SSL South Limited


Registered Number	04483707 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		110,043		68,685
			110,043		68,685
Current assets
Stocks		17,596		18,385
Debtors	4	60,546		219,457
Cash at bank and on hand		229,285		86,485
		307,427		324,327
Creditors amounts falling due within one year	5	(326,385)		(309,209)
Net current assets (liabilities)			(18,958)		15,118
Total assets less current liabilities			91,085		83,803
Creditors amounts falling due after one year	6		(10,834)		(41,438)
Net assets			80,251		42,365
Capital and reserves
Called up share capital			100		100
Profit and loss account			80,151		42,265
Shareholders' funds			80,251		42,365

The company was entitled to exemption from audit for this reporting period 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 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 and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 12 September 2025, and are signed on its behalf by:

Mr J A Pena
Director
Registered Company No. 04483707

SSL South Limited

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

	Finance leases and hire purchase contracts
	Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2025		2024
	Average number of employees during the year	61		49

3.	Tangible fixed assets

	Land & buildings	Plant & machinery	Total
	£	£	£
Cost or valuation
At 01 April 24	249,418	820,212	1,069,630
Additions	12,460	53,142	65,602
At 31 March 25	261,878	873,354	1,135,232
Depreciation and impairment
At 01 April 24	230,184	770,761	1,000,945
Charge for year	6,885	17,359	24,244
At 31 March 25	237,069	788,120	1,025,189
Net book value
At 31 March 25	24,809	85,234	110,043
At 31 March 24	19,234	49,451	68,685

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	26,657	60,499
Amounts owed by group undertakings	-	117,844
Other debtors	13,183	11,939
Prepayments and accrued income	20,706	29,175
Total	60,546	219,457

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	43,083	43,110
Bank borrowings and overdrafts	30,000	20,000
Taxation and social security	145,189	117,866
Finance lease and HP contracts	661	1,721
Other creditors	-	10,831
Accrued liabilities and deferred income	107,452	115,681
Total	326,385	309,209

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	10,834	40,697
Other creditors	-	741
Total	10,834	41,438

7.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	-		740

8.	Related party transactions
	Other debtors of £13,183 (2024: £2,500 credit) relates to the directors' current account. This has been fully repaid back by the directors within 9 months of the year-end.