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Company Registration No. 12862685 (England and Wales)
SOUTHWESTRADERS LTD Unaudited accounts for the year ended 30 September 2023
SOUTHWESTRADERS LTD Unaudited accounts Contents
Page
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SOUTHWESTRADERS LTD Company Information for the year ended 30 September 2023
Directors
Rijo Jose George Bijo Scaria
Company Number
12862685 (England and Wales)
Registered Office
14 Madeira Road Mitcham CR4 4HD
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SOUTHWESTRADERS LTD Statement of financial position as at 30 September 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
34,604 
23,927 
Current assets
Inventories
3,200 
3,800 
Debtors
2,550 
1,692 
Cash at bank and in hand
7,001 
5,920 
12,751 
11,412 
Creditors: amounts falling due within one year
(13,416)
(9,014)
Net current (liabilities)/assets
(665)
2,398 
Total assets less current liabilities
33,939 
26,325 
Creditors: amounts falling due after more than one year
- 
(3,419)
Provisions for liabilities
Deferred tax
(3,409)
(4,390)
Net assets
30,530 
18,516 
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
30,527 
18,513 
Shareholders' funds
30,530 
18,516 
For the year ending 30 September 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 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 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 of Directors and authorised for issue on 24 September 2024 and were signed on its behalf by
Rijo Jose George Director Company Registration No. 12862685
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SOUTHWESTRADERS LTD Notes to the Accounts for the year ended 30 September 2023
1
Statutory information
SOUTHWESTRADERS LTD is a private company, limited by shares, registered in England and Wales, registration number 12862685. The registered office is 14 Madeira Road, Mitcham, CR4 4HD.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Motor vehicles
18% WDV
Computer equipment
18% WDV
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 October 2022
2,170 
23,000 
5,958 
300 
31,428 
Additions
- 
22,200 
- 
- 
22,200 
Disposals
- 
(6,361)
- 
- 
(6,361)
At 30 September 2023
2,170 
38,839 
5,958 
300 
47,267 
Depreciation
At 1 October 2022
120 
6,880 
395 
106 
7,501 
Charge for the year
369 
3,757 
1,001 
35 
5,162 
At 30 September 2023
489 
10,637 
1,396 
141 
12,663 
Net book value
At 30 September 2023
1,681 
28,202 
4,562 
159 
34,604 
At 30 September 2022
2,050 
16,120 
5,563 
194 
23,927 
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SOUTHWESTRADERS LTD Notes to the Accounts for the year ended 30 September 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,550 
- 
Other debtors
- 
1,692 
2,550 
1,692 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
1,826 
2,589 
Trade creditors
3,706 
- 
Loans from directors
7,044 
- 
Accruals
840 
6,425 
13,416 
9,014 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
- 
3,419 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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