Registered number
04567477
Sontania Properties Limited
Filleted Accounts
31 October 2024
Sontania Properties Limited
Registered number: 04567477
Balance Sheet
as at 31 October 2024
Notes 2024 2023
£ £
Fixed assets as restated
Tangible assets 3 6,355 3,584
Investment property 4 2,080,000 2,080,000
2,086,355 2,083,584
Current assets
Debtors 5 49,408 50,421
Cash at bank and in hand 63,184 55,439
112,592 105,860
Creditors: amounts falling due within one year 6 (84,999) (69,261)
Net current assets 27,593 36,599
Total assets less current liabilities 2,113,948 2,120,183
Creditors: amounts falling due after more than one year 7 (1,243,765) (1,243,765)
Provisions for liabilities (64,213) (64,213)
Net assets 805,970 812,205
Capital and reserves
Called up share capital 100 100
Investment properties reserve 8 567,571 567,571
Profit and loss account 238,299 244,534
Shareholders' funds 805,970 812,205
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
R Saujani
Director
Approved by the board on 11 April 2025
Sontania Properties Limited
Notes to the Accounts
for the year ended 31 October 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
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.
Equipment, fixtures and fittings 15% reducing balance
Investments property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
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 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Equipment, fixtures and fittings
£
Cost
At 1 November 2023 15,183
Additions 3,662
At 31 October 2024 18,845
Depreciation
At 1 November 2023 11,599
Charge for the year 891
At 31 October 2024 12,490
Net book value
At 31 October 2024 6,355
At 31 October 2023 3,584
4 Investment property
Investment
Property
£
Cost
At 1 November 2023 2,080,000
At 31 October 2024 2,080,000
5 Debtors 2024 2023
£ £
Other debtors 49,408 50,421
6 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 1,600 1,600
Corporation Tax 1,406 2,544
Other creditors 81,993 65,117
84,999 69,261
7 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 1,145,000 1,145,000
Other creditors 98,765 98,765
1,243,765 1,243,765
Included in other creditor £98,765 (2023 : £98,765) due to Mr. R Saujani the director of the company. The loan is interest free and there are no set terms for repayment.
As resteted
8 Investment property reserve 2024 2023
£ £
At 1 November 2023 567,571 581,030
Gain on investment property reclassified - 50,754
Deferred taxation arising on the revaluation of investment property - (64,213)
At 31 October 2024 567,571 567,571
The investment property reserve is non-distributable.
9 Related party transactions
Included in the other debtors, balance of £50,000 (2023 : £50,000) owed by KASA Properties (London) Limited in which the director. R Saujani is director and shareholder.
10 Prior period adjustment As previously reported Reclassification Restated at 31/10/2023
£ £ £
Investment property reserve 581,030 (13,459) 567,571
581,030 (13,459) 567,571
The prior period adjustment relates to reclassification of uplift in value of the investment property net of deferred tax.
11 Other information
Sontania Properties Limited is a private company limited by shares and incorporated in England. Its registered office is:
25 Asteria Place,
Eastbury Avenue, Northwood,
Hertfordshire,
England,
HA6 3FL
Sontania Properties Limited 04567477 false 2023-11-01 2024-10-31 2024-10-31 VT Final Accounts April 2025 R Saujani No description of principal activity 04567477 2022-11-01 2023-10-31 04567477 core:RevaluationReserve core:LandBuildings 2022-11-01 2023-10-31 04567477 core:RevaluationReserve 2022-11-01 2023-10-31 04567477 core:WithinOneYear 2023-10-31 04567477 core:AfterOneYear 2023-10-31 04567477 core:ShareCapital 2023-10-31 04567477 core:OtherReservesSubtotal 2023-10-31 04567477 core:RetainedEarningsAccumulatedLosses 2023-10-31 04567477 core:RevaluationReserve 2022-10-31 04567477 2023-11-01 2024-10-31 04567477 bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 04567477 bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 04567477 bus:Director40 2023-11-01 2024-10-31 04567477 1 2023-11-01 2024-10-31 04567477 2 2023-11-01 2024-10-31 04567477 core:PlantMachinery 2023-11-01 2024-10-31 04567477 core:RevaluationReserve core:LandBuildings 2023-11-01 2024-10-31 04567477 core:RevaluationReserve 2023-11-01 2024-10-31 04567477 countries:England 2023-11-01 2024-10-31 04567477 bus:FRS102 2023-11-01 2024-10-31 04567477 bus:FilletedAccounts 2023-11-01 2024-10-31 04567477 2024-10-31 04567477 core:WithinOneYear 2024-10-31 04567477 core:AfterOneYear 2024-10-31 04567477 core:ShareCapital 2024-10-31 04567477 core:OtherReservesSubtotal 2024-10-31 04567477 core:RetainedEarningsAccumulatedLosses 2024-10-31 04567477 core:PlantMachinery 2024-10-31 04567477 core:RevaluationReserve 2024-10-31 04567477 2023-10-31 04567477 core:PlantMachinery 2023-10-31 04567477 core:RevaluationReserve 2023-10-31 iso4217:GBP xbrli:pure