2021-10-012022-09-302022-09-30false11574935THE SOUTH GROUND GROUP LTD2023-09-2910832iso4217:GBPxbrli:pure115749352021-10-01115749352022-09-30115749352021-10-012022-09-30115749352020-10-01115749352021-09-30115749352020-10-012021-09-3011574935bus:SmallEntities2021-10-012022-09-3011574935bus:AuditExempt-NoAccountantsReport2021-10-012022-09-3011574935bus:AbridgedAccounts2021-10-012022-09-3011574935bus:PrivateLimitedCompanyLtd2021-10-012022-09-3011574935core:WithinOneYear2022-09-3011574935core:AfterOneYear2022-09-3011574935core:WithinOneYear2021-09-3011574935core:AfterOneYear2021-09-3011574935core:ShareCapital2022-09-3011574935core:SharePremium2022-09-3011574935core:RevaluationReserve2022-09-3011574935core:OtherReservesSubtotal2022-09-3011574935core:RetainedEarningsAccumulatedLosses2022-09-3011574935core:ShareCapital2021-09-3011574935core:SharePremium2021-09-3011574935core:RevaluationReserve2021-09-3011574935core:OtherReservesSubtotal2021-09-3011574935core:RetainedEarningsAccumulatedLosses2021-09-3011574935core:LandBuildings2022-09-3011574935core:PlantMachinery2022-09-3011574935core:Vehicles2022-09-3011574935core:FurnitureFittings2022-09-3011574935core:OfficeEquipment2022-09-3011574935core:NetGoodwill2022-09-3011574935core:IntangibleAssetsOtherThanGoodwill2022-09-3011574935core:ListedExchangeTraded2022-09-3011574935core:UnlistedNon-exchangeTraded2022-09-3011574935core:LandBuildings2021-09-3011574935core:PlantMachinery2021-09-3011574935core:Vehicles2021-09-3011574935core:FurnitureFittings2021-09-3011574935core:OfficeEquipment2021-09-3011574935core:NetGoodwill2021-09-3011574935core:IntangibleAssetsOtherThanGoodwill2021-09-3011574935core:ListedExchangeTraded2021-09-3011574935core:UnlistedNon-exchangeTraded2021-09-3011574935core:LandBuildings2021-10-012022-09-3011574935core:PlantMachinery2021-10-012022-09-3011574935core:Vehicles2021-10-012022-09-3011574935core:FurnitureFittings2021-10-012022-09-3011574935core:OfficeEquipment2021-10-012022-09-3011574935core:NetGoodwill2021-10-012022-09-3011574935core:IntangibleAssetsOtherThanGoodwill2021-10-012022-09-3011574935core:ListedExchangeTraded2021-10-012022-09-3011574935core:UnlistedNon-exchangeTraded2021-10-012022-09-3011574935core:MoreThanFiveYears2021-10-012022-09-3011574935core:Non-currentFinancialInstruments2022-09-3011574935core:Non-currentFinancialInstruments2021-09-3011574935dpl:CostSales2021-10-012022-09-3011574935dpl:DistributionCosts2021-10-012022-09-3011574935dpl:AdministrativeExpenses2021-10-012022-09-3011574935core:LandBuildings2021-10-012022-09-3011574935core:PlantMachinery2021-10-012022-09-3011574935core:Vehicles2021-10-012022-09-3011574935core:FurnitureFittings2021-10-012022-09-3011574935core:OfficeEquipment2021-10-012022-09-3011574935core:NetGoodwill2021-10-012022-09-3011574935core:IntangibleAssetsOtherThanGoodwill2021-10-012022-09-3011574935dpl:GroupUndertakings2021-10-012022-09-3011574935dpl:ParticipatingInterests2021-10-012022-09-3011574935dpl:GroupUndertakingscore:ListedExchangeTraded2021-10-012022-09-3011574935core:ListedExchangeTraded2021-10-012022-09-3011574935dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-10-012022-09-3011574935core:UnlistedNon-exchangeTraded2021-10-012022-09-3011574935dpl:CostSales2020-10-012021-09-3011574935dpl:DistributionCosts2020-10-012021-09-3011574935dpl:AdministrativeExpenses2020-10-012021-09-3011574935core:LandBuildings2020-10-012021-09-3011574935core:PlantMachinery2020-10-012021-09-3011574935core:Vehicles2020-10-012021-09-3011574935core:FurnitureFittings2020-10-012021-09-3011574935core:OfficeEquipment2020-10-012021-09-3011574935core:NetGoodwill2020-10-012021-09-3011574935core:IntangibleAssetsOtherThanGoodwill2020-10-012021-09-3011574935dpl:GroupUndertakings2020-10-012021-09-3011574935dpl:ParticipatingInterests2020-10-012021-09-3011574935dpl:GroupUndertakingscore:ListedExchangeTraded2020-10-012021-09-3011574935core:ListedExchangeTraded2020-10-012021-09-3011574935dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2020-10-012021-09-3011574935core:UnlistedNon-exchangeTraded2020-10-012021-09-3011574935core:NetGoodwill2022-09-3011574935core:IntangibleAssetsOtherThanGoodwill2022-09-3011574935core:LandBuildings2022-09-3011574935core:PlantMachinery2022-09-3011574935core:Vehicles2022-09-3011574935core:FurnitureFittings2022-09-3011574935core:OfficeEquipment2022-09-3011574935core:AfterOneYear2022-09-3011574935core:WithinOneYear2022-09-3011574935core:ListedExchangeTraded2022-09-3011574935core:UnlistedNon-exchangeTraded2022-09-3011574935core:ShareCapital2022-09-3011574935core:SharePremium2022-09-3011574935core:RevaluationReserve2022-09-3011574935core:OtherReservesSubtotal2022-09-3011574935core:RetainedEarningsAccumulatedLosses2022-09-3011574935core:NetGoodwill2021-09-3011574935core:IntangibleAssetsOtherThanGoodwill2021-09-3011574935core:LandBuildings2021-09-3011574935core:PlantMachinery2021-09-3011574935core:Vehicles2021-09-3011574935core:FurnitureFittings2021-09-3011574935core:OfficeEquipment2021-09-3011574935core:AfterOneYear2021-09-3011574935core:WithinOneYear2021-09-3011574935core:Liste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THE SOUTH GROUND GROUP LTD

Registered Number
11574935
(England and Wales)

Unaudited Financial Statements for the Year ended
30 September 2022

THE SOUTH GROUND GROUP LTD
Company Information
for the year from 1 October 2021 to 30 September 2022

Directors

Juliana Beleno
Valentina Beleno

Registered Address

Eccleston Yards
10 - 11 Eccleston Yards
London
SW1W 9AZ

Registered Number

11574935 (England and Wales)
THE SOUTH GROUND GROUP LTD
Balance Sheet as at
30 September 2022

Notes

2022

2021

£

£

£

£

Fixed assets
Tangible assets5165,743197,716
165,743197,716
Current assets
Stocks2,0002,000
Debtors40,97038,395
Cash at bank and on hand6,15721,712
49,12762,107
Creditors amounts falling due within one year(476,817)(423,173)
Net current assets (liabilities)(427,690)(361,066)
Total assets less current liabilities(261,947)(163,350)
Net assets(261,947)(163,350)
Capital and reserves
Called up share capital22
Profit and loss account(261,949)(163,352)
Shareholders' funds(261,947)(163,350)
The financial statements were approved and authorised for issue by the Board of Directors on 29 September 2023, and are signed on its behalf by:
Juliana Beleno
Director
Valentina Beleno
Director

Registered Company No. 11574935
THE SOUTH GROUND GROUP LTD
Notes to the Financial Statements
for the year ended 30 September 2022

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Plant and machinery5
Fixtures and fittings7
Stocks policy
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
4.Employee information

20222021
Average number of employees during the year168
5.Property, plant and equipment

Total

£
Cost or valuation
At 01 October 21266,256
Additions11,326
At 30 September 22277,582
Depreciation and impairment
At 01 October 2168,541
Charge for year43,298
At 30 September 22111,840
Net book value
At 30 September 22165,743
At 30 September 21197,716