Company Registration No. 10759239 (England and Wales)
Sona Real Estates Ltd
Unaudited accounts
for the year ended 30 September 2024
Sona Real Estates Ltd
Unaudited accounts
Contents
Sona Real Estates Ltd
Company Information
for the year ended 30 September 2024
Directors
Sona Pala
Satyan Pala
Company Number
10759239 (England and Wales)
Registered Office
505 Hawthorn House
9 Forrester Way
Stratford
London
E15 1GJ
England
Sona Real Estates Ltd
Statement of financial position
as at 30 September 2024
Investment property
1,775,430
1,775,430
Cash at bank and in hand
66,623
116,879
Creditors: amounts falling due within one year
(618,527)
(716,267)
Net current liabilities
(551,476)
(596,946)
Total assets less current liabilities
1,225,348
1,179,191
Creditors: amounts falling due after more than one year
(1,008,979)
(1,010,591)
Net assets
216,369
168,600
Called up share capital
1
1
Profit and loss account
216,368
168,599
Shareholders' funds
216,369
168,600
For the year ending 30 September 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 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 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 of Directors and authorised for issue on 12 February 2025 and were signed on its behalf by
Sona Pala
Director
Company Registration No. 10759239
Sona Real Estates Ltd
Notes to the Accounts
for the year ended 30 September 2024
Sona Real Estates Ltd is a private company, limited by shares, registered in England and Wales, registration number 10759239. The registered office is 505 Hawthorn House, 9 Forrester Way, Stratford, London, E15 1GJ, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 October 2023
1,285
832
2,117
At 30 September 2024
1,285
2,153
3,438
At 1 October 2023
578
832
1,410
Charge for the year
193
441
634
At 30 September 2024
771
1,273
2,044
At 30 September 2024
514
880
1,394
At 30 September 2023
707
-
707
Fair value at 1 October 2023
1,775,430
At 30 September 2024
1,775,430
Sona Real Estates Ltd
Notes to the Accounts
for the year ended 30 September 2024
Amounts falling due within one year
Accrued income and prepayments
428
2,442
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
2,949
3,124
Taxes and social security
11,873
11,901
Loans from directors
590,151
686,434
Deferred income
9,725
7,917
8
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
1,006,000
1,006,000
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).