1 January 2024 false No description of principal activity Taxfiler 2024.6 12367141business:PrivateLimitedCompanyLtd2024-01-012024-12-31 123671412023-12-31 123671412024-01-012024-12-31 12367141business:AuditExemptWithAccountantsReport2024-01-012024-12-31 12367141business:AbridgedAccounts2024-01-012024-12-31 123671412024-12-31 12367141business:Director12024-01-012024-12-31 12367141business:RegisteredOffice2024-01-012024-12-31 123671412023-12-31 12367141core:WithinOneYear2024-12-31 12367141core:WithinOneYear2023-12-31 12367141core:AfterOneYear2024-12-31 12367141core:AfterOneYear2023-12-31 12367141core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 12367141core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 12367141core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 12367141core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 12367141core:PreviouslyStatedAmount2024-12-31 12367141core:PreviouslyStatedAmount2023-12-31 12367141business:SmallEntities2024-01-012024-12-31 12367141countries:EnglandWales2024-01-012024-12-31 123671412023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 12367141 (England and Wales)
SOSA BUSINESS LTD Unaudited accounts for the year ended 31 December 2024
SOSA BUSINESS LTD Unaudited accounts Contents
Page
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SOSA BUSINESS LTD Company Information for the year ended 31 December 2024
Director
Sarah Sarfo-Adu
Company Number
12367141 (England and Wales)
Registered Office
FLAT 13 CAMDEN ROAD 85-89 LONDON NW1 9EX ENGLAND
Accountants
Wallace & Associates Ltd 4th Floor Silverstream House 45 Fitzroy Street, Fitzrovia London W1T 6EB
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Accountants' report on the preparation of the unaudited statutory statements of SOSA BUSINESS LTD (The Company) for the year ended 31 December 2024
In order to assist you as the sole director to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of the company for the year ended 31 December 2024 which comprises of the profit and loss account, the balance sheet, and explanatory notes from the company's accounting records and from information and explanations which you have provided us with.
As a member firm of the Institute of Financial Accountants (IFA), we are subject to its ethical and other professional requirements which are detailed at https://ifa.org.uk/about-us/acting-in-the-public-interest/memberregulations.
This report is made solely to you as the sole director of the company, in accordance with the terms of our letter of engagement dated . Our work has been undertaken solely to prepare for your approval the financial statements of the company, and state those matters that we have agreed to state to you, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and you as the sole director for our work or for this report.
It is your duty to ensure that the company has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and financial performance of the company. You consider that the company is exempt from the statutory audit requirement for the year ended 31 December 2024.
We have not been instructed to carry out any assurance service on the financial statements of the company. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Wallace & Associates Ltd Financial Accountants 4th Floor Silverstream House 45 Fitzroy Street, Fitzrovia London W1T 6EB 21 April 2025
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SOSA BUSINESS LTD Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,070 
3,220 
Current assets
Cash at bank and in hand
- 
1,336 
Creditors: amounts falling due within one year
(2,796)
(2,784)
Net current liabilities
(2,796)
(1,448)
Total assets less current liabilities
(726)
1,772 
Creditors: amounts falling due after more than one year
(3,255)
(5,290)
Net liabilities
(3,981)
(3,518)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(3,982)
(3,519)
Shareholders' funds
(3,981)
(3,518)
For the year ending 31 December 2024 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 April 2025 and were signed on its behalf by
Sarah Sarfo-Adu Director Company Registration No. 12367141
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SOSA BUSINESS LTD Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
SOSA BUSINESS LTD is a private company, limited by shares, registered in England and Wales, registration number 12367141. The registered office is FLAT 13 CAMDEN ROAD, 85-89, LONDON, NW1 9EX, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 January 2024
2,300 
At 31 December 2024
2,300 
Depreciation
At 1 January 2024
(920)
Charge for the year
1,150 
At 31 December 2024
230 
Net book value
At 31 December 2024
2,070 
At 31 December 2023
3,220 
5
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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