REGISTERED NUMBER: 05215734 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

SOUTHERN FILTERS (DORSET) LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D K Sherlock

J D Sherlock

SECRETARY:

Mrs K Sherlock

REGISTERED OFFICE:

32 The Square

Gillingham

Dorset

SP8 4AR

REGISTERED NUMBER:

05215734 (England and Wales)

ACCOUNTANTS:

Andrews and Palmer

Chartered Accountants

32 The Square

Gillingham

Dorset

SP8 4AR

FIXED ASSETS

Intangible assets

4

-

-

Property, plant and equipment

5

503,292

468,345

503,292

468,345

CURRENT ASSETS

Inventories

350,634

325,987

Debtors

6

732,609

719,766

Cash at bank

302,923

183,180

1,386,166

1,228,933

CREDITORS

Amounts falling due within one year

7

833,062

748,070

NET CURRENT ASSETS

553,104

480,863

TOTAL ASSETS LESS CURRENT LIABILITIES

1,056,396

949,208

CREDITORS

Amounts falling due after more than one year

8

(75,844

)

(110,766

)

PROVISIONS FOR LIABILITIES

(63,773

)

(60,292

)

NET ASSETS

916,779

778,150

CAPITAL AND RESERVES

Called up share capital

11

100

100

Retained earnings

916,679

778,050

SHAREHOLDERS' FUNDS

916,779

778,150

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 August 2026 and were signed on its behalf by:

D K Sherlock - Director

J D Sherlock - Director

1.	STATUTORY INFORMATION

Southern Filters (Dorset) Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Land and buildings

-

2% on cost

Plant and machinery etc

-

25% on reducing balance and 15% on cost

Stocks

Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Bank loans

For the bank loans the amounts due within one year and more than year are being calculated using the amortised cost method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 38 (2024 - 36 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 December 2024

and 30 November 2025

202,502

AMORTISATION

At 1 December 2024

and 30 November 2025

202,502

NET BOOK VALUE

At 30 November 2025

-

At 30 November 2024

-

5.	PROPERTY, PLANT AND EQUIPMENT

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 December 2024

201,452

689,542

890,994

Additions

-

90,823

90,823

At 30 November 2025

201,452

780,365

981,817

DEPRECIATION

At 1 December 2024

36,261

386,388

422,649

Charge for year

4,029

51,847

55,876

At 30 November 2025

40,290

438,235

478,525

NET BOOK VALUE

At 30 November 2025

161,162

342,130

503,292

At 30 November 2024

165,191

303,154

468,345

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 December 2024

and 30 November 2025

131,951

DEPRECIATION

At 1 December 2024

39,154

Charge for year

23,199

At 30 November 2025

62,353

NET BOOK VALUE

At 30 November 2025

69,598

At 30 November 2024

92,797

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade debtors

632,437

647,095

Other debtors

100,172

72,671

732,609

719,766

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans and overdrafts

9,461

9,007

Hire purchase contracts (see note 9)

23,899

22,556

Trade creditors

475,731

420,756

Taxation and social security

254,954

227,654

Other creditors

69,017

68,097

833,062

748,070

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans

41,195

52,218

Hire purchase contracts (see note 9)

34,649

58,548

75,844

110,766

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

6,771

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

30.11.25

30.11.24

£

£

Net obligations repayable:

Within one year

23,899

22,556

Between one and five years

34,649

58,548

58,548

81,104

Non-cancellable

operating leases

30.11.25

30.11.24

£

£

Within one year

62,190

69,700

Between one and five years

216,880

121,250

In more than five years

116,550

28,320

395,620

219,270

10.	SECURED DEBTS

Included in creditors within one year is 2025: £23,899 (2024: £22,556) relating to assets under hire purchase. The hire purchase liability is secured on the assets to which it relates.

Also included in creditors within one year is 2025: £9,461 (2024: £9,007) relating to a business loan secured on the property Unit 22J and the director's private residence. Also the director has guaranteed the loan and agreed for the directors loan account to be used to clear the loan if necessary.

Included in creditors due in more than one year is 2025: £34,649 (2024: £58,548) relating to assets under hire purchase. The hire purchase liability is secured on the assets to which it relates.

Also included in creditors due in more than one year is 2025: £41,195 (2024: £52,218) relating to a business loan which is secured on the property Unit 22J and the director's private residence. Also the director has guaranteed the loan and agreed for the directors loan account to be used to clear the loan if necessary.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.25

30.11.24

value:

£

£

100

Ordinary

100

100

100

12.	RELATED PARTY DISCLOSURES

At the balance sheet date the company owed the director £40,753 (2024: £39,060). This loan is repayable on demand and the director has not charged the company interest on this loan.

At the balance sheet date the company had a shareholder loan of £1,693 (2024: £2,507) owed to the shareholder. This loan is repayable on demand and the shareholder has not charged the company interest on this loan.