Registration number:
Report of the Director and
for the
Year Ended 31 March 2023
for
Southmoor Agencies Ltd
Southmoor Agencies Ltd
Contents of the Financial Statements
for the Year Ended 31 March 2023
Company Information |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
Southmoor Agencies Ltd
Company Information
for the Year Ended 31 March 2023
Director: |
B E Isard |
Registered office: |
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Registered number: |
07297026 |
Accountants: |
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Southmoor Agencies Ltd
(Registration number: 07297026)
Balance Sheet as at 31 March 2023
Note |
31.03.23 |
31.03.22 |
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£ |
£ |
£ |
£ |
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FIXED ASSETS |
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Tangible assets |
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Investments |
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CURRENT ASSETS |
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Debtors |
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Cash at bank and in hand |
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CREDITORS |
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Creditors within 1yr |
3,265 |
3,126 |
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Net current assets |
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Net assets |
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CAPITAL AND RESERVES |
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Called up share capital |
1 |
1 |
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Profit and loss account |
3,209,437 |
2,568,851 |
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Shareholders' funds |
3,209,438 |
2,568,852 |
For the financial year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Director's responsibilities:
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• |
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.
Approved and authorised by the
......................................... |
Southmoor Agencies Ltd
Notes to the Unaudited Financial Statements
for the Year Ended 31 March 2023
1. |
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
England
These financial statements were authorised for issue by the
2. |
Accounting policies |
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
The presentational currency is Pound Sterling (£).
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
Asset class |
Depreciation method and rate |
Building improvements |
3% - Straight line basis |
Investments
Investments in associate undertakings are recognised at cost.
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Southmoor Agencies Ltd
Notes to the Unaudited Financial Statements
for the Year Ended 31 March 2023 (continued)
3. |
Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
4. |
Tangible assets |
Building Improvements |
Total |
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Cost or valuation |
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At 1 April 2022 |
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Additions |
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At 31 March 2023 |
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Depreciation |
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Charge for the year |
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At 31 March 2023 |
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Carrying amount |
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At 31 March 2023 |
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At 31 March 2022 |
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5. |
Investments |
Associates |
Interest |
Cost |
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At 1 April 2022 |
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NET BOOK VALUE |
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At 31 March 2023 |
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At 31 March 2022 |
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Southmoor Agencies Ltd
Notes to the Unaudited Financial Statements
for the Year Ended 31 March 2023 (continued)
6. |
Debtors |
Current |
31.03.23 |
31.03.22 |
Amounts owed by related parties |
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Other debtors |
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52,913 |
52,913 |
7. |
Creditors |
Creditors: amounts falling due within one year
31.03.23 |
31.03.22 |
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Due within one year |
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Accruals and deferred income |
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Other creditors |
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