IRIS Accounts Production v24.1.0.578 14771899 Board of Directors 31.3.23 31.3.24 31.3.24 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh147718992023-03-30147718992024-03-31147718992023-03-312024-03-31147718992023-03-3014771899ns15:EnglandWales2023-03-312024-03-3114771899ns14:PoundSterling2023-03-312024-03-3114771899ns10:Director12023-03-312024-03-3114771899ns10:PrivateLimitedCompanyLtd2023-03-312024-03-3114771899ns10:SmallEntities2023-03-312024-03-3114771899ns10:AuditExempt-NoAccountantsReport2023-03-312024-03-3114771899ns10:SmallCompaniesRegimeForDirectorsReport2023-03-312024-03-3114771899ns10:SmallCompaniesRegimeForAccounts2023-03-312024-03-3114771899ns10:FullAccounts2023-03-312024-03-3114771899ns10:Director22023-03-312024-03-3114771899ns10:Director32023-03-312024-03-3114771899ns10:RegisteredOffice2023-03-312024-03-3114771899ns5:CurrentFinancialInstruments2024-03-3114771899ns5:ShareCapital2024-03-3114771899ns5:RetainedEarningsAccumulatedLosses2024-03-3114771899ns5:LandBuildings2023-03-312024-03-3114771899ns5:PlantMachinery2023-03-312024-03-3114771899ns5:LandBuildings2024-03-3114771899ns5:PlantMachinery2024-03-3114771899ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-31
REGISTERED NUMBER: 14771899 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 31 MARCH 2023 TO 31 MARCH 2024

FOR

SOMNER PROPERTIES LIMITED

SOMNER PROPERTIES LIMITED (REGISTERED NUMBER: 14771899)






CONTENTS OF THE FINANCIAL STATEMENTS
for the period 31 March 2023 to 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SOMNER PROPERTIES LIMITED

COMPANY INFORMATION
for the period 31 March 2023 to 31 March 2024







DIRECTORS: J J Somner
C E H Somner
Mrs A Somner





REGISTERED OFFICE: 88 Crawford Street
London
United Kingdom
W1H 2EJ





REGISTERED NUMBER: 14771899 (England and Wales)





ACCOUNTANT: Cameron Baum Hollander Limited
Chartered Accountants
88 Crawford Street
London
W1H 2EJ

SOMNER PROPERTIES LIMITED (REGISTERED NUMBER: 14771899)

BALANCE SHEET
31 March 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 887,344

CURRENT ASSETS
Debtors 5 2,166
Cash at bank 9,468
11,634
CREDITORS
Amounts falling due within one year 6 890,223
NET CURRENT LIABILITIES (878,589 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,755

CAPITAL AND RESERVES
Called up share capital 99
Retained earnings 8,656
8,755

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 June 2024 and were signed on its behalf by:





C E H Somner - Director


SOMNER PROPERTIES LIMITED (REGISTERED NUMBER: 14771899)

NOTES TO THE FINANCIAL STATEMENTS
for the period 31 March 2023 to 31 March 2024

1. STATUTORY INFORMATION

Somner Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
Additions 808,434 78,910 887,344
At 31 March 2024 808,434 78,910 887,344
NET BOOK VALUE
At 31 March 2024 808,434 78,910 887,344

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 2,166

SOMNER PROPERTIES LIMITED (REGISTERED NUMBER: 14771899)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the period 31 March 2023 to 31 March 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other creditors 890,223

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The directors' loans totalling £871,420 and included within Other Creditors are interest free, with no specified date of repayment.