Company Registration No. 09895989 (England and Wales)
SoRoast Ltd
Unaudited accounts
for the year ended 31 December 2021
SoRoast Ltd
Unaudited accounts
Contents
SoRoast Ltd
Company Information
for the year ended 31 December 2021
Directors
Mr Benjamin Fishlock
Mr David Foskett
Company Number
09895989 (England and Wales)
Registered Office
1 ST. CATHERINES ROAD
SOUTHAMPTON
SO18 1LL
ENGLAND
Accountants
Zoey Mills
5 Wycliffe Road
Southampton
Hampshire
SO18 2BY
SoRoast Ltd
Statement of financial position
as at 31 December 2021
Tangible assets
6,057
12,548
Cash at bank and in hand
13,812
11,941
Creditors: amounts falling due within one year
(1,626)
-
Net current assets
19,159
19,514
Total assets less current liabilities
25,216
32,062
Creditors: amounts falling due after more than one year
(14,092)
(22,070)
Called up share capital
4
4
Profit and loss account
11,120
9,988
Shareholders' funds
11,124
9,992
For the year ending 31 December 2021 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 September 2022 and were signed on its behalf by
Mr David Foskett
Director
Company Registration No. 09895989
SoRoast Ltd
Notes to the Accounts
for the year ended 31 December 2021
SoRoast Ltd is a private company, limited by shares, registered in England and Wales, registration number 09895989. The registered office is 1 ST. CATHERINES ROAD, SOUTHAMPTON, SO18 1LL, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 December 2021 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2020.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2021
25,272
124
25,396
Disposals
(2,986)
-
(2,986)
At 31 December 2021
23,549
124
23,673
At 1 January 2021
12,764
84
12,848
Charge for the year
3,729
40
3,769
At 31 December 2021
17,492
124
17,616
At 31 December 2021
6,057
-
6,057
At 31 December 2020
12,508
40
12,548
SoRoast Ltd
Notes to the Accounts
for the year ended 31 December 2021
5
Debtors: amounts falling due within one year
2021
2020
6
Creditors: amounts falling due within one year
2021
2020
7
Creditors: amounts falling due after more than one year
2021
2020
Loans from directors
5,542
11,400
8
Average number of employees
During the year the average number of employees was 0 (2020: 0).
