REGISTERED NUMBER: 03211437 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2025

for

Southern Reservoir Engineering Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Dr A J Taylor

SECRETARY:

Miss F E F Lamb

REGISTERED OFFICE:

Prospect House

41 Peverell Avenue East

Poundbury

Dorchester

DT1 3WE

REGISTERED NUMBER:

03211437 (England and Wales)

ACCOUNTANTS:

AR Jones

Prospect House

41 Peverell Avenue East

Poundbury

Dorchester

DT1 3WE

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1,288

897

1,288

897

CURRENT ASSETS

Stocks

76

69

Debtors

6

5,793

5,140

Investments

7

86,822

85,018

Cash at bank

403,628

416,155

496,319

506,382

CREDITORS

Amounts falling due within one year

8

1,153

1,049

NET CURRENT ASSETS

495,166

505,333

TOTAL ASSETS LESS CURRENT LIABILITIES

496,454

506,230

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

496,354

506,130

SHAREHOLDERS' FUNDS

496,454

506,230

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 4 December 2025 and were signed by:

Dr A J Taylor - Director

1.	STATUTORY INFORMATION

Southern Reservoir Engineering 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of four years.

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

-

25% on cost and 15% on reducing balance

Stocks

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

Financial instruments

Listed investments are included at fair value in accordance with FRS 102.

Taxation

Taxation for the year 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 year 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 July 2024

and 30 June 2025

24,820

AMORTISATION

At 1 July 2024

and 30 June 2025

24,820

NET BOOK VALUE

At 30 June 2025

-

At 30 June 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2024

7,184

Additions

701

At 30 June 2025

7,885

DEPRECIATION

At 1 July 2024

6,287

Charge for year

310

At 30 June 2025

6,597

NET BOOK VALUE

At 30 June 2025

1,288

At 30 June 2024

897

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

5,793

5,140

7.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Listed investments

86,822

85,018

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other creditors

1,153

1,049

9.	RELATED PARTY DISCLOSURES

10.	ULTIMATE CONTROLLING PARTY