REGISTERED NUMBER: 02312125 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

SOVEREIGN HOUSE ESTATES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr P J Castle

REGISTERED OFFICE:

Create Business Hub

Ground Floor

5 Rayleigh Road

Hutton, Brentwood.

Essex

CM13 1AB

REGISTERED NUMBER:

02312125 (England and Wales)

ACCOUNTANTS:

Xeinadin South East Ltd

Create Business Hub

Ground Floor

5 Rayleigh Road

Hutton, Brentwood.

Essex

CM13 1AB

FIXED ASSETS

Tangible assets

4

8,253

11,789

CURRENT ASSETS

Debtors

5

10,424

11,460

Cash at bank and in hand

532,370

482,208

542,794

493,668

CREDITORS

Amounts falling due within one year

6

188,163

237,557

NET CURRENT ASSETS

354,631

256,111

TOTAL ASSETS LESS CURRENT LIABILITIES

362,884

267,900

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

362,784

267,800

SHAREHOLDERS' FUNDS

362,884

267,900

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 15 December 2025 and were signed by:

Mr P J Castle - Director

1.	STATUTORY INFORMATION

Sovereign House Estates Limited 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.

Turnover

Turnover represents net invoiced for services rendered, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Deferred taxation

Provision is made for deferred taxation at current rates using the liability method to take account of all material timing differences between the incidence of income and expenditure for taxation and accounting purposes. The company has not adopted a policy of discounting deferred tax assets and liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 October 2023

and 30 September 2024

14,357

4,775

24,161

5,104

48,397

DEPRECIATION

At 1 October 2023

14,357

1,902

16,297

4,052

36,608

Charge for year

-

535

2,738

263

3,536

At 30 September 2024

14,357

2,437

19,035

4,315

40,144

NET BOOK VALUE

At 30 September 2024

-

2,338

5,126

789

8,253

At 30 September 2023

-

2,873

7,864

1,052

11,789

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

485

485

Deferred tax asset

2,422

3,458

Prepayments and accrued income

7,517

7,517

10,424

11,460

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

40

39

Amounts owed to participating interests

63,850

64,000

Tax

23,060

2,048

Social security and other taxes

43,161

44,597

VAT

8,237

9,798

Other creditors

-

30,200

Directors' current accounts

41,600

41,600

Accruals and deferred income

-

40,560

Accrued expenses

8,215

4,715

188,163

237,557

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary share

£1

100

100

8.

RESERVES

Retained

earnings

£

At 1 October 2023

267,800

Profit for the year

94,984

At 30 September 2024

362,784

9.	CONTROL AND RELATED PARTIES TRANSACTIONS

During the year, the company was jointly controlled by the directors and there was no related party transaction that required disclosure under Financial Reporting Standard number 8.