0 01/08/2024 31/07/2025 2025-07-31 false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2024-08-01 Sage Accounts Production 24.0 - FRS102_2024 xbrli:pure xbrli:shares iso4217:GBP NI699504 2024-08-01 2025-07-31 NI699504 2025-07-31 NI699504 2024-07-31 NI699504 2023-08-01 2024-07-31 NI699504 2024-07-31 NI699504 2023-07-31 NI699504 bus:Director1 2024-08-01 2025-07-31 NI699504 core:WithinOneYear 2025-07-31 NI699504 core:WithinOneYear 2024-07-31 NI699504 bus:Micro-entities 2024-08-01 2025-07-31 NI699504 bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 NI699504 bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 NI699504 bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 NI699504 bus:FullAccounts 2024-08-01 2025-07-31
Company registration number: NI699504
S48 Ltd
Unaudited filleted financial statements
31 July 2025
S48 Ltd
Contents
Statement of financial position and notes to the financial statements
S48 Ltd
Statement of financial position
31 July 2025

|  |  | 31/07/25 |  |  | 31/07/24 |
|  |  | £ | £ |  | £ | £
Fixed assets |  |  |  | 1,255 |  |  | 595
|  |  |  | _______ |  |  | _______
Current assets |  |  | 12,951 |  |  | 6,760 |
Prepayments and accrued income |  |  | 395 |  |  | 272 |
|  |  | _______ |  |  | _______ |
|  |  |  | 13,346 |  |  | 7,032
Creditors: amounts falling due within one year |  |  |  | ( 9,724) |  |  | ( 3,638)
|  |  |  | _______ |  |  | _______
Net current assets |  |  |  | 3,622 |  |  | 3,394
|  |  |  | _______ |  |  | _______
Total assets less current liabilities |  |  |  | 4,877 |  |  | 3,989
Accruals and deferred income |  |  |  | ( 4,625) |  |  | ( 2,400)
|  |  |  | _______ |  |  | _______
Net assets |  |  |  | 252 |  |  | 1,589
|  |  |  | _______ |  |  | _______
Capital and reserves |  |  |  | 252 |  |  | 1,589
|  |  |  | _______ |  |  | _______

Notes to the financial statements
S48 Ltd
Year ended 31 July 2025
1. Directors advances, credits and guarantees
During the year ended 31 July 2025, the Company did not enter into any material transactions with directors or other related parties that had not been concluded under normal market conditions. (2024: NIL)
2. Judgements and key sources of estimation uncertainty
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affect both current and future periods.
3. Dividends
A dividend of £10,750 on Ordinary shares was proposed and paid during year ended 31 July 2025 (2024: £9,000)
4. Employee numbers
The average number of persons employed by the company during the year amounted to NIL. (2024: NIL)
For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The member has not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 02 April 2026 , and are signed on behalf of the board by:
Joseph McVeigh
Director
Company registration number: NI699504
The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is 9 Corporation Street, Derry, BT48 6UG.