1 April 2023 false No description of principal activity Taxfiler 2024.5 03983612business:PrivateLimitedCompanyLtd2023-04-012024-03-31 039836122023-03-31 039836122023-04-012024-03-31 03983612business:AuditExempt-NoAccountantsReport2023-04-012024-03-31 03983612business:FilletedAccounts2023-04-012024-03-31 039836122024-03-31 03983612business:Director12023-04-012024-03-31 03983612business:Director22023-04-012024-03-31 03983612business:RegisteredOffice2023-04-012024-03-31 039836122023-03-31 03983612core:WithinOneYear2024-03-31 03983612core:WithinOneYear2023-03-31 03983612core:AfterOneYear2024-03-31 03983612core:AfterOneYear2023-03-31 03983612core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 03983612core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 03983612core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 03983612core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 03983612core:PreviouslyStatedAmount2024-03-31 03983612core:PreviouslyStatedAmount2023-03-31 03983612business:SmallEntities2023-04-012024-03-31 03983612countries:EnglandWales2023-04-012024-03-31 03983612core:LandBuildings2023-04-012024-03-31 03983612core:PlantMachinery2023-04-012024-03-31 03983612core:FurnitureFittings2023-04-012024-03-31 03983612core:ComputerEquipment2023-04-012024-03-31 03983612core:Goodwill2023-03-31 03983612core:Goodwill2024-03-31 03983612core:Goodwill2023-04-012024-03-31 03983612core:LandBuildings2023-03-31 03983612core:PlantMachinery2023-03-31 03983612core:FurnitureFittings2023-03-31 03983612core:ComputerEquipment2023-03-31 03983612core:LandBuildings2024-03-31 03983612core:PlantMachinery2024-03-31 03983612core:FurnitureFittings2024-03-31 03983612core:ComputerEquipment2024-03-31 03983612core:AfterOneYear2023-04-012024-03-31 03983612business:OrdinaryShareClass12023-04-012024-03-31 03983612business:OrdinaryShareClass12022-04-012023-03-31 039836122022-04-012023-03-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 03983612 (England and Wales)
SSR Limited Unaudited accounts for the year ended 31 March 2024
SSR Limited Unaudited accounts Contents
Page
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SSR Limited Company Information for the year ended 31 March 2024
Directors
Colin Abbott Paul Abbott
Company Number
03983612 (England and Wales)
Registered Office
Meridian House Blackwater Way Aldershot GU12 4DL England
Accountants
Blue Cube Accountants Limited Britwell Grange Britwell Road Burnham SL1 8DF
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SSR Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
207,991 
233,997 
Tangible assets
124,950 
132,853 
332,941 
366,850 
Current assets
Inventories
466,770 
582,085 
Debtors
411,429 
390,449 
Cash at bank and in hand
6,168 
9,876 
884,367 
982,410 
Creditors: amounts falling due within one year
(667,794)
(745,981)
Net current assets
216,573 
236,429 
Total assets less current liabilities
549,514 
603,279 
Creditors: amounts falling due after more than one year
(379,630)
(385,185)
Provisions for liabilities
Deferred tax
(16,089)
- 
Net assets
153,795 
218,094 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
153,695 
217,994 
Shareholders' funds
153,795 
218,094 
For the year ending 31 March 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 1 October 2024 and were signed on its behalf by
Paul Abbott Director Company Registration No. 03983612
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SSR Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
SSR Limited is a private company, limited by shares, registered in England and Wales, registration number 03983612. The registered office is Meridian House, Blackwater Way, Aldershot, GU12 4DL, England.
2
Accounting policies
Basis of preparation
These financial statements have been prepared in compliance with FRS 102, ’The Financial Reporting Standard applicable to 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.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. The goodwill is being amortised evenly over 15 years.
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
Over the length of the lease
Plant & machinery
10% Straight Line
Fixtures & fittings
33.33% Straight Line
Computer equipment
33.33% Straight Line
Inventories
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current or deferred taxation assets and liabilities are not discounted. Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
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SSR Limited Notes to the Accounts for the year ended 31 March 2024
Pension costs
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charge to the profit & loss account in the period to which they relate.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2023
390,000 
At 31 March 2024
390,000 
Amortisation
At 1 April 2023
156,003 
Charge for the year
26,006 
At 31 March 2024
182,009 
Net book value
At 31 March 2024
207,991 
At 31 March 2023
233,997 
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 April 2023
42,684 
275,539 
9,086 
5,961 
333,270 
Additions
- 
14,921 
7,566 
- 
22,487 
At 31 March 2024
42,684 
290,460 
16,652 
5,961 
355,757 
Depreciation
At 1 April 2023
42,684 
145,561 
6,783 
5,389 
200,417 
Charge for the year
- 
27,226 
2,730 
434 
30,390 
At 31 March 2024
42,684 
172,787 
9,513 
5,823 
230,807 
Net book value
At 31 March 2024
- 
117,673 
7,139 
138 
124,950 
At 31 March 2023
- 
129,978 
2,303 
572 
132,853 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
279,037 
272,404 
Accrued income and prepayments
62,164 
53,045 
Other debtors
70,228 
65,000 
411,429 
390,449 
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SSR Limited Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
65,995 
29,548 
VAT
71,342 
78,141 
Trade creditors
131,011 
116,677 
Taxes and social security
64,281 
167,437 
Other creditors
253,563 
249,776 
Loans from directors
66,107 
85,091 
Accruals
15,495 
19,311 
667,794 
745,981 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
379,630 
385,185 
A bank loan of £350,000 is secured on the assets of the company and is repayable on a rolling 12 month date which is more than 12 months from the accounting date.
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 14 (2023: 14).
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