SONSPROUD INVESTMENTS LIMITED

Unaudited Financial Statements

for the Year Ended 31st March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M C Snelson

P Snelson

SECRETARY:

P Snelson

REGISTERED OFFICE:

11 Rectory Lane

Heswall

Wirral

CH60 4RZ

REGISTERED NUMBER:

00655897 (England and Wales)

ACCOUNTANTS:

DJH Wirral & Chester Limited

1 Abbots Quay

Monks Ferry

Birkenhead

CH41 5LH

FIXED ASSETS

Investment property

4

165,000

165,000

CURRENT ASSETS

Debtors

5

171,670

172,055

Cash at bank

40

10,637

171,710

182,692

CREDITORS

Amounts falling due within one year

6

2,009

4,807

NET CURRENT ASSETS

169,701

177,885

TOTAL ASSETS LESS CURRENT LIABILITIES

334,701

342,885

CREDITORS

Amounts falling due after more than one year

7

177,618

177,618

NET ASSETS

157,083

165,267

CAPITAL AND RESERVES

Called up share capital

109

109

Fair value reserve

8

155,716

155,716

Retained earnings

1,258

9,442

SHAREHOLDERS' FUNDS

157,083

165,267

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 22nd December 2025 and were signed on its behalf by:

M C Snelson - Director

1.	STATUTORY INFORMATION

Sonsproud Investments 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

Critical accounting judgements and key sources of estimation uncertainty

Preparation of the financial statements requires management to make significant judgements and estimates. The area's in the financial statements where these judgements and estimates have been made include:

-Fair value of investment property.

Turnover

Turnover represents gross rents receivable.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in 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 or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st April 2024

and 31st March 2025

165,000

NET BOOK VALUE

At 31st March 2025

165,000

At 31st March 2024

165,000

Fair value at 31st March 2025 is represented by:

£

Valuation in 2022

155,716

Cost

9,284

165,000

If investment properties had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

9,284

9,284

Investment properties were valued on an open market basis on 31st March 2025 by M C Snelson a director of the company .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

171,670

172,055

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

689

2,167

Other creditors

1,320

2,640

2,009

4,807

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

177,618

177,618

8.

RESERVES

Fair

value

reserve

£

At 1st April 2024

and 31st March 2025

155,716

9.	CONTINGENT LIABILITIES

Certain of the company's investment properties have been given as security in respect of the holding company's bank borrowings.