10590624false Retail sale in non-specialised stores with food, beverages or tobacco predominating2024-01-012024-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-12-31http://www.companieshouse.gov.uk/cd:Director12024-01-012024-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-12-31http://www.companieshouse.gov.uk/cd:Director22024-01-012024-12-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-12-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-12-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-01-012024-12-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-12-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-01-012024-12-31http://www.companieshouse.gov.uk/pt:NetGoodwill2023-12-31http://www.companieshouse.gov.uk/pt:NetGoodwill2024-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-01-012024-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-12-31http://www.companieshouse.gov.uk/pt:NetGoodwill2024-01-012024-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-12-31http://www.companieshouse.gov.uk/2024-01-012024-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/cd:FRS1022024-01-012024-12-31http://www.companieshouse.gov.uk/2024-12-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-01-012024-12-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-01-012024-12-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 10590624
SS Business Ltd
ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
Prepared By:
KT & Co
Chartered Certified Accountant
954 Eastern Avenue
Ilford
Essex
IG2 7JD
SS Business Ltd
Registered number: 10590624
SS Business Ltd
ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
SS Business Ltd
ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
DIRECTORS
Sivabalasingham Sivaharan
Sivabalasingham Subaharan
REGISTERED OFFICE
Spar
Oakland Avenue
Droitwich
WR9 7BT
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 10590624
ACCOUNTANTS
KT & Co
Chartered Certified Accountant
954 Eastern Avenue
Ilford
Essex
IG2 7JD
SS Business Ltd
ACCOUNTS
FOR THEYEARENDED31/12/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet4
Notes To The Accounts6
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
SS Business Ltd
BALANCE SHEET AT 31/12/2024
20242023
Notes££
FIXED ASSETS
Intangible assets3140,061140,061
Tangible assets47262
140,787140,063
CURRENT ASSETS
Stock40,28048,890
Debtors671,2861
Cash at bank and in hand90,23492,117
201,800141,008
CREDITORS: Amounts falling due within one year7156,242126,899
NET CURRENT ASSETS45,55814,109
TOTAL ASSETS LESS CURRENT LIABILITIES186,345154,172
CREDITORS: Amounts falling due after more than one year8106,14080,640
NET ASSETS80,20573,532
CAPITAL AND RESERVES
Called up share capital911
Profit and loss account80,20473,531
SHAREHOLDERS' FUNDS80,20573,532
SS Business Ltd
BALANCE SHEET AT 31/12/2024
For the year ending 31/12/2024 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 10/09/2025 and signed on their behalf by
.............................
Sivabalasingham Sivaharan
Director
.............................
Sivabalasingham Subaharan
Director
SS Business Ltd
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures and Fittingsreducing balance 15%
Equipmentreducing balance 20%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.
2. EMPLOYEES
20242023
No.No.
Average number of employees1414
SS Business Ltd
3. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 01/01/2024146,696146,696
At 31/12/2024146,696146,696
Depreciation
At 01/01/20246,6356,635
At 31/12/20246,6356,635
Net Book Amounts
At 31/12/2024140,061140,061
At 31/12/2023140,061140,061
4. TANGIBLE FIXED ASSETS
Fixtures
and FittingsEquipmentTotal
£££
Cost
At 01/01/202433,8196,82240,641
Additions-906906
At 31/12/202433,8197,72841,547
Depreciation
At 01/01/202433,8196,82140,640
For the year-181181
At 31/12/202433,8197,00240,821
Net Book Amounts
At 31/12/2024-726726
At 31/12/2023-11
5. STOCK 20242023
££
Stock comprises:
Stock40,28048,890
40,28048,890
SS Business Ltd
6. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors-1
Amounts due from group companies71,286-
71,2861
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax10,8648,779
VAT4,4973,481
PAYE control1,9122,195
Salaries and wages control8,9107,088
Directors current account89,10767,946
Trade creditors37,11234,774
Other creditors3,1342,016
Pension schemes86-
Accruals620620
156,242126,899
8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Loans >1yr19,16729,167
Other creditors > 1yr86,97351,473
106,14080,640
9. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
100 Class 1 shares of £.01 each11
11