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Company Registration No. 07473071 (England and Wales)
Southgate Global Services Ltd Unaudited accounts for the year ended 31 December 2025
Southgate Global Services Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Southgate Global Services Ltd Company Information for the year ended 31 December 2025
Director
John Juma
Company Number
07473071 (England and Wales)
Registered Office
Bridge house Sherington Newport pagnell MK169JA United Kingdom
Accountants
Parizma - Management Accountants & Strategic Advisors 2 Arlington Square Venture House Bracknell Berkshire RG12 1WA
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Southgate Global Services Ltd Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
281,023
269,687
Current assets
Debtors
5
119,131
274,142
Cash at bank and in hand
156,907
8,653
276,038
282,795
Creditors: amounts falling due within one year
6
(443,162)
(530,050)
Net current liabilities
(167,124)
(247,255)
Total assets less current liabilities
113,899
22,432
Creditors: amounts falling due after more than one year
7
(106,657)
(119,918)
Net assets/(liabilities)
7,242
(97,486)
Capital and reserves
Called up share capital
3
3
Profit and loss account
7,239
(97,489)
Shareholders' funds
7,242
(97,486)
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 June 2026 and were signed on its behalf by
John Juma Director Company Registration No. 07473071
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Southgate Global Services Ltd Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Southgate Global Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 07473071. The registered office is Bridge house, Sherington, Newport pagnell, MK169JA, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
4 Years
Motor vehicles
4 Years
Fixtures & fittings
10 Years
Computer equipment
4 Years
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2025
258,992
23,838
259,000
6,667
548,497
Additions
-
-
26,411
-
26,411
At 31 December 2025
258,992
23,838
285,411
6,667
574,908
Depreciation
At 1 January 2025
-
23,838
252,750
2,222
278,810
Charge for the year
-
-
12,853
2,222
15,075
At 31 December 2025
-
23,838
265,603
4,444
293,885
Net book value
At 31 December 2025
258,992
-
19,808
2,223
281,023
At 31 December 2024
258,992
-
6,250
4,445
269,687
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Southgate Global Services Ltd Notes to the Accounts for the year ended 31 December 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
119,131
274,142
6
Creditors: amounts falling due within one year
2025
2024
£
£
Obligations under finance leases and hire purchase contracts
-
75,887
Trade creditors
26,595
26,595
Taxes and social security
89,518
93,873
Other creditors
94,196
80,842
Loans from directors
17,102
37,102
Accruals
215,751
215,751
443,162
530,050
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
106,657
119,918
8
Average number of employees
During the year the average number of employees was 16 (2024: 8).
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