Caseware UK (AP4) 2021.0.152 2021.0.152 2021-12-312021-12-31No description of principal activity1true2021-01-01false1trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12568474 2021-01-01 2021-12-31 12568474 2020-01-01 2020-12-31 12568474 2021-12-31 12568474 2020-12-31 12568474 c:Director1 2021-01-01 2021-12-31 12568474 d:CurrentFinancialInstruments 2021-12-31 12568474 d:CurrentFinancialInstruments 2020-12-31 12568474 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 12568474 d:CurrentFinancialInstruments d:WithinOneYear 2020-12-31 12568474 d:ShareCapital 2021-12-31 12568474 d:ShareCapital 2020-12-31 12568474 d:RetainedEarningsAccumulatedLosses 2021-12-31 12568474 d:RetainedEarningsAccumulatedLosses 2020-12-31 12568474 c:FRS102 2021-01-01 2021-12-31 12568474 c:AuditExempt-NoAccountantsReport 2021-01-01 2021-12-31 12568474 c:FullAccounts 2021-01-01 2021-12-31 12568474 c:PrivateLimitedCompanyLtd 2021-01-01 2021-12-31 iso4217:GBP xbrli:pure

Registered number: 12568474









SOUTHERN DISTRIBUTORS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2021

 
SOUTHERN DISTRIBUTORS LIMITED
REGISTERED NUMBER: 12568474

BALANCE SHEET
AS AT 31 DECEMBER 2021

2021
2020
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
346,600
55,997

Cash at bank and in hand
 5 
64,026
2,703

  
410,626
58,700

Creditors: amounts falling due within one year
 6 
(400,640)
(48,700)

Net current assets
  
 
 
9,986
 
 
10,000

Total assets less current liabilities
  
9,986
10,000

  

Net assets
  
9,986
10,000


Capital and reserves
  

Called up share capital 
  
10,000
10,000

Profit and loss account
  
(14)
-

  
9,986
10,000


Page 1

 
SOUTHERN DISTRIBUTORS LIMITED
REGISTERED NUMBER: 12568474
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2021

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 comprehensive income 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 by: 




L R Nahon
Director

Date: 18 August 2022

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 
SOUTHERN DISTRIBUTORS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

1.


General information

Souther Distributors Ltd is a private company, limited by shares, incorporated in the United Kingdom and registered in England and Wales. The company's registered office address is Garden Cottage, Garden Road, London, United Kingdom, NW8 9PR.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of comprehensive income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

 
2.3

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.

 
2.4

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.

Page 3

 
SOUTHERN DISTRIBUTORS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2020 - 1).


4.


Debtors

2021
2020
£
£


Other debtors
346,600
55,997

346,600
55,997



5.


Cash and cash equivalents

2021
2020
£
£

Cash at bank and in hand
64,026
2,703

64,026
2,703



6.


Creditors: Amounts falling due within one year

2021
2020
£
£

Other creditors
398,120
48,700

Accruals and deferred income
2,520
-

400,640
48,700


 
Page 4