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Company Registration No. 08707176 (England and Wales)
Southern Engineering & Marine Co Ltd Unaudited accounts for the year ended 30 September 2025
Southern Engineering & Marine Co Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Southern Engineering & Marine Co Ltd Company Information for the year ended 30 September 2025
Director
Mark James Noonan
Company Number
08707176 (England and Wales)
Registered Office
Unit 22 Romsey Industrial Estate Greatbridge Road Romsey Hampshire SO51 0HR England
Accountants
Accountancy Solutions (Winchester) Limited Trafalgar House 223 Southampton Road Portchester Hampshire PO6 4PY
- 3 -
Southern Engineering & Marine Co Ltd Statement of financial position as at 30 September 2025
2025
2024
Notes
£
£
Called up share capital not paid
39,716
-
Fixed assets
Tangible assets
4
177,193
151,767
Current assets
Inventories
305,109
515,109
Debtors
5
519,710
388,233
Cash at bank and in hand
99,892
(164,240)
924,711
739,102
Creditors: amounts falling due within one year
6
(749,395)
(701,333)
Net current assets
175,316
37,769
Total assets less current liabilities
392,225
189,536
Creditors: amounts falling due after more than one year
7
(310,940)
(108,906)
Net assets
81,285
80,630
Capital and reserves
Called up share capital
1
1
Profit and loss account
81,284
80,629
Shareholders' funds
81,285
80,630
For the year ending 30 September 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 director acknowledges his 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 and authorised for issue on 24 February 2026 and were signed on its behalf by
Mark James Noonan Director Company Registration No. 08707176
- 4 -
Southern Engineering & Marine Co Ltd Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
Southern Engineering & Marine Co Ltd is a private company, limited by shares, registered in England and Wales, registration number 08707176. The registered office is Unit 22, Romsey Industrial Estate, Greatbridge Road, Romsey, Hampshire, SO51 0HR, England.
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
Fixtures & fittings
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 October 2024
186,055
36,757
10,558
2,910
236,280
Additions
31,294
23,214
6,194
2,517
63,219
At 30 September 2025
217,349
59,971
16,752
5,427
299,499
Depreciation
At 1 October 2024
73,032
-
10,361
1,120
84,513
Charge for the year
36,507
-
223
1,063
37,793
At 30 September 2025
109,539
-
10,584
2,183
122,306
Net book value
At 30 September 2025
107,810
59,971
6,168
3,244
177,193
At 30 September 2024
113,023
36,757
197
1,790
151,767
- 5 -
Southern Engineering & Marine Co Ltd Notes to the Accounts for the year ended 30 September 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
385,179
338,339
Accrued income and prepayments
133,516
8,334
Other debtors
1,015
41,560
519,710
388,233
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
11,333
20,382
VAT
(32,962)
114,692
Trade creditors
530,667
366,854
Taxes and social security
224,822
183,895
Other creditors
5,888
5,863
Accruals
9,647
9,647
749,395
701,333
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
305,531
108,906
Obligations under finance leases and hire purchase contracts
5,409
-
310,940
108,906
8
Average number of employees
During the year the average number of employees was 2 (2024: 26).
- 6 -