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REGISTERED NUMBER: 13127204 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Sos Systems Holdings Ltd

Sos Systems Holdings Ltd (Registered number: 13127204)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Sos Systems Holdings Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTORS: CJ Sills
AI Evans
J M Overton
G J Savage
G C Tomlinson





REGISTERED OFFICE: 5-6 Merlin Centre County Oak Way
Crawley
West Sussex
RH11 7XA





REGISTERED NUMBER: 13127204 (England and Wales)





ACCOUNTANTS: AJB Strategies Limited
C3 Speldhurst Business Park
Langton Road
Speldhurst
Tunbridge Wells
Kent
TN3 OAQ

Sos Systems Holdings Ltd (Registered number: 13127204)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 7,856,755 7,856,755

CURRENT ASSETS
Debtors 5 75,000 75,000

CREDITORS
Amounts falling due within one year 6 25,262 -
NET CURRENT ASSETS 49,738 75,000
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,906,493

7,931,755

CREDITORS
Amounts falling due after more than one
year

7

7,831,755

7,831,755
NET ASSETS 74,738 100,000

CAPITAL AND RESERVES
Called up share capital 100,000 100,000
Retained earnings (25,262 ) -
74,738 100,000

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

Sos Systems Holdings Ltd (Registered number: 13127204)

Balance Sheet - continued
31 December 2023


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 December 2024 and were signed on its behalf by:




AI Evans - Director



CJ Sills - Director


Sos Systems Holdings Ltd (Registered number: 13127204)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Sos Systems Holdings Ltd 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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. FIXED ASSET INVESTMENTS

On 2nd March 2021, the company acquired the whole of the share capital of SOS Systems Limited for £7,856,755.

5. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Other debtors 75,000 75,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other creditors 25,262 -

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Other creditors 7,831,755 7,831,755

Included in other creditors is the sum of £2,700,000 (2022 £2,625,000 )which is due to the company's subsidiary company, SOS Systems Limited.

8. LOANS

An analysis of the maturity of loans is given below:

31.12.23 31.12.22
£    £   
Amounts falling due between two and five years:
Other loans - 2-5 years 5,131,755 5,206,755

Sos Systems Holdings Ltd (Registered number: 13127204)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

8. LOANS - continued

Included in loans are £3,350,000 ( 2022 £3,425,000) Fixed Rate Unsecured Loan Notes 2026 and £1,781,755 Preference Shares ( 2022 £1,781,755).

The Preference Shares are deemed to be debt based on the terms of issue.