Southern Stronghold Limited - Abbreviated accounts 16.3

Southern Stronghold Limited - Abbreviated accounts 16.3


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REGISTERED NUMBER: 02500785










ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31ST MARCH 2016

FOR

SOUTHERN STRONGHOLD LIMITED

SOUTHERN STRONGHOLD LIMITED (REGISTERED NUMBER: 02500785)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31ST MARCH 2016










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

SOUTHERN STRONGHOLD LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2016







DIRECTORS: Mr. J J Chantler
Mrs A M Chantler





SECRETARY: Mrs A M Chantler





REGISTERED OFFICE: 6 South Parade
Salisbury Road
Totton
Hampshire
SO40 3PY





REGISTERED NUMBER: 02500785

SOUTHERN STRONGHOLD LIMITED (REGISTERED NUMBER: 02500785)

ABBREVIATED BALANCE SHEET
31ST MARCH 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 225,311 192,711

CURRENT ASSETS
Stocks 371,980 332,095
Debtors 74,809 69,987
Cash at bank and in hand 284,798 326,160
731,587 728,242
CREDITORS
Amounts falling due within one year 116,612 97,549
NET CURRENT ASSETS 614,975 630,693
TOTAL ASSETS LESS CURRENT
LIABILITIES

840,286

823,404

PROVISIONS FOR LIABILITIES 817 817
NET ASSETS 839,469 822,587

CAPITAL AND RESERVES
Called up share capital 3 156,916 156,916
Profit and loss account 682,553 665,671
SHAREHOLDERS' FUNDS 839,469 822,587

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2016 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.

SOUTHERN STRONGHOLD LIMITED (REGISTERED NUMBER: 02500785)

ABBREVIATED BALANCE SHEET - continued
31ST MARCH 2016


The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 21st December 2016 and were signed on its behalf
by:





Mr. J J Chantler - Director


SOUTHERN STRONGHOLD LIMITED (REGISTERED NUMBER: 02500785)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31ST MARCH 2016


1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the
Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover
Turnover represents the revenue generated by the company's operating activities, excluding value added tax.

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

Land and buildings - 2% on cost
Plant and machinery etc - at varying rates on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods
different from those in which they are included in the company's accounts. Deferred tax is provided in full on
timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates
that are expected to apply when the timing differences reverse, based on current tax rates and laws.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1st April 2015 297,604
Additions 39,820
Disposals (12,821 )
At 31st March 2016 324,603
DEPRECIATION
At 1st April 2015 104,893
Charge for year 7,220
Eliminated on disposal (12,821 )
At 31st March 2016 99,292
NET BOOK VALUE
At 31st March 2016 225,311
At 31st March 2015 192,711

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
156,916 Ordinary £1 156,916 156,916

SOUTHERN STRONGHOLD LIMITED (REGISTERED NUMBER: 02500785)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31ST MARCH 2016


4. ULTIMATE PARENT COMPANY

The company's immediate and ultimate parent company is Stronghold Trading Group Ltd (formerly Floorbox
Ltd) which is incorporated in England (registered number 4668960).

Copies of its accounts are available from Companies House, Cardiff.

5. ULTIMATE CONTROLLING PARTY

The company is controlled and ultimately controlled by Mr J J Chantler, by virtue of his shareholding in its
parent company.