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
Southgate Global Services Ltd
Company Information
for the year ended 31 December 2025
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
Southgate Global Services Ltd
Statement of financial position
as at 31 December 2025
Tangible assets
281,023
269,687
Cash at bank and in hand
156,907
8,653
Creditors: amounts falling due within one year
(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
(106,657)
(119,918)
Net assets/(liabilities)
7,242
(97,486)
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
Southgate Global Services Ltd
Notes to the Accounts
for the year ended 31 December 2025
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
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
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
At 31 December 2025
258,992
-
19,808
2,223
281,023
At 31 December 2024
258,992
-
6,250
4,445
269,687
Southgate Global Services Ltd
Notes to the Accounts
for the year ended 31 December 2025
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
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).