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Company Registration No. 06661727 (England and Wales)
Southern Trailers Limited Unaudited accounts for the year ended 31 August 2024
Southern Trailers Limited Unaudited accounts Contents
Page
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Southern Trailers Limited Company Information for the year ended 31 August 2024
Directors
Mark Underdown Deborah Underdown
Company Number
06661727 (England and Wales)
Registered Office
2-3 Stable Court Herriard Park Herriard Hampshire RG25 2PL
Accountants
Black & White Chartered Certified Accountants 2-3 Stable Court Herriard Park Herriard Hampshire RG25 2PL
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Southern Trailers Limited Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
15,533 
20,711 
Current assets
Inventories
2,389 
2,389 
Debtors
25,995 
36,137 
Cash at bank and in hand
11,395 
1,582 
39,779 
40,108 
Creditors: amounts falling due within one year
(29,617)
(34,194)
Net current assets
10,162 
5,914 
Total assets less current liabilities
25,695 
26,625 
Provisions for liabilities
Deferred tax
(3,935)
(3,935)
Net assets
21,760 
22,690 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
21,660 
22,590 
Shareholders' funds
21,760 
22,690 
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 28 May 2025 and were signed on its behalf by
Deborah Underdown Director Company Registration No. 06661727
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Southern Trailers Limited Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Southern Trailers Limited is a private company, limited by shares, registered in England and Wales, registration number 06661727. The registered office is 2-3 Stable Court, Herriard Park, Herriard, Hampshire, RG25 2PL.
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.
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
Motor vehicles
25% Reducing Balance
Computer equipment
33% Reducing Balance
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.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 September 2023
28,000 
At 31 August 2024
28,000 
Amortisation
At 1 September 2023
28,000 
At 31 August 2024
28,000 
Net book value
At 31 August 2024
- 
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Southern Trailers Limited Notes to the Accounts for the year ended 31 August 2024
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 September 2023
95,255 
63,138 
3,483 
161,876 
At 31 August 2024
95,255 
63,138 
3,483 
161,876 
Depreciation
At 1 September 2023
90,520 
47,162 
3,483 
141,165 
Charge for the year
1,184 
3,994 
- 
5,178 
At 31 August 2024
91,704 
51,156 
3,483 
146,343 
Net book value
At 31 August 2024
3,551 
11,982 
- 
15,533 
At 31 August 2023
4,735 
15,976 
- 
20,711 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
25,745 
35,887 
Amounts falling due after more than one year
Other debtors
250 
250 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
1,150 
2,112 
VAT
11,961 
12,130 
Trade creditors
2,167 
2,381 
Taxes and social security
13,289 
16,092 
Loans from directors
- 
1 
Accruals
1,050 
1,478 
29,617 
34,194 
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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