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REGISTERED NUMBER: 01550821 (England and Wales)















S.O.S. OFFICE SUPPLIES LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






S.O.S. OFFICE SUPPLIES LIMITED (REGISTERED NUMBER: 01550821)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


S.O.S. OFFICE SUPPLIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: K J Cobb
Mrs A M Cobb
A V Cobb





SECRETARY: K J Cobb





REGISTERED OFFICE: King Arthur's Court
Maidstone Road
Charing
Ashford
Kent
TN27 0JS





REGISTERED NUMBER: 01550821 (England and Wales)





ACCOUNTANTS: Spurling Cannon
King Arthur’s Court
Maidstone Road
Charing
Kent
TN27 0JS

S.O.S. OFFICE SUPPLIES LIMITED (REGISTERED NUMBER: 01550821)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,814 13,263
Investments 5 2,408 2,408
12,222 15,671

CURRENT ASSETS
Stocks 6 17,164 19,130
Debtors 7 109,114 98,567
Cash at bank and in hand 1,553 6,615
127,831 124,312
CREDITORS
Amounts falling due within one year 8 65,010 58,561
NET CURRENT ASSETS 62,821 65,751
TOTAL ASSETS LESS CURRENT
LIABILITIES

75,043

81,422

CREDITORS
Amounts falling due after more than one year 9 - 1,644
NET ASSETS 75,043 79,778

CAPITAL AND RESERVES
Called up share capital 75,009 75,009
Retained earnings 34 4,769
75,043 79,778

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

S.O.S. OFFICE SUPPLIES LIMITED (REGISTERED NUMBER: 01550821)

BALANCE SHEET - continued
31 MARCH 2024


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

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 29 May 2024 and were signed on its behalf by:




K J Cobb - Director



A V Cobb - Director


S.O.S. OFFICE SUPPLIES LIMITED (REGISTERED NUMBER: 01550821)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

S.O.S. Office Supplies 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Stocks
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 tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

S.O.S. OFFICE SUPPLIES LIMITED (REGISTERED NUMBER: 01550821)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. TANGIBLE FIXED ASSETS
Plant and Fixture & Motor
machinery Fittings vehicles Totals
£    £    £    £   
COST
At 1 April 2023 83,813 121,068 15,150 220,031
Disposals (238 ) - - (238 )
At 31 March 2024 83,575 121,068 15,150 219,793
DEPRECIATION
At 1 April 2023 83,430 114,579 8,759 206,768
Charge for year 52 1,622 1,597 3,271
Eliminated on disposal (60 ) - - (60 )
At 31 March 2024 83,422 116,201 10,356 209,979
NET BOOK VALUE
At 31 March 2024 153 4,867 4,794 9,814
At 31 March 2023 383 6,489 6,391 13,263

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2023
and 31 March 2024 2,408
NET BOOK VALUE
At 31 March 2024 2,408
At 31 March 2023 2,408

6. STOCKS
2024 2023
£    £   
Stocks 17,164 19,130

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 65,455 59,509
Sundry debtors 28,558 28,307
Directors' current accounts 15,101 10,751
109,114 98,567

S.O.S. OFFICE SUPPLIES LIMITED (REGISTERED NUMBER: 01550821)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 7 7
Hire purchase contracts 1,644 3,787
Trade creditors 36,964 31,888
Corporation Tax 5,208 6,755
Social security and other taxes 5,330 4,245
VAT 13,052 9,074
Sundry creditors 730 730
Accruals and deferred income 2,075 2,075
65,010 58,561

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts - 1,644