SORC LIMITED

Company Registration Number:
14254471 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 01 August 2023

End date: 31 July 2024

SORC LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

SORC LIMITED

Company Information

for the Period Ended 31 July 2024




Director: Chriscent Nadeeshan Halvitigala Don
Registered office: 1
Reed Gardens
Coulsdon
Surrey
Surrey
GBR
CR5 1FD
Company Registration Number: 14254471 (England and Wales)

SORC LIMITED

Directors' Report Period Ended 31 July 2024

The directors present their report with the financial statements of the company for the period ended 31 July 2024

Directors

The directors shown below have held office during the whole of the period from 01 August 2023 to 31 July 2024
Chriscent Nadeeshan Halvitigala Don

This report was approved by the board of directors on 30 January 2025
And Signed On Behalf Of The Board By:

Name: Chriscent Nadeeshan Halvitigala Don
Status: Director

SORC LIMITED

Profit and Loss Account

for the Period Ended 31 July 2024


Notes

2024
£

2023
£
Turnover 410,282 164,604
Cost of sales ( 207,976 ) ( 72,058 )
Gross Profit or (Loss) 202,306 92,546
Administrative Expenses ( 155,711 ) ( 62,088 )
Operating Profit or (Loss) 46,595 30,458
Profit or (Loss) Before Tax 46,595 30,458
Tax on Profit ( 8,853 ) ( 5,787 )
Profit or (Loss) for Period 37,742 24,671

The notes form part of these financial statements

SORC LIMITED

Balance sheet

As at 31 July 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 48,142 31,873
Total fixed assets: 48,142 31,873
Current assets
Cash at bank and in hand: 27,690 14,995
Total current assets: 27,690 14,995
Creditors: amounts falling due within one year: 5 ( 75,319 ) ( 26,897 )
Net current assets (liabilities): ( 47,629 ) ( 11,902 )
Total assets less current liabilities: 513 19,971
Total net assets (liabilities): 513 19,971

The notes form part of these financial statements

SORC LIMITED

Balance sheet continued

As at 31 July 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 413 19,871
Shareholders funds: 513 19,971

For the year ending 31 July 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 30 January 2025
And Signed On Behalf Of The Board By:

Name: Chriscent Nadeeshan Halvitigala Don
Status: Director

The notes form part of these financial statements

SORC LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SORC LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

SORC LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 3. Off balance sheet disclosure

    No

SORC LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Tangible assets

Fixtures & fittings Motor vehicles Total
Cost £ £ £
At 01 August 2023 - 38,869 38,869
Additions 10,417 17,955 28,372
Disposals - - -
Revaluations - - -
Transfers - - -
At 31 July 2024 10,417 56,824 67,241
Depreciation
At 01 August 2023 - 6,996 6,996
Charge for year 1,875 10,228 12,103
On disposals - - -
Other adjustments - - -
At 31 July 2024 1,875 17,224 19,099
Net book value
At 31 July 2024 8,542 39,600 48,142
At 31 July 2023 - 31,873 31,873

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value,over the useful economic life of that asset as follows:
Fittings fixtures and equipment - 18% reducing balance
Motor vehicles - 18% reducing balance.

SORC LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

5.Creditors: amounts falling due within one year note


2024
£

2023
£
Taxation and social security 31,061 26,463
Accruals and deferred income 400
Other creditors 44,258 34
Total 75,319 26,897