IRIS Accounts Production v24.2.0.383 09002910 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh090029102023-03-31090029102024-03-31090029102023-04-012024-03-31090029102022-05-31090029102022-06-012023-03-31090029102023-03-3109002910ns15:EnglandWales2023-04-012024-03-3109002910ns14:PoundSterling2023-04-012024-03-3109002910ns10:Director12023-04-012024-03-3109002910ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3109002910ns10:SmallEntities2023-04-012024-03-3109002910ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3109002910ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3109002910ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3109002910ns10:FullAccounts2023-04-012024-03-3109002910ns10:Director22023-04-012024-03-3109002910ns10:RegisteredOffice2023-04-012024-03-3109002910ns5:CurrentFinancialInstruments2024-03-3109002910ns5:CurrentFinancialInstruments2023-03-3109002910ns5:ShareCapital2024-03-3109002910ns5:ShareCapital2023-03-3109002910ns5:SharePremium2024-03-3109002910ns5:SharePremium2023-03-3109002910ns5:RevaluationReserve2024-03-3109002910ns5:RevaluationReserve2023-03-3109002910ns5:CapitalRedemptionReserve2024-03-3109002910ns5:CapitalRedemptionReserve2023-03-3109002910ns5:RetainedEarningsAccumulatedLosses2024-03-3109002910ns5:RetainedEarningsAccumulatedLosses2023-03-3109002910ns5:MotorVehicles2023-03-3109002910ns5:ComputerEquipment2023-03-3109002910ns5:MotorVehicles2023-04-012024-03-3109002910ns5:ComputerEquipment2023-04-012024-03-3109002910ns5:MotorVehicles2024-03-3109002910ns5:ComputerEquipment2024-03-3109002910ns5:MotorVehicles2023-03-3109002910ns5:ComputerEquipment2023-03-3109002910ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3109002910ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-31
REGISTERED NUMBER: 09002910 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

SOMLIE Limited

SOMLIE Limited (Registered number: 09002910)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SOMLIE Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: S M Fahey
S E Fahey





REGISTERED OFFICE: Storthes Hall
Storthes Hall Lane
Kirkburton
Huddersfield
West Yorkshire
HD8 0PR





REGISTERED NUMBER: 09002910 (England and Wales)






SOMLIE Limited (Registered number: 09002910)

Balance Sheet
31 March 2024

31/3/24 31/3/23
Notes £    £   
FIXED ASSETS
Tangible assets 4 8,412 -

CURRENT ASSETS
Debtors 5 3,250 4,238
Investments 6 55,429,305 49,968,163
Cash at bank and in hand 734,816 606,337
56,167,371 50,578,738
CREDITORS
Amounts falling due within one year 7 (341,796 ) (91,022 )
NET CURRENT ASSETS 55,825,575 50,487,716
TOTAL ASSETS LESS CURRENT
LIABILITIES

55,833,987

50,487,716

CAPITAL AND RESERVES
Called up share capital 9,444,281 9,444,281
Share premium 12,001 12,001
Revaluation reserve 10,143,322 2,496,280
Capital redemption reserve 562,852 562,852
Retained earnings 35,671,531 37,972,302
SHAREHOLDERS' FUNDS 55,833,987 50,487,716

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the Company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the Company keeps 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 Sections 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.

SOMLIE Limited (Registered number: 09002910)

Balance Sheet - continued
31 March 2024


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 Board of Directors and authorised for issue on 28 March 2025 and were signed on its behalf by:





S E Fahey - Director


SOMLIE Limited (Registered number: 09002910)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

SOMLIE Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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
The turnover shown in the profit and loss account represents dividend and interest income received in relation to investments made in listed securities and bonds during the year, and the realised gains from such investments.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles: 20% straight line.
Equipment: 20% straight line.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Current asset investments
All investments are traded on a recognised market. All investments are stated at market value as at the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 2 ) .

SOMLIE Limited (Registered number: 09002910)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Motor
vehicles Equipment Totals
£    £    £   
COST
At 1 April 2023 44,050 - 44,050
Additions 3,012 5,400 8,412
At 31 March 2024 47,062 5,400 52,462
DEPRECIATION
At 1 April 2023
and 31 March 2024 44,050 - 44,050
NET BOOK VALUE
At 31 March 2024 3,012 5,400 8,412
At 31 March 2023 - - -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Other debtors 3,250 4,238

6. CURRENT ASSET INVESTMENTS
31/3/24 31/3/23
£    £   
Listed investments 55,429,305 49,968,163

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Tax 334,768 23,486
Social security and other taxes 5,733 -
Other creditors 115 -
Accruals and deferred income 1,180 67,536
341,796 91,022