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Company Registration No. 13572730 (England and Wales)
Sohan Group Ltd Unaudited accounts for the year ended 30 April 2024
Sohan Group Ltd Unaudited accounts Contents
Page
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Sohan Group Ltd Company Information for the year ended 30 April 2024
Director
Harwinder Singh Mattoo
Company Number
13572730 (England and Wales)
Registered Office
2 Sneyd Lane Essington Wolverhampton West Midlands WV11 2DU England
Accountants
Younis Bhatti & Co Ltd 93 Broad Street Birmingham West Midlands B15 1AU
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Sohan Group Ltd Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
759,500 
166,963 
Investment property
5,708,513 
5,534,252 
6,468,013 
5,701,215 
Current assets
Debtors
653,057 
7,909 
Cash at bank and in hand
227,996 
503,948 
881,053 
511,857 
Creditors: amounts falling due within one year
(1,465)
(5,862)
Net current assets
879,588 
505,995 
Total assets less current liabilities
7,347,601 
6,207,210 
Creditors: amounts falling due after more than one year
(7,068,119)
(6,182,121)
Net assets
279,482 
25,089 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
279,382 
24,989 
Shareholders' funds
279,482 
25,089 
For the year ending 30 April 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 10 December 2024 and were signed on its behalf by
Harwinder Singh Mattoo Director Company Registration No. 13572730
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Sohan Group Ltd Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Sohan Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 13572730. The registered office is 2 Sneyd Lane, Essington, Wolverhampton, West Midlands, WV11 2DU, 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.
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:
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 May 2023
166,963 
Additions
592,537 
At 30 April 2024
759,500 
Depreciation
At 30 April 2024
- 
Net book value
At 30 April 2024
759,500 
At 30 April 2023
166,963 
5
Investment property
2024 
£ 
Fair value at 1 May 2023
5,534,252 
Additions
192,461 
Transfers to tangible fixed assets
(18,200)
At 30 April 2024
5,708,513 
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Sohan Group Ltd Notes to the Accounts for the year ended 30 April 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
7,909 
Amounts due from group undertakings etc.
653,057 
- 
653,057 
7,909 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
1,465 
5,862 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
2,262,485 
1,375,256 
Amounts owed to group undertakings and other participating interests
4,313,113 
4,369,504 
Loans from directors
488,126 
432,966 
Accruals
4,395 
4,395 
7,068,119 
6,182,121 
9
Controlling party
Sohan Group Ltd owns 100% shares of Nisa Dave Supersave Ltd (company number 05352921). During the year Nisa Dave Supersave Ltd has paid Dividends of £300,000 to Sohan Group (marked as income from investment).
10
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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