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Company Registration No. 6615418 (England and Wales)
Southern Counties Services Ltd Unaudited accounts for the year ended 30 June 2024
Southern Counties Services Ltd Unaudited accounts Contents
Page
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Southern Counties Services Ltd Company Information for the year ended 30 June 2024
Directors
S Grimsteed
Company Number
6615418 (England and Wales)
Registered Office
76 The Street Fetcham Leatherhead Surrey KT22 9RF
Accountants
S Collins-Dryer 337 Holdenhurst Road Bournemouth BH8 8BT
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Southern Counties Services Ltd Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
48,650 
20,966 
Investments
1,000 
1,000 
49,650 
21,966 
Current assets
Inventories
74,300 
69,500 
Debtors
353,157 
501,217 
Cash at bank and in hand
1,137,495 
637,448 
1,564,952 
1,208,165 
Creditors: amounts falling due within one year
(296,144)
(159,494)
Net current assets
1,268,808 
1,048,671 
Total assets less current liabilities
1,318,458 
1,070,637 
Provisions for liabilities
Deferred tax
(8,250)
(4,000)
Net assets
1,310,208 
1,066,637 
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
1,310,008 
1,066,437 
Shareholders' funds
1,310,208 
1,066,637 
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 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 25 March 2025 and were signed on its behalf by
S Grimsteed Director Company Registration No. 6615418
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Southern Counties Services Ltd Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Southern Counties Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 6615418. The registered office is 76 The Street, Fetcham, Leatherhead, Surrey, KT22 9RF.
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.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets
Tangible fixed assets are stated at cost less depreciation.Depreciation has been provided at the following rates in order to write off the assets less their estimated residual value over their estimated useful lives:
Land & buildings
Nil
Plant & machinery
25% on reducing balance basis
Motor vehicles
25% on reducing balance basis
Fixtures & fittings
25% on reducing balance basis
Computer equipment
25% on reducing balance basis
Investments
Investments in shares are included at fair value.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes direct costs only.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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Southern Counties Services Ltd Notes to the Accounts for the year ended 30 June 2024
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 July 2023
12,983 
12,995 
6,546 
35,409 
67,933 
Additions
- 
34,095 
- 
9,805 
43,900 
At 30 June 2024
12,983 
47,090 
6,546 
45,214 
111,833 
Depreciation
At 1 July 2023
9,890 
7,046 
3,849 
26,182 
46,967 
Charge for the year
773 
10,011 
674 
4,758 
16,216 
At 30 June 2024
10,663 
17,057 
4,523 
30,940 
63,183 
Net book value
At 30 June 2024
2,320 
30,033 
2,023 
14,274 
48,650 
At 30 June 2023
3,093 
5,949 
2,697 
9,227 
20,966 
5
Investments
Other investments 
£ 
Valuation at 1 July 2023
1,000 
Valuation at 30 June 2024
1,000 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
9,493 
5,591 
Trade debtors
339,945 
491,092 
Amounts due from group undertakings etc.
- 
2,521 
Accrued income and prepayments
1,224 
423 
Other debtors
2,495 
1,590 
353,157 
501,217 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
93,090 
32,811 
Amounts owed to group undertakings and other participating interests
37,056 
- 
Taxes and social security
113,780 
85,259 
Other creditors
882 
1,101 
Loans from directors
13,676 
6,420 
Accruals
37,660 
33,903 
296,144 
159,494 
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Southern Counties Services Ltd Notes to the Accounts for the year ended 30 June 2024
8
Deferred taxation
2024 
2023 
£ 
£ 
Accelerated capital allowances
8,250 
4,000 
2024 
2023 
£ 
£ 
Provision at start of year
4,000 
4,400 
Charged/(credited) to the profit and loss account
4,250 
(400)
Provision at end of year
8,250 
4,000 
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
200 Ordinary shares of £1 each
200 
200 
10
Transactions with related parties
Overhead expenses were shared between the company and Southern Counties Services (Mechanical ) Limited, a company in which the the company owned 50% of the issued share capital. The company owes £37,056 at 30 June 2024 by the Southern Counties Services (Mechanical) Limited This amount is interest free and repayable on demand. The director was owed £ 13,676 by the company at 30 June 2023 This amount is interest free and repayable on demand.
11
Average number of employees
During the year the average number of employees was 8 (2023: 8).
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