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Registration number: 08276091

Sort And Report Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 31 October 2024

 

Sort And Report Ltd

Contents

Company Information

1

Director's Report

2

Accountants' Report

3

Profit and Loss Account

4

Statement of Comprehensive Income

5

Balance Sheet

6

Statement of Changes in Equity

7

Notes to the Unaudited Financial Statements

8 to 13

iXBRL Detailed Profit and Loss Account

14

 

Sort And Report Ltd

Company Information

Director

Mrs E Corby

Registered office

87 Blean Common
Canterbury
Kent
CT2 9JH

Accountants

Burgess Accountancy Services
Accountant46-47 The Strand
Walmer
Deal
Kent
CT14 7DX

 

Sort And Report Ltd

Director's Report for the Year Ended 31 October 2024

The director presents her report and the financial statements for the year ended 31 October 2024.

Director of the company

The director who held office during the year was as follows:

Mrs E Corby

Principal activity

The principal activity of the company is the supply of medical records collation

Going concern

The financial statements have been prepared on a going concern basis.

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 25 July 2025
 

.........................................
Mrs E Corby
Director

 

Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Sort And Report Ltd
for the Year Ended 31 October 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Sort And Report Ltd for the year ended 31 October 2024 as set out on pages 4 to 13 from the company's accounting records and from information and explanations you have given us.

It is your duty to ensure that Sort And Report Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Sort And Report Ltd. You consider that Sort And Report Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Sort And Report Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Burgess Accountancy Services
Accountant
46-47 The Strand
Walmer
Deal
Kent
CT14 7DX

25 July 2025

 

Sort And Report Ltd

Profit and Loss Account for the Year Ended 31 October 2024

Note

2024
£

2023
£

Turnover

 

39,928

40,780

Gross profit

 

39,928

40,780

Administrative expenses

 

(31,653)

(29,442)

Operating profit

 

8,275

11,338

Interest payable and similar expenses

 

(426)

(200)

Profit before tax

7,849

11,138

Tax on profit

 

(1,491)

(2,116)

Profit for the financial year

 

6,358

9,022

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

 

Sort And Report Ltd

Statement of Comprehensive Income for the Year Ended 31 October 2024

2024
£

2023
£

Profit for the year

6,358

9,022

Total comprehensive income for the year

6,358

9,022

 

Sort And Report Ltd

(Registration number: 08276091)
Balance Sheet as at 31 October 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

1

1

Current assets

 

Debtors

5

5,509

1,044

Cash at bank and in hand

 

197

57

 

5,706

1,101

Creditors: Amounts falling due within one year

6

(9,297)

(8,450)

Net current liabilities

 

(3,591)

(7,349)

Total assets less current liabilities

 

(3,590)

(7,348)

Creditors: Amounts falling due after more than one year

6

(933)

(2,533)

Net liabilities

 

(4,523)

(9,881)

Capital and reserves

 

Called up share capital

7

100

100

Retained earnings

(4,623)

(9,981)

Shareholders' deficit

 

(4,523)

(9,881)

For the financial year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the director on 25 July 2025
 

.........................................
Mrs E Corby
Director

 

Sort And Report Ltd

Statement of Changes in Equity for the Year Ended 31 October 2024

Share capital
£

Retained earnings
£

Total
£

At 1 November 2023

100

(9,981)

(9,881)

Profit for the year

-

6,358

6,358

Dividends

-

(1,000)

(1,000)

At 31 October 2024

100

(4,623)

(4,523)

Share capital
£

Retained earnings
£

Total
£

At 1 November 2022

100

(13,503)

(13,403)

Profit for the year

-

9,022

9,022

Dividends

-

(5,500)

(5,500)

At 31 October 2023

100

(9,981)

(9,881)

 

Sort And Report Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
87 Blean Common
Canterbury
Kent
CT2 9JH

These financial statements were authorised for issue by the director on 25 July 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Sort And Report Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

10% on cost

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Sort And Report Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

 

Sort And Report Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 November 2023

1,427

1,427

At 31 October 2024

1,427

1,427

Depreciation

At 1 November 2023

1,426

1,426

At 31 October 2024

1,426

1,426

Carrying amount

At 31 October 2024

1

1

At 31 October 2023

1

1

5

Debtors

Current

2024
£

2023
£

Trade debtors

5,509

1,044

 

5,509

1,044

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

8

1,600

1,600

Taxation and social security

 

2,638

3,741

Accruals and deferred income

 

4,380

2,040

Other creditors

 

679

1,069

 

9,297

8,450

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

8

933

2,533

 

Sort And Report Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

7

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary of £1 each

100

100

100

100

       

8

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Bank borrowings

933

2,533

Current loans and borrowings

2024
£

2023
£

Bank borrowings

1,600

1,600

9

Dividends

2024

2023

£

£

Interim dividend of £10.00 (2023 - £55.00) per ordinary share

1,000

5,500

 

 

10

Related party transactions

 

Sort And Report Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

Director's remuneration

The director's remuneration for the year was as follows:

2024
£

2023
£

Remuneration

12,600

12,600

 

Sort And Report Ltd

iXBRL Detailed Profit and Loss Account for the Year Ended 31 October 2024

2024
£

2023
£

Turnover/revenue

39,928

40,780

Cost of sales

Opening stock/inventories

-

-

Gross profit

39,928

40,780

Administrative expenses

Audit and accountancy other services

(2,340)

(2,040)

Operating lease expenditure

-

(1,042)

Other repairs and maintenance costs

(411)

(47)

Cleaning costs

(364)

(312)

Vehicle costs

(1,755)

(1,638)

Other staff costs excluding directors

(2,785)

(1,905)

Salaries and fees, directors

(12,600)

(12,600)

Social security costs, directors

(483)

(410)

Travel and subsistence

(2,581)

(1,669)

Bank charges

(944)

(548)

Insurance costs

(367)

(608)

IT and computing

(930)

(847)

Telecommunications

(694)

(584)

Printing, postage and stationery

(1,199)

(1,292)

Other costs

(4,200)

(3,900)

Profit on ordinary activities before finance charges and interest

8,275

11,338

Interest expense on bank overdraft, bank loans and similar borrowings

(426)

(200)

Profit on ordinary activities before taxation

7,849

11,138

Tax on profit or loss on ordinary activities

(1,491)

(2,116)

Profit for the financial year

6,358

9,022