REGISTERED NUMBER: 08134565 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Sovereign Property Facilities Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr G Williams

Mrs S J Williams

REGISTERED OFFICE:

Trade Fair House

2 West Court

Enterprise Road

Maidstone

Kent

ME15 6JD

REGISTERED NUMBER:

08134565 (England and Wales)

ACCOUNTANTS:

Accsys Accountants Limited

Chartered Accountants

Trade Fair House

2 West Court

Enterprise Road

Maidstone

Kent

ME15 6JD

FIXED ASSETS

Tangible assets

4

4,507

3,982

Investments

5

10,000

10,000

14,507

13,982

CURRENT ASSETS

Debtors

6

104,047

102,177

Cash at bank

117,472

124,999

221,519

227,176

CREDITORS

Amounts falling due within one year

7

70,057

66,097

NET CURRENT ASSETS

151,462

161,079

TOTAL ASSETS LESS CURRENT LIABILITIES

165,969

175,061

CAPITAL AND RESERVES

Called up share capital

6

6

Retained earnings

165,963

175,055

165,969

175,061

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 July 2025 and were signed on its behalf by:

Mr G Williams - Director

Mrs S J Williams - Director

1.	STATUTORY INFORMATION

Sovereign Property Facilities Ltd 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

33% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2024

7,990

1,239

4,019

13,248

Additions

-

-

2,171

2,171

At 31 March 2025

7,990

1,239

6,190

15,419

DEPRECIATION

At 1 April 2024

5,762

747

2,757

9,266

Charge for year

781

123

742

1,646

At 31 March 2025

6,543

870

3,499

10,912

NET BOOK VALUE

At 31 March 2025

1,447

369

2,691

4,507

At 31 March 2024

2,228

492

1,262

3,982

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2024

and 31 March 2025

10,000

NET BOOK VALUE

At 31 March 2025

10,000

At 31 March 2024

10,000

6.

DEBTORS

31.3.25

31.3.24

£

£

Amounts falling due within one year:

Trade debtors

2,967

1,048

Other debtors

1,080

1,129

4,047

2,177

Amounts falling due after more than one year:

Other debtors

100,000

100,000

Aggregate amounts

104,047

102,177

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

28,883

45,183

Taxation and social security

9,585

20,794

Other creditors

31,589

120

70,057

66,097