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REGISTERED NUMBER: 09223836 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JANUARY 2024 TO 30 SEPTEMBER 2024

FOR

S & O PROPERTY SERVICES SOUTH LTD

S & O PROPERTY SERVICES SOUTH LTD (REGISTERED NUMBER: 09223836)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JANUARY 2024 TO 30 SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


S & O PROPERTY SERVICES SOUTH LTD

COMPANY INFORMATION
FOR THE PERIOD 1 JANUARY 2024 TO 30 SEPTEMBER 2024







DIRECTOR: Mr D Pennery





REGISTERED OFFICE: Ground floor office Enterprise House
Isambard Brunel Road
Portsmouth
Hampshire
PO1 2RX





REGISTERED NUMBER: 09223836 (England and Wales)





ACCOUNTANTS: BK Plus Limited
Chartered Certified Accountants
Murrills House
48 East Street
Portchester
Fareham
Hampshire
PO16 9XS

S & O PROPERTY SERVICES SOUTH LTD (REGISTERED NUMBER: 09223836)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
as restated
Notes £    £   
CURRENT ASSETS
Debtors 4 - 24,813
Cash at bank 1 2,636
1 27,449
CREDITORS
Amounts falling due within one year 5 89,091 132,139
NET CURRENT LIABILITIES (89,090 ) (104,690 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(89,090

)

(104,690

)

CREDITORS
Amounts falling due after more than one
year

6

11,196

16,488
NET LIABILITIES (100,286 ) (121,178 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (100,386 ) (121,278 )
SHAREHOLDERS' FUNDS (100,286 ) (121,178 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 PROPERTY SERVICES SOUTH LTD (REGISTERED NUMBER: 09223836)

BALANCE SHEET - continued
30 SEPTEMBER 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 director and authorised for issue on 21 March 2025 and were signed by:





Mr D Pennery - Director


S & O PROPERTY SERVICES SOUTH LTD (REGISTERED NUMBER: 09223836)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JANUARY 2024 TO 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

S & O Property Services South 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The accounts have been prepared on a going concern basis, on the understanding that the director will continue to financially support the Company. He has undertaken to do this for at least twelve months from the date of signing the accounts. The company has ceased to trade and once creditors have been settled the company will be closed.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover represents construction services provided net of VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the period comprises current and deferred 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 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Change of year end
The company accounting period has been shortened as part of the company's strategic planning and to align with associated companies.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2023 - 3 ).

S & O PROPERTY SERVICES SOUTH LTD (REGISTERED NUMBER: 09223836)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JANUARY 2024 TO 30 SEPTEMBER 2024


4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Other debtors - 24,813

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Bank loans and overdrafts 27,500 7,727
Trade creditors - 33,060
Taxation and social security 60,551 89,603
Other creditors 1,040 1,749
89,091 132,139

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
as restated
£    £   
Bank loans 11,196 16,488

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the periods ended 30 September 2024 and 31 December 2023:

2024 2023
as restated
£    £   
Mr D Pennery
Balance outstanding at start of period - 334,749
Amounts advanced - 399,934
Amounts repaid - (734,683 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period - -

Directors loans are repayable on demand and interest is charged at HMRC rates.

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S & O Property Rentals Limited.

Ground Floor Office Enterprise House, Isambard Brunel Road, Portsmouth, Hampshire, United Kingdom, PO1 2RX