SOUTHERN ROPES UK LTD

Company Registration Number:
05847975 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

SOUTHERN ROPES UK LTD

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

SOUTHERN ROPES UK LTD

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Fixed assets
Tangible assets: 3 178,541 144,875
Total fixed assets: 178,541 144,875
Current assets
Stocks: 1,460,275 1,131,072
Debtors:   497,104 627,359
Cash at bank and in hand: 1,970,417 1,525,276
Total current assets: 3,927,796 3,283,707
Creditors: amounts falling due within one year: 4 (1,910,381) (1,692,114)
Net current assets (liabilities): 2,017,415 1,591,593
Total assets less current liabilities: 2,195,956 1,736,468
Total net assets (liabilities): 2,195,956 1,736,468
Capital and reserves
Called up share capital: 2,000 2,000
Profit and loss account: 2,193,956 1,734,468
Shareholders funds: 2,195,956 1,736,468

The notes form part of these financial statements

SOUTHERN ROPES UK LTD

Balance sheet statements

For the year ending 31 December 2024 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 September 2025
and signed on behalf of the board by:

Name: M Vulliamy
Status: Director

The notes form part of these financial statements

SOUTHERN ROPES UK LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows: Sale of goods Turnover from the sale of goods is recognised at the point of sale Rendering of services When providing day services, turnover is usually recognised on completion of the service and, for monthly engagements, it is recognised by reference to the stage of completion at the balance sheet date.

Tangible fixed assets and depreciation policy

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management. Depreciation is provided on all tangible fixed assets at rates to write off the cost, less estimated residual value, of each assets on a systematic basis over their expected useful lives as follows: Plant and machinery 20% per annum reducing balance basis Vehicles 25% per annum reducing balance basis

SOUTHERN ROPES UK LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 7 7

SOUTHERN ROPES UK LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 225,063
Additions 36,300
At 31 December 2024 261,363
Depreciation
At 01 January 2024 80,188
Charge for year 2,634
At 31 December 2024 82,822
Net book value
At 31 December 2024 178,541
At 31 December 2023 144,875

SOUTHERN ROPES UK LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Creditors: amounts falling due within one year note

Trade creditors £250,794 Corporation tax £131,082 Other creditors £1,528,505 Included within other creditors is an amount of £95,295 (2023 - £23,736) relating to social security and other taxes.