Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Sobera Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A Carter

REGISTERED OFFICE:

146 High Street

Billericay

Essex

CM12 9DF

REGISTERED NUMBER:

06786049 (England and Wales)

ACCOUNTANTS:

Michael Letch & Partners LLP

Accountants

146 High Street

Billericay

Essex

CM12 9DF

FIXED ASSETS

Tangible assets

4

69,930

28,041

Investments

5

173,245

133,245

243,175

161,286

CURRENT ASSETS

Debtors

6

50,379

92,963

Cash at bank

7,484

42,760

57,863

135,723

CREDITORS

Amounts falling due within one year

7

144,610

96,778

NET CURRENT (LIABILITIES)/ASSETS

(86,747

)

38,945

TOTAL ASSETS LESS CURRENT LIABILITIES

156,428

200,231

CREDITORS

Amounts falling due after more than one year

8

22,032

76,469

NET ASSETS

134,396

123,762

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

134,296

123,662

134,396

123,762

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 22 September 2025 and were signed by:

A Carter - Director

1.	STATUTORY INFORMATION

Sobera 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.

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.

Motor vehicles

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

At 1 January 2024

53,551

Additions

65,199

At 31 December 2024

118,750

DEPRECIATION

At 1 January 2024

25,510

Charge for year

23,310

At 31 December 2024

48,820

NET BOOK VALUE

At 31 December 2024

69,930

At 31 December 2023

28,041

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 January 2024

133,245

Additions

40,000

At 31 December 2024

173,245

NET BOOK VALUE

At 31 December 2024

173,245

At 31 December 2023

133,245

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

-

16,633

Other debtors

36,102

27,752

Directors' loan accounts

-

36,891

Tax

11,687

11,687

Prepayments

2,590

-

50,379

92,963

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

8,289

8,085

Other loans

20,662

18,544

Hire purchase contracts

24,383

27,808

Tax

20,466

38,741

Directors' loan accounts

67,210

-

Accrued expenses

3,600

3,600

144,610

96,778

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans - more than 1 year

4,895

13,167

Other loans - 1-2 years

7,358

20,662

Other loans - 2-5 years

-

7,358

Hire purchase contracts

9,779

35,282

22,032

76,469