| Sontania Properties Limited |
| Registered number: |
04567477 |
| Balance Sheet |
| as at 31 October 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
5,236 |
|
|
6,355 |
| Investment property |
4 |
|
|
2,080,000 |
|
|
2,080,000 |
|
|
|
|
2,085,236 |
|
|
2,086,355 |
|
| Current assets |
| Debtors |
5 |
|
52,192 |
|
|
49,408 |
| Cash at bank and in hand |
|
|
75,312 |
|
|
63,184 |
|
|
|
127,504 |
|
|
112,592 |
|
| Creditors: amounts falling due within one year |
6 |
|
(32,866) |
|
|
(84,999) |
|
| Net current assets |
|
|
|
94,638 |
|
|
27,593 |
|
| Total assets less current liabilities |
|
|
|
2,179,874 |
|
|
2,113,948 |
|
| Creditors: amounts falling due after more than one year |
7 |
|
|
(1,315,000) |
|
|
(1,243,765) |
|
| Provisions for liabilities |
|
|
|
(64,213) |
|
|
(64,213) |
|
|
| Net assets |
|
|
|
800,661 |
|
|
805,970 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Investment properties reserve |
8 |
|
|
567,571 |
|
|
567,571 |
| Profit and loss account |
|
|
|
232,990 |
|
|
238,299 |
|
| Shareholders' funds |
|
|
|
800,661 |
|
|
805,970 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their 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. |
|
|
| R Saujani |
| Director |
| Approved by the board on 9 June 2026 |
|
| Sontania Properties Limited |
| Notes to the Accounts |
| for the year ended 31 October 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, excluding discounts, rebates, value added tax and other sales taxes. |
|
|
Tangible fixed assets |
|
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
|
|
Equipment, fixtures and fittings |
20% reducing balance |
|
|
Investments 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. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
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. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised 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 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. 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 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. |
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Equipment, fixtures and fittings |
| £ |
|
Cost |
|
At 1 November 2024 |
18,845 |
|
At 31 October 2025 |
18,845 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 November 2024 |
12,490 |
|
Charge for the year |
1,119 |
|
At 31 October 2025 |
13,609 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 October 2025 |
5,236 |
|
At 31 October 2024 |
6,355 |
|
|
| 4 |
Investment property |
|
| Investment |
| Property |
| £ |
|
Cost |
|
At 1 November 2024 |
2,080,000 |
|
|
At 31 October 2025 |
2,080,000 |
|
|
|
| 5 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
1,808 |
|
- |
|
Other debtors |
50,384 |
|
49,408 |
|
|
|
|
|
|
52,192 |
|
49,408 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade creditors |
- |
|
1,600 |
|
Corporation Tax |
2,622 |
|
1,406 |
|
Other creditors |
30,244 |
|
81,993 |
|
|
|
|
|
|
32,866 |
|
84,999 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans |
1,145,000 |
|
1,145,000 |
|
Other creditors |
170,000 |
|
98,765 |
|
|
|
|
|
|
1,315,000 |
|
1,243,765 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Included in other creditor £1,70,000 (2024 : £98,765) due to Mr. R Saujani the director of the company. The loan is interest free and there are no set terms for repayment. |
|
|
|
|
|
| 8 |
Investment property reserve |
2025 |
|
2024 |
| £ |
£ |
|
|
At 1 November 2024 |
567,571 |
|
567,571 |
|
|
At 31 October 2025 |
567,571 |
|
567,571 |
|
|
|
|
|
|
|
|
|
|
The investment property reserve is non-distributable. |
|
|
| 9 |
Related party transactions |
|
|
Included in the other debtors, balance of £50,000 (2024 : £50,000) owed by KASA Properties (London) Limited in which the director. R Saujani is director and shareholder. |
|
| 10 |
Prior period adjustment |
|
|
As previously reported |
|
Reclassification |
|
Restated at 31/10/2023 |
|
|
|
|
£ |
|
£ |
|
£ |
|
Investment property reserve |
|
|
567,571 |
|
(64,213) |
|
503,358 |
|
|
|
|
|
567,571 |
|
(64,213) |
|
503,358 |
|
|
|
|
|
|
|
|
|
|
The prior period adjustment relates to reclassification of uplift in value of the investment property net of deferred tax. |
|
|
|
| 11 |
Other information |
|
|
Sontania Properties Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
25 Asteria Place, |
|
Eastbury Avenue, Northwood, |
|
Hertfordshire, |
|
England, |
|
HA6 3FL |