Company Registration No. 12434372 (England and Wales)
Somrat Builders Ltd
Unaudited accounts
for the year ended 25 July 2024
Somrat Builders Ltd
Unaudited accounts
Contents
Somrat Builders Ltd
Company Information
for the year ended 25 July 2024
Company Number
12434372 (England and Wales)
Registered Office
322 PLATT LANE
MANCHESTER
LANCASHIRE
M14 7DA
ENGLAND
Accountants
S&H Accountants
35 School Walk
Manchester
M16 7GD
Somrat Builders Ltd
Statement of financial position
as at 25 July 2024
Tangible assets
8,153
9,944
Cash at bank and in hand
34
1,736
Creditors: amounts falling due within one year
(54,321)
(44,916)
Net current assets
4,549
26,656
Total assets less current liabilities
12,702
36,600
Creditors: amounts falling due after more than one year
(29,424)
(36,054)
Net (liabilities)/assets
(16,722)
546
Called up share capital
100
100
Profit and loss account
(16,822)
446
Shareholders' funds
(16,722)
546
For the year ending 25 July 2024 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 4 June 2025 and were signed on its behalf by
Begum Taslima
Director
Company Registration No. 12434372
Somrat Builders Ltd
Notes to the Accounts
for the year ended 25 July 2024
Somrat Builders Ltd is a private company, limited by shares, registered in England and Wales, registration number 12434372. The registered office is 322 PLATT LANE, MANCHESTER, LANCASHIRE, M14 7DA, ENGLAND.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% per annum on the basis of reducing balance.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 26 July 2023
5,830
14,600
20,430
At 25 July 2024
5,830
14,600
20,430
At 26 July 2023
1,866
8,620
10,486
Charge for the year
595
1,196
1,791
At 25 July 2024
2,461
9,816
12,277
At 25 July 2024
3,369
4,784
8,153
At 25 July 2023
3,964
5,980
9,944
Amounts falling due within one year
Trade debtors
24,570
24,570
Other debtors
33,016
44,486
Somrat Builders Ltd
Notes to the Accounts
for the year ended 25 July 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
1,561
1,561
Taxes and social security
15,132
8,214
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
4,012
8
Average number of employees
During the year the average number of employees was 5 (2023: 3).