SOUTH COL LTD.

Company Registration Number:
05972985 (England and Wales)

Unaudited micro entity accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

SOUTH COL LTD.

Contents of the Financial Statements

for the Period Ended 31 March 2025

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Footnotes to the Balance Sheet - 8

SOUTH COL LTD.

Company Information

for the Period Ended 31 March 2025




Director: Alex Flegmann
Secretary: Alex Flegmann
Registered office: 1
Clarion Close
Great Offley
Hitchin
Hertfordshire
SG5 3EN
Company Registration Number: 05972985 (England and Wales)

SOUTH COL LTD.

Directors' Report Period Ended 31 March 2025

The directors present their report with the financial statements of the company for the period ended 31 March 2025

Principal Activities

The principal activity of the company is writing and maintenance of computer software for the oil industry.

Political and charitable donations

No charitable or political donations were made during the year, and no shares were bought, sold or issued during the course of the year. The directors, secretary and employees welcome any contribution to charity and to the democratic process by individual employees and shareholders, including the making of charitable and political donations. However, we believe that limited companies should never make political donations, and that those companies that do are undermining the democratic process.

Company policy on the employment of disabled persons

The company will employ people with disabilities where ever this is practical to so, and is committed to equal access to employment opportunities for people with disabilities. In this context, disability means any physical or mental impairment which has a substantial and long term adverse effect on a person’s ability to carry out normal day to day activities and this includes visual impairments, hearing impairments, dyslexia, dyspraxia, dyscalculia, AD(H)D, medical conditions, mental health difficulties, autistic spectrum conditions, Chronic Fatigue Syndrome, M.E. and ‘unseen disabilities’ (e.g. asthma, epilepsy, heart conditions, diabetes).

Additional information

The company was the victim of fraud by Adobe Inc, who persuaded us to sign up to a free trial of a service and then refused to allow us to log on to their website to cancel the said service. Our bank refunded all except £16 of the money of which we had been defrauded. The director and secretary were not remunerated for acting as director or secretary. However, Alex Flegmann (company secretary and also director of the company) was also employed as principal software engineer. Details of this work and the remuneration he received for it are commercially confidential. Dividends Declared Based upon retained earnings and the current years' financial result the board of directors declared no dividend payment, ensuring sufficient funds being retained for next year. The company has not made any dividend payments since it was incorporated. The total number of £0.01 ordinary shares in existence at the end of the financial year was 100. Number of ordinary shares held by directors: Director Alex Flegmann 100 shares held at 31 March 2025 Financial Control The director acknowledges responsibility for the company’s system of internal financial control and believe the established systems including the computerisation of the company’s financial accounts are appropriate to the business. No material losses or contingencies have arisen during the 12 months trading period that would require disclosure by the director. Having formed an opinion at the time of approving these accounts it is the intention of the director to continue to support the company financially, the profits earned and retained within the company being sufficient to ensure the company has adequate resources to continue existing trading policies and the director has adopted a going concern basis in preparing the accounts. It is the view of the director that the company accounts presented represent a true and fair view of the state of affairs of the company and result for the 12 months to year end accounts date. Suitable accounting policies have been established and applied consistently and disclose with reasonable accuracy the financial position of the company.

Directors

The directors shown below have held office during the whole of the period from 01 April 2024 to 31 March 2025
Alex Flegmann

Secretary
Alex Flegmann

This report was approved by the board of directors on 19 August 2025
And Signed On Behalf Of The Board By:

Name: Alex Flegmann
Status: Director

SOUTH COL LTD.

Profit and Loss Account

for the Period Ended 31 March 2025


2025
£

2024
£
Turnover 15,772 76,715
Cost of Materials ( 5,034 ) ( 28,171 )
Staff Costs ( 21,959 ) ( 32,524 )
Depreciation and Writeoffs ( 133 ) ( 133 )
Other charges ( 377 ) ( 405 )
Tax on Profit ( 3,155 ) ( 0 )
Profit or (Loss) for Period ( 14,886 ) 15,482

SOUTH COL LTD.

Balance sheet

As at 31 March 2025


2025
£

2024
£
Fixed Assets: 133 266
Current assets: 2,981 11,407
Creditors: amounts falling due within one year: ( 4,257 )
Net current assets (liabilities): 2,981 7,150
Total assets less current liabilities: 3,114 7,416
Total net assets (liabilities): 3,114 7,416
Capital and reserves: 3,114 7,416

SOUTH COL LTD.

Balance sheet continued

For the year ending 31 March 2025 the company was entitled to exemption 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 of the small companies regime applicable to micro-entities.

This report was approved by the board of directors on 19 August 2025
And Signed On Behalf Of The Board By:

Name: Alex Flegmann
Status: Director

The notes form part of these financial statements

SOUTH COL LTD.

Footnotes to the Financial Statements

for the Period Ended 31 March 2025

  • 1. Employee Information

    Average number of employees: 1

SOUTH COL LTD.

Footnotes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Off balance sheet disclosure

    No