Southgate Office Management Limited - Accounts to registrar (filleted) - small 22.3

Southgate Office Management Limited - Accounts to registrar (filleted) - small 22.3

SOUTHGATE OFFICE MANAGEMENT LIMITED - Company Information

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IRIS Accounts Production v22.4.0.132 06867708 director 1.5.21 30.4.22 30.4.22 false true false false true false Ordinary share 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure068677082021-04-30068677082022-04-30068677082021-05-012022-04-30068677082020-04-30068677082020-05-012021-04-30068677082021-04-3006867708ns16:EnglandWales2021-05-012022-04-3006867708ns15:PoundSterling2021-05-012022-04-3006867708ns11:Director12021-05-012022-04-3006867708ns11:PrivateLimitedCompanyLtd2021-05-012022-04-3006867708ns11:SmallEntities2021-05-012022-04-3006867708ns11:AuditExempt-NoAccountantsReport2021-05-012022-04-3006867708ns11:SmallCompaniesRegimeForDirectorsReport2021-05-012022-04-3006867708ns11:SmallCompaniesRegimeForAccounts2021-05-012022-04-3006867708ns11:FullAccounts2021-05-012022-04-3006867708ns11:OrdinaryShareClass12021-05-012022-04-3006867708ns11:RegisteredOffice2021-05-012022-04-3006867708ns6:CurrentFinancialInstruments2022-04-3006867708ns6:CurrentFinancialInstruments2021-04-3006867708ns6:Non-currentFinancialInstruments2022-04-3006867708ns6:Non-currentFinancialInstruments2021-04-3006867708ns6:ShareCapital2022-04-3006867708ns6:ShareCapital2021-04-3006867708ns6:RetainedEarningsAccumulatedLosses2022-04-3006867708ns6:RetainedEarningsAccumulatedLosses2021-04-3006867708ns6:WithinOneYearns6:CurrentFinancialInstruments2022-04-3006867708ns6:WithinOneYearns6:CurrentFinancialInstruments2021-04-3006867708ns6:BetweenTwoFiveYearsns6:Non-currentFinancialInstruments2022-04-3006867708ns6:BetweenTwoFiveYearsns6:Non-currentFinancialInstruments2021-04-3006867708ns11:OrdinaryShareClass12022-04-30
REGISTERED NUMBER: 06867708 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2022

FOR

SOUTHGATE OFFICE MANAGEMENT LIMITED
SOUTHGATE OFFICE MANAGEMENT LIMITED (REGISTERED NUMBER: 06867708)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2022










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SOUTHGATE OFFICE MANAGEMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2022







DIRECTOR: Mr T Tsirtsipis





REGISTERED OFFICE: Solar House
282 Chase Road
Southgate
London
N14 6NZ





REGISTERED NUMBER: 06867708 (England and Wales)





ACCOUNTANTS: Freemans Partnership LLP
Chartered Certifed Accountants
Solar House
282 Chase Road
London
N14 6NZ
Page 1
SOUTHGATE OFFICE MANAGEMENT LIMITED (REGISTERED NUMBER: 06867708)

BALANCE SHEET
30 APRIL 2022

30.4.22 30.4.21
Notes £    £   
CURRENT ASSETS
Debtors 4 166,610 173,361
Cash at bank 1,346 1,472
167,956 174,833
CREDITORS
Amounts falling due within one year 5 31,422 28,828
NET CURRENT ASSETS 136,534 146,005
TOTAL ASSETS LESS CURRENT
LIABILITIES
136,534
146,005

CREDITORS
Amounts falling due after more than one
year
6
38,199
46,643
NET ASSETS 98,335 99,362

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 98,334 99,361
SHAREHOLDERS' FUNDS 98,335 99,362

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 notes form part of these financial statements

Page 2 continued...
SOUTHGATE OFFICE MANAGEMENT LIMITED (REGISTERED NUMBER: 06867708)

BALANCE SHEET - continued
30 APRIL 2022


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 January 2023 and were signed by:





Mr T Tsirtsipis - Director


The notes form part of these financial statements

Page 3
SOUTHGATE OFFICE MANAGEMENT LIMITED (REGISTERED NUMBER: 06867708)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2022


1. STATUTORY INFORMATION

Southgate Office Management 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.

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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

Government grants
Government grants represent income received in the form of the Job Retention Scheme (JRS). The Government Grant also represents the first year of interest for the company on the Bounce Back Loan (BBL) it received during the year.

The grants are recognised on the accruals basis in the same period as the expenditure that it is expected to compensate for.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.22 30.4.21
£    £   
Trade debtors 54,969 50,030
Other debtors 111,641 123,331
166,610 173,361

Page 4 continued...
SOUTHGATE OFFICE MANAGEMENT LIMITED (REGISTERED NUMBER: 06867708)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2022


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.22 30.4.21
£    £   
Tax 1,599 7,424
Social security and other taxes 2,564 3,307
VAT 1,060 557
Trade creditors 18,199 13,540
Accrued expenses 8,000 4,000
31,422 28,828

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.22 30.4.21
£    £   
Bank loans (see note 7) 38,199 46,643

7. LOANS

An analysis of the maturity of loans is given below:

30.4.22 30.4.21
£    £   
Amounts falling due between two and five years:
Bank loans - 2-5 years 38,199 46,643

8. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 30.4.22 30.4.21
value: £    £   
1 Ordinary share £1 1 1

Page 5