2024-02-01 10626300 2025-01-31 10626300 2024-02-01 2025-01-31 10626300 2024-01-31 10626300 2023-02-01 2024-01-31 10626300 uk-core:WithinOneYear 2024-01-31 10626300 uk-core:WithinOneYear 2025-01-31 10626300 uk-core:AfterOneYear 2024-01-31 10626300 uk-core:AfterOneYear 2025-01-31 10626300 uk-core:ShareCapital 2025-01-31 10626300 uk-core:ShareCapital 2024-01-31 10626300 uk-core:RetainedEarningsAccumulatedLosses 2025-01-31 10626300 uk-core:RetainedEarningsAccumulatedLosses 2024-01-31 10626300 uk-bus:Director1 2024-02-01 2025-01-31 10626300 uk-core:ToolsEquipment 2024-02-01 2025-01-31 10626300 uk-core:CommercialMotorVehicles 2024-02-01 2025-01-31 10626300 uk-core:CommercialMotorVehicles 2024-01-31 10626300 uk-core:ToolsEquipment 2024-01-31 10626300 uk-core:ToolsEquipment 2025-01-31 10626300 uk-core:CommercialMotorVehicles 2025-01-31 10626300 uk-core:AfterOneYear uk-core:Secured 2025-01-31 10626300 uk-core:AfterOneYear uk-core:Secured 2024-01-31 iso4217:GBP xbrli:pure 10626300 uk-bus:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 10626300 uk-bus:FRS102 2024-02-01 2025-01-31 10626300 uk-bus:FilletedAccounts 2024-02-01 2025-01-31 10626300 uk-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31
Sorrento North East Ltd
Registered Number:10626300
For the year ended 31 January 2025
England and Wales
Unaudited Financial Statements
2
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
3
Registered Number :
10626300
As at 31 January 2025
Sorrento North East Ltd
Statement of Financial Position
£
£
2024
2025
Notes
Fixed assets
Property, plant and equipment
-
3,041
2
-
3,041
Current assets
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
Capital and reserves
Called up share capital
1
1
Retained earnings
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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4
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
Registered address:
13 Mary Street
Sunderland
Tyne & Wear
SR1 3NH
The presentation currency is £ sterling.
1. Accounting policies
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
25% Straight line
25% Straight line
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
Total
Motor Vehicles
Plant and
Machinery
£
£
£
Cost or valuation
At 01 February 2024
12,167
4,000
8,167
At 31 January 2025
8,167
4,000
12,167
Provision for depreciation and impairment
At 01 February 2024
9,126
3,000
6,126
Charge for year
3,041
1,000
2,041
At 31 January 2025
12,167
4,000
8,167
At 31 January 2025
Net book value
-
-
-
At 31 January 2024
2,041
1,000
3,041
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5
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
Other creditors
426
462
18,481
20,158
4. Trade and other payables: amounts falling due after more than one year
2024
2025
£
£
Bank loans and overdraft
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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