REGISTERED NUMBER: 12405458 (England and Wales)

Unaudited Financial Statements

for the Year Ended 29 December 2024

for

SONA Shades Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S Thapar

REGISTERED OFFICE:

Reedham House

31 King Street West

United Kingdom

Manchester

M3 2PJ

REGISTERED NUMBER:

12405458 (England and Wales)

ACCOUNTANTS:

Freedman Frankl & Taylor

Chartered Accountants

Reedham House

31 King Street West

Manchester

M3 2PJ

FIXED ASSETS

Tangible assets

4

164,612

204,924

Investments

5

25,000

-

189,612

204,924

CURRENT ASSETS

Stocks

20,000

100,000

Debtors

6

366,076

248,733

Cash at bank

1,037,502

656,268

1,423,578

1,005,001

CREDITORS

Amounts falling due within one year

7

(107,528

)

(198,706

)

NET CURRENT ASSETS

1,316,050

806,295

TOTAL ASSETS LESS CURRENT LIABILITIES

1,505,662

1,011,219

CREDITORS

Amounts falling due after more than one year

8

(4,390

)

(26,195

)

PROVISIONS FOR LIABILITIES

(41,153

)

(24,839

)

NET ASSETS

1,460,119

960,185

CAPITAL AND RESERVES

Called up share capital

999

1

Retained earnings

1,459,120

960,184

1,460,119

960,185

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 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 28 September 2025 and were signed by:

S Thapar - Director

1.	STATUTORY INFORMATION

SONA Shades 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.

Plant and machinery

-

15% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

Tangible fixed assets are recorded at cost less any tax, discounts and rebates. Subsequently they are recorded at cost less accumulated depreciation and impairment.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts or finance leases are depreciated over their estimated useful lives.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital element of future payments is treated as a liability.

Operating leases are charged to the profit and loss account as they are incurred.

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.

Going concern

The company's financial statements for the period ended 29 December 2024 have been prepared on a going concern basis as, after making appropriate enquiries, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 30 December 2023

17,401

87,928

38,705

Additions

-

11,764

5,438

At 29 December 2024

17,401

99,692

44,143

DEPRECIATION

At 30 December 2023

-

26,739

15,447

Charge for year

-

14,075

9,985

At 29 December 2024

-

40,814

25,432

NET BOOK VALUE

At 29 December 2024

17,401

58,878

18,711

At 29 December 2023

17,401

61,189

23,258

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 30 December 2023

117,451

26,108

287,593

Additions

-

1,726

18,928

At 29 December 2024

117,451

27,834

306,521

DEPRECIATION

At 30 December 2023

31,366

9,117

82,669

Charge for year

28,298

6,882

59,240

At 29 December 2024

59,664

15,999

141,909

NET BOOK VALUE

At 29 December 2024

57,787

11,835

164,612

At 29 December 2023

86,085

16,991

204,924

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

Additions

25,000

At 29 December 2024

25,000

NET BOOK VALUE

At 29 December 2024

25,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

78,097

108,164

Other debtors

287,979

140,569

366,076

248,733

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

10,397

10,141

Hire purchase contracts

11,417

45,668

Trade creditors

18,429

20,415

Taxation and social security

58,045

112,754

Other creditors

9,240

9,728

107,528

198,706

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

4,390

14,778

Hire purchase contracts

-

11,417

4,390

26,195

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29 December 2024 and 29 December 2023:

2024

2023

£

£

Balance outstanding at start of year

105,218

16,030

Amounts advanced

206,251

91,202

Amounts repaid

(60,824

)

(2,014

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

250,645

105,218

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