REGISTERED NUMBER: 08451693 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

SO MORTGAGES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N Kataria

SECRETARY:

REGISTERED OFFICE:

Room 28, Anerley Business Centre

Anerley Road

London

SE20 8BD

REGISTERED NUMBER:

08451693 (England and Wales)

ACCOUNTANTS:

Hanson & Associates

Chartered Certified Accountants

Room 19

Anerley Business Cerntre

Anerley Road

London

SE20 8BD

FIXED ASSETS

Tangible assets

4

78,427

84,477

CURRENT ASSETS

Cash at bank

214,775

310,404

CREDITORS

Amounts falling due within one year

5

(26,090

)

(120,008

)

NET CURRENT ASSETS

188,685

190,396

TOTAL ASSETS LESS CURRENT LIABILITIES

267,112

274,873

CREDITORS

Amounts falling due after more than one year

6

(5,000

)

(5,000

)

NET ASSETS

262,112

269,873

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

262,012

269,773

SHAREHOLDERS' FUNDS

262,112

269,873

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 director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 September 2025 and were signed by:

N Kataria - Director

1.	STATUTORY INFORMATION

SO MORTGAGES 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs have been fully amortised in the current year.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

At 1 April 2024

and 31 March 2025

118,887

DEPRECIATION

At 1 April 2024

34,410

Charge for year

6,050

At 31 March 2025

40,460

NET BOOK VALUE

At 31 March 2025

78,427

At 31 March 2024

84,477

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

-

36,437

Accrued Expenses

1,800

1,800

Tax

4,290

21,322

Proposed dividends

20,000

50,000

Directors' loan accounts

-

10,449

26,090

120,008

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Other creditors

5,000

5,000