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Company Registration No. 8114064 (England and Wales)
Southern Tax & Accounts Limited Unaudited accounts for the year ended 30 June 2024
Southern Tax & Accounts Limited Unaudited accounts Contents
Page
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Southern Tax & Accounts Limited Company Information for the year ended 30 June 2024
Director
Mark Whiteway
Secretary
Mark Whiteway
Company Number
8114064 (England and Wales)
Registered Office
38 Ravenscroft Storrington Nr Pulborough W Sussex RH20 4EH
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Southern Tax & Accounts Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
603 
1,072 
Current assets
Cash at bank and in hand
152,797 
145,899 
Creditors: amounts falling due within one year
(5,199)
(18,909)
Net current assets
147,598 
126,990 
Net assets
148,201 
128,062 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
148,200 
128,061 
Shareholders' funds
148,201 
128,062 
For the year ending 30 June 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 director acknowledges his 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 and authorised for issue on 20 March 2025 and were signed on its behalf by
Mark Whiteway Director Company Registration No. 8114064
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Southern Tax & Accounts Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Southern Tax & Accounts Limited is a private company, limited by shares, registered in England and Wales, registration number 8114064. The registered office is 38 Ravenscroft, Storrington, Nr Pulborough, W Sussex, RH20 4EH.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 July 2023
21,200 
At 30 June 2024
21,200 
Amortisation
At 1 July 2023
21,200 
At 30 June 2024
21,200 
Net book value
At 30 June 2024
- 
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Southern Tax & Accounts Limited Notes to the Accounts for the year ended 30 June 2024
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 July 2023
4,252 
At 30 June 2024
4,252 
Depreciation
At 1 July 2023
3,180 
Charge for the year
469 
At 30 June 2024
3,649 
Net book value
At 30 June 2024
603 
At 30 June 2023
1,072 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
5,139 
6,485 
Loans from directors
60 
12,424 
5,199 
18,909 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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