REGISTERED NUMBER: 10980141 (England and Wales)

Unaudited Financial Statements

for the Period 1 January 2024 to 31 March 2025

for

Southern Trident Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

5

DIRECTORS:

J S Abdul Wahab

B Manoharan

M Shanmugam

REGISTERED OFFICE:

11d South Park Road

Scunthorpe

DN17 2BY

REGISTERED NUMBER:

10980141 (England and Wales)

ACCOUNTANTS:

Friends.Tax LLP

Pippins

Cherry Drive

Forty Green

Beaconsfield

Buckinghamshire

HP9 1XP

FIXED ASSETS

Tangible assets

4

33,515

15,118

CURRENT ASSETS

Stocks

756,646

427,247

Debtors

5

783,909

696,171

Cash at bank

-

6,962

1,540,555

1,130,380

CREDITORS

Amounts falling due within one year

6

1,012,188

721,376

NET CURRENT ASSETS

528,367

409,004

TOTAL ASSETS LESS CURRENT LIABILITIES

561,882

424,122

CREDITORS

Amounts falling due after more than one year

7

100,000

101,881

NET ASSETS

461,882

322,241

CAPITAL AND RESERVES

Called up share capital

167

167

Share premium

824,933

824,933

Revaluation reserve

8

-

(640

)

Retained earnings

(363,218

)

(502,219

)

461,882

322,241

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 November 2025 and were signed on its behalf by:

B Manoharan - Director

1.	STATUTORY INFORMATION

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

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on a going concern basis. At the balance sheet date, the company reported positive net current assets and was strategically using its working capital facilities to fund growth. The directors are working closely with the company's bankers to align the financing structure with its expansion plans and enhance cashflow flexibility. The directors remain confident that the company's strong trading performance, growing customer base and planned funding arrangements will continue to support its sustainable growth.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 25% - 33.3% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

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

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 10 (2023 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

49,606

Additions

32,599

At 31 March 2025

82,205

DEPRECIATION

At 1 January 2024

34,488

Charge for period

14,202

At 31 March 2025

48,690

NET BOOK VALUE

At 31 March 2025

33,515

At 31 December 2023

15,118

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.12.23

£

£

Trade debtors

478,156

523,662

Amounts owed by group undertakings

20,124

2,796

Other debtors

285,629

169,713

783,909

696,171

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.12.23

£

£

Bank loans and overdrafts

222,229

115,589

Trade creditors

387,711

415,771

Taxation and social security

182,665

163,301

Other creditors

219,583

26,715

1,012,188

721,376

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.12.23

£

£

Bank loans

-

98,371

Other creditors

100,000

3,510

100,000

101,881

8.

RESERVES

Revaluation

reserve

£

At 1 January 2024

(640

)

Revaluations

640

At 31 March 2025

-