ACCOUNTS - Final Accounts preparation

Registered number: 15007487

SOUTHBOUND INVESTMENTS LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JULY 2025

SOUTHBOUND INVESTMENTS LIMITED

CONTENTS

	Page
Balance sheet	1 - 2
Notes to the financial statements	3 - 6

SOUTHBOUND INVESTMENTS LIMITED

REGISTERED NUMBER: 15007487

BALANCE SHEET

AS AT 31 JULY 2025

		31 July 2025		31 July 2024
Note		£		£

Fixed assets
Investments	4		8,064		190
			8,064		190
Current assets
Debtors: amounts falling due within one year	5	35,896		-
Cash at bank and in hand	6	41,724		996
		77,620		996
Creditors: amounts falling due within one year	7	(102,365)		(5,293)
Net current liabilities			(24,745)		(4,297)
Total assets less current liabilities			(16,681)		(4,107)

Net liabilities			(16,681)		(4,107)

Capital and reserves
Called up share capital	8	100	100
Profit and loss account		(16,781)	(4,207)
		(16,681)	(4,107)

SOUTHBOUND INVESTMENTS LIMITED

REGISTERED NUMBER: 15007487

BALANCE SHEET (CONTINUED)

AS AT 31 JULY 2025

The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

Cihat Selman Yilmaz

Director

Date: 16 July 2026

The notes on pages 3 to 6 form part of these financial statements.

SOUTHBOUND INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

1.	General information

The company is a private company limited by shares and is registered in England and Wales. The address of its registered office is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.

The principal activity of the company is that of an investments holding company.

The prior year financial statements were prepared for a period longer than twelve months, whereas the current year covers a twelve month period. Therefore, the comparative figures (including the related notes) are not entirely comparable with those for the current year.15007487

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006.

The company has elected to take advantage of the exemption available under section 399 of the Companies Act 2006 from the requirement to prepare consolidated financial statements. This exemption has been applied on the grounds that the group, of which the company is the parent, qualifies as a small group under the relevant provisions of the Act. Accordingly, these financial statements present information about the company as an individual entity and do not include consolidated financial information relating to the group.

The following principal accounting policies have been applied:

2.2

Going concern

The director has considered the financial position of the company at the year end and at the date of approval of the financial statements. The director is satisfied that the company will be able to satisfy its financial obligations for at least 12 months from the date of approval of the financial statements. The director confirmed that financial support will be made available by the shareholder, if required, to enable the company to meet its obligations as they fall due. Therefore, the financial statements have been prepared on the going concern basis.

SOUTHBOUND INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

2.Accounting policies (continued)

2.3

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is pound sterling.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss.

2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.6

Associates

Investments in associates are held at cost less impairment.

2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.10

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of the financial assets and liabilities such as other creditors.

SOUTHBOUND INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

2.Accounting policies (continued)

2.10

Financial instruments (continued)

Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.

Employees

The average monthly number of employees, including directors, during the year was 1 (2024 - 1).

4.	Fixed asset investments

	Investments in subsidiary companies	Investments in associates	Total
	£	£	£
Cost
At 1 August 2024	-	190	190
Additions	7,874	-	7,874
At 31 July 2025	7,874	190	8,064

Debtors

					2025	2024
					£	£


Amount owed by group undertaking	35,633	-
Prepayments and accrued income	263	-
	35,896	-

6.	Cash and cash equivalents
		2025	2024
		£	£

	Cash at bank and in hand	41,724	996

SOUTHBOUND INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Other creditors	94,145	1,793
Accruals	8,220	3,500
	102,365	5,293

8.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

100 (2024 -100) Ordinary shares shares of £1.00 each	100	100

Related party transactions

No disclosure has been made of transactions with other wholly owned group companies in accordance with FRS 102 Section 1A paragraph 1AC.35.

As at the balance sheet date the company owed £49,096 (2024 - £1,793) to the director. The loans are interest free and repayable on demand.

Included within other creditors is an amount of £37,542 (2024 - £NIL) due to a company controlled by the director. The balance is unsecured, interest free and repayable on demand.

10.	Subsidiary undertaking

	The following was a subsidiary undertaking of the company:
	Name	Registered office	Principal activity	Class of shares	Holding

Southbound Holding Ltd

IH-00-01-01-OF-01, Level 1, Innovation Hub, Dubai International Financial Centre, Dubai, United Arab Emirates

Holding company

Ordinary

100%