Company Registration No. 10517036 (England and Wales)
Salt White Limited
Unaudited accounts
for the year ended 31 December 2022
Salt White Limited
Unaudited accounts
Contents
Salt White Limited
Company Information
for the year ended 31 December 2022
Company Number
10517036 (England and Wales)
Registered Office
238 Sandon Road
Stafford
Staffordshire
ST16 3HL
Accountants
Oxford Tax Solutions Limited
238 Sandon Road
Stafford
Staffordshire
ST16 3HL
Salt White Limited
Statement of financial position
as at 31 December 2022
Tangible assets
3,833
4,310
Cash at bank and in hand
270
257
Creditors: amounts falling due within one year
(126,925)
(198,323)
Net current liabilities
(47,149)
(120,361)
Total assets less current liabilities
(43,316)
(116,051)
Creditors: amounts falling due after more than one year
(215,961)
(136,439)
Net liabilities
(259,277)
(252,490)
Called up share capital
2
2
Profit and loss account
(259,279)
(252,492)
Shareholders' funds
(259,277)
(252,490)
For the year ending 31 December 2022 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 29 September 2023 and were signed on its behalf by
Richard Salt
Director
Company Registration No. 10517036
Salt White Limited
Notes to the Accounts
for the year ended 31 December 2022
Salt White Limited is a private company, limited by shares, registered in England and Wales, registration number 10517036. The registered office is 238 Sandon Road, Stafford, Staffordshire, ST16 3HL.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Fixtures & fittings
18% on the reducing balance
Computer equipment
33 1/3% Straight Line
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2022
11,135
5,837
16,972
At 31 December 2022
11,505
5,837
17,342
At 1 January 2022
6,826
5,836
12,662
Charge for the year
847
-
847
At 31 December 2022
7,673
5,836
13,509
At 31 December 2022
3,832
1
3,833
At 31 December 2021
4,309
1
4,310
Amounts falling due within one year
Salt White Limited
Notes to the Accounts
for the year ended 31 December 2022
6
Creditors: amounts falling due within one year
2022
2021
Trade creditors
82,167
157,675
Taxes and social security
36,095
33,116
7
Creditors: amounts falling due after more than one year
2022
2021
Other creditors
155,597
86,200
Loans from directors
38,203
27,501
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan Account
(27,501)
-
10,702
(38,203)
(27,501)
-
10,702
(38,203)
The Directors Loan Accounts is included in Creditors: amounts falling due after more than one year.
9
Average number of employees
During the year the average number of employees was 2 (2021: 2).