IRIS Accounts Production v25.1.0.734 05840765 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh058407652022-12-31058407652023-12-31058407652023-01-012023-12-31058407652021-11-30058407652021-12-012022-12-31058407652022-12-3105840765ns14:PoundSterling2023-01-012023-12-3105840765ns10:Director12023-01-012023-12-3105840765ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3105840765ns10:SmallEntities2023-01-012023-12-3105840765ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3105840765ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3105840765ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3105840765ns10:FullAccounts2023-01-012023-12-310584076512023-01-012023-12-3105840765ns10:Director22023-01-012023-12-3105840765ns10:Director32023-01-012023-12-3105840765ns10:RegisteredOffice2023-01-012023-12-3105840765ns5:CurrentFinancialInstruments2023-12-3105840765ns5:CurrentFinancialInstruments2022-12-3105840765ns5:Non-currentFinancialInstruments2023-12-3105840765ns5:Non-currentFinancialInstruments2022-12-3105840765ns5:ShareCapital2023-12-3105840765ns5:ShareCapital2022-12-3105840765ns5:RetainedEarningsAccumulatedLosses2023-12-3105840765ns5:RetainedEarningsAccumulatedLosses2022-12-3105840765ns5:NetGoodwill2022-12-3105840765ns5:ComputerSoftware2022-12-3105840765ns5:NetGoodwill2023-01-012023-12-3105840765ns5:ComputerSoftware2023-01-012023-12-3105840765ns5:NetGoodwill2023-12-3105840765ns5:ComputerSoftware2023-12-3105840765ns5:NetGoodwill2022-12-3105840765ns5:ComputerSoftware2022-12-3105840765ns5:LongLeaseholdAssetsns5:LandBuildings2022-12-3105840765ns5:PlantMachinery2022-12-3105840765ns5:FurnitureFittings2022-12-3105840765ns5:ComputerEquipment2022-12-3105840765ns5:LongLeaseholdAssetsns5:LandBuildings2023-01-012023-12-3105840765ns5:PlantMachinery2023-01-012023-12-3105840765ns5:FurnitureFittings2023-01-012023-12-3105840765ns5:ComputerEquipment2023-01-012023-12-3105840765ns5:LongLeaseholdAssetsns5:LandBuildings2023-12-3105840765ns5:PlantMachinery2023-12-3105840765ns5:FurnitureFittings2023-12-3105840765ns5:ComputerEquipment2023-12-3105840765ns5:LongLeaseholdAssetsns5:LandBuildings2022-12-3105840765ns5:PlantMachinery2022-12-3105840765ns5:FurnitureFittings2022-12-3105840765ns5:ComputerEquipment2022-12-3105840765ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3105840765ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-31
REGISTERED NUMBER: 05840765










SSS Management Services Limited

Unaudited Financial Statements

for the Year Ended 31 December 2023






SSS Management Services Limited (Registered number: 05840765)






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


SSS Management Services Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Stacey Louise Anderson
Michael Gerard Braddock
Julie Town





REGISTERED OFFICE: Sherwood House
119 Lees Road
Oldham
OL4 1JW





REGISTERED NUMBER: 05840765






SSS Management Services Limited (Registered number: 05840765)

Balance Sheet
31 December 2023

2023 2022
Notes £    £   
FIXED ASSETS
Intangible assets 5 1,274,360 1,272,562
Tangible assets 6 81,565 97,310
1,355,925 1,369,872

CURRENT ASSETS
Debtors 7 2,089,243 1,460,213
Cash at bank and in hand 82,338 383,011
2,171,581 1,843,224
CREDITORS
Amounts falling due within one year 8 (2,150,001 ) (1,818,722 )
NET CURRENT ASSETS 21,580 24,502
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,377,505

1,394,374

CREDITORS
Amounts falling due after more than one year 9 (1,523,542 ) (1,295,584 )
NET (LIABILITIES)/ASSETS (146,037 ) 98,790

CAPITAL AND RESERVES
Called up share capital 100,000 100,000
Retained earnings (246,037 ) (1,210 )
SHAREHOLDERS' FUNDS (146,037 ) 98,790

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.

SSS Management Services Limited (Registered number: 05840765)

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 March 2025 and were signed on its behalf by:





Michael Gerard Braddock - Director


SSS Management Services Limited (Registered number: 05840765)

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

1. GENERAL INFORMATION

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
Sherwood House
119 Lees Road
Oldham
England
OL4 1JW

These financial statements were authorised for issue by the director on 28 September 2023..

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

3. ACCOUNTING POLICIES

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND KEY ACCOUNTING ESTIMATES
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

BASIS OF PREPARATION
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

REVENUE RECOGNITION
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

TANGIBLE ASSETS
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

INVESTMENTS
Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.


SSS Management Services Limited (Registered number: 05840765)

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






CASH AND CASH EQUIVALENTS
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

TRADE DEBTORS
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

TRADE CREDITORS
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

SHARE CAPITAL
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 41 (2022 - 40 ) .

SSS Management Services Limited (Registered number: 05840765)

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

5. INTANGIBLE FIXED ASSETS
Computer
Goodwill Software Totals
£    £    £   
COST
At 1 January 2023 1,203,886 611,304 1,815,190
Additions - 41,067 41,067
Disposals - (53,270 ) (53,270 )
At 31 December 2023 1,203,886 599,101 1,802,987
AMORTISATION
At 1 January 2023 - 542,628 542,628
Amortisation for year - 20,157 20,157
Eliminated on disposal - (34,158 ) (34,158 )
At 31 December 2023 - 528,627 528,627
NET BOOK VALUE
At 31 December 2023 1,203,886 70,474 1,274,360
At 31 December 2022 1,203,886 68,676 1,272,562

6. TANGIBLE FIXED ASSETS
Plant and Office Computer
Leasehold machinery Furniture Hardware Totals
£    £    £    £    £   
COST
At 1 January 2023 381,648 51,373 19,869 177,834 630,724
Additions 3,005 - 1,546 9,630 14,181
Disposals - - (785 ) - (785 )
At 31 December 2023 384,653 51,373 20,630 187,464 644,120
DEPRECIATION
At 1 January 2023 351,959 37,394 19,869 124,192 533,414
Charge for year 6,160 7,210 82 16,474 29,926
Eliminated on disposal - - (785 ) - (785 )
At 31 December 2023 358,119 44,604 19,166 140,666 562,555
NET BOOK VALUE
At 31 December 2023 26,534 6,769 1,464 46,798 81,565
At 31 December 2022 29,689 13,979 - 53,642 97,310

SSS Management Services Limited (Registered number: 05840765)

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

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 1,551,987 1,163,381
Other debtors 537,256 296,832
2,089,243 1,460,213

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 1,984,275 1,611,788
Taxation and social security 42,478 105,996
Other creditors 123,248 100,938
2,150,001 1,818,722

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other creditors 1,523,542 1,295,584