09802802falseSale of stationery and art materials2023-01-012023-12-31http://www.companieshouse.gov.uk/2022-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-12-31http://www.companieshouse.gov.uk/cd:Director12023-01-012023-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-12-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2022-12-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2022-12-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-01-012023-12-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-12-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-01-012023-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-01-012023-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-12-31http://www.companieshouse.gov.uk/2023-01-012023-12-31http://www.companieshouse.gov.uk/2022-12-31http://www.companieshouse.gov.uk/cd:FRS1022023-01-012023-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-01-012023-12-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-01-012023-12-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 09802802

Southern Stationery Limited

ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023

Prepared By:
Peter Simpson FCCA MAAT
5 Juniper Close
Pennington
Lymington
Hampshire
SO41 8AZ

Southern Stationery Limited

ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
DIRECTORS
Stephen George Atyeo
REGISTERED OFFICE
3 Angel Courtyard
Lymington
Hampshire
SO41 9AP
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 09802802
ACCOUNTANTS
Peter Simpson FCCA MAAT
5 Juniper Close
Pennington
Lymington
Hampshire
SO41 8AZ

Southern Stationery Limited

ACCOUNTS
FOR THEYEARENDED31 DECEMBER 2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Southern Stationery Limited

BALANCE SHEET AT 31 December 2023
20232022
Notes££
FIXED ASSETS
Tangible assets25,0783,623
CURRENT ASSETS
Stock58,20935,622
Debtors48,86312,178
Cash at bank and in hand22,18916,425
89,26164,225
CREDITORS: Amounts falling due within one year516,6469,485
NET CURRENT ASSETS72,61554,740
TOTAL ASSETS LESS CURRENT LIABILITIES77,69358,363
CAPITAL AND RESERVES
Called up share capital711
Profit and loss account77,69258,362
SHAREHOLDERS' FUNDS77,69358,363
For the year ending 31 December 2023 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 23 September 2024 and signed on their behalf by
.............................
Stephen George Atyeo
Director

Southern Stationery Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures and Fittings 20%
Equipment 20%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Government Grants
Government grants relating to coronavirus are recognised in the profit and loss under the accruals model in the year which they are matched against qualifying expenditure. The grants are included in other operating income.

Southern Stationery Limited

2. TANGIBLE FIXED ASSETS
Fixtures
and FittingsEquipmentTotal
£££
Cost
At 1 January 20236,0944,01710,111
Additions7541,9712,725
At 31 December 20236,8485,98812,836
Depreciation
At 1 January 20234,1202,3686,488
For the year5467241,270
At 31 December 20234,6663,0927,758
Net Book Amounts
At 31 December 20232,1822,8965,078
At 31 December 20221,9741,6493,623
3. STOCK 20232022
££
Stock comprises:
Stock58,20935,622
58,20935,622
4. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors1,7072,731
VAT-714
Prepayments7,1568,733
8,86312,178

Southern Stationery Limited

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax5,5481,678
VAT3,879-
PAYE control-792
Directors current account5,2005,555
Accruals2,0191,460
16,6469,485
6. EMPLOYEES
20232022
No.No.
Average number of employees11
7. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
1 Ordinary shares of £1 each11
11