Silverfin false false 31/12/2024 28/10/2023 31/12/2024 J H Fisher 20/11/2023 S A O'Sullivan 20/11/2023 M W Smith 28/10/2023 28 October 2025 The principal activity of the company during the period was construction installation. 15243917 2024-12-31 15243917 bus:Director1 2024-12-31 15243917 bus:Director2 2024-12-31 15243917 bus:Director3 2024-12-31 15243917 core:CurrentFinancialInstruments 2024-12-31 15243917 core:ShareCapital 2024-12-31 15243917 core:RetainedEarningsAccumulatedLosses 2024-12-31 15243917 core:CurrentFinancialInstruments 11 2024-12-31 15243917 2023-10-28 2024-12-31 15243917 bus:FilletedAccounts 2023-10-28 2024-12-31 15243917 bus:SmallEntities 2023-10-28 2024-12-31 15243917 bus:AuditExempt-NoAccountantsReport 2023-10-28 2024-12-31 15243917 bus:PrivateLimitedCompanyLtd 2023-10-28 2024-12-31 15243917 bus:Director1 2023-10-28 2024-12-31 15243917 bus:Director2 2023-10-28 2024-12-31 15243917 bus:Director3 2023-10-28 2024-12-31 iso4217:GBP xbrli:pure

Company No: 15243917 (England and Wales)

# SOUTHERN PROFILES LIMITED

### Unaudited Financial Statements
For the financial period from 28 October 2023 to 31 December 2024
Pages for filing with the registrar

SOUTHERN PROFILES LIMITED

## Unaudited Financial Statements

For the financial period from 28 October 2023 to 31 December 2024

Contents

SOUTHERN PROFILES LIMITED

## BALANCE SHEET

As at 31 December 2024
SOUTHERN PROFILES LIMITED

## BALANCE SHEET (continued)

As at 31 December 2024

| Note | 31.12.2024
|  | £
Current assets |  |
Debtors | 3 | 92,668
Cash at bank and in hand |  | 14,182
|  | 106,850
Creditors: amounts falling due within one year | 4 | ( 185,177)
Net current liabilities |  | (78,327)
Total assets less current liabilities |  | (78,327)
Accruals and deferred income |  | ( 3,000)
Net liabilities |  | ( 81,327)
Capital and reserves |  |
Called-up share capital |  | 100
Profit and loss account |  | ( 81,427 )
Total shareholders' deficit |  | ( 81,327)

For the financial period ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the Company to obtain an audit of its financial statements for the financial period in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Southern Profiles Limited (registered number: 15243917) were approved and authorised for issue by the Board of Directors on 28 October 2025. They were signed on its behalf by:

J H Fisher Director |

SOUTHERN PROFILES LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 28 October 2023 to 31 December 2024
SOUTHERN PROFILES LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 28 October 2023 to 31 December 2024

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

##### General information and basis of accounting

Southern Profiles Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Unit 1a, Whitehouse, The Causeway, Mark, TA9 4QS, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Going concern

In 2025 the directors made the decision that the Company would cease trading. As a result, the financial statements have been prepared on a basis other than the going concern basis of preparation. The directors have included in the financial statements any provision for future costs of terminating the business, which were committed to at the balance sheet date and where appropriate the Company's assets have been written down to their net realisable value.

##### Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT and other sales related taxes.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

##### Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

##### Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

##### Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

#### 2. Employees

| Period from 28.10.2023 to 31.12.2024
| Number
Monthly average number of persons employed by the Company during the period, including directors | 2

#### 3. Debtors

| 31.12.2024
| £
Trade debtors | 54,938
CIS suffered | 7,645
Other debtors | 30,085
| 92,668

#### 4. Creditors: amounts falling due within one year

| 31.12.2024
| £
Trade creditors | 80,540
Other taxation and social security | 4,737
Other creditors | 99,900
| 185,177