S S Holdings Limited 05603972 false 2023-12-01 2024-11-30 2024-11-30 The principal activity of the company is that of a holding company Digita Accounts Production Advanced 6.30.9574.0 true false true 05603972 2023-12-01 2024-11-30 05603972 2024-11-30 05603972 core:CurrentFinancialInstruments 2024-11-30 05603972 core:CurrentFinancialInstruments core:WithinOneYear 2024-11-30 05603972 bus:SmallEntities 2023-12-01 2024-11-30 05603972 bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 05603972 bus:FilletedAccounts 2023-12-01 2024-11-30 05603972 bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 05603972 bus:RegisteredOffice 2023-12-01 2024-11-30 05603972 bus:CompanySecretaryDirector1 2023-12-01 2024-11-30 05603972 bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 05603972 core:OtherRelatedParties 2023-12-01 2024-11-30 05603972 core:Subsidiary1 2023-12-01 2024-11-30 05603972 core:Subsidiary1 countries:AllCountries 2023-12-01 2024-11-30 05603972 countries:EnglandWales 2023-12-01 2024-11-30 05603972 2023-11-30 05603972 core:CostValuation 2023-11-30 05603972 2022-12-01 2023-11-30 05603972 2023-11-30 05603972 core:CurrentFinancialInstruments 2023-11-30 05603972 core:CurrentFinancialInstruments core:WithinOneYear 2023-11-30 05603972 core:Subsidiary1 2022-12-01 2023-11-30 iso4217:GBP xbrli:pure

Registration number: 05603972

Prepared for the registrar

S S Holdings Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 November 2024

 

S S Holdings Limited

(Registration number: 05603972)
Balance Sheet as at 30 November 2024

Note

2024
£

2023
£

Fixed assets

 

Investment property

4

221,582

221,582

Investments

5

100

100

 

221,682

221,682

Current assets

 

Debtors

6

80,279

69,848

Cash at bank and in hand

 

238,247

191,555

 

318,526

261,403

Creditors: Amounts falling due within one year

7

(1,356)

(17,482)

Net current assets

 

317,170

243,921

Net assets

 

538,852

465,603

Capital and reserves

 

Called up share capital

200

200

Retained earnings

538,652

465,403

Shareholders' funds

 

538,852

465,603

For the financial year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 4 August 2025 and signed on its behalf by:
 


M Priest
Company secretary and director

 

S S Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024

 

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Oil Croft Orchard
Main Road
Bredon
Tewkesbury
Gloucestershire
GL20 7LX

 

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except for, where disclosed in these accounting policies, certain items that are shown at fair value.

The presentational currency of the financial statements is Pounds Sterling, being the functional currency of the primary economic environment in which the company operates. Monetary amounts in these financial statements are rounded to the nearest Pound.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for rent in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for the company's activities.

Tax

The tax expense for the period comprises current corporation tax. Tax is recognised in the profit and loss account, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate. Changes in fair value are recognised in profit or loss.

Investments

Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

S S Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Financial instruments


Classification
Financial instruments are classified and accounted for according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability on the balance sheet. The corresponding dividends relating to the liability component are charged as interest expenses in the profit and loss account.

 Recognition and measurement
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

 Impairment
Assets, other than those measured at fair value, are assessed for indicators of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss.

 

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2023 - 3).

 

4

Investment properties

2024
£

At 1 December 2023 and at 30 November 2024

221,582

At 30 November 2024, the investment property was valued by the directors on an open market basis.

There has been no valuation of investment property by an independent valuer.

 

S S Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024

 

5

Investments

2024
£

2023
£

Investments in subsidiaries

100

100

Subsidiaries

£

Cost and carrying amount

At 1 December 2023 and at 30 November 2024

100

Details of undertakings

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking

Registered office

Holding

Proportion of voting rights and shares held

     

2024

2023

Subsidiary undertakings

Stanway Screens Limited

Oilcroft Orchard, Bredon,
GL20 7LX

Ordinary

100%

100%

 

England and Wales

     

The aggregate amount of capital and reserves of Stanway Screens Limited at the end of the period was £2,453,354.

Subsidiary undertakings

Stanway Screens Limited

The principal activity of Stanway Screens Limited is manufacturing.

 

6

Debtors

Note

2024
£

2023
£

Receivables from related parties

8

80,179

69,748

Other debtors

 

100

100

 

80,279

69,848

 

7

Creditors

Note

2024
£

2023
£

Due within one year

 

Amounts due to related parties

8

1,356

1,356

Taxation and social security

 

-

16,126

 

1,356

17,482

 

S S Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024

 

8

Related party transactions

Summary of transactions with other related parties

At 30 November 2024, the company was owed £80,179 (2023: £69,748) by Stanway Screens Limited, its wholly owned subsidiary. No interest was charged on these balances, and there are no fixed repayment terms.

At 30 November 2024, the company owed £1,356 (2023: £1,356) to Stanway Real Estate Limited, a company under common control. No interest was charged on these balances, and there are no fixed repayment terms.