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REGISTERED NUMBER: 03419890 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

31 JANUARY 2023 TO 29 JANUARY 2024

FOR

SORIC DEVELOPMENTS LIMITED

SORIC DEVELOPMENTS LIMITED (REGISTERED NUMBER: 03419890)






CONTENTS OF THE FINANCIAL STATEMENTS
for the period 31 January 2023 to 29 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SORIC DEVELOPMENTS LIMITED

COMPANY INFORMATION
for the period 31 January 2023 to 29 January 2024







DIRECTOR: M A J Blick





REGISTERED OFFICE: Swatton Barn
Badbury
Swindon
Wiltshire
SN4 0EU





REGISTERED NUMBER: 03419890 (England and Wales)





ACCOUNTANTS: the dt group
Chartered Accountants
Swatton Barn
Badbury
Swindon
Wiltshire
SN4 0EU

SORIC DEVELOPMENTS LIMITED (REGISTERED NUMBER: 03419890)

BALANCE SHEET
29 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 310 1,031

CURRENT ASSETS
Debtors 5 2,064 2,453
Cash at bank 26 1,539
2,090 3,992
CREDITORS
Amounts falling due within one year 6 97,521 98,210
NET CURRENT LIABILITIES (95,431 ) (94,218 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(95,121

)

(93,187

)

CAPITAL AND RESERVES
Called up share capital 1,010 1,010
Retained earnings (96,131 ) (94,197 )
SHAREHOLDERS' FUNDS (95,121 ) (93,187 )

SORIC DEVELOPMENTS LIMITED (REGISTERED NUMBER: 03419890)

BALANCE SHEET - continued
29 January 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 January 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 16 January 2025 and were signed by:





M A J Blick - Director


SORIC DEVELOPMENTS LIMITED (REGISTERED NUMBER: 03419890)

NOTES TO THE FINANCIAL STATEMENTS
for the period 31 January 2023 to 29 January 2024

1. STATUTORY INFORMATION

Soric Developments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

INVESTMENT PROPERTY
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

GOING CONCERN
The accounts have been prepared on a going concern basis due to the continued support of the directors and bank.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 31 January 2023
and 29 January 2024 2,894
DEPRECIATION
At 31 January 2023 1,863
Charge for period 721
At 29 January 2024 2,584
NET BOOK VALUE
At 29 January 2024 310
At 30 January 2023 1,031

SORIC DEVELOPMENTS LIMITED (REGISTERED NUMBER: 03419890)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the period 31 January 2023 to 29 January 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 1,584
Other debtors 2,064 869
2,064 2,453

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 265 -
Trade creditors - 3,108
Taxation and social security 1,598 1,598
Other creditors 95,658 93,504
97,521 98,210

7. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank overdraft 265 -

8. RELATED PARTY DISCLOSURES

Unless otherwise disclosed, all related party transactions have been conducted under normal market conditions.