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Registered number: 15593375
Sort Tree Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 15593375
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,143 2,484
Investments 5 179 3,284
4,322 5,768
CURRENT ASSETS
Debtors 6 30,876 25,924
Cash at bank and in hand 51,991 11,636
82,867 37,560
Creditors: Amounts Falling Due Within One Year 7 (15,360 ) (13,836 )
NET CURRENT ASSETS (LIABILITIES) 67,507 23,724
TOTAL ASSETS LESS CURRENT LIABILITIES 71,829 29,492
NET ASSETS 71,829 29,492
CAPITAL AND RESERVES
Called up share capital 8 200 100
Profit and Loss Account 71,629 29,392
SHAREHOLDERS' FUNDS 71,829 29,492
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For the year ending 31 March 2026 the company was entitled to exemption from audit 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Vibhanshu THAKUR
Director
27/07/2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Sort Tree Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15593375 . The registered office is Flat 53, Hermitage Chatham Street, Reading, England, RG1 7LF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 25% Straight Line Method
Computer Equipment 25% Straight Line Method
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2025: 2)
2 2
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2025 - 2,722 2,722
Additions 2,495 - 2,495
As at 31 March 2026 2,495 2,722 5,217
Depreciation
As at 1 April 2025 - 238 238
Provided during the period 156 680 836
As at 31 March 2026 156 918 1,074
Net Book Value
As at 31 March 2026 2,339 1,804 4,143
As at 1 April 2025 - 2,484 2,484
5. Investments
Listed
£
Cost or Valuation
As at 1 April 2025 3,284
Disposals (3,555 )
Fair value adjustments 450
As at 31 March 2026 179
Provision
As at 1 April 2025 -
As at 31 March 2026 -
Net Book Value
As at 31 March 2026 179
As at 1 April 2025 3,284
The business had made an investment with InteractiveBroker of GBP 3,600. The net value of investment on date 31/03/2025 was GBP 3,284. The business has sold investments during the year with value GBP 3,555 and recorded a gain on investment value of GBP 450 during the year. The closing balance of investment at year end date 31/03/2026 is GBP 179.
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6. Debtors
2026 2025
£ £
Due within one year
Trade debtors 30,178 25,824
Directors' loan accounts 498 -
Called up share capital not paid 200 100
30,876 25,924
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Corporation tax 15,167 13,836
Accruals and deferred income 193 -
15,360 13,836
8. Share Capital
2026 2025
£ £
Called Up Share Capital not Paid 200 100
Amount of Allotted, Called Up Share Capital 200 100
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