REGISTERED NUMBER: 12540353 (England and Wales)

Sofa Summits Ltd

Unaudited Financial Statements

for the Year Ended 31st March 2026

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr P J Bell

Mr R I Pipas

REGISTERED OFFICE:

6 Kendall Road

Isleworth

TW7 6RA

REGISTERED NUMBER:

12540353 (England and Wales)

ACCOUNTANTS:

Naail & Co

Chartered Certified Accountants

69 Lambeth Walk

London

SE11 6DX

FIXED ASSETS

Property, plant and equipment

5

282

376

CURRENT ASSETS

Debtors

69,152

46,434

Cash at bank and in hand

12,423

57,551

81,575

103,985

CREDITORS

Amounts falling due within one year

34,860

45,296

NET CURRENT ASSETS

46,715

58,689

TOTAL ASSETS LESS CURRENT LIABILITIES

46,997

59,065

CREDITORS

Amounts falling due after more than one year

(7,770

)

(15,170

)

PROVISIONS FOR LIABILITIES

7

(69

)

(94

)

NET ASSETS

39,158

43,801

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

39,156

43,799

SHAREHOLDERS' FUNDS

39,158

43,801

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31st March 2026 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21st July 2026 and were signed on its behalf by:

Mr P J Bell - Director

1.	STATUTORY INFORMATION

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

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover is generated from the ordinary activities of the business and is recognized when the right to consideration becomes due.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

In the directors' assessment of the company's ability to continue as a going concern, there are no material uncertainties that may cast significant doubt about the company's ability to continue as a going concern.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 4 ) .

5.	PROPERTY, PLANT AND EQUIPMENT

Totals

£

COST

At 1st April 2025

and 31st March 2026

1,583

DEPRECIATION

At 1st April 2025

1,207

Charge for year

94

At 31st March 2026

1,301

NET BOOK VALUE

At 31st March 2026

282

At 31st March 2025

376

6.

LOANS

An analysis of the maturity of loans is given below:

2026

2025

£

£

Amounts falling due within one year or on demand:

Other loans

6,996

6,996

Amounts falling due between one and two years:

Other loans - 1-2 years

6,996

6,996

Amounts falling due between two and five years:

Other loans - 2-5 years

774

8,174

7.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

69

94

Deferred

tax

£

Balance at 1st April 2025

94

Credit to Income Statement during year

(25

)

Balance at 31st March 2026

69

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

2

Ordinary

£1

2

2

9.	RELATED PARTY DISCLOSURES

During the year, total dividends of £75,400 (2025 - £75,367) were paid to the directors .

Mr P J Bell

Director 50% shareholder

At the reporting date, Mr Bell owed £5,060 (2025: £10,157) to the company. This has been paid on 21 July 2026.

Mr R I Pipas

Director & 50% shareholder

At the reporting date, Mr Pipas owed £36,462 (2025: £34,158) to the company. £12,462 has been paid on 21 July 2026. £24,000 is still outstanding.