SO LOCALE LIMITED

Company Registration Number:
13682134 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

SO LOCALE LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

SO LOCALE LIMITED

Company Information

for the Period Ended 31 October 2023




Director: Viranjan Jayasuriya
Svetlana Montigina
Registered office: 34
Lawrence Avenue
New Malden
England
KT3 5LY
Company Registration Number: 13682134 (England and Wales)

SO LOCALE LIMITED

Balance sheet

As at 31 October 2023


Notes

2023
£
13 months to
31 Oct 2022
£
Fixed assets
Intangible assets: 4 17,223 21,528
Tangible assets: 5 4,202 0
Total fixed assets: 21,425 21,528
Current assets
Debtors: 6 0 1,000
Cash at bank and in hand: 1,133 3,960
Total current assets: 1,133 4,960
Creditors: amounts falling due within one year: 7 ( 1,245 ) ( 176 )
Net current assets (liabilities): ( 112 ) 4,784
Total assets less current liabilities: 21,313 26,312
Creditors: amounts falling due after more than one year: 8 ( 31,000 ) ( 27,683 )
Total net assets (liabilities): ( 9,687 ) ( 1,371 )

The notes form part of these financial statements

SO LOCALE LIMITED

Balance sheet continued

As at 31 October 2023


Notes

2023
£
13 months to
31 Oct 2022
£
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: ( 10,687 ) ( 2,371 )
Shareholders funds: ( 9,687 ) ( 1,371 )

For the year ending 31 October 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 25 June 2024
And Signed On Behalf Of The Board By:

Name: Viranjan Jayasuriya
Status: Director

The notes form part of these financial statements

SO LOCALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents net invoiced sales of services, excluding value add tax

    Tangible fixed assets depreciation policy

    Depreciation is based on 5 year straight line bases.

    Intangible fixed assets amortisation policy

    Depreciation is based on 5 year straight line bases.

SO LOCALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees


    2023
    13 months to
    31 Oct 2022
    Average number of employees during the period 1 1

SO LOCALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 3. Off balance sheet disclosure

    No

SO LOCALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Intangible assets

Other Total
Cost £ £
At 01 November 2022 21,528 21,528
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 October 2023 21,528 21,528
Amortisation
Amortisation at 01 November 2022 0 0
Charge for year 4,305 4,305
On disposals - -
Other adjustments - -
Amortisation at 31 October 2023 4,305 4,305
Net book value
Net book value at 31 October 2023 17,223 17,223
Net book value at 31 October 2022 21,528 21,528

SO LOCALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

5. Tangible assets

Office equipment Total
Cost £ £
At 01 November 2022 0 0
Additions 5,253 5,253
Disposals - -
Revaluations - -
Transfers - -
At 31 October 2023 5,253 5,253
Depreciation
At 01 November 2022 0 0
Charge for year 1,051 1,051
On disposals - -
Other adjustments - -
At 31 October 2023 1,051 1,051
Net book value
At 31 October 2023 4,202 4,202
At 31 October 2022 0 0

SO LOCALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

6. Debtors


2023
£
13 months to
31 Oct 2022
£
Other debtors 0 1,000
Total 0 1,000

SO LOCALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

7.Creditors: amounts falling due within one year note


2023
£
13 months to
31 Oct 2022
£
Other creditors 1,245 176
Total 1,245 176

SO LOCALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

8.Creditors: amounts falling due after more than one year


2023
£
13 months to
31 Oct 2022
£
Other creditors 31,000 27,683
Total 31,000 27,683