Company Registration No. 13686669 (England and Wales)
SOVEREIGN WEALTH INVESTMENTS LIMITED
Unaudited accounts
for the year ended 31 October 2024
SOVEREIGN WEALTH INVESTMENTS LIMITED
Unaudited accounts
Contents
SOVEREIGN WEALTH INVESTMENTS LIMITED
Company Information
for the year ended 31 October 2024
Director
Fatimah Olasunbo Alao
Company Number
13686669 (England and Wales)
Registered Office
127 Pumphouse Crescent
Watford
Hertfordshire
WD17 2AJ
England
SOVEREIGN WEALTH INVESTMENTS LIMITED
Statement of financial position
as at 31 October 2024
Investment property
232,052
232,052
Debtors
1,000,000
1,000,000
Cash at bank and in hand
9,907
9,907
Creditors: amounts falling due within one year
(236,235)
(236,059)
Net current assets
773,672
773,848
Net assets
1,005,724
1,005,900
Called up share capital
1,000,000
1,000,000
Profit and loss account
5,724
5,900
Shareholders' funds
1,005,724
1,005,900
For the year ending 31 October 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 1 December 2025 and were signed on its behalf by
Fatimah Olasunbo Alao
Director
Company Registration No. 13686669
SOVEREIGN WEALTH INVESTMENTS LIMITED
Notes to the Accounts
for the year ended 31 October 2024
SOVEREIGN WEALTH INVESTMENTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13686669. The registered office is 127 Pumphouse Crescent, Watford, Hertfordshire, WD17 2AJ, England.
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.
Fair value at 1 November 2023
232,052
At 31 October 2024
232,052
Amounts falling due after more than one year
Other debtors
1,000,000
1,000,000
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
236,059
236,059
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).