06634834falsethe operation of a furniture warehouse and related eBay website.2023-08-012024-07-31http://www.companieshouse.gov.uk/2023-07-31http://www.companieshouse.gov.uk/pt:PlantMachinery2023-07-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-07-31http://www.companieshouse.gov.uk/cd:Director12023-08-012024-07-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2023-07-31http://www.companieshouse.gov.uk/pt:PlantMachinery2024-07-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-07-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-07-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2024-07-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-07-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-07-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-08-012024-07-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-07-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-08-012024-07-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22023-08-012024-07-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass32023-08-012024-07-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-08-012024-07-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-07-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-07-31http://www.companieshouse.gov.uk/2023-08-012024-07-31http://www.companieshouse.gov.uk/2023-07-31http://www.companieshouse.gov.uk/cd:FRS1022023-08-012024-07-31http://www.companieshouse.gov.uk/2024-07-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-08-012024-07-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-08-012024-07-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 06634834

Soame Interiors Ltd

ACCOUNTS
FOR THE YEAR ENDED 31/07/2024

Prepared By:
K E Cross Ltd.
Accountancy and Taxation Services
2
Air Balloon Road
Bristol
BS5 8LA

Soame Interiors Ltd

ACCOUNTS
FOR THE YEAR ENDED 31/07/2024
DIRECTORS
Gary M Soame
REGISTERED OFFICE
35 High Street
Standlake
Witney
Oxon
OX29 7RH
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 06634834
ACCOUNTANTS
K E Cross Ltd.
Accountancy and Taxation Services
2
Air Balloon Road
Bristol
BS5 8LA

Soame Interiors Ltd

ACCOUNTS
FOR THEYEARENDED31/07/2024
CONTENTS
Page
Directors' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Soame Interiors Ltd

BALANCE SHEET AT 31/07/2024
20242023
Notes££
FIXED ASSETS
Tangible assets36,4228,798
CURRENT ASSETS
Stock22,50029,500
Debtors510,79911,502
Cash at bank and in hand3,0591,882
36,35842,884
CREDITORS: Amounts falling due within one year629,47732,986
NET CURRENT ASSETS6,8819,898
TOTAL ASSETS LESS CURRENT LIABILITIES13,30318,696
CREDITORS: Amounts falling due after more than one year713,28618,667
NET ASSETS1729
CAPITAL AND RESERVES
Called up share capital844
Profit and loss account1325
SHAREHOLDERS' FUNDS1729
For the year ending 31/07/2024 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 10/04/2025 and signed on their behalf by
.............................
Gary M Soame
Director

Soame Interiors Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/07/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
Commercial Vehiclesreducing balance 25%
Fixtures and Fittingsreducing balance 25%
Equipmentstraight line 33.33%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
2. EMPLOYEES
20242023
No.No.
Average number of employees66

Soame Interiors Ltd

3. TANGIBLE FIXED ASSETS
Plant andCommercialFixtures
MachineryVehiclesand FittingsEquipmentTotal
£££££
Cost
At 01/08/20231,22239,7358,1811,01050,148
At 31/07/20241,22239,7358,1811,01050,148
Depreciation
At 01/08/20231,08134,5915,04363541,350
For the year351,2867842712,376
At 31/07/20241,11635,8775,82790643,726
Net Book Amounts
At 31/07/20241063,8582,3541046,422
At 31/07/20231415,1443,1383758,798
4. STOCK 20242023
££
Stock comprises:
Stock22,50029,500
22,50029,500
5. DEBTORS 20242023
££
Amounts falling due within one year
NIC control121-
Other debtors7,0488,383
Directors current account3,6303,119
10,79911,502
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax177-
VAT4,0086,302
PAYE control4671,410
NIC control-4,879
Bank loans and overdrafts14,32510,728
Loans8,0006,667
Accruals2,5003,000
29,47732,986

Soame Interiors Ltd

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Loans >1yr13,28618,667
13,28618,667
8. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
2 Ordinary shares of £1 each22
1 A shares of £1 each11
1 B shares of £1 each11
44