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REGISTERED NUMBER: 06752593 (England and Wales)







Financial Statements for the Year Ended 31st December 2023

for

Southcliffe Associates Limited

Southcliffe Associates Limited (Registered number: 06752593)






Contents of the Financial Statements
for the Year Ended 31st December 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Southcliffe Associates Limited

Company Information
for the Year Ended 31st December 2023







DIRECTORS: N M Elliston
J R S Elliston





REGISTERED OFFICE: Southcliffe House
272 Wells Road
Malvern
Worcestershire
WR14 4HD





REGISTERED NUMBER: 06752593 (England and Wales)





ACCOUNTANTS: The Richards Sandy Partnership
Thorneloe House
25 Barbourne Road
Worcester
Worcestershire
WR1 1RU

Southcliffe Associates Limited (Registered number: 06752593)

Abridged Balance Sheet
31st December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 598 957
598 957

CURRENT ASSETS
Debtors 274,114 2,084
Cash at bank 351,170 194,635
625,284 196,719
CREDITORS
Amounts falling due within one year 137,979 28,873
NET CURRENT ASSETS 487,305 167,846
TOTAL ASSETS LESS CURRENT
LIABILITIES

487,903

168,803

PROVISIONS FOR LIABILITIES 114 182
NET ASSETS 487,789 168,621

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 487,689 168,521
SHAREHOLDERS' FUNDS 487,789 168,621

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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.

Southcliffe Associates Limited (Registered number: 06752593)

Abridged Balance Sheet - continued
31st December 2023


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31st December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 9th September 2024 and were signed on its behalf by:




N M Elliston - Director



J R S Elliston - Director


Southcliffe Associates Limited (Registered number: 06752593)

Notes to the Financial Statements
for the Year Ended 31st December 2023

1. STATUTORY INFORMATION

Southcliffe Associates 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 received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

GOODWILL
Goodwill, being the amount paid in connection with the acquisition of a business in 2008, has been amortised evenly over its estimated useful life of ten years.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st January 2023 150,000
Disposals (75,000 )
At 31st December 2023 75,000
AMORTISATION
At 1st January 2023 150,000
Eliminated on disposal (75,000 )
At 31st December 2023 75,000
NET BOOK VALUE

At 31st December 2023 -
At 31st December 2022 -

Southcliffe Associates Limited (Registered number: 06752593)

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

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st January 2023 4,252
Disposals (1,737 )
At 31st December 2023 2,515
DEPRECIATION
At 1st January 2023 3,295
Charge for year 299
Eliminated on disposal (1,677 )
At 31st December 2023 1,917
NET BOOK VALUE
At 31st December 2023 598
At 31st December 2022 957