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REGISTERED NUMBER: 10696082 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Southern Cross Electrical Services Ltd

Southern Cross Electrical Services Ltd (Registered number: 10696082)

Contents of the Financial Statements
for the Year Ended 31 March 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Southern Cross Electrical Services Ltd

Company Information
for the Year Ended 31 March 2025







DIRECTOR: T J Fudge





REGISTERED OFFICE: The Old Dryer
Hinton Business Park
Tarrant Hinton
Blandford Forum
Dorset
DT11 8JF





REGISTERED NUMBER: 10696082 (England and Wales)





ACCOUNTANTS: KingsBere Accountants Limited
The Old Dryer
Hinton Business Park
Tarrant Hinton
Blandford Forum
Dorset
DT11 8JF

Southern Cross Electrical Services Ltd (Registered number: 10696082)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 2,000 3,000
Tangible assets 5 1,901 2,479
3,901 5,479

CURRENT ASSETS
Stocks 3,000 3,000
Debtors 6 26,714 22,194
Cash at bank 20,616 16,944
50,330 42,138
CREDITORS
Amounts falling due within one year 7 41,360 28,699
NET CURRENT ASSETS 8,970 13,439
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,871

18,918

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 12,771 18,818
SHAREHOLDERS' FUNDS 12,871 18,918

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

Southern Cross Electrical Services Ltd (Registered number: 10696082)

Balance Sheet - continued
31 March 2025


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 June 2025 and were signed by:





T J Fudge - Director


Southern Cross Electrical Services Ltd (Registered number: 10696082)

Notes to the Financial Statements
for the Year Ended 31 March 2025


1. STATUTORY INFORMATION

Southern Cross Electrical Services Ltd 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Tools and equipment - 15% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Southern Cross Electrical Services Ltd (Registered number: 10696082)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


2. ACCOUNTING POLICIES - continued

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 1 (2024 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 10,000
AMORTISATION
At 1 April 2024 7,000
Charge for year 1,000
At 31 March 2025 8,000
NET BOOK VALUE
At 31 March 2025 2,000
At 31 March 2024 3,000

Southern Cross Electrical Services Ltd (Registered number: 10696082)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


5. TANGIBLE FIXED ASSETS
Tools and Computer
equipment equipment Totals
£    £    £   
COST
At 1 April 2024
and 31 March 2025 5,185 1,571 6,756
DEPRECIATION
At 1 April 2024 2,949 1,328 4,277
Charge for year 335 243 578
At 31 March 2025 3,284 1,571 4,855
NET BOOK VALUE
At 31 March 2025 1,901 - 1,901
At 31 March 2024 2,236 243 2,479

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.3.25 31.3.24
£    £   
Trade debtors 850 270
Other debtors 25,864 21,924
26,714 22,194

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.3.25 31.3.24
£    £   
Taxation and social security 2,764 4,597
Other creditors 38,596 24,102
41,360 28,699

Southern Cross Electrical Services Ltd (Registered number: 10696082)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Retained
earnings
£   

At 1 April 2024 18,818
Profit for the year 10,453
Dividends (16,500 )
At 31 March 2025 12,771