Acorah Software Products - Accounts Production 16.5.460 false true true 31 December 2023 1 January 2023 false 30 September 2025 1 January 2024 31 December 2024 31 December 2024 13173725 Mr N A Jackson Mr L J Blanchard Mrs C S Gordon Mr L Blanchard 24 Picton House, Hussar Court, Waterlooville Hampshire, PO7 7SQ true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13173725 2023-12-31 13173725 2024-12-31 13173725 2024-01-01 2024-12-31 13173725 frs-core:CurrentFinancialInstruments 2024-12-31 13173725 frs-core:Non-currentFinancialInstruments 2024-12-31 13173725 frs-core:BetweenOneFiveYears 2024-12-31 13173725 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 13173725 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 13173725 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 13173725 frs-core:MotorVehicles 2024-12-31 13173725 frs-core:MotorVehicles 2024-01-01 2024-12-31 13173725 frs-core:MotorVehicles 2023-12-31 13173725 frs-core:PlantMachinery 2024-12-31 13173725 frs-core:PlantMachinery 2024-01-01 2024-12-31 13173725 frs-core:PlantMachinery 2023-12-31 13173725 frs-core:WithinOneYear 2024-12-31 13173725 frs-core:ShareCapital 2024-12-31 13173725 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 13173725 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13173725 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 13173725 frs-bus:SmallEntities 2024-01-01 2024-12-31 13173725 frs-bus:Audited 2024-01-01 2024-12-31 13173725 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 13173725 1 2024-01-01 2024-12-31 13173725 frs-bus:Director1 2024-01-01 2024-12-31 13173725 frs-bus:Director2 2024-01-01 2024-12-31 13173725 frs-bus:Director3 2024-01-01 2024-12-31 13173725 frs-countries:EnglandWales 2024-01-01 2024-12-31 13173725 2022-12-31 13173725 2023-12-31 13173725 2023-01-01 2023-12-31 13173725 frs-core:CurrentFinancialInstruments 2023-12-31 13173725 frs-core:Non-currentFinancialInstruments 2023-12-31 13173725 frs-core:BetweenOneFiveYears 2023-12-31 13173725 frs-core:WithinOneYear 2023-12-31 13173725 frs-core:ShareCapital 2023-12-31 13173725 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 13173725
Southern Structures Limited
Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—5
Page 1
Balance Sheet
Registered number: 13173725
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 238,492 294,359
238,492 294,359
CURRENT ASSETS
Debtors 5 2,581,435 1,693,973
Cash at bank and in hand 1,303,724 2,857,896
3,885,159 4,551,869
Creditors: Amounts Falling Due Within One Year 6 (2,912,579 ) (3,821,204 )
NET CURRENT ASSETS (LIABILITIES) 972,580 730,665
TOTAL ASSETS LESS CURRENT LIABILITIES 1,211,072 1,025,024
Creditors: Amounts Falling Due After More Than One Year 7 (23,695 ) (170,694 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (59,623 ) (73,590 )
NET ASSETS 1,127,754 780,740
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 1,127,753 780,739
SHAREHOLDERS' FUNDS 1,127,754 780,740
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr L J Blanchard
Director
29 September 2025
The notes on pages 2 to 5 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Southern Structures Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13173725 . The registered office is 24 Picton House, Hussar Court, Waterlooville, Hampshire, PO7 7SQ.
The presentation currency of the financial statements is the Pound Sterling (£).
Accounts are rounded to the nearest pound.
The accounts represent the company as an individual entity.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Significant judgements and estimations
The preparation of financial statements requires the use of estimates and assumptions that affect reported amounts of assets and liabilities at the date of the financial statements, and revenues and expenses during the reporting period.  These estimates and assumptions are based on management's best knowledge of the amount, events or actions.  Actual results may differ from those amounts.
Management do not consider there to be any significant judgements or estimates used in the preparation of these financial statements.
2.4. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 25% on reducing balance
Plant & Machinery 25% on reducing balance
Motor Vehicles 20% on reducing balance
2.6. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
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Page 3
2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 26 (2023: 24)
26 24
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Total
£ £ £ £
Cost
As at 1 January 2024 - 366,163 34,757 400,920
Additions 18,019 - - 18,019
As at 31 December 2024 18,019 366,163 34,757 418,939
Depreciation
As at 1 January 2024 - 101,927 4,634 106,561
Provided during the period 1,802 66,059 6,025 73,886
As at 31 December 2024 1,802 167,986 10,659 180,447
Net Book Value
As at 31 December 2024 16,217 198,177 24,098 238,492
As at 1 January 2024 - 264,236 30,123 294,359
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,094,134 650,308
Amounts owed by group undertakings 577,424 237,725
Other debtors 909,877 805,940
2,581,435 1,693,973
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 86,613 123,423
Trade creditors 2,109,297 2,018,882
Bank loans and overdrafts 60,386 133,562
Other creditors 447,354 1,370,935
Taxation and social security 208,929 174,402
2,912,579 3,821,204
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 23,695 110,308
Bank loans - 60,386
23,695 170,694
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 86,613 123,423
Later than one year and not later than five years 23,695 110,308
110,308 233,731
110,308 233,731
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
10. Contingent Liabilities
The company has given cross guarantees over their assets relating to the borrowing of the parent company. The guarantee was put in place on 07 June 2024. The outstanding loan balance at 31 December 2024 can be found in the financial statements of the smallest group in which the company's results are consolidated is that of Southern Structures Holdings Limited whose registered office address is; 24 Picton House Hussar Court, Waterlooville, Hampshire, United Kingdom, PO7 7SQ, company number:13163563.
11. Pension Commitments
The company operates a defined contribution pension scheme for the employees. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of £1,734 (2023: £0) were due to the fund. They are included in Other Creditors.
12. Related Party Transactions
The company has taken advantage of exemption, under 33.1A of the Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland", not to disclose transactions with wholly owned subsidiaries within the group.
13. FRC's Ethical Standard - Provision Available for Small Entities
In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.
Page 4
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14. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Southern Structures Holdings Limited by virtue of their interest in the share capital of the company. Southern Structures Holdings Limited was incorporated in the United Kingdom. Copies of the group accounts may be obtained from 24 Picton House, Hussar Court, Waterlooville, Hampshire, England, PO7 7SQ. The ultimate controlling party is Mr Luke Jonathon Blanchard.
15. Audit Information
The auditor's report on the accounts of Southern Structures Limited for the year ended 31 December 2024 was unqualified.
The auditor's report was signed by Katie Wood FCA FCCA (Senior Statutory Auditor) for and on behalf of JWR Audit Limited , Statutory Auditor.
JWR Audit Limited
24 Picton House Hussar Court
Westside View
Waterlooville
PO7 7SQ
Page 5