Company Registration No. 11088619 (England and Wales)
SOUTHAM GARDEN SERVICES LTD.
Unaudited accounts
for the year ended 30 November 2023
SOUTHAM GARDEN SERVICES LTD.
Unaudited accounts
Contents
SOUTHAM GARDEN SERVICES LTD.
Company Information
for the year ended 30 November 2023
Company Number
11088619 (England and Wales)
Registered Office
151 ENFIELD ROAD
HUNT END
REDDITCH
WORCESTERSHIRE
B97 5NF
UNITED KINGDOM
Accountants
AC Counts & Services Ltd
Office 42
Imex Business Centre, Oxleasow Road
Redditch
Worcestershire
B98 0RE
SOUTHAM GARDEN SERVICES LTD.
Statement of financial position
as at 30 November 2023
Cash at bank and in hand
284
529
Creditors: amounts falling due within one year
(1,638)
(1,958)
Net current liabilities
(1,354)
(1,429)
Total assets less current liabilities
(1,122)
(967)
Creditors: amounts falling due after more than one year
(1,267)
(1,667)
Net liabilities
(2,389)
(2,634)
Called up share capital
1
1
Profit and loss account
(2,390)
(2,635)
Shareholders' funds
(2,389)
(2,634)
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 August 2024 and were signed on its behalf by
Arron Southam
Director
Company Registration No. 11088619
SOUTHAM GARDEN SERVICES LTD.
Notes to the Accounts
for the year ended 30 November 2023
SOUTHAM GARDEN SERVICES LTD. is a private company, limited by shares, registered in England and Wales, registration number 11088619. The registered office is 151 ENFIELD ROAD, HUNT END, REDDITCH, WORCESTERSHIRE, B97 5NF, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
The financial statements have been prepared on a going concern basis. This assumes the continued support of the director. The director has indicated his support will continue for the foreseeable future.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straight Line Method
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
SOUTHAM GARDEN SERVICES LTD.
Notes to the Accounts
for the year ended 30 November 2023
4
Tangible fixed assets
Plant & machinery
5
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
-
110
Loans from directors
684
894
6
Creditors: amounts falling due after more than one year
2023
2022
7
Transactions with related parties
At the year end, there was a balance of £684.32 (2022 - £894.32) owing to sole director Mr Arron Southam.
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).