1 June 2023 v2024.66.1 micro_entity_frs_105_v1_1_2 filingSoftwarefalsetruetruetruefalseNo description of principal activity00truexbrli:purexbrli:sharesiso4217:GBP107985442023-06-012024-05-31107985442024-05-31107985442023-05-3110798544core:WithinOneYear2024-05-3110798544core:WithinOneYear2023-05-3110798544bus:RegisteredOffice2023-06-012024-05-3110798544bus:Director12023-06-012024-05-311079854412023-06-012024-05-31107985442022-06-012023-05-3110798544countries:EnglandWales2023-06-012024-05-3110798544bus:AuditExempt-NoAccountantsReport2023-06-012024-05-3110798544bus:PrivateLimitedCompanyLtd2023-06-012024-05-3110798544bus:Micro-entities2023-06-012024-05-3110798544bus:FullAccounts2023-06-012024-05-31
Company registration number:
10798544
Sosuave Ventures Limited
Unaudited Filleted Financial Statements for the year ended
31 May 2024
Sosuave Ventures Limited
Statement of Financial Position
31 May 2024
20242023
££
Fixed assets
223,224
 
223,224
 
   
Current assets
27,106
 
23,162
 
Prepayments and accrued income
281
 
274
 
Creditors: amounts falling due within one year
(229,143
)
(229,737
)
Net current liabilities
(201,756
)
(206,301
)
Total assets less current liabilities
21,468
 
16,923
 
Accruals and deferred income
(1,100
)
(1,087
)
Net assets
20,368
 
15,836
 
   
Capital and reserves
20,368
 
15,836
 

Notes to the Financial Statements

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
61 Bridge Street
,
Kington
,
HR5 3DJ
, United Kingdom.
These financial statements are presented in GBP, which is the Company’s functional currency. All amounts have been rounded to the nearest pound, unless otherwise indicated.
The principal activity of the company in the year under review was letting out of owned property.

2 Average number of employees

The average number of persons employed by the company during the year was Nil (2023: Nil).

3 Director's advances, credit and guarantees

The company owed £227,808 (2022 - £227,808) to its director as at 31st May 2024.
For the year ending
31 May 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 financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
30 December 2024
, and are signed on behalf of the board by:
N Jaruhar
Director
Company registration number:
10798544