2022-11-01 SC600629 2023-10-31 SC600629 2022-11-01 2023-10-31 SC600629 2022-10-31 SC600629 2021-11-01 2022-10-31 SC600629 uk-core:WithinOneYear 2022-10-31 SC600629 uk-core:WithinOneYear 2023-10-31 SC600629 uk-core:AfterOneYear 2022-10-31 SC600629 uk-core:AfterOneYear 2023-10-31 SC600629 uk-core:ShareCapital 2023-10-31 SC600629 uk-core:ShareCapital 2022-10-31 SC600629 uk-core:RetainedEarningsAccumulatedLosses 2023-10-31 SC600629 uk-core:RetainedEarningsAccumulatedLosses 2022-10-31 SC600629 uk-bus:Director1 2022-11-01 2023-10-31 SC600629 uk-core:Buildings 2022-11-01 2023-10-31 SC600629 uk-core:ComputerEquipment 2022-11-01 2023-10-31 SC600629 uk-core:ComputerEquipment 2022-10-31 SC600629 uk-core:Buildings 2022-10-31 SC600629 uk-core:Buildings 2023-10-31 SC600629 uk-core:ComputerEquipment 2023-10-31 iso4217:GBP xbrli:pure SC600629 uk-bus:AuditExemptWithAccountantsReport 2022-11-01 2023-10-31 SC600629 uk-bus:FRS102 2022-11-01 2023-10-31 SC600629 uk-bus:FilletedAccounts 2022-11-01 2023-10-31 SC600629 uk-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31
Sonsar Property Investment Ltd
Registered Number:SC600629
For the year ended 31 October 2023
Scotland
Unaudited Financial Statements
2
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
3
Registered Number :
SC600629
As at 31 October 2023
Sonsar Property Investment Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
625,105
625,211
2
625,105
625,211
Current assets
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
Capital and reserves
Called up share capital
100
100
Retained earnings
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.
Gary Watson Director
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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4
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
Registered address:
2-4 Salamander Place
Edinburgh
EH6 7JB
The presentation currency is £ sterling.
1. Accounting policies
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
0%
20% Straight line
Computer Equipment
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5
For the year ended 31 October 2023
Sonsar Property Investment Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
Equipment
Land and
Buildings
£
£
£
Cost or
valuation
At 01 November 2022
625,529
529
625,000
At 31 October 2023
625,000
529
625,529
Provision for depreciation and impairment
At 01 November 2022
318
318
-
Charge for year
106
106
-
At 31 October 2023
424
424
-
At 31 October 2023
Net book value
625,000
105
625,105
At 31 October 2022
625,000
211
625,211
3. Trade and other receivables
2022
2023
£
£
Other debtors
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
Other creditors
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
Directors' loan accounts
6. Average number of persons employed
During the year the average number of employees was 0
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