REGISTERED NUMBER: 07361772 (England and Wales)

Financial Statements

for the Year Ended 30 September 2025

for

Southern Vehicle Bodies Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

M Mcintyre

REGISTERED OFFICE:

Unit 5, Curtis Farm

Green Lane

Rusper

West Sussex

RH12 4PP

REGISTERED NUMBER:

07361772 (England and Wales)

ACCOUNTANTS:

Wilson Partners Limited

Chancery House

30 St Johns Road

Woking

Surrey

GU21 7SA

FIXED ASSETS

Intangible assets

5

15,934

19,918

Tangible assets

6

34,973

27,779

50,907

47,697

CURRENT ASSETS

Stocks

15,185

39,120

Debtors

7

127,714

34,852

Cash at bank

32,229

70,611

175,128

144,583

CREDITORS

Amounts falling due within one year

8

(125,992

)

(114,979

)

NET CURRENT ASSETS

49,136

29,604

TOTAL ASSETS LESS CURRENT LIABILITIES

100,043

77,301

CREDITORS

Amounts falling due after more than one year

9

(29,123

)

(30,071

)

PROVISIONS FOR LIABILITIES

(5,148

)

-

NET ASSETS

65,772

47,230

CAPITAL AND RESERVES

Called up share capital

101

101

Retained earnings

65,671

47,129

65,772

47,230

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 20 April 2026 and were signed by:

M Mcintyre - Director

1.	STATUTORY INFORMATION

Southern Vehicle Bodies 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Changes in accounting policies

The estimated useful life for Other intangibles has been changed from twenty to ten years.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of ten years.

Intangible fixed assets and amortisation - other intangible

Other intangible assets are legal fees associated with acquisition of trade It is amortised to profit and loss account over its estimated economic life of ten years.

Tangible fixed assets

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.

Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold property

Not depreciated

Short leasehold

25% reducing balance

Plant & machinery

25% reducing balance

Motor vehicles

25% reducing balance

Computer equipment

25% reducing balance

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 8 ) .

5.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

Cost

At 1 October 2024

and 30 September 2025

28,678

8,925

37,603

Amortisation

At 1 October 2024

14,339

3,346

17,685

Charge for year

2,868

1,116

3,984

At 30 September 2025

17,207

4,462

21,669

Net book value

At 30 September 2025

11,471

4,463

15,934

At 30 September 2024

14,339

5,579

19,918

6.	TANGIBLE FIXED ASSETS

Short

Plant and

Motor

Computer

leasehold

machinery

vehicles

equipment

Totals

£

£

£

£

£

Cost

At 1 October 2024

15,048

38,067

5,000

1,441

59,556

Additions

6,442

12,145

-

271

18,858

At 30 September 2025

21,490

50,212

5,000

1,712

78,414

Depreciation

At 1 October 2024

8,200

21,524

1,250

803

31,777

Charge for year

3,325

7,174

938

227

11,664

At 30 September 2025

11,525

28,698

2,188

1,030

43,441

Net book value

At 30 September 2025

9,965

21,514

2,812

682

34,973

At 30 September 2024

6,848

16,543

3,750

638

27,779

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/9/25

30/9/24

£

£

Trade debtors

127,714

25,859

Other debtors

-

8,993

127,714

34,852

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/9/25

30/9/24

£

£

Trade creditors

43,537

51,879

Taxation and social security

68,055

49,945

Other creditors

14,400

13,155

125,992

114,979

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30/9/25

30/9/24

£

£

Other creditors

29,123

30,071

10.	LEASING AGREEMENTS

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

30/9/25

30/9/24

£

£

Within one year

13,250

13,250