REGISTERED NUMBER: 10278775 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

SOUTHERN SCREED LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

6

DIRECTORS:

G P Lodge

C P Lodge

REGISTERED OFFICE:

Station House

Station Approach

East Horsley

Surrey

KT24 6QX

REGISTERED NUMBER:

10278775 (England and Wales)

ACCOUNTANTS:

Russell & Co

Station House

Station Approach

East Horsley

Leatherhead

Surrey

KT24 6QX

FIXED ASSETS

Tangible assets

4

8,120

25,535

CURRENT ASSETS

Debtors

5

17,284

365

Cash at bank

2,059

2,376

19,343

2,741

CREDITORS

Amounts falling due within one year

6

366,854

391,472

NET CURRENT LIABILITIES

(347,511

)

(388,731

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(339,391

)

(363,196

)

CREDITORS

Amounts falling due after more than one year

7

13,333

23,333

NET LIABILITIES

(352,724

)

(386,529

)

CAPITAL AND RESERVES

Called up share capital

150

150

Retained earnings

(352,874

)

(386,679

)

SHAREHOLDERS' FUNDS

(352,724

)

(386,529

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

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 Board of Directors and authorised for issue on 25 September 2025 and were signed on its behalf by:

G P Lodge - Director

1.	STATUTORY INFORMATION

Southern Screed 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Equipment

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Equipment

fittings

Totals

£

£

£

COST

At 1 January 2024

116,564

5,907

122,471

Disposals

(42,815

)

-

(42,815

)

At 31 December 2024

73,749

5,907

79,656

DEPRECIATION

At 1 January 2024

91,654

5,282

96,936

Charge for year

4,638

234

4,872

Eliminated on disposal

(30,272

)

-

(30,272

)

At 31 December 2024

66,020

5,516

71,536

NET BOOK VALUE

At 31 December 2024

7,729

391

8,120

At 31 December 2023

24,910

625

25,535

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

12,000

-

Other debtors

5,284

365

17,284

365

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

1

-

Amounts owed to associates

347,443

378,727

Other creditors

19,410

12,745

366,854

391,472

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

13,333

23,333

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.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Russell & Co

Station House

Station Approach

East Horsley

Leatherhead

Surrey

KT24 6QX

Date: .............................................