Registered number
07079315
SOMNIOR BEDS LTD
Filleted Accounts
30 November 2024
SOMNIOR BEDS LTD
Registered number: 07079315
Balance Sheet
as at 30 November 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 408,038 409,321
Current assets
Stocks 135,200 125,850
Debtors 4 441,696 436,322
Cash at bank and in hand 809,434 1,076,498
1,386,330 1,638,670
Creditors: amounts falling due within one year 5 (948,527) (905,134)
Net current assets 437,803 733,536
Total assets less current liabilities 845,841 1,142,857
Creditors: amounts falling due after more than one year 6 (151,685) (151,685)
Net assets 694,156 991,172
Capital and reserves
Called up share capital 100 100
Profit and loss account 694,056 991,072
Shareholders' funds 694,156 991,172
The director is 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 director acknowledges his 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.
ZAFRAN JAVED
Director
Approved by the board on 11 July 2025
SOMNIOR BEDS LTD
Notes to the Accounts
for the year ended 30 November 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, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 10 years
Fixtures, fittings, tools and equipment over 10 years
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
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.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 53 55
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 December 2023 730,839 37,407 768,246
Additions 79,769 - 79,769
At 30 November 2024 810,608 37,407 848,015
Depreciation
At 1 December 2023 321,518 37,406 358,924
Charge for the year 81,053 - 81,053
At 30 November 2024 402,571 37,406 439,977
Net book value
At 30 November 2024 408,037 1 408,038
At 30 November 2023 409,321 1 409,322
4 Debtors 2024 2023
£ £
Trade debtors 441,696 436,322
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 484,035 418,149
Taxation and PAYE 253,503 310,272
Other creditors 210,989 176,713
948,527 905,134
6 Creditors: amounts falling due after one year 2024 2023
£ £
Directors Loan 151,685 151,685
7 Controlling party
4SB Estates Ltd are considered to be the ultimate controlling party by virtue of them holding the fully issued share capital.
8 Other information
SOMNIOR BEDS LTD is a private company limited by shares and incorporated in England. Its registered office is:
UNIT 1
LEA MILLS
LEA ROAD
BATLEY
WF17 8BB
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