Sonsar Property Investment Ltd |
Registered Number:SC600629 |
For the year ended 31 October 2023
Scotland
Unaudited Financial Statements
For the year ended 31 October 2023
Sonsar Property Investment Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Sonsar Property Investment Ltd
Statement of Financial Position
2022
2023
Property, plant and equipment |
625,105
625,211
2
625,105
625,211
Trade and other receivables |
1,580
1,580
3
737
Cash and cash equivalents |
366
1,946
2,317
Trade and other payables: amounts falling due within one |
year |
(1,925)
(3,884)
4
392
(1,938)
Net current liabilities
Total assets less current liabilities |
623,167
625,603
Trade and other payables: amounts falling due after more |
than one year |
(624,233)
(617,402)
5
5,765
Net assets
1,370
100
100
5,665
1,270
5,765
1,370
Shareholders' funds
For the year ended 31 October 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 of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 22 July 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 October 2023
Sonsar Property Investment Ltd
Notes to the Financial Statements
Statutory Information
Sonsar Property Investment Ltd is a private limited company, limited by shares, domiciled in Scotland, registration |
number SC600629. |
Principal place of business: |
17 Stein Terrace
Ferniegair
Hamilton
Lanarkshire
ML3 7FR
2-4 Salamander Place
Edinburgh
EH6 7JB
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Land and Buildings
Computer Equipment
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For the year ended 31 October 2023
Sonsar Property Investment Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment |
625,529
529
625,000
625,000
529
625,529
Provision for depreciation and impairment |
318
318
-
Charge for year
106
106
-
424
424
-
625,000
105
625,105
625,000
211
625,211
3. Trade and other receivables |
2022
2023
1,580
1,580
4. Trade and other payables: amounts falling due within one year |
2022
2023
Taxation and social security |
1,756
1,047
2,128
878
3,884
1,925
5. Trade and other payables: amounts falling due after more than one year |
2022
2023
624,233
617,402
6. Average number of persons employed |
During the year the average number of employees was 0
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