1 September 2023 false No description of principal activity Taxfiler 2024.6.1 NI690375business:PrivateLimitedCompanyLtd2023-09-012024-08-31 NI6903752023-08-31 NI6903752023-09-012024-08-31 NI690375business:AuditExemptWithAccountantsReport2023-09-012024-08-31 NI690375business:FilletedAccounts2023-09-012024-08-31 NI6903752024-08-31 NI690375business:Director12023-09-012024-08-31 NI690375business:RegisteredOffice2023-09-012024-08-31 NI6903752023-08-31 NI690375core:WithinOneYear2024-08-31 NI690375core:WithinOneYear2023-08-31 NI690375core:AfterOneYear2024-08-31 NI690375core:AfterOneYear2023-08-31 NI690375core:ShareCapitalcore:PreviouslyStatedAmount2024-08-31 NI690375core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 NI690375core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 NI690375core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 NI690375core:PreviouslyStatedAmount2024-08-31 NI690375core:PreviouslyStatedAmount2023-08-31 NI690375business:SmallEntities2023-09-012024-08-31 NI690375countries:NorthernIreland2023-09-012024-08-31 NI690375core:FurnitureFittings2023-09-012024-08-31 NI690375core:FurnitureFittings2023-08-31 NI690375core:FurnitureFittings2024-08-31 NI6903752022-08-152023-08-31 iso4217:GBP xbrli:pure
Company Registration No. NI690375 (Northern Ireland)
Sonas Properties Ltd Unaudited accounts for the year ended 31 August 2024
Sonas Properties Ltd Unaudited accounts Contents
Page
- 2 -
Sonas Properties Ltd Company Information for the year ended 31 August 2024
Director
Kiera Scullion
Company Number
NI690375 (Northern Ireland)
Registered Office
2 Fallaghloon Road Maghera BT46 5JS
Accountants
SJK 8 Bridge Road Moira Co. Armagh BT67 0PF
- 3 -
Sonas Properties Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,262 
- 
Investment property
66,278 
51,998 
71,540 
51,998 
Current assets
Cash at bank and in hand
1,814 
607 
Creditors: amounts falling due within one year
(720)
(2,418)
Net current assets/(liabilities)
1,094 
(1,811)
Total assets less current liabilities
72,634 
50,187 
Creditors: amounts falling due after more than one year
(65,654)
(42,846)
Net assets
6,980 
7,341 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
6,880 
7,241 
Shareholders' funds
6,980 
7,341 
For the year ending 31 August 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 her 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 17 January 2025 and were signed on its behalf by
Kiera Scullion Director Company Registration No. NI690375
- 4 -
Sonas Properties Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Sonas Properties Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI690375. The registered office is 2 Fallaghloon Road, Maghera, BT46 5JS.
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:
Fixtures & fittings
20%
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 September 2023
- 
Additions
5,782 
At 31 August 2024
5,782 
Depreciation
Charge for the year
520 
At 31 August 2024
520 
Net book value
At 31 August 2024
5,262 
5
Investment property
2024 
£ 
Fair value at 1 September 2023
51,998 
Additions
14,280 
At 31 August 2024
66,278 
- 5 -
Sonas Properties Ltd Notes to the Accounts for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
- 
1,698 
Accruals
720 
720 
720 
2,418 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
42,500 
37,000 
Loans from directors
23,154 
5,846 
65,654 
42,846 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 6 -