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REGISTERED NUMBER: 05955721 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

Southfield Light Commercials Limited

Southfield Light Commercials Limited (Registered number: 05955721)

Contents of the Financial Statements

for the Year Ended 31 October 2025

| Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |  | to |  | 4

Southfield Light Commercials Limited

Company Information

for the Year Ended 31 October 2025

| DIRECTORS: | M S Dwyer

| M Hyland

| SECRETARY: | Mrs S Dwyer

| REGISTERED OFFICE: | Junction 25 M60

| Ashton Road

| Bredbury

| Stockport

| Cheshire

| SK6 2QN

| REGISTERED NUMBER: | 05955721 (England and Wales)

| ACCOUNTANTS: | IN Accountancy Limited

| 2 Station View

| Bramhall Moor Lane

| Hazel Grove

| Stockport

| Cheshire

| SK7 5ER

Southfield Light Commercials Limited (Registered number: 05955721)

Balance Sheet

31 October 2025

| 31.10.25 |  | 31.10.24

| Notes | £ | £ |

CURRENT ASSETS

Stocks | 368,890 |  | 406,178 |  |

Debtors | 4 | 56,012 |  | 70,610 |  |

Cash at bank | 286,637 |  | 12,205 |  |

711,539 |  | 488,993 |  |

CREDITORS

Amounts falling due within one year | 5 | 214,010 |  | 59,197 |  |

NET CURRENT ASSETS | 497,529 |  | 429,796 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 497,529 |  | 429,796 |  |

CREDITORS

Amounts falling due after more than one year | 6 | - |  | 6,667 |  |

NET ASSETS | 497,529 |  | 423,129 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 497,429 |  | 423,029 |  |

SHAREHOLDERS' FUNDS | 497,529 |  | 423,129 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 April 2026 and were signed on its behalf by:

M S Dwyer - Director

Southfield Light Commercials Limited (Registered number: 05955721)

Notes to the Financial Statements

for the Year Ended 31 October 2025

1. | STATUTORY INFORMATION

| Southfield Light Commercials Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| The financial statements are prepared in sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 3 (2024 - 3 ) .

4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.10.25 |  | 31.10.24

£ | £ |

| Trade debtors | 41,929 |  | 56,794 |  |

| Amounts owed by associates | 267 |  | - |  |

| Other debtors | 13,816 |  | 13,816 |  |

56,012 |  | 70,610 |  |

5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.10.25 |  | 31.10.24

£ | £ |

| Bank loans and overdrafts | 8,496 |  | 12,134 |  |

| Trade creditors | 122,167 |  | 17,352 |  |

| Amounts owed to associates | - |  | 1,273 |  |

| Taxation and social security | 67,293 |  | 24,053 |  |

| Other creditors | 16,054 |  | 4,385 |  |

214,010 |  | 59,197 |  |

6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.10.25 |  | 31.10.24

£ | £ |

| Bank loans | - |  | 6,667 |  |

Southfield Light Commercials Limited (Registered number: 05955721)

Notes to the Financial Statements - continued

for the Year Ended 31 October 2025

7. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

| 31.10.25 |  | 31.10.24

£ | £ |

| Within one year | 5,996 |  | 1,756 |  |

| Between one and five years | 7,995 |  | - |  |

13,991 |  | 1,756 |  |

8. | RELATED PARTY DISCLOSURES

| At the balance sheet date the company was owed £267 (2024: owed to Southfield Propco £1,273) by Southfield Propco Limited. This amount is included in debtors:amounts owed by associates.

| Included in administrative expenses is rent of £40,000 (2024: £18,485) paid to the Southfield Directors Pension Scheme in which M Dwyer is a trustee and beneficiary.

| All of these transactions were carried out at an arms length value.

9. | ULTIMATE CONTROLLING PARTY

| The directors consider M Dwyer to be the controlling party by virtue of his shareholding in the company.