Sophie LH Baker Limited 14675516 false 2023-02-20 2024-02-28 2024-02-28 The principal activity of the company is property rental. Digita Accounts Production Advanced 6.30.9574.0 true true 14675516 2023-02-20 2024-02-28 14675516 2024-02-28 14675516 bus:OrdinaryShareClass1 2024-02-28 14675516 core:CurrentFinancialInstruments 2024-02-28 14675516 core:CurrentFinancialInstruments core:WithinOneYear 2024-02-28 14675516 core:Non-currentFinancialInstruments 2024-02-28 14675516 core:Non-currentFinancialInstruments core:AfterOneYear 2024-02-28 14675516 core:FurnitureFittingsToolsEquipment 2024-02-28 14675516 bus:SmallEntities 2023-02-20 2024-02-28 14675516 bus:AuditExemptWithAccountantsReport 2023-02-20 2024-02-28 14675516 bus:FilletedAccounts 2023-02-20 2024-02-28 14675516 bus:SmallCompaniesRegimeForAccounts 2023-02-20 2024-02-28 14675516 bus:RegisteredOffice 2023-02-20 2024-02-28 14675516 bus:Director1 2023-02-20 2024-02-28 14675516 bus:OrdinaryShareClass1 2023-02-20 2024-02-28 14675516 bus:PrivateLimitedCompanyLtd 2023-02-20 2024-02-28 14675516 core:FurnitureFittings 2023-02-20 2024-02-28 14675516 core:FurnitureFittingsToolsEquipment 2023-02-20 2024-02-28 14675516 core:InvestmentPropertyIncludedWithinPPE 2023-02-20 2024-02-28 14675516 countries:AllCountries 2023-02-20 2024-02-28 iso4217:GBP xbrli:pure xbrli:shares

Registrar

Registration number: 14675516

Sophie LH Baker Limited

Unaudited Filleted Financial Statements

for the Period from 20 February 2023 to 28 February 2024

 

Sophie LH Baker Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

Sophie LH Baker Limited

Company Information

Directors

S L H Baker

Registered office

362 Ewell Road
Surbiton
Surrey
KT6 7AX

Accountants

Lambert Chapman LLP
Chartered accountants
3 Warners Mill
Silks Way
Braintree
Essex
CM7 3GB

 

Sophie LH Baker Limited

(Registration number: 14675516)
Balance Sheet as at 28 February 2024

Note

2024
£

Fixed assets

 

Tangible assets

4

2,953

Investment property

5

165,499

 

168,452

Current assets

 

Debtors

6

709

Cash at bank and in hand

 

170

 

879

Creditors: Amounts falling due within one year

7

(59,864)

Net current liabilities

 

(58,985)

Total assets less current liabilities

 

109,467

Creditors: Amounts falling due after more than one year

7

(121,847)

Net liabilities

 

(12,380)

Capital and reserves

 

Called up share capital

8

1

Retained earnings

(12,381)

Shareholders' deficit

 

(12,380)

For the financial period ended 28 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 14 November 2024
 

S L H Baker
Director

 

Sophie LH Baker Limited

Notes to the Unaudited Financial Statements for the Period from 20 February 2023 to 28 February 2024

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is: 362 Ewell Road, Surbiton, Surrey, KT6 7AX, England.

These financial statements were authorised for issue by the director on 14 November 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.

These financial statements are presented in Sterling (£), which is the company's functional currency.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for rental services in the ordinary course of the company’s activities.

The company recognises revenue when:
- the amount of revenue can be reliably measured;
- it is probable that future economic benefits will flow to the entity;
- and specific criteria have been met for each of the company's activities.

Tax

Current Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation.

Depreciation

Depreciation is charged so as to write off the cost or valuation of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Investment property

Not depreciated

Furniture and fittings

3 years straight line

 

Sophie LH Baker Limited

Notes to the Unaudited Financial Statements for the Period from 20 February 2023 to 28 February 2024

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by the director. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in the profit or loss account.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

 

Sophie LH Baker Limited

Notes to the Unaudited Financial Statements for the Period from 20 February 2023 to 28 February 2024

4

Tangible assets

Furniture and fittings
 £

Total
£

Cost or valuation

Additions

3,491

3,491

At 28 February 2024

3,491

3,491

Depreciation

Charge for the period

538

538

At 28 February 2024

538

538

Carrying amount

At 28 February 2024

2,953

2,953

5

Investment properties

2024
£

Additions

165,499

At 28 February 2024

165,499

There has been no valuation of investment property by an independent valuer.

6

Debtors

2024
£

Prepayments

709

709

7

Creditors

Creditors: amounts falling due within one year

2024
£

Due within one year

Directors loan

59,012

Accruals

852

59,864

 

Sophie LH Baker Limited

Notes to the Unaudited Financial Statements for the Period from 20 February 2023 to 28 February 2024

Creditors: amounts falling due after more than one year

Note

2024
£

Due after one year

 

Loans and borrowings

9

121,847



Creditors falling due after one year include bank loans which are secured against investment property of £121,847.

Creditors include bank loans not repayable by instalments of £121,847 due after more than five years.

8

Share capital

Allotted, called up and fully paid shares

2024

No.

£

Ordinary £1 shares

1

1

   

9

Loans and borrowings

Non-current loans and borrowings

2024
£

Bank borrowings

121,847