SONRAYS INVESTMENTS LTD


Directors	Santino Demetriou
	Natasha Sullivan


Registered Address	7 Meadow View
	Ivy Chimneys
	Epping
	CM16 4FL


Registered Number	12977683 (England and Wales)

Balance Sheet as at
31 October 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Investment property	3		1,342,000		1,079,703
			1,342,000		1,079,703
Current assets
Debtors	4	170,350		170,085
Cash at bank and on hand		140		1,612
		170,490		171,697
Creditors amounts falling due within one year	5	(468,139)		(481,074)
Net current assets (liabilities)			(297,649)		(309,377)
Total assets less current liabilities			1,044,351		770,326
Creditors amounts falling due after one year	6		(808,032)		(808,008)
Provisions for liabilities	7		(44,453)		-
Net assets			191,866		(37,682)
Capital and reserves
Called up share capital			162		162
Revaluation reserve			262,297		-
Profit and loss account			(70,593)		(37,844)
Shareholders' funds			191,866		(37,682)

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 22 May 2026, and are signed on its behalf by:

Natasha Sullivan
Director
Registered Company No. 12977683

SONRAYS INVESTMENTS LTD

Notes to the Financial Statements
for the year ended 31 October 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Turnover policy
	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 recognized when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognized 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.

Turnover policy

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 recognized when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognized 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.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Deferred tax
	Deferred tax is recognized in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognized 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognized in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognized 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Investment property
	Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Investment property


		£
	Fair value at 01 November 24	1,079,703
	Fair value adjustments	262,297
	At 31 October 25	1,342,000

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Other debtors	170,350	170,085
Total	170,350	170,085

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Other creditors	468,139	481,074
Total	468,139	481,074

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	808,032	808,008
Total	808,032	808,008

7.	Provisions for liabilities
	Deferred tax is recognized on all timing differences that have originated but not reversed at the reporting date. A deferred tax liability has been recognized in respect of revaluation gains on investment property of £262,297, calculated at a tax rate of 19%. The tax is expected to crystallize on disposal of the property. A deferred tax asset has been recognized in respect of carried forward tax losses of £28,334, to the extent that it is considered probable that sufficient taxable profits will be available in the future against which the losses can be utilized. The deferred tax has been calculated using a tax rate of 19%, being the rate expected to apply when the timing differences reverse.

Provisions for liabilities

Deferred tax is recognized on all timing differences that have originated but not reversed at the reporting date.

A deferred tax liability has been recognized in respect of revaluation gains on investment property of £262,297, calculated at a tax rate of 19%. The tax is expected to crystallize on disposal of the property.

A deferred tax asset has been recognized in respect of carried forward tax losses of £28,334, to the extent that it is considered probable that sufficient taxable profits will be available in the future against which the losses can be utilized.

The deferred tax has been calculated using a tax rate of 19%, being the rate expected to apply when the timing differences reverse.

	2025	2024
	£	£
Net deferred tax liability (asset)	44,453	-
Total	44,453	-