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REGISTERED NUMBER: 14772726 (England and Wales)















FINANCIAL STATEMENTS FOR THE PERIOD 31 MARCH 2023 TO 31 DECEMBER 2023

FOR

SERVICE OFFSET SUPPLIES GROUP LIMITED

SERVICE OFFSET SUPPLIES GROUP LIMITED (REGISTERED NUMBER: 14772726)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 31 MARCH 2023 TO 31 DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SERVICE OFFSET SUPPLIES GROUP LIMITED

COMPANY INFORMATION
FOR THE PERIOD 31 MARCH 2023 TO 31 DECEMBER 2023







DIRECTORS: O Anwar
R J Quinnell
A P Fleming





REGISTERED OFFICE: 40 Oakwood Hill Industrial Estate
Oakwood Hill
Loughton
Essex
IG10 3TZ





REGISTERED NUMBER: 14772726 (England and Wales)





ACCOUNTANTS: Howard & Stapleton
2nd Floor Offices
26-28 West Street
Market Square
Rochford
Essex
SS4 1AJ

SERVICE OFFSET SUPPLIES GROUP LIMITED (REGISTERED NUMBER: 14772726)

BALANCE SHEET
31 DECEMBER 2023

Notes £    £   
FIXED ASSETS
Investments 4 1,302,453

CURRENT ASSETS
Cash in hand 75

CREDITORS
Amounts falling due within one year 5 282,027
NET CURRENT LIABILITIES (281,952 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,020,501

CREDITORS
Amounts falling due after more than one
year

6

499,075
NET ASSETS 521,426

CAPITAL AND RESERVES
Called up share capital 100
Share premium 8 233,308
Retained earnings 8 288,018
SHAREHOLDERS' FUNDS 521,426

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

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

The directors acknowledge their 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.

SERVICE OFFSET SUPPLIES GROUP LIMITED (REGISTERED NUMBER: 14772726)

BALANCE SHEET - continued
31 DECEMBER 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 Board of Directors and authorised for issue on 30 May 2024 and were signed on its behalf by:




O Anwar - Director R J Quinnell - Director




A P Fleming - Director


SERVICE OFFSET SUPPLIES GROUP LIMITED (REGISTERED NUMBER: 14772726)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 31 MARCH 2023 TO 31 DECEMBER 2023


1. STATUTORY INFORMATION

Service Offset Supplies Group 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Investments in subsidiaries
Investments in group undertakings are measured at cost less impairment.

Impairment
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 1,302,453
At 31 December 2023 1,302,453
NET BOOK VALUE
At 31 December 2023 1,302,453

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other creditors 282,027

SERVICE OFFSET SUPPLIES GROUP LIMITED (REGISTERED NUMBER: 14772726)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 31 MARCH 2023 TO 31 DECEMBER 2023


6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
£   
Other creditors 499,075

7. SECURED DEBTS

The following secured debts are included within creditors:

£   
Other loans 781,102

8. RESERVES
Retained Share
earnings premium Totals
£    £    £   

Profit for the period 288,018 - 288,018
Share exchange - 233,308 233,308
At 31 December 2023 288,018 233,308 521,326