IRIS Accounts Production v22.3.0.621 05884133 director 1.8.22 31.7.23 31.7.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure058841332022-07-31058841332023-07-31058841332022-08-012023-07-31058841332021-07-31058841332021-08-012022-07-31058841332022-07-3105884133ns16:EnglandWales2022-08-012023-07-3105884133ns15:PoundSterling2022-08-012023-07-3105884133ns11:Director12022-08-012023-07-3105884133ns11:PrivateLimitedCompanyLtd2022-08-012023-07-3105884133ns11:SmallEntities2022-08-012023-07-3105884133ns11:AuditExempt-NoAccountantsReport2022-08-012023-07-3105884133ns11:SmallCompaniesRegimeForDirectorsReport2022-08-012023-07-3105884133ns11:SmallCompaniesRegimeForAccounts2022-08-012023-07-3105884133ns11:FullAccounts2022-08-012023-07-3105884133ns11:OrdinaryShareClass12022-08-012023-07-3105884133ns11:RegisteredOffice2022-08-012023-07-3105884133ns6:CurrentFinancialInstruments2023-07-3105884133ns6:CurrentFinancialInstruments2022-07-3105884133ns6:Non-currentFinancialInstruments2023-07-3105884133ns6:Non-currentFinancialInstruments2022-07-3105884133ns6:ShareCapital2023-07-3105884133ns6:ShareCapital2022-07-3105884133ns6:RetainedEarningsAccumulatedLosses2023-07-3105884133ns6:RetainedEarningsAccumulatedLosses2022-07-3105884133ns6:PlantMachinery2022-08-012023-07-3105884133ns6:PlantMachinery2022-07-3105884133ns6:PlantMachinery2023-07-3105884133ns6:PlantMachinery2022-07-3105884133ns6:WithinOneYearns6:CurrentFinancialInstruments2023-07-3105884133ns6:WithinOneYearns6:CurrentFinancialInstruments2022-07-3105884133ns11:OrdinaryShareClass12023-07-3105884133ns6:RetainedEarningsAccumulatedLosses2022-07-3105884133ns6:RetainedEarningsAccumulatedLosses2022-08-012023-07-31
REGISTERED NUMBER: 05884133 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

Southern Optical Services Limited

Southern Optical Services Limited (Registered number: 05884133)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Southern Optical Services Limited

Company Information
for the Year Ended 31 July 2023







DIRECTOR: G D Berrington





REGISTERED OFFICE: 14 Tudor Close
Maidenbower
Crawley
RH10 7WX





REGISTERED NUMBER: 05884133 (England and Wales)





ACCOUNTANTS: Creasey Alexander & Co
Chartered Accountants
Parkgate House
33a Pratt Street
London
NW1 0BG

Southern Optical Services Limited (Registered number: 05884133)

Balance Sheet
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1 1

CURRENT ASSETS
Debtors 5 56,499 50,635

CREDITORS
Amounts falling due within one year 6 33,677 33,645
NET CURRENT ASSETS 22,822 16,990
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,823

16,991

CREDITORS
Amounts falling due after more than one year 7 6,900 10,500
NET ASSETS 15,923 6,491

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 10 15,922 6,490
SHAREHOLDERS' FUNDS 15,923 6,491

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

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

The director acknowledges his 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.

Southern Optical Services Limited (Registered number: 05884133)

Balance Sheet - continued
31 July 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 11 January 2024 and were signed by:





G D Berrington - Director


Southern Optical Services Limited (Registered number: 05884133)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

Southern Optical Services 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 is measured at the fair value of the consideration receivable excluding discounts, rebates, value added tax and other sales taxes, where appropriate.

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Southern Optical Services Limited (Registered number: 05884133)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 August 2022
and 31 July 2023 6,673
DEPRECIATION
At 1 August 2022
and 31 July 2023 6,672
NET BOOK VALUE
At 31 July 2023 1
At 31 July 2022 1

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade debtors 3,925 5,990
Directors' current accounts 38,342 30,413
Tax 14,232 14,232
56,499 50,635

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Bank loans and overdrafts (see note 8) 8,148 12,888
Tax 20,183 13,658
Other creditors 96 1,849
Bounce Back loan 3,600 3,600
Accrued expenses 1,650 1,650
33,677 33,645

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.23 31.7.22
£    £   
Bounce Back Loan 6,900 10,500

Southern Optical Services Limited (Registered number: 05884133)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

8. LOANS

An analysis of the maturity of loans is given below:

31.7.23 31.7.22
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 8,148 12,888

9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.7.23 31.7.22
value: £    £   
1 Ordinary £1 1 1

10. RESERVES
Retained
earnings
£   

At 1 August 2022 6,490
Profit for the year 50,602
Dividends (41,170 )
At 31 July 2023 15,922