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Company Registration No. 09399772 (England and Wales)
Sonia Linens Limited Unaudited accounts for the year ended 31 January 2024
Sonia Linens Limited Unaudited accounts Contents
Page
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Sonia Linens Limited Company Information for the year ended 31 January 2024
Director
Feng Sha
Company Number
09399772 (England and Wales)
Registered Office
Unit 1 South Cambridge Business Park Babraham Road, Sawston Cambridge CB22 3JH England
Accountants
Anthony Daniel Associates Ltd 10 Julian Place London E14 3AT
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Sonia Linens Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,392 
8,940 
Current assets
Inventories
400,000 
350,000 
Debtors
19,669 
27,197 
Cash at bank and in hand
634 
4,198 
420,303 
381,395 
Creditors: amounts falling due within one year
(221,959)
(88,365)
Net current assets
198,344 
293,030 
Total assets less current liabilities
206,736 
301,970 
Creditors: amounts falling due after more than one year
(543,215)
(676,397)
Net liabilities
(336,479)
(374,427)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(336,579)
(374,527)
Shareholders' funds
(336,479)
(374,427)
For the year ending 31 January 2024 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 his 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 21 October 2024 and were signed on its behalf by
Feng Sha Director Company Registration No. 09399772
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Sonia Linens Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Sonia Linens Limited is a private company, limited by shares, registered in England and Wales, registration number 09399772. The registered office is Unit 1 South Cambridge Business Park, Babraham Road, Sawston, Cambridge, CB22 3JH, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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:
Fixtures & fittings
5% on cost
Computer equipment
20% on cost
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
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.
Going concern
These accounts have been prepared on the going concern basis, on the understanding that the director and shareholders will continue to financially support the company during this uncertain period.
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Sonia Linens Limited Notes to the Accounts for the year ended 31 January 2024
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2023
10,410 
10,506 
20,916 
Additions
- 
607 
607 
At 31 January 2024
10,410 
11,113 
21,523 
Depreciation
At 1 February 2023
3,566 
8,410 
11,976 
Charge for the year
520 
635 
1,155 
At 31 January 2024
4,086 
9,045 
13,131 
Net book value
At 31 January 2024
6,324 
2,068 
8,392 
At 31 January 2023
6,844 
2,096 
8,940 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
6,999 
Accrued income and prepayments
2,693 
3,222 
Other debtors
16,976 
16,976 
19,669 
27,197 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
11,838 
4,487 
Trade creditors
10,975 
2,287 
Taxes and social security
23,319 
39,095 
Other creditors
2,992 
941 
Loans from directors
171,235 
39,955 
Accruals
1,600 
1,600 
221,959 
88,365 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
107,665 
240,847 
Other creditors
435,550 
435,550 
543,215 
676,397 
Included in amounts falling due after more than one year is director, Mr. Feng Sha's loan of £435,550 (2023 : £435,550), which is payable at the end of five year terms. The loan is unsecured and subordinated in favour of third party creditors.
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Sonia Linens Limited Notes to the Accounts for the year ended 31 January 2024
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Controlling party
The ultimate controlling party is Mr. Feng Sha, who is the sole director and holds one hundred percent of the company shares.
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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