IRIS Accounts Production v25.1.4.42 01169031 director 1.10.23 30.9.24 30.9.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh011690312023-09-30011690312024-09-30011690312023-10-012024-09-30011690312022-09-30011690312022-10-012023-09-30011690312023-09-3001169031ns15:EnglandWales2023-10-012024-09-3001169031ns14:PoundSterling2023-10-012024-09-3001169031ns10:Director12023-10-012024-09-3001169031ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3001169031ns10:SmallEntities2023-10-012024-09-3001169031ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3001169031ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3001169031ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3001169031ns10:FullAccounts2023-10-012024-09-3001169031ns10:RegisteredOffice2023-10-012024-09-3001169031ns5:CurrentFinancialInstruments2024-09-3001169031ns5:CurrentFinancialInstruments2023-09-3001169031ns5:ShareCapital2024-09-3001169031ns5:ShareCapital2023-09-3001169031ns5:FurtherSpecificReserve3ComponentTotalEquity2024-09-3001169031ns5:FurtherSpecificReserve3ComponentTotalEquity2023-09-3001169031ns5:RetainedEarningsAccumulatedLosses2024-09-3001169031ns5:RetainedEarningsAccumulatedLosses2023-09-3001169031ns5:LandBuildings2023-09-3001169031ns5:LandBuildings2024-09-3001169031ns5:LandBuildings2023-09-3001169031ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3001169031ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-3001169031ns5:RetainedEarningsAccumulatedLosses2023-09-3001169031ns5:FurtherSpecificReserve3ComponentTotalEquity2023-09-3001169031ns5:RetainedEarningsAccumulatedLosses2023-10-012024-09-30
REGISTERED NUMBER: 01169031 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Sooty's Properties Limited

Sooty's Properties Limited (Registered number: 01169031)

Contents of the Financial Statements
for the year ended 30 September 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Sooty's Properties Limited

Company Information
for the year ended 30 September 2024







DIRECTOR: Miss W Nicholas





REGISTERED OFFICE: 8 Ponts Hill
Littleport
Ely
Cambridgeshire
CB6 1PZ





REGISTERED NUMBER: 01169031 (England and Wales)





ACCOUNTANTS: FWD Accounts Limited
7 Forbes Business Centre
Kempson Way
Bury St Edmunds
Suffolk
IP32 7AR

Sooty's Properties Limited (Registered number: 01169031)

Balance Sheet
30 September 2024

30/9/24 30/9/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 1,150,000 1,150,000

CURRENT ASSETS
Debtors 4 241,538 301,424
Cash at bank 96,489 70,126
338,027 371,550
CREDITORS
Amounts falling due within one year 5 362,241 353,996
NET CURRENT (LIABILITIES)/ASSETS (24,214 ) 17,554
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,125,786

1,167,554

PROVISIONS FOR LIABILITIES 173,961 173,961
NET ASSETS 951,825 993,593

CAPITAL AND RESERVES
Called up share capital 200 200
Fair value reserve 6 787,898 787,898
Retained earnings 6 163,727 205,495
951,825 993,593

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 director and authorised for issue on 12 June 2025 and were signed by:





Miss W Nicholas - Director


Sooty's Properties Limited (Registered number: 01169031)

Notes to the Financial Statements
for the year ended 30 September 2024


1. 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.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

3. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST OR VALUATION
At 1 October 2023
and 30 September 2024 1,150,000
NET BOOK VALUE
At 30 September 2024 1,150,000
At 30 September 2023 1,150,000

Cost or valuation at 30 September 2024 is represented by:

Land and
buildings
£   
Valuation in 2021 1,095,215
Cost 54,785
1,150,000

Sooty's Properties Limited (Registered number: 01169031)

Notes to the Financial Statements - continued
for the year ended 30 September 2024


3. TANGIBLE FIXED ASSETS - continued

The property was valued by an independent valuer in February 2021 on an open market basis.

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/24 30/9/23
£    £   
Trade debtors 1,515 175
Amounts owed by group undertakings 240,000 300,000
Other debtors 23 1,249
241,538 301,424

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/24 30/9/23
£    £   
Trade creditors 217 -
Taxation and social security 4,394 5,910
Other creditors 357,630 348,086
362,241 353,996

6. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 October 2023 205,495 787,898 993,393
Profit for the year 18,732 18,732
Dividends (60,500 ) (60,500 )
At 30 September 2024 163,727 787,898 951,625