0 false false false false false false false false false false true false false false false false false No description of principal activity 2023-03-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 13905652 2023-03-01 2024-02-29 13905652 2024-02-29 13905652 2023-02-28 13905652 2022-03-01 2023-02-28 13905652 2023-02-28 13905652 2022-02-28 13905652 bus:Director1 2023-03-01 2024-02-29 13905652 core:WithinOneYear 2024-02-29 13905652 core:WithinOneYear 2023-02-28 13905652 bus:Micro-entities 2023-03-01 2024-02-29 13905652 bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 13905652 bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 13905652 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 13905652 bus:FullAccounts 2023-03-01 2024-02-29
COMPANY REGISTRATION NUMBER: 13905652
SOMAK LTD
Filleted Unaudited Financial Statements
29 February 2024
SOMAK LTD
Statement of Financial Position
29 February 2024
2024
2023
£
£
Fixed assets
7,079
6,306
-------
-------
Current assets
9,370
13,058
Creditors: amounts falling due within one year
17,778
6,792
--------
--------
Net current (liabilities)/assets
( 8,408)
6,266
-------
--------
Total assets less current liabilities
( 1,329)
12,572
Accruals and deferred income
660
12,813
-------
--------
(1,989)
(241)
-------
--------
Capital and reserves
( 1,989)
( 241)
-------
----
Notes to the financial statements
1. Lease of premises
The lease of the premises entered into on 16th February 2023, expires on 25th October 2042.
The lease includes break clause options.
The amount of the lease rental payments payable under the default contractual position at the year-end was £366,583 up to 26 September 2032, from which date, the rental income will be subject to rent reviews in accordance with the terms prescribed by the lease agreement
For the year ending 29 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 financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his 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 2 January 2025 , and are signed on behalf of the board by:
R Okhravi
Director
Company registration number: 13905652
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 5 St. James Close, Oadby, Leicester, LE2 5UR.