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COMPANY REGISTRATION NUMBER: 11397984
South Press Co Ltd
Filleted Unaudited Abridged Financial Statements
31 December 2025
South Press Co Ltd
Abridged Statement of Financial Position
31 December 2025
2025
2024
Note
£
£
£
Current assets
Stocks
73,578
78,186
Debtors
8,184
37,100
Cash at bank and in hand
16,886
6,810
--------
---------
98,648
122,096
Creditors: amounts falling due within one year
4,983
104,853
--------
---------
Net current assets
93,665
17,243
--------
--------
Total assets less current liabilities
93,665
17,243
Creditors: amounts falling due after more than one year
73,924
50,565
--------
--------
Net assets/(liabilities)
19,741
( 33,322)
--------
--------
Capital and reserves
Called up share capital
184,903
184,903
Profit and loss account
( 165,162)
( 218,225)
---------
---------
Shareholders funds/(deficit)
19,741
( 33,322)
---------
---------
These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the abridged statement of income and retained earnings has not been delivered.
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its abridged financial statements 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 abridged financial statements .
All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 31 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.
South Press Co Ltd
Abridged Statement of Financial Position (continued)
31 December 2025
These abridged financial statements were approved by the board of directors and authorised for issue on 22 May 2026 , and are signed on behalf of the board by:
Mr JC Van Den Berg
Director
Company registration number: 11397984
South Press Co Ltd
Notes to the Abridged Financial Statements
Year ended 31 December 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 85 Great Portland Street, First Floor, London, W1W 7LT.
2. Statement of compliance
These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
These accounts have been prepared on the going concern basis on the understanding that the directors and shareholders will provide financial support, if required, to enable the company to continue trading for a period of at least 12 months from the date of approval of these financial statements.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).
5. Related party transactions
Mr JC Van Den Berg is the Managing Director during the current and previous financial year.