Company Registration No. 05295664 (England and Wales)
SOUTH CAUSEY LIMITED
Unaudited accounts
for the year ended 31 January 2024
SOUTH CAUSEY LIMITED
Unaudited accounts
Contents
SOUTH CAUSEY LIMITED
Company Information
for the year ended 31 January 2024
Directors
Mrs S J Moiser
Mr P J Moiser
Company Number
05295664 (England and Wales)
Registered Office
1 Jesmond Business Court
217 Jesmond Road
Newcastle upon Tyne
NE2 1LA
United Kingdom
Accountants
G W Accountants Ltd
1 Jesmond Business Court
217 Jesmond Road
Newcastle upon Tyne
NE2 1LA
SOUTH CAUSEY LIMITED
Statement of financial position
as at 31 January 2024
Tangible assets
1,508,044
2,110,194
Cash at bank and in hand
2,779,700
2,097,384
Creditors: amounts falling due within one year
(2,365,311)
(2,249,736)
Net current assets/(liabilities)
474,004
(87,192)
Net assets
1,982,048
2,023,002
Called up share capital
100
100
Profit and loss account
1,981,948
2,022,902
Shareholders' funds
1,982,048
2,023,002
For the year ending 31 January 2024 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 19 August 2024 and were signed on its behalf by
Mrs S J Moiser
Director
Company Registration No. 05295664
SOUTH CAUSEY LIMITED
Notes to the Accounts
for the year ended 31 January 2024
SOUTH CAUSEY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05295664. The registered office is 1 Jesmond Business Court, 217 Jesmond Road, Newcastle upon Tyne, NE2 1LA, 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.
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:
Land & buildings
Leasehold improvements 7 years
Fixtures & fittings
4 years straight line
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Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2023
3,623,304
897,477
-
4,520,781
Additions
135,001
1,318
3,966
140,285
At 31 January 2024
3,758,305
898,795
3,966
4,661,066
At 1 February 2023
1,949,854
460,733
-
2,410,587
Charge for the year
531,597
210,838
-
742,435
At 31 January 2024
2,481,451
671,571
-
3,153,022
At 31 January 2024
1,276,854
227,224
3,966
1,508,044
At 31 January 2023
1,673,450
436,744
-
2,110,194
SOUTH CAUSEY LIMITED
Notes to the Accounts
for the year ended 31 January 2024
5
Creditors: amounts falling due within one year
2024
2023
Trade creditors
93,495
220,020
Taxes and social security
245,086
303,998
Other creditors
1,673,044
1,386,228
Loans from directors
68,275
98,144
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Average number of employees
During the year the average number of employees was 48 (2023: 48).