

			Company registration number:5603066






		SOUTHERN PIPED SERVICES LIMITED

			FINANCIAL STATEMENTS

			FOR THE YEAR ENDED 31 March 2025



SOUTHERN PIPED SERVICES LIMITED

BALANCE SHEET

AS AT 31 March 2025


		2025		2024
	Notes	£	£	£	£

FIXED ASSETS
Tangible assets	3		222,859		196,755

			222,859		196,755

CURRENT ASSETS
Debtors	4	414,204		366,871
Cash at bank and in hand		183,892		232,641
Financial assets		84,488		0

		682,584		599,512

CREDITORS
Amounts falling due within one year	5	(178,751)		(211,586)

NET CURRENT ASSETS			503,833		387,926

TOTAL ASSETS LESS
CURRENT LIABILITIES			726,692		584,681

Creditors falling due after one year	6		(87,065)		(90,150)


NET ASSETS			639,627		494,531



CAPITAL AND RESERVES
Called-up equity share capital	7		10		1
Profit and loss account			639,617		494,530

SHAREHOLDERS FUNDS			639,627		494,531


For the year ending 31 March 2025 the company was entitled to exemption 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 the accounts.


These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006. Approved by the board of directors on 10 December 2025 and signed on its behalf.


The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small companies' regime.


..........................................................................
D A J Dodd

10 December 2025
The annexed notes form part of these financial statements.



SOUTHERN PIPED SERVICES LIMITED

STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 MARCH 2025

	Share	Share	P and L	Revaluation	Other	Total
	Capital	Premium	Account	reserve	reserves	equity
	£	£	£	£	£	£
Balance at 1 April 2023	1	0	497,062	0	0	497,063

Changes in equity
Dividend	0	0	(60,000)	0	0	(60,000)
Total Comprehensive Income	0	0	57,468	0	0	57,468
Balance at 31 March 2024	1	0	494,530	0	0	494,531

Changes in equity
Share issue	9	0	0	0	0	9
Dividend	0	0	(30,000)	0	0	(30,000)
Total comprehensive income	0	0	175,087	0	0	175,087
Balance at 31 March 2025	10	0	639,617	0	0	639,627

SOUTHERN PIPED SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Accounting policies

Statutory information

The company is registered in England and its registered number is 5603066 The company is a private company limited by shares. Its registered office is Unit 4, Brixey Business Park, Fancy Road, Poole, Dorset BH12 4PZ

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention in accordance with the accounting policies set out below. These financial statements have been prepared in accordance with FRS102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Intangible Assets

Goodwill is the difference between the amount paid on the acquisition of a business and the aggregate fair value of its separable net assets. It is being written off in equal annual instalments over its estimated economic life.

Fixed Assets

Tangible fixed assets are stated at cost less depreciation Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Plant and machinery 25% reducing balance basis Motor vehicles 25% reducing balance basis Fixtures and fittings 25% reducing balance basis Computer equipment straight line - 4 years

Debtors

The Directors have decided that no provision is required for bad or doubtful debts.

Leasing

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets and depreciated over the shorter of the lease term and their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Deferred Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in the periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

Pension Scheme

The company pension contributes into the director's pension scheme.

Employees

The average number of persons employed by the company (including directors) during the year was 9.



3.	Tangible fixed assets

		Land/Bldgs	Plant	Motor	F and F	Total

	Cost
	At start of period	186,723	18,543	66,622	10,466	282,354
	Additions	0	0	35,494	4,137	39,631
	Disposals	(0)	(0)	(15,117)	(0)	(15,117)
	At end of period	186,723	18,543	86,999	14,603	306,868

	Depreciation
	At start of period	0	16,378	59,644	9,577	85,599
	Provided during the period	0	541	10,529	1,528	12,598
	On disposals	(0)	(0)	(13,982)	(0)	(13,982)
	At end of period	0	16,919	56,191	11,105	84,215

	Net Book Value
	At start of period	186,723	2,165	6,978	889	196,755
	At end of period	186,723	1,624	30,808	3,704	222,859



4.	Debtors
		2025	2024
		£	£
	Due within one year
	Trade Debtors	145,029	165,114
	Other Debtors	195,221	135,650
	Prepayments and accrued income	5,938	5,402
	Corporation tax recoverable assets	68,016	60,705

		414,204	366,871



5.	Creditors due within one year
		2025	2024
		£	£

	Trade creditors	38,453	95,169
	Bank Loans and Overdrafts	8,356	20,906
	Corporation Tax	40,355	275
	Other taxes and social security costs	71,197	70,013
	Other creditors	15,090	19,923
	Accruals and deferred income	5,300	5,300

		178,751	211,586


	Accruals - accrued accountancy
	Accruals - accrued accountancy

	Of the creditors falling due within one year £4,465 is secured

6.	Creditors due after one year
		2025	2024
		£	£

	Bank Loans	87,065	90,150

		87,065	90,150

	Lloyds mortgage is secured on the business premises
	Lloyds mortgage is secured on the business premises
	Of the creditors falling due after more than one year £87,065 is secured


7.	Share capital	Alloted, Issued and fully paid
		Alloted, Issued and fully paid
		2025	2024
		£	£

	Ordinary shares of £1 each	10	1
	Total issued share capital	10	1

Pension schemes

The company makes contributions to a director's pension scheme.