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REGISTERED NUMBER: 02893654 (England and Wales)















SOUTHSIDE LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023






SOUTHSIDE LIMITED (REGISTERED NUMBER: 02893654)






CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SOUTHSIDE LIMITED

COMPANY INFORMATION
For The Year Ended 31 March 2023







DIRECTOR: Ms E V Getmanskaya





SECRETARY: W Latif





REGISTERED OFFICE: 104 Southover
London
N12 7HD





REGISTERED NUMBER: 02893654 (England and Wales)





ACCOUNTANTS: Eric R Jenkins FCA
Chartered Accountants
104 Southover
London
N12 7HD

SOUTHSIDE LIMITED (REGISTERED NUMBER: 02893654)

BALANCE SHEET
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 97 129

CURRENT ASSETS
Debtors 5 96,403 64,931
Cash at bank 12,330 25,799
108,733 90,730
CREDITORS
Amounts falling due within one year 6 4,877 5,175
NET CURRENT ASSETS 103,856 85,555
TOTAL ASSETS LESS CURRENT
LIABILITIES

103,953

85,684

CREDITORS
Amounts falling due after more than one
year

7

48,407

24,344
NET ASSETS 55,546 61,340

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 55,446 61,240
SHAREHOLDERS' FUNDS 55,546 61,340

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

SOUTHSIDE LIMITED (REGISTERED NUMBER: 02893654)

BALANCE SHEET - continued
31 March 2023


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 November 2023 and were signed by:





Ms E V Getmanskaya - Director


SOUTHSIDE LIMITED (REGISTERED NUMBER: 02893654)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2023

1. STATUTORY INFORMATION

Southside Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Equipment
£   
COST
At 1 April 2022
and 31 March 2023 2,999
DEPRECIATION
At 1 April 2022 2,870
Charge for year 32
At 31 March 2023 2,902
NET BOOK VALUE
At 31 March 2023 97
At 31 March 2022 129

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 93,883 63,154
Other debtors 2,520 1,777
96,403 64,931

SOUTHSIDE LIMITED (REGISTERED NUMBER: 02893654)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 March 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors - 1,764
Taxation and social security 4,277 2,691
Other creditors 600 720
4,877 5,175

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Other creditors 48,407 24,344

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
100 Ordinary £1 100 100