1 May 2024 false No description of principal activity Taxfiler 2024.6 14025822 business:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 14025822 2024-04-30 14025822 2024-05-01 2025-04-30 14025822 business:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 14025822 business:FilletedAccounts 2024-05-01 2025-04-30 14025822 2025-04-30 14025822 2024-04-30 14025822 core:WithinOneYear 2025-04-30 14025822 core:WithinOneYear 2024-04-30 14025822 core:ShareCapital core:PreviouslyStatedAmount 2025-04-30 14025822 core:ShareCapital core:PreviouslyStatedAmount 2024-04-30 14025822 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-04-30 14025822 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-04-30 14025822 core:PreviouslyStatedAmount 2025-04-30 14025822 core:PreviouslyStatedAmount 2024-04-30 14025822 business:SmallEntities 2024-05-01 2025-04-30 14025822 business:Director2 2024-05-01 2025-04-30 14025822 countries:EnglandWales 2024-05-01 2025-04-30 14025822 business:RegisteredOffice 2024-05-01 2025-04-30 14025822 core:PlantMachinery 2024-05-01 2025-04-30 14025822 core:PlantMachinery 2024-04-30 14025822 core:PlantMachinery 2025-04-30 14025822 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure
Company Registration No. 14025822 (England and Wales)
Southern Van Guys Ltd Unaudited accounts for the year ended 30 April 2025
Southern Van Guys Ltd Statement of financial position as at 30 April 2025
2025
2024
Notes
£
£
Called up share capital not paid
2
2
Fixed assets
Tangible assets
4
1,803
2,705
Current assets
Inventories
83,415
159,322
Debtors
5
39,940
30,055
Cash at bank and in hand
34,424
36,630
157,779
226,007
Creditors: amounts falling due within one year
6
(296,185)
(295,600)
Net current liabilities
(138,406)
(69,593)
Net liabilities
(136,601)
(66,886)
Capital and reserves
Called up share capital
2
2
Profit and loss account
(136,603)
(66,888)
Shareholders' funds
(136,601)
(66,886)
For the year ending 30 April 2025 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 27 January 2026 and were signed on its behalf by
P M Stone Director Company Registration No. 14025822
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Southern Van Guys Ltd Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
Southern Van Guys Ltd is a private company, limited by shares, registered in England and Wales, registration number 14025822. The registered office is 6A Southampton Road, Portsmouth, PO6 4RJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 May 2024
3,607
At 30 April 2025
3,607
Depreciation
At 1 May 2024
902
Charge for the year
902
At 30 April 2025
1,804
Net book value
At 30 April 2025
1,803
At 30 April 2024
2,705
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
-
55
Accrued income and prepayments
39,940
30,000
39,940
30,055
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Southern Van Guys Ltd Notes to the Accounts for the year ended 30 April 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
13,247
1,277
Trade creditors
1,085
3,188
Amounts owed to group undertakings and other participating interests
-
530
Taxes and social security
7,752
7,012
Other creditors
99,000
100,000
Loans from directors
175,101
183,593
296,185
295,600
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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