IFYS & SOPHIAS LTD

Company Registration Number:
16232079 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2026

Period of accounts

Start date: 5 February 2025

End date: 28 February 2026

IFYS & SOPHIAS LTD

Contents of the Financial Statements

for the Period Ended 28 February 2026

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

IFYS & SOPHIAS LTD

Profit And Loss Account

for the Period Ended 28 February 2026

13 months to 28 February 2026


£
Turnover: 6,519
Cost of sales: ( 4,148 )
Gross profit(or loss): 2,371
Administrative expenses: ( 690 )
Operating profit(or loss): 1,681
Profit(or loss) before tax: 1,681
Profit(or loss) for the financial year: 1,681

IFYS & SOPHIAS LTD

Balance sheet

As at 28 February 2026

Notes 13 months to 28 February 2026


£
Called up share capital not paid: 1
Fixed assets
Tangible assets: 3 421
Total fixed assets: 421
Current assets
Cash at bank and in hand: 1,689
Total current assets: 1,689
Creditors: amounts falling due within one year: 4 ( 37 )
Net current assets (liabilities): 1,652
Total assets less current liabilities: 2,074
Creditors: amounts falling due after more than one year: 5 ( 392 )
Total net assets (liabilities): 1,682
Capital and reserves
Called up share capital: 1
Profit and loss account: 1,681
Total Shareholders' funds: 1,682

The notes form part of these financial statements

IFYS & SOPHIAS LTD

Balance sheet statements

For the year ending 28 February 2026 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.

This report was approved by the board of directors on 4 October 2026
and signed on behalf of the board by:

Name: USORO, Ifiok Brendan
Status: Director

The notes form part of these financial statements

IFYS & SOPHIAS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2026

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover included revenue earned from the sale of goods and the provisions of services during the period..

    Tangible fixed assets depreciation policy

    Depreciation was calculated so as to write off the cost of tangible assets down to their residual values over their useful economic lives using the straight line method.

IFYS & SOPHIAS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2026

  • 2. Employees

    13 months to 28 February 2026
    Average number of employees during the period 1

IFYS & SOPHIAS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2026

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 421 421
Disposals
Revaluations
Transfers
At 28 February 2026 421 421
Depreciation
Charge for year
On disposals
Other adjustments
At 28 February 2026
Net book value
At 28 February 2026 421 421

IFYS & SOPHIAS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2026

4. Creditors: amounts falling due within one year note

13 months to 28 February 2026
£
Taxation and social security 37
Total 37

IFYS & SOPHIAS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2026

5. Creditors: amounts falling due after more than one year note

13 months to 28 February 2026
£
Other creditors 392
Total 392