Company registration number: 04148502
Annual report and unaudited financial statements
for the year ended 31 March 2026
for
Sophia Grace Limited
Pages for filing with the Registrar
Company registration number: 04148502
Sophia Grace Limited
Balance sheet
as at 31 March 2026
2026 2025
Note £ £ £ £
Current assets
Stocks 687,675 581,702
Debtors 4 1,669 (1,257)
Cash at bank and in hand 11,884 201,174
701,228 781,619
Creditors: amounts falling due within one year
5 (65,052) (112,268)
Net current assets 636,176 669,351
NET ASSETS 636,176 669,351
Capital and reserves
Called up share capital 4 4
Profit and loss account 636,172 669,347
TOTAL EQUITY 636,176 669,351
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2026.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 04148502
Sophia Grace Limited
Balance sheet - continued
as at 31 March 2026
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr D Wheelwright, Director
13 July 2026
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Sophia Grace Limited
Notes to the financial statements
for the year ended 31 March 2026
1 Company information
Sophia Grace Limited is a private company registered in England and Wales. Its registered number is 04148502. The company is limited by shares. Its registered office is High House Barn, Midgley, Halifax, West Yorkshire, HX2 6UY.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Work in progress is valued at the lower of cost and net realisable value. Cost is calculated using the first -in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.
3 Average number of employees
During the year the average number of employees was 2 (2025 - 2).
4 Debtors
2026 2025
£ £
Other debtors - (2,879)
Prepayments and accrued income 1,669 1,622
1,669 (1,257)
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Sophia Grace Limited
Notes to the financial statements - continued
for the year ended 31 March 2026
5 Creditors: amounts falling due within one year
2026 2025
£ £
Amounts owed to directors 64,249 111,244
Social security and other tax 103 24
Accruals and deferred income 700 1,000
65,052 112,268
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