REGISTERED NUMBER: 12561743 (England and Wales)

SOFEL MANAGEMENT SERVICES LTD

Unaudited Financial Statements

for the Year Ended 31 December 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Director:

S Di Vietri

Registered office:

3rd Floor

86 - 90 Paul Street

London

EC2A 4NE

Registered number:

12561743 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

New Derwent House

69-73 Theobalds Road

London

WC1X 8TA

Current assets

Debtors

4

4,450

3,146

Cash at bank

631

6,208

5,081

9,354

Creditors

Amounts falling due within one year

5

(4,320

)

(3,235

)

Net current assets

761

6,119

Total assets less current liabilities

761

6,119

Capital and reserves

Called up share capital

6

1

1

Retained earnings

7

760

6,118

Shareholders' funds

761

6,119

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 her 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 29 September 2025 and were signed by:

S Di Vietri - Director

1.	Statutory information

Sofel Management Services Ltd 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.

Going concern

The financial statements have been prepared on a going concern basis.This assumes continued support from the director of the company for the foreseeable future.

Turnover

Turnover represents amounts receivable for services provided in the year and is stated net of VAT.

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors, creditors, loans from the bank and other third parties, loans to related parties, and investment in ordinary shares.

Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	Employees and directors

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

4.

Debtors: amounts falling due within one year

2024

2023

£

£

Other debtors

4,450

3,146

5.

Creditors: amounts falling due within one year

2024

2023

£

£

Taxation and social security

-

1,435

Other creditors

4,320

1,800

4,320

3,235

6.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

1

Ordinary shares

£1

1

1

7.

Reserves

Retained

earnings

£

At 1 January 2024

6,118

Deficit for the year

(5,358

)

At 31 December 2024

760