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REGISTERED NUMBER: 05543585 (England and Wales)















Financial Statements for the Year Ended 27 June 2024

for

Sofa-UK Ltd

Sofa-UK Ltd (Registered number: 05543585)






Contents of the Financial Statements
for the Year Ended 27 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 5

Sofa-UK Ltd

Company Information
for the Year Ended 27 June 2024







DIRECTOR: T Hussain





SECRETARY: M Hussain





REGISTERED OFFICE: Doncaster Road
Rotherham
South Yorkshire
S65 2UF





REGISTERED NUMBER: 05543585 (England and Wales)





ACCOUNTANTS: Hartrose Associates Ltd
61A Blagden Street
Sheffield
South Yorkshire
S2 5QS

Sofa-UK Ltd (Registered number: 05543585)

Balance Sheet
27 June 2024

27.6.24 27.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 199,083 219,524

CURRENT ASSETS
Stocks 195,124 129,335
Debtors 5 90,735 90,091
Cash at bank and in hand 126,951 122,153
412,810 341,579
CREDITORS
Amounts falling due within one year 6 411,296 359,900
NET CURRENT ASSETS/(LIABILITIES) 1,514 (18,321 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

200,597

201,203

CREDITORS
Amounts falling due after more than one year 7 16,465 27,905
NET ASSETS 184,132 173,298

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 184,130 173,296
SHAREHOLDERS' FUNDS 184,132 173,298

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 27 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 27 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 25 June 2025 and were signed by:



T Hussain - Director


Sofa-UK Ltd (Registered number: 05543585)

Notes to the Financial Statements
for the Year Ended 27 June 2024

1. STATUTORY INFORMATION

Sofa-UK 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.

The financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future. The validity of this assumption depends on profitability and the company being able to manage its working capital requirements.

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.
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 7 ) .

Sofa-UK Ltd (Registered number: 05543585)

Notes to the Financial Statements - continued
for the Year Ended 27 June 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 28 June 2023 205,473 186,862 2,259 394,594
Additions 21,701 - - 21,701
At 27 June 2024 227,174 186,862 2,259 416,295
DEPRECIATION
At 28 June 2023 80,346 94,724 - 175,070
Charge for year 19,108 23,034 - 42,142
At 27 June 2024 99,454 117,758 - 217,212
NET BOOK VALUE
At 27 June 2024 127,720 69,104 2,259 199,083
At 27 June 2023 125,127 92,138 2,259 219,524

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
27.6.24 27.6.23
£    £   
Trade debtors 85,330 79,851
Other debtors 5,405 10,240
90,735 90,091

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
27.6.24 27.6.23
£    £   
Trade creditors 261,490 233,618
Taxation and social security 61,702 43,214
Other creditors 88,104 83,068
411,296 359,900

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
27.6.24 27.6.23
£    £   
Bank loans 16,465 29,883
Hire purchase contracts - (1,978 )
16,465 27,905

8. ULTIMATE CONTROLLING PARTY

The controlling party is T Hussain.

Sofa-UK Ltd

Report of the Accountants to the Director of
Sofa-UK Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 27 June 2024 set out on pages three to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Hartrose Associates Ltd
61A Blagden Street
Sheffield
South Yorkshire
S2 5QS


25 June 2025