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Company Registration No. 09632665 (England and Wales)
Southland Investments Ltd Unaudited accounts for the year ended 31 December 2024
Southland Investments Ltd Unaudited accounts Contents
Page
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Southland Investments Ltd Company Information for the year ended 31 December 2024
Directors
Mendy Stern Moses Lorincz
Company Number
09632665 (England and Wales)
Registered Office
71 Durlston Road London E5 8RP United Kingdom
Accountants
1040 Tax Solutions Fairways House George Street Prestwich Manchester M25 9WS
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Southland Investments Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,100,000 
1,100,000 
Current assets
Debtors
298,320 
288,122 
Cash at bank and in hand
12,393 
8,563 
310,713 
296,685 
Creditors: amounts falling due within one year
(33,686)
(42,805)
Net current assets
277,027 
253,880 
Total assets less current liabilities
1,377,027 
1,353,880 
Creditors: amounts falling due after more than one year
(817,925)
(817,925)
Provisions for liabilities
Other provisions
(74,465)
(74,465)
Net assets
484,637 
461,490 
Capital and reserves
Called up share capital
1 
1 
Revaluation reserve
391,920 
391,920 
Profit and loss account
92,716 
69,569 
Shareholders' funds
484,637 
461,490 
For the year ending 31 December 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 1 July 2025 and were signed on its behalf by
Mendy Stern Director Company Registration No. 09632665
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Southland Investments Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Southland Investments Ltd is a private company, limited by shares, registered in England and Wales, registration number 09632665. The registered office is 71 Durlston Road, London, E5 8RP, United Kingdom.
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:
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 January 2024
1,100,000 
At 31 December 2024
1,100,000 
Depreciation
At 31 December 2024
- 
Net book value
At 31 December 2024
1,100,000 
At 31 December 2023
1,100,000 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
298,320 
288,122 
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Southland Investments Ltd Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
5,430 
9,036 
Other creditors
24,416 
30,499 
Accruals
3,840 
3,270 
33,686 
42,805 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
817,925 
817,925 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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