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REGISTERED NUMBER: 00425834















Somerlee Investments Limited

Unaudited Financial Statements

for the Year Ended 31 May 2024






Somerlee Investments Limited (Registered number: 00425834)

Contents of the Financial Statements
for the year ended 31 May 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Somerlee Investments Limited

Company Information
for the year ended 31 May 2024







Directors: C N Wimborne
D C Wimborne





Secretary: D C Wimborne





Registered office: New Derwent House
69-73 Theobalds Road
London
WC1X 8TA





Registered number: 00425834





Accountants: Cooper Parry Advisory Limited
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA

Somerlee Investments Limited (Registered number: 00425834)

Balance Sheet
31 May 2024

2024 2023
Notes £ £
Current assets
Debtors 3 5,500 -
Cash at bank 203 513
5,703 513
Creditors
Amounts falling due within one year 4 800 9,270
Net current assets/(liabilities) 4,903 (8,757 )
Total assets less current liabilities 4,903 (8,757 )

Capital and reserves
Called up share capital 5 2,502 2,502
Retained earnings 6 2,401 (11,259 )
Shareholders' funds 4,903 (8,757 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 3 December 2024 and were signed on its behalf by:





C N Wimborne - Director


Somerlee Investments Limited (Registered number: 00425834)

Notes to the Financial Statements
for the year ended 31 May 2024


1. 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 comprises revenue recognised by the company in respect of services supplied during the year, exclusive of Value Added Tax.

Going concern
The financial statements have been prepared on a going concern basis. The Directors have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment.

2. Employees and directors

The average number of employees during the year was 2 (2023 - 2 ) .

3. Debtors: amounts falling due within one year
2024 2023
£ £
Other debtors 5,500 -

4. Creditors: amounts falling due within one year
2024 2023
£ £
Other creditors 800 9,270

5. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
1,502 Ordinary A shares £1 1,502 1,502
20,000 Ordinary B shares 5p 1,000 1,000
2,502 2,502

6. Reserves
Retained
earnings
£

At 1 June 2023 (11,259 )
Profit for the year 13,660
At 31 May 2024 2,401

7. Related party disclosures

At the balance sheet date, the company was owed £5,500 (2023: Company owed £8,500) to a related company under common ownership.