South Somerset Mortgages Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 05573041

South Somerset Mortgages Limited

Unaudited Financial Statements

31 May 2025

South Somerset Mortgages Limited

Statement of Financial Position

31 May 2025

	2025		2024
	£	£	£
Fixed assets		4,406	5,890
		-------	-------

Current assets		53,612	26,471

Creditors: amounts falling due within one year	65,778	17,004
	--------	--------
Net current (liabilities)/assets	( 12,166)	9,467
	--------	--------
Total assets less current liabilities	( 7,760)	15,357

Creditors: amounts falling due after more than one year		35,000	45,510

Accruals and deferred income	37,471	60,996
	--------	--------
	(80,231)	(91,149)
	--------	--------

Capital and reserves	( 80,231)	( 91,149)
	--------	--------

Notes to the financial statements

1. Employee numbers

The average number of persons employed by the company during the year amounted to 4 (2024: 4 ).

2. Security

Included in creditors due within one year is a Coronavirus Bounce Back loan which is secured under the Government Scheme.

For the year ending 31 May 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 member has not required the company to obtain an audit of its 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 financial statements .

These 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 29 May 2026 , and are signed on behalf of the board by:

Mr B Fenton
Director

Company registration number: 05573041

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 34 Fore Street, Chard, Somerset, TA20 1PT.