1 false false false false false false false false false false true false false false false false false No description of principal activity 2024-04-01 Sage Accounts Production Advanced 2024 - FRS102_2024 19,578 19,525 24 19,549 29 53 xbrli:pure xbrli:shares iso4217:GBP 06233394 2024-04-01 2025-03-31 06233394 2025-03-31 06233394 2024-03-31 06233394 2023-04-01 2024-03-31 06233394 2024-03-31 06233394 2023-03-31 06233394 bus:Director1 2024-04-01 2025-03-31 06233394 bus:Director2 2024-04-01 2025-03-31 06233394 core:WithinOneYear 2025-03-31 06233394 core:WithinOneYear 2024-03-31 06233394 core:ShareCapital 2025-03-31 06233394 core:ShareCapital 2024-03-31 06233394 core:RetainedEarningsAccumulatedLosses 2025-03-31 06233394 core:RetainedEarningsAccumulatedLosses 2024-03-31 06233394 bus:SmallEntities 2024-04-01 2025-03-31 06233394 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 06233394 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 06233394 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 06233394 bus:FullAccounts 2024-04-01 2025-03-31 06233394 core:OfficeEquipment 2024-04-01 2025-03-31 06233394 core:OfficeEquipment 2025-03-31 06233394 core:OfficeEquipment 2024-03-31
COMPANY REGISTRATION NUMBER: 06233394
Soteria (UK) Limited
Filleted Unaudited Financial Statements
31 March 2025
Soteria (UK) Limited
Statement of Financial Position
31 March 2025
2025
2024
Note
£
£
£
Fixed assets
Tangible assets
5
29
53
Current assets
Debtors
6
35,531
39,101
Cash at bank and in hand
118,190
49,330
---------
--------
153,721
88,431
Creditors: amounts falling due within one year
7
43,812
35,168
---------
--------
Net current assets
109,909
53,263
---------
--------
Total assets less current liabilities
109,938
53,316
---------
--------
Net assets
109,938
53,316
---------
--------
Capital and reserves
Called up share capital
100
100
Profit and loss account
109,838
53,216
---------
--------
Shareholders funds
109,938
53,316
---------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Soteria (UK) Limited
Statement of Financial Position (continued)
31 March 2025
These financial statements were approved by the board of directors and authorised for issue on 8 August 2025 , and are signed on behalf of the board by:
Mr J Shahhet
Mr I A Black
Director
Director
Company registration number: 06233394
Soteria (UK) Limited
Notes to the Financial Statements
Year ended 31 March 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 810 Mandarin Court, Centre Park, Warrington, Cheshire, WA1 1GG.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment
-
20% straight line
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of banks loans which are subsequently measured at amortised cost using the effective interest method.
Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).
5. Tangible assets
Equipment
Total
£
£
Cost
At 1 April 2024 and 31 March 2025
19,578
19,578
--------
--------
Depreciation
At 1 April 2024
19,525
19,525
Charge for the year
24
24
--------
--------
At 31 March 2025
19,549
19,549
--------
--------
Carrying amount
At 31 March 2025
29
29
--------
--------
At 31 March 2024
53
53
--------
--------
6. Debtors
2025
2024
£
£
Trade debtors
35,329
39,101
Other debtors
202
--------
--------
35,531
39,101
--------
--------
7. Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
767
987
Corporation tax
15,938
6,995
Social security and other taxes
12,202
10,193
Other creditors
14,905
16,993
--------
--------
43,812
35,168
--------
--------
8. Related party transactions
The company was under the control of the shareholders throughout the current and previous year. No individual has control over the company. No transactions with related parties were undertaken such as are required to be disclosed.