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REGISTERED NUMBER: 11593134 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 March 2025

for

South Staffs Investments Limited

South Staffs Investments Limited (Registered number: 11593134)






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

Chartered Accountants' Report 7

South Staffs Investments Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: N C Whorton
Miss R E Brayshaw





SECRETARY: Miss R E Brayshaw





REGISTERED OFFICE: The Croft
Footherley Lane
Lichfield
Staffordshire
WS14 0HJ





REGISTERED NUMBER: 11593134 (England and Wales)





ACCOUNTANTS: Tomkinson Teal (Lichfield) LLP
Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD

South Staffs Investments Limited (Registered number: 11593134)

Balance Sheet
31 March 2025

2025 2024
Notes £    £   
FIXED ASSETS
Investment property 4 1,078,867 1,078,867

CURRENT ASSETS
Debtors 5 459,460 217,151
Cash at bank 9,117 3,772
468,577 220,923
CREDITORS
Amounts falling due within one year 6 (1,039,910 ) (1,059,637 )
NET CURRENT LIABILITIES (571,333 ) (838,714 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

507,534

240,153

CREDITORS
Amounts falling due after more than one
year

7

(236,362

)

(3,468

)
NET ASSETS 271,172 236,685

CAPITAL AND RESERVES
Called up share capital 120 120
Retained earnings 271,052 236,565
SHAREHOLDERS' FUNDS 271,172 236,685

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 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.

South Staffs Investments Limited (Registered number: 11593134)

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 Profit and loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 July 2025 and were signed on its behalf by:





N C Whorton - Director


South Staffs Investments Limited (Registered number: 11593134)

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

1. STATUTORY INFORMATION

South Staffs Investments 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents rental income receivable from Property investments.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

South Staffs Investments Limited (Registered number: 11593134)

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024
and 31 March 2025 1,078,867
NET BOOK VALUE
At 31 March 2025 1,078,867
At 31 March 2024 1,078,867

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 8,298 8,475
Amounts owed by group undertakings 393,007 140,958
Amounts owed by participating interests 58,155 56,455
Other debtors - 11,263
459,460 217,151

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 9,397 31,643
Trade creditors 8,127 25,027
Taxation and social security 11,140 13,995
Other creditors 1,011,246 988,972
1,039,910 1,059,637

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans 52,442 3,468
Other creditors 183,920 -
236,362 3,468

Amounts falling due in more than five years:

Repayable by instalments
Mortgage Oak Road 61,187 -
Mortgage Sankey 61,187 -
122,374 -

8. SECURED DEBTS

N C Whorton, B R Whorton, I W Whorton, S F Whorton-Eales and Newell Palmer Trustees Limited together with the Whorton SSAS hold a charge over Land at 31 Market Square, Rugeley, Staffordshire.

South Staffs Investments Limited (Registered number: 11593134)

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

9. RELATED PARTY DISCLOSURES

At 31 March 2025, South Staff Investments Limited owed the Director N C Whorton £754,651 (2024 - ).
£749,508.

At 31 March 2025, South Staffs Investments Limited owes £31,201 (2024 - £31,201) to Midland Associated Properties, a business owned by the Director N C Whorton.

At 31 March 2025 South Staffs Investments Limited is owed £140,958 (2024 - £140,958) from the subsidiary South Staffs Commercial Limited.

At 31 March 2025 South Staffs Investments Limited is owed £56,455 (2024 - £56,455) to the associated company South Staffs Properties Limited.

At 31 March 2025 South Staffs Investments Limited is owed £1,700 (2024 - £nil) to the associated company B. R. Whorton Transport

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
South Staffs Investments Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of South Staffs Investments Limited for the year ended 31 March 2025 which comprise the Profit and loss, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of South Staffs Investments Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of South Staffs Investments Limited and state those matters that we have agreed to state to the Board of Directors of South Staffs Investments Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than South Staffs Investments Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that South Staffs Investments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of South Staffs Investments Limited. You consider that South Staffs Investments Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of South Staffs Investments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Tomkinson Teal (Lichfield) LLP
Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD


21 July 2025