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REGISTERED NUMBER: 10930322 (England and Wales)















Soho Collection 3 Ltd

Unaudited Financial Statements for the Year Ended 31 December 2024






Soho Collection 3 Ltd (Registered number: 10930322)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Soho Collection 3 Ltd

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Mr A D Barouh
Mr M P Norman





REGISTERED OFFICE: 33a Dean Street
London
W1D 4PP





REGISTERED NUMBER: 10930322 (England and Wales)





ACCOUNTANTS: Elemental CoSec Limited
27 Old Gloucester Street
London
WC1N 3AX

Soho Collection 3 Ltd (Registered number: 10930322)

Balance Sheet
31 December 2024

31.12.24 31.12.23
as restated
Notes £    £    £    £   
FIXED ASSETS
Investment property 5 4,223,681 4,223,681

CURRENT ASSETS
Debtors 6 4,742 37,562
Cash at bank 167,204 198,425
171,946 235,987
CREDITORS
Amounts falling due within one year 7 101,288 169,446
NET CURRENT ASSETS 70,658 66,541
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,294,339

4,290,222

CREDITORS
Amounts falling due after more than one
year

8

4,492,465

4,476,249
NET LIABILITIES (198,126 ) (186,027 )

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings (198,226 ) (186,127 )
SHAREHOLDERS' FUNDS (198,126 ) (186,027 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Soho Collection 3 Ltd (Registered number: 10930322)

Balance Sheet - continued
31 December 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 20 May 2025 and were signed on its behalf by:





Mr M P Norman - Director


Soho Collection 3 Ltd (Registered number: 10930322)

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

1. STATUTORY INFORMATION

Soho Collection 3 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Judgements and key sources of estimation uncertainty
In the application of the Company's accounting policies, the directors are required to make judgments, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The Directors do not consider there are any critical judgments or sources of estimation uncertainty requiring disclosure beyond the accounting policies listed below.

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

Investment property
Investment properties are held at cost and are neither revalued at the balance sheet date nor depreciated.

4. EMPLOYEES AND DIRECTORS

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

Soho Collection 3 Ltd (Registered number: 10930322)

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

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024
and 31 December 2024 4,223,681
NET BOOK VALUE
At 31 December 2024 4,223,681
At 31 December 2023 4,223,681

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
as restated
£    £   
Trade debtors 905 34,344
Other debtors 3,837 3,218
4,742 37,562

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
as restated
£    £   
Trade creditors 1,326 1,998
Amounts owed to group undertakings 58,636 -
Taxation and social security 5,461 9,862
Other creditors 35,865 157,586
101,288 169,446

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.12.24 31.12.23
as restated
£    £   
Amounts owed to group undertakings 4,492,465 4,476,249

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: as restated
£    £   
100 Ordinary 1 100 100

Soho Collection 3 Ltd (Registered number: 10930322)

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

10. ULTIMATE CONTROLLING PARTY

The controlling party is Kodama Investments Ltd., Zurich.

The ultimate parent company is:

Kodama Investments Ltd.
c/o KENDRIS AG
Gotthardstrasse 26
6300 Zug
Switzerland