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REGISTERED NUMBER: 08962461 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 April 2025

for

Somrow Property Limited

Somrow Property Limited (Registered number: 08962461)






Contents of the Financial Statements
for the Year Ended 30 April 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Somrow Property Limited

Company Information
for the Year Ended 30 April 2025







DIRECTORS: P Rowsell
Mrs V J Rowsell





REGISTERED OFFICE: 12 Acorn Business Park
Northarbour Road
Portsmouth
Hampshire
PO6 3TH





REGISTERED NUMBER: 08962461 (England and Wales)





ACCOUNTANTS: Hughes Spencer
12 Acorn Business Park
Northarbour Road
Portsmouth
Hampshire
PO6 3TH

Somrow Property Limited (Registered number: 08962461)

Balance Sheet
30 April 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Investments 4 10 10
Investment property 5 1,657,881 1,300,848
1,657,891 1,300,858

CURRENT ASSETS
Debtors 6 965 76
Cash at bank 87,107 17,453
88,072 17,529
CREDITORS
Amounts falling due within one year 7 15,306 10,398
NET CURRENT ASSETS 72,766 7,131
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,730,657

1,307,989

PROVISIONS FOR LIABILITIES 12,620 12,620
NET ASSETS 1,718,037 1,295,369

CAPITAL AND RESERVES
Called up share capital 130 130
Non distributable retained
earnings 43,703 43,703
Retained earnings 1,674,204 1,251,536
SHAREHOLDERS' FUNDS 1,718,037 1,295,369

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Somrow Property Limited (Registered number: 08962461)

Balance Sheet - continued
30 April 2025


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 Board of Directors and authorised for issue on 13 August 2025 and were signed on its behalf by:




Mrs V J Rowsell - Director



P Rowsell - Director


Somrow Property Limited (Registered number: 08962461)

Notes to the Financial Statements
for the Year Ended 30 April 2025

1. STATUTORY INFORMATION

Somrow Property Limited 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 as modified by the revaluation of certain assets.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 May 2024
and 30 April 2025 10
NET BOOK VALUE
At 30 April 2025 10
At 30 April 2024 10

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2024 1,300,848
Additions 357,033
At 30 April 2025 1,657,881
NET BOOK VALUE
At 30 April 2025 1,657,881
At 30 April 2024 1,300,848

Somrow Property Limited (Registered number: 08962461)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2025

5. INVESTMENT PROPERTY - continued

Fair value at 30 April 2025 is represented by:
£   
Valuation in 2024 56,323
Cost 1,601,558
1,657,881

If the properties had not been revalued they would have been included at the following historical cost:

2025 2024
£    £   
Cost 1,601,558 1,244,525

The investment properties were valued on an open market basis on 30 April 2024 by the directors .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 965 76

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Taxation and social security 14,275 9,456
Other creditors 1,031 942
15,306 10,398