ACCOUNTS - Final Accounts preparation

Analysis of the maturity of loans is given below:

Registered number: 12962618

SOBEYS INVESTMENTS LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 20 APRIL 2026

SOBEYS INVESTMENTS LIMITED

REGISTERED NUMBER: 12962618

STATEMENT OF FINANCIAL POSITION

AS AT 20 APRIL 2026

		2026		2025
Note		£		£

Fixed assets
Investments	4		72,500		72,500
Freehold investment property	5		349,069		349,069
			421,569		421,569
Current assets
Debtors: amounts falling due within one year	6	-		100
Bank current accounts		2,175		5,213
		2,175		5,313
Creditors: amounts falling due within one year	7	(111,725)		(6,210)
Net current liabilities			(109,550)		(896)
Total assets less current liabilities			312,019		420,673
Creditors: amounts falling due after more than one year	8		(235,863)		(357,876)

Net assets			76,156		62,797

Capital and reserves
Called up share capital	10	100	100
Profit and loss account		76,056	62,697
		76,156	62,797

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SOBEYS INVESTMENTS LIMITED

REGISTERED NUMBER: 12962618

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 20 APRIL 2026

The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 19 October 2026.

Andrew Lee Evans

Director

The notes on pages 3 to 7 form part of these financial statements.

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SOBEYS INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 20 APRIL 2026

1.	GENERAL INFORMATION

Sobeys Investments Limited is a UK company incorporated in England and Wales with a registered number of 12962618 and registered office of Unit 8-9 Market Industrial Estate, Yatton, BS49 4RF.

2.ACCOUNTING POLICIES

2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

REVENUE

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.3

INTEREST INCOME

Interest income is recognised in profit or loss using the effective interest method.

2.4

FINANCE COSTS

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.5

BORROWING COSTS

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

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SOBEYS INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 20 APRIL 2026

2.ACCOUNTING POLICIES (CONTINUED)

2.6

TAXATION

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.

2.7

INVESTMENT PROPERTY

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

2.8

VALUATION OF INVESTMENTS

Investments in subsidiaries are measured at cost less accumulated impairment.

Assets are depreciated down to residual value over their useful economic lives.

2.9

DEBTORS

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.10

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.11

CREDITORS

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

EMPLOYEES

The average monthly number of employees, including directors, during the year was 1 (2025 - 1).

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SOBEYS INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 20 APRIL 2026

4.	FIXED ASSET INVESTMENTS

		Motor vehicles
		£
	Cost or valuation
	At 21 April 2025	72,500
	At 20 April 2026	72,500

5.	INVESTMENT PROPERTY

		Freehold investment property
		£
	Valuation
	At 21 April 2025	349,069
	At 20 April 2026	349,069

The 2026 valuations were made by David Rowlands, on an open market value basis.


	At 20 April 2026

DEBTORS

					2026	2025
					£	£


Other debtors	-	100
	-	100

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SOBEYS INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 20 APRIL 2026

7.	CREDITORS: Amounts falling due within one year
		2026	2025
		£	£

Corporation tax	2,325	4,710
Other creditors	107,900	-
Accruals and deferred income	1,500	1,500
	111,725	6,210

The following liabilities were secured:

Details of security provided:

There is a fixed and floating charge over all property and undertakings of the company. This is due to be satisfied, as the mortgage has been paid off.

8.	CREDITORS: Amounts falling due after more than one year
		2026	2025
		£	£

Bank loans	-	126,707
Other creditors	235,863	231,169
	235,863	357,876




Amounts falling due after more than 5 years
Bank loans	-	126,707
	-	126,707
	-	126,707

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SOBEYS INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 20 APRIL 2026

10.	SHARE CAPITAL
		2026	2025
		£	£

Allotted, called up and fully paid

100 (2025 - 100) Ordinary shares of £1.0 each	100	100

11.	RELATED PARTY TRANSACTIONS
	At the year end the company owed £235,863.23 (2025: £231,169) to Sobeys Limited, a related party. This loan does not have to be repaid within 5 years and there are no commercial terms attached to this loan.

12.	FUTURE OPERATING LEASE INCOME
	At 30 April 2026 the company had future minimum operating lease income due under non-cancellable operating leases for each of the following periods:
		2026
		£

	Not later than 1 year	16,000
	Later than 1 year and not later than 5 years	50,000
		66,000

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