Registration number: 05276095

Somnowell Ltd

Contents

Statement of Financial Position	1 to 2
Notes to the Unaudited Financial Statements	3 to 8

Somnowell Ltd

(Registration number: 05276095)
Statement of Financial Position
30 November 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	8	8
Current assets
Stocks	5	4,537	-
Debtors	6	14,947	16,786
Cash at bank and in hand		14,664	3,192
		34,148	19,978
Creditors: Amounts falling due within one year	7	(86,882)	(369,309)
Net current liabilities		(52,734)	(349,331)
Total assets less current liabilities		(52,726)	(349,323)
Creditors: Amounts falling due after more than one year	7	(305,340)	(19,408)
Net liabilities		(358,066)	(368,731)
Capital and reserves
Called up share capital		100	100
Retained earnings		(358,166)	(368,831)
Shareholders' deficit		(358,066)	(368,731)

For the financial year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 27 August 2026 and signed on its behalf by:
 

Somnowell Ltd

(Registration number: 05276095)
Statement of Financial Position
30 November 2025

......................................... L Simon Director

Somnowell Ltd

Notes to the Unaudited Financial Statements
for the year ended 30 November 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Wiston House
1 Wiston Avenue
Worthing
West Sussex
BN14 7QL
United Kingdom

These financial statements were authorised for issue by the Board on 27 August 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis. The director has considered relevant information, including the future cash flows and the impact of subsequent events in making his assessment. This assessment relies on the continued financial support of a shareholder loan, which is not expected to be recalled or required to be repaid within the next 12 months. Based on these assessments and having regard to the resources available, the director has concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in the financial statements.

Somnowell Ltd

Notes to the Unaudited Financial Statements
for the year ended 30 November 2025

2	Accounting policies (continued)

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office equipment	between 2 and 5 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and net realisable value.

Somnowell Ltd

Notes to the Unaudited Financial Statements
for the year ended 30 November 2025

2	Accounting policies (continued)

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Borrowings

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2024 - 4).

Somnowell Ltd

Notes to the Unaudited Financial Statements
for the year ended 30 November 2025

4	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 December 2024	5,979	5,979
At 30 November 2025	5,979	5,979
Depreciation
At 1 December 2024	5,971	5,971
At 30 November 2025	5,971	5,971
Carrying amount
At 30 November 2025	8	8
At 30 November 2024	8	8

5

Stocks

	2025 £	2024 £
Other inventories	4,537	-

6

Debtors

Current	2025 £	2024 £
Trade debtors	14,340	6,981
Other debtors	607	9,805
	14,947	16,786

7

Creditors

Creditors: amounts falling due within one year

Somnowell Ltd

Notes to the Unaudited Financial Statements
for the year ended 30 November 2025

7	Creditors (continued)

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	10,000	1,667
Trade creditors		62,277	64,018
Taxation and social security		1,001	1,878
Accruals and deferred income		6,979	465
Other creditors		6,625	301,281
		86,882	369,309

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	6,012	19,408
Other financial liabilities		299,328	-
		305,340	19,408

Included within other financial liabilities is an unsecured loan from a shareholder of £299,328 (2024: £nil). The loan is interest free and has no fixed repayment date. The shareholder has confirmed that repayment will not be sought where this would adversely affect the company's ability to meet its liabilities as they fall due.

Somnowell Ltd

Notes to the Unaudited Financial Statements
for the year ended 30 November 2025

8	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	6,012	19,408

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	10,000	1,667