Southern Locomotives Engineering Limited

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

Registered number: 03114106

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		33,697		43,420

			33,697		43,420
CURRENT ASSETS
Debtors	5	40,694		55,601
Cash at bank and in hand		222		7,500

		40,916		63,101
Creditors: Amounts Falling Due Within One Year	6	(58,474 )		(86,142 )

NET CURRENT ASSETS (LIABILITIES)			(17,558 )		(23,041 )

TOTAL ASSETS LESS CURRENT LIABILITIES			16,139		20,379

Creditors: Amounts Falling Due After More Than One Year	7		-		(5,000 )

NET ASSETS			16,139		15,379

CAPITAL AND RESERVES
Called up share capital	8		72,500		72,500
Profit and Loss Account			(56,361 )		(57,121 )

SHAREHOLDERS' FUNDS			16,139		15,379

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Southern Locomotives Engineering Limited

Balance Sheet (continued)

As At 31 January 2026

For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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 Jonathan Cleverdon

Director

16 September 2026

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

1. General Information

Southern Locomotives Engineering Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03114106 . The registered office is 7 The Broadway, Broadstairs, Kent, CT10 2AD.

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 represents invoiced sales of goods and services, net of VAT.

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 cost
Motor Vehicles	25% on cost
Computer Equipment	33% on cost

2.4. 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 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 is provided on the liability method to take into account of timing differences between the treatment of

certain items for accounts purposes and their treatment for tax purposes.

Current or deferred taxation assets and liabilities are not discounted.

2.5. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2025: 5)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 February 2025	59,768	31,872	2,070	93,710
Additions	4,936	133	108	5,177

As at 31 January 2026	64,704	32,005	2,178	98,887

Depreciation
As at 1 February 2025	47,345	875	2,070	50,290
Provided during the period	6,869	8,001	30	14,900

As at 31 January 2026	54,214	8,876	2,100	65,190

...CONTINUED

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Southern Locomotives Engineering Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

Net Book Value
As at 31 January 2026	10,490	23,129	78	33,697

As at 1 February 2025	12,423	30,997	-	43,420

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	-	17,044
Prepayments and accrued income	11,162	11,199
Other debtors	-	875
VAT	7,122	19,786
Amounts owed by group undertakings	22,410	6,697

	40,694	55,601

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	43,317	57,861
Bank loans and overdrafts	11,196	10,000
Other taxes and social security	1,855	3,089
Other creditors	435	706
Accruals and deferred income	1,566	1,893
Directors' loan accounts	105	-
Amounts owed to group undertakings	-	12,593

	58,474	86,142

7. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	-	5,000

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	72,500	72,500

9. Ultimate Controlling Party

The company's ultimate controlling party is Southern Locomotives Limited by virtue of their ownership of 100% of the issued share capital in the company.

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