Company Registration No. 05511881 (England and Wales)
Southern Vision Technology Ltd
Unaudited accounts
for the year ended 31 August 2024
Southern Vision Technology Ltd
Unaudited accounts
Contents
Southern Vision Technology Ltd
Company Information
for the year ended 31 August 2024
Directors
C Hills
E Francis
Company Number
05511881 (England and Wales)
Registered Office
242 Bull Lane
Eccles
Aylesford
Kent
ME20 7HF
Accountants
AK Tax & Accountancy Ltd
Suite 1 Christchurch House
Sir Thomas Longley Road
Rochester
Kent
ME24FX
Southern Vision Technology Ltd
Statement of financial position
as at 31 August 2024
Tangible assets
1,430
1,906
Cash at bank and in hand
164,008
101,814
Creditors: amounts falling due within one year
(132,902)
(203,742)
Net current assets
95,197
83,958
Called up share capital
100
100
Profit and loss account
96,527
85,764
Shareholders' funds
96,627
85,864
For the year ending 31 August 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 19 May 2025 and were signed on its behalf by
C Hills
Director
Company Registration No. 05511881
Southern Vision Technology Ltd
Notes to the Accounts
for the year ended 31 August 2024
Southern Vision Technology Ltd is a private company, limited by shares, registered in England and Wales, registration number 05511881. The registered office is 242 Bull Lane, Eccles, Aylesford, Kent, ME20 7HF.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance basis
Motor vehicles
25% reducing balance basis
Fixtures & fittings
25% reducing balance basis
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2023
12,160
4,266
2,626
19,052
At 31 August 2024
12,160
4,266
2,626
19,052
At 1 September 2023
11,091
4,215
1,840
17,146
Charge for the year
267
13
196
476
At 31 August 2024
11,358
4,228
2,036
17,622
At 31 August 2024
802
38
590
1,430
At 31 August 2023
1,069
51
786
1,906
Southern Vision Technology Ltd
Notes to the Accounts
for the year ended 31 August 2024
Amounts falling due within one year
Trade debtors
63,889
185,856
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
15,740
47,878
Taxes and social security
61,005
77,668
Other creditors
6,182
2,852
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Average number of employees
During the year the average number of employees was 4 (2023: 4).