1 May 2024 false Taxfiler 2024.6 7588284 business:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 7588284 2024-04-30 7588284 2024-05-01 2025-04-30 7588284 business:AuditExemptWithAccountantsReport 2024-05-01 2025-04-30 7588284 business:FilletedAccounts 2024-05-01 2025-04-30 7588284 2025-04-30 7588284 business:Director1 2024-05-01 2025-04-30 7588284 business:Director2 2024-05-01 2025-04-30 7588284 business:RegisteredOffice 2024-05-01 2025-04-30 7588284 2024-04-30 7588284 core:WithinOneYear 2025-04-30 7588284 core:WithinOneYear 2024-04-30 7588284 core:AfterOneYear 2025-04-30 7588284 core:AfterOneYear 2024-04-30 7588284 core:ShareCapital core:PreviouslyStatedAmount 2025-04-30 7588284 core:ShareCapital core:PreviouslyStatedAmount 2024-04-30 7588284 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-04-30 7588284 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-04-30 7588284 core:PreviouslyStatedAmount 2025-04-30 7588284 core:PreviouslyStatedAmount 2024-04-30 7588284 business:SmallEntities 2024-05-01 2025-04-30 7588284 countries:EnglandWales 2024-05-01 2025-04-30 7588284 core:MotorVehicles 2024-05-01 2025-04-30 7588284 core:MotorVehicles 2024-04-30 7588284 core:MotorVehicles 2025-04-30 7588284 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure
Company Registration No. 7588284 (England and Wales)
SOUTHAM ELECTRICAL BROS LIMITED Unaudited accounts for the year ended 30 April 2025
SOUTHAM ELECTRICAL BROS LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
SOUTHAM ELECTRICAL BROS LIMITED Company Information for the year ended 30 April 2025
Directors
Tom Southam Mark Southam
Company Number
7588284 (England and Wales)
Registered Office
37 Ashfield Road Carterton Oxfordshire OX18 3RD England
Accountants
Crescent Accountancy Solutions Ltd 17 Black Bourton Road Carterton Oxfordshire OX18 3HQ
- 3 -
SOUTHAM ELECTRICAL BROS LIMITED Statement of financial position as at 30 April 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
13,128
17,504
Current assets
Debtors
5
55,625
41,254
Cash at bank and in hand
23,451
-
79,076
41,254
Creditors: amounts falling due within one year
6
(49,586)
(23,776)
Net current assets
29,490
17,478
Total assets less current liabilities
42,618
34,982
Creditors: amounts falling due after more than one year
7
(8,785)
(13,511)
Net assets
33,833
21,471
Capital and reserves
Called up share capital
102
102
Profit and loss account
33,731
21,369
Shareholders' funds
33,833
21,471
For the year ending 30 April 2025 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 October 2025 and were signed on its behalf by
Mark Southam Director Company Registration No. 7588284
- 4 -
SOUTHAM ELECTRICAL BROS LIMITED Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
SOUTHAM ELECTRICAL BROS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 7588284. The registered office is 37 Ashfield Road, Carterton, Oxfordshire, OX18 3RD, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25%
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Motor vehicles
£
Cost or valuation
At cost
At 1 May 2024
23,835
At 30 April 2025
23,835
Depreciation
At 1 May 2024
6,331
Charge for the year
4,376
At 30 April 2025
10,707
Net book value
At 30 April 2025
13,128
At 30 April 2024
17,504
- 5 -
SOUTHAM ELECTRICAL BROS LIMITED Notes to the Accounts for the year ended 30 April 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
5,947
-
Trade debtors
45,075
36,651
Other debtors
4,603
4,603
55,625
41,254
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
12,440
19,823
VAT
-
3,733
Obligations under finance leases and hire purchase contracts
4,926
4,926
Trade creditors
9,747
5,827
Taxes and social security
28,521
16,016
Other creditors
900
1,739
Loans from directors
(6,948)
(28,288)
49,586
23,776
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Obligations under finance leases and hire purchase contracts
8,785
13,511
8
Average number of employees
During the year the average number of employees was 6 (2024: 5).
- 6 -