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# SOMBRERO LATIN LIMITED

## Company Registration Number:
09057988 (England and Wales)

## Unaudited statutory accounts for the year ended 31 May 2025

## Period of accounts

## Start date: 01 June 2024

## End date: 31 May 2025

# SOMBRERO LATIN LIMITED

## Contents of the Financial Statements

for the Period Ended 31 May 2025

Company Information - 3 |
Balance sheet - 4 |
Additional notes - 6 |
Balance sheet notes - 9 |

# SOMBRERO LATIN LIMITED

## Company Information

for the Period Ended 31 May 2025

Director: |  | A E Pinto Henriquez
Registered office: |  | Flat 3, 165a Elm Grove Southsea Hampshire PO5 1LU
Company Registration Number: |  | 09057988 (England and Wales)

# SOMBRERO LATIN LIMITED

## Balance sheet

As at 31 May 2025

| Notes | 2025 £ | 2024 £
--- | --- | --- | ---
Fixed assets
Intangible assets: | 4 | 1,000 | 2,000
Tangible assets: | 5 | 10,739 | 13,396
Total fixed assets: |  | 11,739 | 15,396
Current assets
Stocks: |  | 49,950 | 43,150
Cash at bank and in hand: |  | 160,432 | 210,137
Total current assets: |  | 210,382 | 253,287
Creditors: amounts falling due within one year: | 6 | ( 219,903 ) | ( 264,876 )
Net current assets (liabilities): |  | ( 9,521 ) | ( 11,589 )
Total assets less current liabilities: |  | 2,218 | 3,807
Provision for liabilities: |  | ( 2,040 ) | ( 2,545 )
Total net assets (liabilities): |  | 178 | 1,262

The notes form part of these financial statements

# SOMBRERO LATIN LIMITED

## Balance sheet continued

As at 31 May 2025

| Notes | 2025 £ | 2024 £
--- | --- | --- | ---
Capital and reserves
Called up share capital: |  | 100 | 100
Profit and loss account: |  | 78 | 1,162
Shareholders funds: |  | 178 | 1,262

For the year ending 31 May 2025 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.

This report was approved by the board of directors on 9 October 2025
And Signed On Behalf Of The Board By:

Name: A E Pinto Henriquez
Status: Director

The notes form part of these financial statements

# SOMBRERO LATIN LIMITED

## Notes to the Financial Statements

for the Period Ended 31 May 2025

- ## 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

  Turnover policy

  Turnover represents net invoiced sales of goods, excluding value added tax.

  Tangible fixed assets depreciation policy

  Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
  Plant and equipment - 15% on reducing balance
  Motor vehicles - 20% on reducing balance

  Intangible fixed assets amortisation policy

  Goodwill is amortised on a straight-line basis over the estimated economic life. The estimated economic life is 10 years.

  Other accounting policies

  Taxation Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly to 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 Deferred tax Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

# SOMBRERO LATIN LIMITED

## Notes to the Financial Statements

for the Period Ended 31 May 2025

- ## 2. Employees

  | 2025 | 2024
  --- | --- | ---
  Average number of employees during the period | 1 | 1

# SOMBRERO LATIN LIMITED

## Notes to the Financial Statements

for the Period Ended 31 May 2025

- ## 3. Off balance sheet disclosure

  No

# SOMBRERO LATIN LIMITED

## Notes to the Financial Statements

for the Period Ended 31 May 2025

## 4. Intangible assets

| Goodwill | Total
--- | --- | ---
Cost | £ | £
At 01 June 2024 | 10,000 | 10,000
Additions | - | -
Disposals | - | -
Revaluations | - | -
Transfers | - | -
At 31 May 2025 | 10,000 | 10,000
Amortisation |  |
Amortisation at 01 June 2024 | 8,000 | 8,000
Charge for year | 1,000 | 1,000
On disposals | - | -
Other adjustments | - | -
Amortisation at 31 May 2025 | 9,000 | 9,000
Net book value |  |
Net book value at 31 May 2025 | 1,000 | 1,000
Net book value at 31 May 2024 | 2,000 | 2,000

# SOMBRERO LATIN LIMITED

## Notes to the Financial Statements

for the Period Ended 31 May 2025

## 5. Tangible assets

| Plant & machinery | Motor vehicles | Total
--- | --- | --- | ---
Cost | £ | £ | £
At 01 June 2024 | 1,750 | 29,300 | 31,050
Additions | - | - | -
Disposals | - | - | -
Revaluations | - | - | -
Transfers | - | - | -
At 31 May 2025 | 1,750 | 29,300 | 31,050
Depreciation |  |  |
At 01 June 2024 | 1,301 | 16,353 | 17,654
Charge for year | 68 | 2,589 | 2,657
On disposals | - | - | -
Other adjustments | - | - | -
At 31 May 2025 | 1,369 | 18,942 | 20,311
Net book value |  |  |
At 31 May 2025 | 381 | 10,358 | 10,739
At 31 May 2024 | 449 | 12,947 | 13,396

# SOMBRERO LATIN LIMITED

## Notes to the Financial Statements

for the Period Ended 31 May 2025

## 6.Creditors: amounts falling due within one year note

| 2025 £ | 2024 £
--- | --- | ---
Taxation and social security | 9,813 | 9,661
Other creditors | 210,090 | 255,215
Total | 219,903 | 264,876