Company Registration No. 13794685 (England and Wales)
SONIX SOLUTIONS LTD
Unaudited accounts
for the year ended 31 December 2023
SONIX SOLUTIONS LTD
Unaudited accounts
Contents
SONIX SOLUTIONS LTD
Company Information
for the year ended 31 December 2023
Director
Maureen Carmen Corretta Fry
Company Number
13794685 (England and Wales)
Registered Office
62A HIGH STREET
AVELEY
SOUTH OCKENDON
RM15 4BX
ENGLAND
Accountants
D K OBENG GROUP
120 DALMALLY ROAD
CROYDON
SURREY
CR0 6LT
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
SONIX SOLUTIONS LTD
for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
SONIX SOLUTIONS LTD for the year ended
31 December 2023 as set out on pages
5 -
7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of SONIX SOLUTIONS LTD, as a body, in accordance with the terms of our engagement letter dated 30 March 2023. Our work has been undertaken solely to prepare for your approval the accounts of SONIX SOLUTIONS LTD and state those matters that we have agreed to state to the Board of Directors of SONIX SOLUTIONS LTD, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SONIX SOLUTIONS LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that SONIX SOLUTIONS LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of SONIX SOLUTIONS LTD. You consider that SONIX SOLUTIONS LTD 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 accounts of SONIX SOLUTIONS LTD. 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 accounts.
D K OBENG GROUP
Chartered Certified Accountants
120 DALMALLY ROAD
CROYDON
SURREY
CR0 6LT
29 January 2024
SONIX SOLUTIONS LTD
Statement of financial position
as at 31 December 2023
Tangible assets
5,438
1,429
Cash at bank and in hand
257,102
28,850
Creditors: amounts falling due within one year
(414,883)
(29,763)
Net current liabilities
(8,534)
(913)
Total assets less current liabilities
(3,096)
516
Provisions for liabilities
Net (liabilities)/assets
(4,129)
244
Called up share capital
10
10
Profit and loss account
(4,139)
234
Shareholders' funds
(4,129)
244
For the year ending 31 December 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 director acknowledges her 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 and authorised for issue on 29 January 2024 and were signed on its behalf by
Maureen Carmen Corretta Fry
Director
Company Registration No. 13794685
SONIX SOLUTIONS LTD
Notes to the Accounts
for the year ended 31 December 2023
SONIX SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 13794685. The registered office is 62A HIGH STREET, AVELEY, SOUTH OCKENDON, RM15 4BX, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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:
Computer equipment
33.33% Straight Line
The Financial Statements have been prepared on a going concern basis, despite the company's balance sheet showing net liabilities of £4,129. This does not indicate that the company may be unable to continue trading. Based on the current forecasts the directors have indicated that they have the resources to make funds available to the company to enable it to meet its debts as and when they fall due for a period of at least twelve months from the date of approval of these financial statements and they are of the opinion that the going concern basis is appropriate.
SONIX SOLUTIONS LTD
Notes to the Accounts
for the year ended 31 December 2023
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Accrued income and prepayments
145,677
-
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
2,087
-
Other creditors
1,000
2,000
Loans from directors
879
320
7
Average number of employees
During the year the average number of employees was 5 (2022: 2).