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REGISTERED NUMBER: 13444526 (England and Wales)















AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

SOBODY (UK) LIMITED

SOBODY (UK) LIMITED (REGISTERED NUMBER: 13444526)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024










Page

Company information 1

Balance sheet 2

Notes to the financial statements 3


SOBODY (UK) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: N R Durrant





REGISTERED OFFICE: The Beater House
Turkey Mill
Ashford Road
Maidstone
Kent
ME14 5PP





REGISTERED NUMBER: 13444526 (England and Wales)





AUDITORS: Xeinadin Audit Limited
(Statutory Auditors)
Bryant House
Bryant Road
Strood
Rochester
Kent
ME2 3EW

SOBODY (UK) LIMITED (REGISTERED NUMBER: 13444526)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Stocks 288,325 344,222
Debtors 4 30,215 108,354
Cash at bank 106,629 72,713
425,169 525,289
CREDITORS
Amounts falling due within one year 5 215,938 403,167
NET CURRENT ASSETS 209,231 122,122
TOTAL ASSETS LESS CURRENT
LIABILITIES

209,231

122,122

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 209,131 122,022
SHAREHOLDERS' FUNDS 209,231 122,122

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 21 March 2025 and were signed by:





N R Durrant - Director


SOBODY (UK) LIMITED (REGISTERED NUMBER: 13444526)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

Sobody (UK) Limited is a private company, limited by shares, registered in England and Wales. The company registered number is 13444526 and the registered office address is The Beater House, Turkey Mill, Ashford Road, Maidstone, Kent, ME14 5PP.

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 recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable from the sale of goods or exchange of services, excluding discounts, rebates, value added tax and other sales taxes. Turnover is not recognised when goods or services are exchanged for goods or services that are of a similar nature and value or when the transaction lacks commercial substance.

Sale of goods

Turnover from the sale of goods is recognised when all of the following conditions are satisfied:

- the company has transferred the significant risks and rewards of ownership to the buyer;
- the company retains neither continuing managerial involvement to the degree usually associated with the ownership nor effective control over the goods sold;
- the amount of revenue can be measured reliably;
- it is probable that the company will receive the consideration due under the transaction;
- the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.


SOBODY (UK) LIMITED (REGISTERED NUMBER: 13444526)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


Financial instruments
Basic financial assets/liabilities including trade and other receivables/payables, cash and bank balances, are initially recognised at transaction price unless the arrangement constitutes a financing transaction (loan over period of time) where the transaction is measured at present value of the future receipts discounted at a market rate of interest. Such assets/liabilities are subsequently carried at amortised cost using the effective interest method.

3. EMPLOYEES AND DIRECTORS

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 228 264
Other debtors 29,987 108,090
30,215 108,354

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 36,693 17,281
Amounts owed to group undertakings 49,477 157,335
Taxation and social security 28,730 17,700
Other creditors 101,038 210,851
215,938 403,167

SOBODY (UK) LIMITED (REGISTERED NUMBER: 13444526)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR - continued

Amounts owed to group undertakings are non interest bearing and have no fixed terms for repayment.

6. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with S444(5B) of the Companies Act 2006.

The auditor's report was unqualified.

Mark Friend BSc FCA (Statutory Auditor)
for and on behalf of Xeinadin Audit Limited (Statutory Auditors)

7. RELATED PARTY DISCLOSURES

Included within sales is £9,523 relating to the sale of stock to Collagen For Dogs Ltd, a company controlled by N Durrant and S Durrant, who are shareholders of Submission Technology Ltd, the ultimate controlling party of this entity.

8. PARENT COMPANY

The smallest group in which the results of the company are consolidated is that of which Submission Technology Limited is the parent company. The registered office of Submission Technology Limited is The Beater House, Turkey Mill, Ashford Road, Maidstone, Kent, ME14 5PP.