REGISTERED NUMBER: 10065178 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Southern Forklift Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R A Churcher

Mrs R S Churcher

REGISTERED OFFICE:

Bank Chambers

61 High Street

Cranbrook

Kent

TN17 3EG

BUSINESS ADDRESS:

The Grain Store

Spratsbourne Farm

Goudhurst Road

Cranbrook

Kent

TN17 2PY

REGISTERED NUMBER:

10065178 (England and Wales)

ACCOUNTANTS:

McCabe Ford Williams

Bank Chambers

61 High Street

Cranbrook

Kent

TN17 3EG

FIXED ASSETS

Tangible assets

4

170,056

155,423

CURRENT ASSETS

Stocks

60,710

75,500

Debtors

5

87,093

77,336

Cash at bank

13,891

20,322

161,694

173,158

CREDITORS

Amounts falling due within one year

6

152,858

137,739

NET CURRENT ASSETS

8,836

35,419

TOTAL ASSETS LESS CURRENT LIABILITIES

178,892

190,842

CREDITORS

Amounts falling due after more than one year

7

(116,021

)

(108,523

)

PROVISIONS FOR LIABILITIES

8

(32,311

)

(38,856

)

NET ASSETS

30,560

43,463

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

30,460

43,363

SHAREHOLDERS' FUNDS

30,560

43,463

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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:

Mr R A Churcher - Director

1.	STATUTORY INFORMATION

Southern Forklift Services Limited 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

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

20% on cost

Plant and machinery

-

25% on reducing balance

Hire equipment

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Office and computer equipment

-

straight line over 3 years

Stocks

Stocks 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2025 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Hire

property

machinery

equipment

£

£

£

COST

At 1 April 2025

13,893

8,813

39,218

Additions

-

18,041

26,000

Disposals

-

-

(17,900

)

At 31 March 2026

13,893

26,854

47,318

DEPRECIATION

At 1 April 2025

13,893

6,659

25,194

Charge for year

-

4,255

4,205

Eliminated on disposal

-

-

(3,692

)

At 31 March 2026

13,893

10,914

25,707

NET BOOK VALUE

At 31 March 2026

-

15,940

21,611

At 31 March 2025

-

2,154

14,024

Office

and

Motor

computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2025

204,684

5,015

271,623

Additions

37,294

582

81,917

Disposals

(32,388

)

-

(50,288

)

At 31 March 2026

209,590

5,597

303,252

DEPRECIATION

At 1 April 2025

66,216

4,238

116,200

Charge for year

32,477

468

41,405

Eliminated on disposal

(20,717

)

-

(24,409

)

At 31 March 2026

77,976

4,706

133,196

NET BOOK VALUE

At 31 March 2026

131,614

891

170,056

At 31 March 2025

138,468

777

155,423

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

82,730

72,973

Other debtors

4,363

4,363

87,093

77,336

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

10,088

17,197

Hire purchase contracts

53,495

37,692

Trade creditors

61,111

39,909

Taxation and social security

24,314

36,032

Other creditors

3,850

6,909

152,858

137,739

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans

9,374

19,462

Hire purchase contracts

106,647

89,061

116,021

108,523

8.	PROVISIONS FOR LIABILITIES

31.3.26

31.3.25

£

£

Deferred tax

32,311

38,856

Deferred

tax

£

Balance at 1 April 2025

38,856

Accelerated capital allowances

(6,545

)

Balance at 31 March 2026

32,311

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

£

100

Ordinary

£1

100

100

10.	PENSION COMMITMENTS

Contributions by the company to the Automatic Enrolment pension scheme were £4,509 [2025: £4,507]. At the year end employer contributions of £30 [2025: £412] had not been paid across to the scheme.