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REGISTERED NUMBER: 04677568 (England and Wales)











Unaudited Financial Statements

for the Year Ended 28 February 2025

for

Southern ID Solutions Limited

Southern ID Solutions Limited (Registered number: 04677568)






Contents of the Financial Statements
for the Year Ended 28 February 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Southern ID Solutions Limited

Company Information
for the Year Ended 28 February 2025







DIRECTOR: R M Perry





SECRETARY: Mrs K J Perry





REGISTERED OFFICE: Unit 1B, Maven House
Rudford Industrial Estate
Ford Road
Arundel
West Sussex
BN18 OBD





REGISTERED NUMBER: 04677568 (England and Wales)





ACCOUNTANTS: Reeves Wilkinson Limited trading as Botting & Co
Chartered Certified Accountants
41b Beach Road
Littlehampton
West Sussex
BN17 5JA

Southern ID Solutions Limited (Registered number: 04677568)

Balance Sheet
28 February 2025

28.2.25 29.2.24
Notes £    £   
FIXED ASSETS
Tangible assets 4 14,216 11,538

CURRENT ASSETS
Debtors 5 119,316 185,217
Cash at bank and in hand 34,817 39,503
154,133 224,720
CREDITORS
Amounts falling due within one year 6 (118,708 ) (136,871 )
NET CURRENT ASSETS 35,425 87,849
TOTAL ASSETS LESS CURRENT
LIABILITIES

49,641

99,387

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 49,541 99,287
49,641 99,387

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

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 16 May 2025 and were signed by:





R M Perry - Director


Southern ID Solutions Limited (Registered number: 04677568)

Notes to the Financial Statements
for the Year Ended 28 February 2025

1. STATUTORY INFORMATION

Southern ID Solutions Limited 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Taxation
Taxation for the year 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 5 ) .

Southern ID Solutions Limited (Registered number: 04677568)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2024 30,330
Additions 7,055
At 28 February 2025 37,385
DEPRECIATION
At 1 March 2024 18,792
Charge for year 4,377
At 28 February 2025 23,169
NET BOOK VALUE
At 28 February 2025 14,216
At 29 February 2024 11,538

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Trade debtors 102,629 168,848
Other debtors 16,687 16,369
119,316 185,217

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Trade creditors 95,920 108,280
Taxation and social security 16,098 24,127
Other creditors 6,690 4,464
118,708 136,871

7. OTHER FINANCIAL COMMITMENTS

At the balance sheet date the company had total financial commitments of £29,000.

Southern ID Solutions Limited (Registered number: 04677568)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2025 and 29 February 2024:

28.2.25 29.2.24
£    £   
R M Perry
Balance outstanding at start of year 5,000 -
Amounts advanced - 5,000
Amounts repaid (5,000 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 5,000