Sophia Mews 1 Ltd - Filleted accounts

Registered number

15629549

Sophia Mews 1 Ltd

Filleted Accounts

31 March 2025

Sophia Mews 1 Ltd
Registered number:		15629549
Balance Sheet
as at 31 March 2025

Notes		2025
		£	£
Fixed assets
Tangible assets	3		1,500,000

Current assets
Cash at bank and in hand		751

Creditors: amounts falling due within one year	4	(1,513,386)

Net current liabilities			(1,512,635)

Net liabilities			(12,635)

Capital and reserves
Called up share capital			268
Profit and loss account			(12,903)

Shareholder's funds			(12,635)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




H C Rimmer
Director
Approved by the board on 16 December 2025

Sophia Mews 1 Ltd
Notes to the Accounts
for the period from 9 April 2024 to 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:


	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.


2	Employees	2025
		Number

	Average number of persons employed by the company	0


















3	Tangible fixed assets
			Land and buildings
			£
	Cost
	Additions		1,500,000
	At 31 March 2025		1,500,000

	Depreciation
	At 31 March 2025		-

	Net book value
	At 31 March 2025		1,500,000


4	Creditors: amounts falling due within one year	2025
		£

	Trade creditors	13,080
	Other creditors	1,500,306
		1,513,386


5	Controlling party

	The controlling party is H C Rimmer, by virtue of shareholding.

6	Other information

	Sophia Mews 1 Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Dermaskin
	Lgf York Court
	Schooner Way
	Cardiff
	CF10 4DY