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REGISTERED NUMBER: 09302358 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

SOUL ESSENCE LTD

SOUL ESSENCE LTD (REGISTERED NUMBER: 09302358)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SOUL ESSENCE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTORS: Mrs K Coroy
D Coroy





REGISTERED OFFICE: 9 Commerce Road
Lynchwood
Peterborough
Cambridgeshire
PE2 6LR





REGISTERED NUMBER: 09302358 (England and Wales)





ACCOUNTANTS: GreenStones Limited
9 Commerce Road
Lynchwood
Peterborough
Cambridgeshire
PE2 6LR

SOUL ESSENCE LTD (REGISTERED NUMBER: 09302358)

BALANCE SHEET
30 NOVEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 3,315 6,373
Investments 5 224,729 260,634
228,044 267,007

CURRENT ASSETS
Debtors 6 5,901 4,308
Cash at bank 26,816 75,319
32,717 79,627
CREDITORS
Amounts falling due within one
year

7

71,104

67,610
NET CURRENT (LIABILITIES)/ASSETS (38,387 ) 12,017
TOTAL ASSETS LESS CURRENT
LIABILITIES

189,657

279,024

PROVISIONS FOR LIABILITIES 829 1,659
NET ASSETS 188,828 277,365

CAPITAL AND RESERVES
Called up share capital 20 20
Retained earnings 188,808 277,345
SHAREHOLDERS' FUNDS 188,828 277,365

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

SOUL ESSENCE LTD (REGISTERED NUMBER: 09302358)

BALANCE SHEET - continued
30 NOVEMBER 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 22 April 2025 and were signed on its behalf by:





Mrs K Coroy - Director


SOUL ESSENCE LTD (REGISTERED NUMBER: 09302358)

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

1. STATUTORY INFORMATION

Soul Essence Ltd 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

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
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

SOUL ESSENCE LTD (REGISTERED NUMBER: 09302358)

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

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 December 2023
and 30 November 2024 6,114 17,444 23,558
DEPRECIATION
At 1 December 2023 3,660 13,525 17,185
Charge for year 895 2,163 3,058
At 30 November 2024 4,555 15,688 20,243
NET BOOK VALUE
At 30 November 2024 1,559 1,756 3,315
At 30 November 2023 2,454 3,919 6,373

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 December 2023 260,634
Disposals (80,721 )
Revaluations 44,816
At 30 November 2024 224,729
NET BOOK VALUE
At 30 November 2024 224,729
At 30 November 2023 260,634

Cost or valuation at 30 November 2024 is represented by:

Other
investments
£   
Valuation in 2021 52,600
Valuation in 2022 (114,940 )
Valuation in 2023 27,856
Valuation in 2024 44,816
Cost 214,397
224,729

SOUL ESSENCE LTD (REGISTERED NUMBER: 09302358)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 5,901 4,308

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 464 360
Taxation and social security 13,928 52,337
Other creditors 56,712 14,913
71,104 67,610

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2024 and 30 November 2023:

2024 2023
£    £   
Mrs K Coroy
Balance outstanding at start of year (384 ) (68 )
Amounts advanced 179,013 151,427
Amounts repaid (219,109 ) (151,743 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (40,480 ) (384 )

This loan is unsecured.