11040639falsethat of property rental2024-11-012025-10-31http://www.companieshouse.gov.uk/2024-10-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-10-31http://www.companieshouse.gov.uk/cd:Director12024-11-012025-10-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-10-31http://www.companieshouse.gov.uk/cd:Director22024-11-012025-10-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-11-012025-10-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-11-012025-10-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-11-012025-10-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-10-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-10-31http://www.companieshouse.gov.uk/2024-11-012025-10-31http://www.companieshouse.gov.uk/2024-10-31http://www.companieshouse.gov.uk/cd:FRS1022024-11-012025-10-31http://www.companieshouse.gov.uk/2025-10-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-11-012025-10-31http://www.companieshouse.gov.uk/cd:FilletedAccounts2024-11-012025-10-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 11040639
Sophaime Limited
ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2025
Prepared By:
Willow Accounting & Consultancy
47a Commercial Road
Ashley Cross
Poole
Dorset
BH14 0HU
Sophaime Limited
ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2025
DIRECTORS
Nicholas Robert Young
Kirsty Jayne Young
REGISTERED OFFICE
47a Commercial Road
Ashley Cross
Poole
Dorset
BH14 0HU
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 11040639
ACCOUNTANTS
Willow Accounting & Consultancy
47a Commercial Road
Ashley Cross
Poole
Dorset
BH14 0HU
Sophaime Limited
ACCOUNTS
FOR THEYEARENDED31 OCTOBER 2025
CONTENTS
Page
Directors' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
Sophaime Limited
BALANCE SHEET AT 31 October 2025
20252024
Notes££
FIXED ASSETS
Tangible assets190,000190,000
CURRENT ASSETS
Debtors329,05224,135
Cash at bank and in hand7151,566
29,76725,701
CREDITORS: Amounts falling due within one year410,2135,986
NET CURRENT ASSETS19,55419,715
TOTAL ASSETS LESS CURRENT LIABILITIES209,554209,715
CREDITORS: Amounts falling due after more than one year5132,872137,041
PROVISIONS FOR LIABILITIES AND CHARGES713,30013,300
NET ASSETS63,38259,374
CAPITAL AND RESERVES
Called up share capital8100100
Other reserves964,87464,874
Profit and loss account(1,592)(5,600)
SHAREHOLDERS' FUNDS63,38259,374
For the year ending 31 October 2025 the company was entitled to exemption 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 28 July 2026 and signed on their behalf by
.............................
Nicholas Robert Young
Director
Sophaime Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2025
1. ACCOUNTING POLICIES
1d. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Investment Properties
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.
1c. Turnover
Turnover represents the invoiced value of rent reveivable by the company, net of value added tax.
1d. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2. INVESTMENT PROPERTIES
Investment
PropertiesTotal
££
Fair value
At 1 November 2024190,000190,000
At 31 October 2025190,000190,000
The directors have provided fair value estimates for investment properties at 31 October 2024.
Sophaime Limited
3. DEBTORS 20252024
££
Amounts falling due within one year
Prepayments11362
Rent deposits1,2001,199
Directors current account27,73922,874
29,05224,135
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
UK corporation tax940901
Mortgage8,6914,515
Accruals582570
10,2135,986
5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20252024
££
Mortgage132,872137,041
132,872137,041
6. EMPLOYEES
20252024
No.No.
Average number of employees--
Sophaime Limited
7. PROVISIONS FOR LIABILITIES 20252024
££
Deferred taxation13,30013,300
13,30013,300
8. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
9. OTHER RESERVES 20252024
££
Non-distributable reserve64,87464,874
64,87464,874
The unrealised gains or losses arising on the fair value of investment properties at the balance sheet date.