Registered Number:10626300 |
For the year ended 31 January 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 January 2025
Sorrento North East Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Sorrento North East Ltd
Statement of Financial Position
2024
2025
Property, plant and equipment |
-
3,041
2
-
3,041
53,414
Cash and cash equivalents |
53,351
53,351
53,414
Trade and other payables: amounts falling due within one year |
(20,158)
(18,481)
3
33,256
34,870
Net current assets
Total assets less current liabilities |
34,870
36,297
Trade and other payables: amounts falling due after more than one |
year |
(36,296)
(31,296)
4
3,574
Net assets
1
1
1
3,573
-
3,574
1
Shareholders' funds
For the year ended 31 January 2025 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 of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Nayereh Akhtarzadeh Director |
These financial statements were approved and authorised for issue by the Board on 24 March 2025 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 January 2025
Sorrento North East Ltd
Notes to the Financial Statements
Statutory Information
Sorrento North East Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number |
10626300. |
Principal place of business: |
6 Stockton Road
Sunderland
Tyne & Wear
SR1 3NR
13 Mary Street
Sunderland
Tyne & Wear
SR1 3NH
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard |
102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial |
statements have been prepared under the historical costs convention as modified by the revaluation of certain assets. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Motor Vehicles
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred. |
2. Property, plant and equipment |
Motor Vehicles
12,167
4,000
8,167
8,167
4,000
12,167
Provision for depreciation and impairment |
9,126
3,000
6,126
Charge for year
3,041
1,000
2,041
12,167
4,000
8,167
-
-
-
2,041
1,000
3,041
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For the year ended 31 January 2025
Sorrento North East Ltd
Notes to the Financial Statements Continued
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for |
impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual |
value, over their expected useful lives on the following basis: |
3. Trade and other payables: amounts falling due within one year |
2024
2025
Taxation and social security |
18,055
19,696
426
462
18,481
20,158
4. Trade and other payables: amounts falling due after more than one year |
2024
2025
31,296
36,296
5. Average number of persons employed |
During the year the average number of employees was 8 (2024 : 10)
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