SOMERSTON CAPITAL LIMITED

Company Registration Number:
04477364 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

SOMERSTON CAPITAL LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Additional notes
Balance sheet notes

SOMERSTON CAPITAL LIMITED

Balance sheet

As at 31 December 2024

Notes 2024 2023


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 4,972 2,456
Investments:   0 0
Total fixed assets: 4,972 2,456
Current assets
Stocks:   0 0
Debtors: 4 3,541,662 1,350,030
Cash at bank and in hand: 132,827 60,578
Investments:   0 0
Total current assets: 3,674,489 1,410,608
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 17,418,566 ) ( 15,183,144 )
Net current assets (liabilities): (13,744,077) (13,772,536)
Total assets less current liabilities: (13,739,105) ( 13,770,080)
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): (13,739,105) (13,770,080)
Capital and reserves
Called up share capital: 2 2
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: (13,739,107 ) (13,770,082 )
Total Shareholders' funds: ( 13,739,105 ) (13,770,080)

The notes form part of these financial statements

SOMERSTON CAPITAL LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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 directors acknowledge their 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 29 September 2025
and signed on behalf of the board by:

Name: James Hooker
Status: Director

The notes form part of these financial statements

SOMERSTON CAPITAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as follows. Depreciation is provided on the following basis: Computer hardware - over 3 years The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

    Other accounting policies

    Accounting policies 2.1 Basis of preparation of financial statements 2.2 Going concern 2.3 Foreign currency translation 2.4 Revenue 2.5 Interest income 2.6 Finance costs 2.7 Pensions 2.8 Tangible fixed assets 2.9 Debtors 2.10 Cash and cash equivalents 2.11 Creditors

SOMERSTON CAPITAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 5 5

SOMERSTON CAPITAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2024 0 0 3,638 0 0 3,638
Additions 0 0 4,068 0 0 4,068
Disposals 0 0 0 0 0 0
Revaluations 0 0 0 0 0 0
Transfers 0 0 0 0 0 0
At 31 December 2024 0 0 7,706 0 0 7,706
Depreciation
At 1 January 2024 0 0 1,182 0 0 1,182
Charge for year 0 0 1,552 0 0 1,552
On disposals 0 0 0 0 0 0
Other adjustments 0 0 0 0 0 0
At 31 December 2024 0 0 2,734 0 0 2,734
Net book value
At 31 December 2024 0 0 4,972 0 0 4,972
At 31 December 2023 0 0 2,456 0 0 2,456

SOMERSTON CAPITAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Debtors

2024 2023
£ £
Trade debtors 0 5,295
Prepayments and accrued income 305,822 176,674
Other debtors 3,235,840 1,168,061
Total 3,541,662 1,350,030
Debtors due after more than one year: 0 0

SOMERSTON CAPITAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 12,821
Taxation and social security 14,591 17,803
Accruals and deferred income 21,409 38,368
Other creditors 17,382,566 15,114,152
Total 17,418,566 15,183,144