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REGISTERED NUMBER: 14490374 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 17 NOVEMBER 2022 TO 30 JUNE 2023

FOR

SLATE GROUP LIMITED

SLATE GROUP LIMITED (REGISTERED NUMBER: 14490374)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 17 NOVEMBER 2022 TO 30 JUNE 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

SLATE GROUP LIMITED

COMPANY INFORMATION
FOR THE PERIOD 17 NOVEMBER 2022 TO 30 JUNE 2023







DIRECTORS: M Gould
M Nicholson





REGISTERED OFFICE: Unit 15-16 Airfield Approach Business Pk
Flookburgh
Grange-Over-Sands
United Kingdom
LA11 7NG





REGISTERED NUMBER: 14490374 (England and Wales)





ACCOUNTANTS: RfM Ulverston Ltd
Bellevue
Princes St
Ulverston
Cumbria
LA12 7NB

SLATE GROUP LIMITED (REGISTERED NUMBER: 14490374)

BALANCE SHEET
30 JUNE 2023

Notes £    £   
FIXED ASSETS
Tangible assets 4 378,499
Investments 5 201
378,700

CURRENT ASSETS
Debtors 6 158,978
Cash at bank 697,232
856,210
CREDITORS
Amounts falling due within one year 7 52,135
NET CURRENT ASSETS 804,075
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,182,775

CAPITAL AND RESERVES
Called up share capital 200
Retained earnings 1,182,575
1,182,775

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2023 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.

SLATE GROUP LIMITED (REGISTERED NUMBER: 14490374)

BALANCE SHEET - continued
30 JUNE 2023


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 October 2023 and were signed on its behalf by:




M Nicholson - Director



M Gould - Director


SLATE GROUP LIMITED (REGISTERED NUMBER: 14490374)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 17 NOVEMBER 2022 TO 30 JUNE 2023

1. STATUTORY INFORMATION

Slate Group 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.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

INVESTMENTS IN SUBSIDIARIES
Investments in subsidiary undertakings are recognised at cost.

TAXATION
Taxation for the period 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 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.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 .

SLATE GROUP LIMITED (REGISTERED NUMBER: 14490374)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 17 NOVEMBER 2022 TO 30 JUNE 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
Additions 350,000 30,399 380,399
At 30 June 2023 350,000 30,399 380,399
DEPRECIATION
Charge for period - 1,900 1,900
At 30 June 2023 - 1,900 1,900
NET BOOK VALUE
At 30 June 2023 350,000 28,499 378,499

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 201
At 30 June 2023 201
NET BOOK VALUE
At 30 June 2023 201

The company's investments at the Balance Sheet date in the share capital of companies include the following:

UK Slate Ltd
Registered office:
Nature of business: Slate Merchant
%
Class of shares: holding
Ordinary 100.00
30/6/23
£   
Aggregate capital and reserves 2,303,198
Profit for the period 946,282

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 156,478
Prepayments 2,500
158,978

SLATE GROUP LIMITED (REGISTERED NUMBER: 14490374)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 17 NOVEMBER 2022 TO 30 JUNE 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 108
Amounts owed to group undertakings 201
Corporation tax 24,764
VAT 26,062
Accrued expenses 1,000
52,135

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
SLATE GROUP LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Slate Group Limited for the period ended 30 June 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Slate Group Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Slate Group Limited and state those matters that we have agreed to state to the Board of Directors of Slate Group Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Slate Group Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Slate Group Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Slate Group Limited. You consider that Slate Group Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Slate Group Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






RfM Ulverston Ltd
Bellevue
Princes St
Ulverston
Cumbria
LA12 7NB


3 October 2023