Southpac Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 03849096

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		6,397		8,534

			6,397		8,534
CURRENT ASSETS
Debtors	5	147,247		154,057
Cash at bank and in hand		80,125		117,961

		227,372		272,018
Creditors: Amounts Falling Due Within One Year	6	(232,401 )		(250,742 )

NET CURRENT ASSETS (LIABILITIES)			(5,029 )		21,276

TOTAL ASSETS LESS CURRENT LIABILITIES			1,368		29,810

NET ASSETS			1,368		29,810

CAPITAL AND RESERVES
Called up share capital	7		200		200
Profit and Loss Account			1,168		29,610

SHAREHOLDERS' FUNDS			1,368		29,810

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Southpac Limited

Balance Sheet (continued)

As At 31 December 2025

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 member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Chris Conroy

Director

21/08/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Southpac Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03849096 . The registered office is 13a Chiltern Court, Asheridge Road, Chesham, HP5 2PX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery

25% on written down value

2.4. Taxation

Income tax expense represents the sum of the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 January 2025	45,830

As at 31 December 2025	45,830

Depreciation
As at 1 January 2025	37,296
Provided during the period	2,137

As at 31 December 2025	39,433

...CONTINUED

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Southpac Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

Net Book Value
As at 31 December 2025	6,397

As at 1 January 2025	8,534

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	140,650	154,057
VAT	6,597	-

	147,247	154,057

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	30,383	35,735
Corporation tax	1,056	7,699
Other taxes and social security	711	-
VAT	-	5,740
Accruals and deferred income	1,600	1,600
Director's loan account	198,651	199,968

	232,401	250,742

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	200	200

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