehiclesns6:LeasedAssetsHeldAsLessee2022-02-2806459455ns6:MotorVehiclesns6:LeasedAssetsHeldAsLessee2023-02-2806459455ns6:MotorVehiclesns6:LeasedAssetsHeldAsLessee2022-02-2806459455ns6:WithinOneYearns6:CurrentFinancialInstruments2023-02-2806459455ns6:WithinOneYearns6:CurrentFinancialInstruments2022-02-2806459455ns6:DeferredTaxation2022-02-2806459455ns6:DeferredTaxation2022-03-012023-02-2806459455ns6:DeferredTaxation2023-02-2806459455ns11:OrdinaryShareClass12023-02-28064594552ns11:Director22022-02-28064594552ns11:Director22021-02-28064594552ns11:Director22022-03-012023-02-28064594552ns11:Director22021-03-012022-02-28064594552ns11:Director22023-02-28064594552ns11:Director22022-02-28
REGISTERED NUMBER: 06459455 (England and Wales)














Unaudited Financial Statements

for the Year Ended 28 February 2023

for

SONEX TRANSPORT LIMITED

SONEX TRANSPORT LIMITED (REGISTERED NUMBER: 06459455)

Contents of the Financial Statements
for the year ended 28 February 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SONEX TRANSPORT LIMITED

Company Information
for the year ended 28 February 2023







Directors: Mr M W Johnson
Mrs A I Johnson





Registered office: Juniper House
Warley Hill Business Park
The Drive
Brentwood
Essex
CM13 3BE





Registered number: 06459455 (England and Wales)





Accountants: Haines Watts South East LLP
Chartered Accountants
Juniper House
Warley Hill Business Park
The Drive
Brentwood
Essex
CM13 3BE

SONEX TRANSPORT LIMITED (REGISTERED NUMBER: 06459455)

Balance Sheet
28 February 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Intangible assets 4 - -
Tangible assets 5 656 1,095
656 1,095

Current assets
Debtors 6 69,601 72,167
Cash at bank and in hand 33,209 30,072
102,810 102,239
Creditors
Amounts falling due within one year 7 56,975 50,419
Net current assets 45,835 51,820
Total assets less current liabilities 46,491 52,915

Creditors
Amounts falling due after more than one
year

8

(26,076

)

(29,998

)

Provisions for liabilities 9 (125 ) (208 )
Net assets 20,290 22,709

Capital and reserves
Called up share capital 10 2 2
Retained earnings 20,288 22,707
Shareholders' funds 20,290 22,709

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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.

SONEX TRANSPORT LIMITED (REGISTERED NUMBER: 06459455)

Balance Sheet - continued
28 February 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 November 2023 and were signed on its behalf by:





Mrs A I Johnson - Director


SONEX TRANSPORT LIMITED (REGISTERED NUMBER: 06459455)

Notes to the Financial Statements
for the year ended 28 February 2023


1. Statutory information

Sonex Transport 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. Employees and directors

The average number of employees during the year was 2 (2022 - 2 ) .

SONEX TRANSPORT LIMITED (REGISTERED NUMBER: 06459455)

Notes to the Financial Statements - continued
for the year ended 28 February 2023


4. Intangible fixed assets
Goodwill
£   
Cost
At 1 March 2022
and 28 February 2023 20,000
Amortisation
At 1 March 2022
and 28 February 2023 20,000
Net book value
At 28 February 2023 -
At 28 February 2022 -

5. Tangible fixed assets
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
Cost
At 1 March 2022
and 28 February 2023 541 29,840 1,218 31,599
Depreciation
At 1 March 2022 194 29,840 470 30,504
Charge for year 135 - 304 439
At 28 February 2023 329 29,840 774 30,943
Net book value
At 28 February 2023 212 - 444 656
At 28 February 2022 347 - 748 1,095

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
Cost
At 1 March 2022
and 28 February 2023 29,840
Depreciation
At 1 March 2022
and 28 February 2023 29,840
Net book value
At 28 February 2023 -
At 28 February 2022 -

SONEX TRANSPORT LIMITED (REGISTERED NUMBER: 06459455)

Notes to the Financial Statements - continued
for the year ended 28 February 2023


6. Debtors: amounts falling due within one year
2023 2022
£    £   
Trade debtors 61,178 49,705
Other debtors 8,423 22,462
69,601 72,167

7. Creditors: amounts falling due within one year
2023 2022
£    £   
Bank loans and overdrafts 3,500 3,500
Hire purchase contracts 376 4,389
Trade creditors 15,861 303
Taxation and social security 34,920 39,904
Other creditors 2,318 2,323
56,975 50,419

8. Creditors: amounts falling due after more than one year
2023 2022
£    £   
Bank loans 26,076 29,622
Hire purchase contracts - 376
26,076 29,998

9. Provisions for liabilities
2023 2022
£    £   
Deferred tax 125 208

Deferred
tax
£   
Balance at 1 March 2022 208
Provided during year (83 )
Balance at 28 February 2023 125

10. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary £1 2 2

SONEX TRANSPORT LIMITED (REGISTERED NUMBER: 06459455)

Notes to the Financial Statements - continued
for the year ended 28 February 2023


11. Directors' advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 28 February 2023 and 28 February 2022:

2023 2022
£    £   
Mr M W Johnson
Balance outstanding at start of year (222 ) 932
Amounts advanced 66,345 75,117
Amounts repaid (66,141 ) (76,271 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (18 ) (222 )