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Company Registration No. 05992455 (England and Wales)
Southwaterstreet Ltd Unaudited accounts for the year ended 30 November 2024
Southwaterstreet Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Southwaterstreet Ltd Company Information for the year ended 30 November 2024
Director
Thomas Mckinney
Company Number
05992455 (England and Wales)
Registered Office
2a Glenfield Road Ashford Middlesex TW15 1JL
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Southwaterstreet Ltd Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
278,842 
285,872 
Current assets
Debtors
5
679,787 
475,980 
Cash at bank and in hand
663,074 
497,474 
1,342,861 
973,454 
Creditors: amounts falling due within one year
6
(1,372,459)
(1,128,305)
Net current liabilities
(29,598)
(154,851)
Total assets less current liabilities
249,244 
131,021 
Creditors: amounts falling due after more than one year
7
161,106 
109,125 
Net assets
410,350 
240,146 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
410,349 
240,145 
Shareholders' funds
410,350 
240,146 
For the year ending 30 November 2024 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 November 2025 and were signed on its behalf by
Thomas Mckinney Director Company Registration No. 05992455
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Southwaterstreet Ltd Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
Southwaterstreet Ltd is a private company, limited by shares, registered in England and Wales, registration number 05992455. The registered office is 2a Glenfield Road, Ashford, Middlesex, TW15 1JL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2023
435,083 
173,082 
608,165 
Additions
- 
20,053 
20,053 
At 30 November 2024
435,083 
193,135 
628,218 
Depreciation
At 1 December 2023
322,293 
- 
322,293 
Charge for the year
27,083 
- 
27,083 
At 30 November 2024
349,376 
- 
349,376 
Net book value
At 30 November 2024
85,707 
193,135 
278,842 
At 30 November 2023
112,790 
173,082 
285,872 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
313,541 
173,730 
Other debtors
366,246 
302,250 
679,787 
475,980 
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Southwaterstreet Ltd Notes to the Accounts for the year ended 30 November 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
33,119 
37,245 
Obligations under finance leases and hire purchase contracts
32,705 
32,705 
Trade creditors
983,980 
896,464 
Taxes and social security
255,488 
184,823 
Other creditors
(32,833)
(27,932)
Accruals
100,000 
5,000 
1,372,459 
1,128,305 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
11,722 
14,470 
Obligations under finance leases and hire purchase contracts
(172,828)
(123,595)
(161,106)
(109,125)
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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