SV SOUTHALL LTD

Company Registration Number:
07165924 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2025

Period of accounts

Start date: 29 February 2024

End date: 28 February 2025

SV SOUTHALL LTD

Contents of the Financial Statements

for the Period Ended 28 February 2025

Balance sheet
Notes

SV SOUTHALL LTD

Balance sheet

As at 28 February 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 157,549 184,483
Total fixed assets: 157,549 184,483
Current assets
Stocks: 31,830 14,780
Debtors:   316,622 472,761
Cash at bank and in hand: 403,584 198,347
Investments:   200,000 200,000
Total current assets: 952,036 885,888
Creditors: amounts falling due within one year: 4 (177,200) (112,882)
Net current assets (liabilities): 774,836 773,006
Total assets less current liabilities: 932,385 957,489
Total net assets (liabilities): 932,385 957,489
Capital and reserves
Called up share capital: 150 150
Share premium account: 49,950 49,950
Profit and loss account: 882,285 907,389
Shareholders funds: 932,385 957,489

The notes form part of these financial statements

SV SOUTHALL LTD

Balance sheet statements

For the year ending 28 February 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 accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 & loss account.

This report was approved by the board of directors on 30 December 2025
and signed on behalf of the board by:

Name: Mrs Saima Ibrar Khan
Status: Director

The notes form part of these financial statements

SV SOUTHALL LTD

Notes to the Financial Statements

for the Period Ended 28 February 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover is revenue earned from the sale of goods. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.

Tangible fixed assets and depreciation policy

TTangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Improvement -leased buildings: 17 years over the lease period Fixtures, fittings, tools and equipment: 15% reducing balance method

Valuation and information policy

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

SV SOUTHALL LTD

Notes to the Financial Statements

for the Period Ended 28 February 2025

2. Employees

2025 2024
Average number of employees during the period 65 26

SV SOUTHALL LTD

Notes to the Financial Statements

for the Period Ended 28 February 2025

3. Tangible Assets

Total
Cost £
At 29 February 2024 365,897
Additions 800
At 28 February 2025 366,697
Depreciation
At 29 February 2024 181,414
Charge for year 27,734
At 28 February 2025 209,148
Net book value
At 28 February 2025 157,549
At 28 February 2024 184,483

SV SOUTHALL LTD

Notes to the Financial Statements

for the Period Ended 28 February 2025

4. Creditors: amounts falling due within one year note

Accruals: £68,468 Corporation tax: £37,986 Other taxes and social security costs: £70,746