Company Registration No. 09516174 (England and Wales)
SORBIER LIMITED
Unaudited accounts
for the year ended 31 March 2025
SORBIER LIMITED
Unaudited accounts
Contents
SORBIER LIMITED
Company Information
for the year ended 31 March 2025
Company Number
09516174 (England and Wales)
Registered Office
Evans Entwistle
Venta House
Maesglas Retail Park
Newport
NP20 2NS
Wales
Accountants
Evans Entwistle
Office 12a
Equinox South, Great Park Road
Bradley Stoke
Bristol
BS32 4QL
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
SORBIER LIMITED
for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of SORBIER LIMITED for the year ended 31 March 2025 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle
Member in Practice
Office 12a
Equinox South, Great Park Road
Bradley Stoke
Bristol
BS32 4QL
17 April 2025
SORBIER LIMITED
Statement of financial position
as at 31 March 2025
Investment property
325,000
325,000
Cash at bank and in hand
24,493
19,689
Creditors: amounts falling due within one year
(87,879)
(109,405)
Net current liabilities
(63,386)
(89,716)
Total assets less current liabilities
261,614
235,284
Creditors: amounts falling due after more than one year
(73,887)
(73,574)
Net assets
187,727
161,710
Called up share capital
1,000
1,000
Revaluation reserve
50,679
50,679
Profit and loss account
136,048
110,031
Shareholders' funds
187,727
161,710
For the year ending 31 March 2025 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 his 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 and authorised for issue on 17 April 2025 and were signed on its behalf by
Paul Richards
Director
Company Registration No. 09516174
SORBIER LIMITED
Notes to the Accounts
for the year ended 31 March 2025
SORBIER LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09516174. The registered office is Evans Entwistle, Venta House, Maesglas Retail Park, Newport, NP20 2NS, Wales.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 April 2024
325,000
5
Creditors: amounts falling due within one year
2025
2024
Amounts owed to group undertakings and other participating interests
77,094
98,994
Taxes and social security
6,103
5,741
Other creditors
3,950
3,950
6
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
73,887
73,574
SORBIER LIMITED
Notes to the Accounts
for the year ended 31 March 2025
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
8
Transactions with related parties
The company and Zonescrop Ltd (02532933), The Windsor Building Ltd (10485508) and Absolute Property Holdings Ltd (10474616) are all companies under common control. At the balance sheet date the company owed:
The Windsor Building LTD £74,494: (2024 £74,494)
Absolute Property Holdings Ltd £1,000 (2024: £8,700)
Zonescorp Limited £1,600 (2024: £14,900)
The parent company is Absolute Property Holdings Ltd, which is wholly owned by Paul Richards.
10
Average number of employees
During the year the average number of employees was 0 (2024: 0).