COMPANY REGISTRATION NUMBER:
04984043
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Southern Counties Glass Holdings Limited |
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Unaudited Financial Statements |
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Southern Counties Glass Holdings Limited |
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Year ended 31 December 2025
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Statement of financial position |
2 |
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Notes to the financial statements |
3 |
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Southern Counties Glass Holdings Limited |
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Year ended 31 December 2025
The director presents his report and the unaudited financial statements of the company for the year ended
31 December 2025
.
Directors
The directors who served the company during the year were as follows:
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Mr NS Donald |
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Mr D Churchill |
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Mrs A Amanda Churchill |
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Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on
14 July 2026
and signed on behalf of the board by:
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Registered office: |
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Unit I Foundry Close |
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Horsham |
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West Sussex |
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RH13 5TX |
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Southern Counties Glass Holdings Limited |
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Statement of Financial Position |
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31 December 2025
Fixed assets
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Investments |
4 |
125,100 |
125,100 |
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Creditors: amounts falling due within one year |
5 |
1,972 |
1,972 |
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------- |
------- |
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Net current liabilities |
1,972 |
1,972 |
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--------- |
--------- |
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Total assets less current liabilities |
123,128 |
123,128 |
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--------- |
--------- |
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Capital and reserves
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Called up share capital |
6,647 |
6,647 |
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Share premium account |
26,687 |
26,687 |
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Capital redemption reserve |
4,985 |
4,985 |
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Profit and loss account |
84,809 |
84,809 |
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--------- |
--------- |
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Shareholders funds |
123,128 |
123,128 |
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--------- |
--------- |
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These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
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.
Director's responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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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 were approved by the
board of directors
and authorised for issue on
14 July 2026
, and are signed on behalf of the board by:
Company registration number:
04984043
Registered office:
Unit I Foundry Close
Horsham
West Sussex
RH13 5TX
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Southern Counties Glass Holdings Limited |
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Notes to the Financial Statements |
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Year ended 31 December 2025
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit I Foundry Close, Horsham, West Sussex, RH13 5TX.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Investments in associates
Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.
Investments in joint ventures
Investments in jointly controlled entities accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in jointly controlled entities accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the joint venture arising before or after the date of acquisition.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4.
Investments
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Shares in group undertakings |
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£ |
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Cost |
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At 1 January 2025 and 31 December 2025 |
125,100 |
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--------- |
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Impairment |
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At 1 January 2025 and 31 December 2025 |
– |
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--------- |
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Carrying amount |
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At 31 December 2025 |
125,100 |
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--------- |
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At 31 December 2024 |
125,100 |
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--------- |
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The company owns 100% of the issued share capital of Southern Counties Glass Limited. At 31 December 2023 the company had capital and reserves of £2,744,804 (2023:£2,779,595) and made a profit after taxation of £46,929 (profit 2023:£145,575).
5.
Creditors:
amounts falling due within one year
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2025 |
2024 |
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£ |
£ |
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Other creditors |
1,972 |
1,972 |
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------- |
------- |
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6.
Related party transactions
The company was under the control of Neil Donald family throughout the current and previous year. No other transactions with related parties were undertaken such as are required to be disclosed under FRS 102.