Company Registration No. 11752716 (England and Wales)
Sourcing Habitats Ltd
Unaudited accounts
for the year ended 31 January 2025
Sourcing Habitats Ltd
Unaudited accounts
Contents
Sourcing Habitats Ltd
Company Information
for the year ended 31 January 2025
Company Number
11752716 (England and Wales)
Registered Office
FIVE MILE HOUSE HIGH STREET
FISKERTON
LINCOLN
LN3 4ES
UNITED KINGDOM
Accountants
Taxez
5 South Charlotte Street
Edinburgh
EH2 4AN
Sourcing Habitats Ltd
Statement of financial position
as at 31 January 2025
Investment property
153,106
153,106
Cash at bank and in hand
2,102
22,784
Creditors: amounts falling due within one year
(79,299)
(79,259)
Net current (liabilities)/assets
(17,936)
2,786
Total assets less current liabilities
135,744
156,142
Creditors: amounts falling due after more than one year
(246,283)
(246,283)
Net liabilities
(110,539)
(90,141)
Called up share capital
100
100
Profit and loss account
(110,639)
(90,241)
Shareholders' funds
(110,539)
(90,141)
For the year ending 31 January 2025 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 her 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 14 October 2025 and were signed on its behalf by
Fiona Smith
Director
Company Registration No. 11752716
Sourcing Habitats Ltd
Notes to the Accounts
for the year ended 31 January 2025
Sourcing Habitats Ltd is a private company, limited by shares, registered in England and Wales, registration number 11752716. The registered office is FIVE MILE HOUSE HIGH STREET, FISKERTON, LINCOLN, LN3 4ES, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% reducing balance
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Sourcing Habitats Ltd
Notes to the Accounts
for the year ended 31 January 2025
4
Tangible fixed assets
Computer equipment
Fair value at 1 February 2024
153,106
At 31 January 2025
153,106
Amounts falling due within one year
Other debtors
59,261
59,261
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
800
1,400
Other creditors
7,871
7,300
Loans from directors
70,269
70,200
8
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
246,283
246,283
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).