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Company Registration No. 09342209 (England and Wales)
Sophia Investments Limited Unaudited accounts for the year ended 31 March 2023
Sophia Investments Limited Unaudited accounts Contents
Page
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Sophia Investments Limited Company Information for the year ended 31 March 2023
Directors
Hasnain Fida Hussein Fazal Hussein Hasnain Fidahussein Fazal Shabira Hasnain Fazal
Company Number
09342209 (England and Wales)
Registered Office
KEYS COURT 82-84 MOSELEY STREET DIGBETH BIRMINGHAM B12 0RT
Accountants
Manor Hill Accountants 305 Baldwins Lane Hall Green Birmingham West Midlands B28 0RG
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Sophia Investments Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
907,906 
1,036,261 
Current assets
Inventories
- 
870,397 
Debtors
1,043,663 
238,193 
Cash at bank and in hand
252,416 
124,640 
1,296,079 
1,233,230 
Creditors: amounts falling due within one year
(1,847,197)
(1,890,481)
Net current liabilities
(551,118)
(657,251)
Total assets less current liabilities
356,788 
379,010 
Creditors: amounts falling due after more than one year
(37,577)
(48,432)
Provisions for liabilities
Other provisions
(15,571)
(15,571)
Net assets
303,640 
315,007 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
133,014 
133,014 
Profit and loss account
170,526 
181,893 
Shareholders' funds
303,640 
315,007 
For the year ending 31 March 2023 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 21 November 2023 and were signed on its behalf by
Hasnain Fida Hussein Fazal Director Company Registration No. 09342209
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Sophia Investments Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Sophia Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 09342209. The registered office is KEYS COURT 82-84 MOSELEY STREET, DIGBETH, BIRMINGHAM, B12 0RT.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
15% Reducing balance
Motor vehicles
20% Reducing balance
Fixtures & fittings
15% Reducing balance
Computer equipment
15% Reducing balance
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2022
877,414 
278,294 
39,499 
1,195,207 
Additions
10,000 
20,658 
- 
30,658 
Disposals
- 
(241,637)
(39,499)
(281,136)
At 31 March 2023
887,414 
57,315 
- 
944,729 
Depreciation
At 1 April 2022
- 
141,871 
17,075 
158,946 
Charge for the year
- 
3,616 
- 
3,616 
On disposals
- 
(108,664)
(17,075)
(125,739)
At 31 March 2023
- 
36,823 
- 
36,823 
Net book value
At 31 March 2023
887,414 
20,492 
- 
907,906 
At 31 March 2022
877,414 
136,423 
22,424 
1,036,261 
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Sophia Investments Limited Notes to the Accounts for the year ended 31 March 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,037,663 
214,922 
Other debtors
6,000 
23,271 
1,043,663 
238,193 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
193,051 
214,302 
VAT
182,702 
93,024 
Trade creditors
98,561 
167,260 
Taxes and social security
15,440 
14,065 
Other creditors
1,270,516 
1,296,363 
Loans from directors
12,927 
7,925 
Accruals
4,000 
27,542 
Deferred income
70,000 
70,000 
1,847,197 
1,890,481 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
37,577 
48,432 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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