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Company Registration No. 12348939 (England and Wales)
Sovereign Acquisitions Limited Unaudited accounts for the year ended 31 December 2024
Sovereign Acquisitions Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Sovereign Acquisitions Limited Company Information for the year ended 31 December 2024
Director
Dr Anshul Gupta
Company Number
12348939 (England and Wales)
Registered Office
48 Bancroft Avenue London N2 0AS England
Accountants
MIB Accountants Limited Kingfisher House 21-23 Elmfield Road Bromley Kent BR1 1LT
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Sovereign Acquisitions Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
4
- 
100 
Cash at bank and in hand
93 
- 
93 
100 
Creditors: amounts falling due within one year
5
(275)
- 
Net current (liabilities)/assets
(182)
100 
Net (liabilities)/assets
(182)
100 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(282)
- 
Shareholders' funds
(182)
100 
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 September 2025 and were signed on its behalf by
Dr Anshul Gupta Director Company Registration No. 12348939
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Sovereign Acquisitions Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Sovereign Acquisitions Limited is a private company, limited by shares, registered in England and Wales, registration number 12348939. The registered office is 48 Bancroft Avenue, London, N2 0AS, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
100 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
95 
- 
Accruals
180 
- 
275 
- 
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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