IRIS Accounts Production v23.3.0.418 12422833 Board of Directors Board of Directors 1.4.22 31.3.23 31.3.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh124228332022-03-31124228332023-03-31124228332022-04-012023-03-31124228332021-03-31124228332021-04-012022-03-31124228332022-03-3112422833ns10:Originalns15:EnglandWales2022-04-012023-03-3112422833ns14:PoundSterlingns10:Original2022-04-012023-03-3112422833ns10:Originalns10:Director12022-04-012023-03-3112422833ns10:Original2022-04-012023-03-3112422833ns10:Originalns10:Director22022-04-012023-03-3112422833ns10:Original2023-03-3112422833ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3112422833ns10:Originalns10:SmallEntities2022-04-012023-03-3112422833ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3112422833ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3112422833ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3112422833ns10:Originalns10:FullAccounts2022-04-012023-03-3112422833ns10:Original12022-04-012023-03-3112422833ns10:Originalns10:Director32022-04-012023-03-3112422833ns10:Originalns10:Director42022-04-012023-03-3112422833ns10:Originalns10:RegisteredOffice2022-04-012023-03-3112422833ns10:Original2022-03-3112422833ns10:Originalns5:CurrentFinancialInstruments2023-03-3112422833ns10:Originalns5:CurrentFinancialInstruments2022-03-3112422833ns10:Originalns5:Non-currentFinancialInstruments2023-03-3112422833ns10:Originalns5:Non-currentFinancialInstruments2022-03-3112422833ns5:ShareCapitalns10:Original2023-03-3112422833ns5:ShareCapitalns10:Original2022-03-3112422833ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3112422833ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3112422833ns10:Originalns5:NetGoodwill2022-04-012023-03-3112422833ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-04-012023-03-3112422833ns10:Originalns5:PlantMachinery2022-04-012023-03-3112422833ns10:Originalns5:FurnitureFittings2022-04-012023-03-3112422833ns10:Originalns5:MotorVehicles2022-04-012023-03-3112422833ns10:Originalns5:ComputerEquipment2022-04-012023-03-3112422833ns10:Original2021-04-012022-03-3112422833ns10:Originalns5:NetGoodwill2022-03-3112422833ns10:Originalns5:NetGoodwill2023-03-3112422833ns10:Originalns5:NetGoodwill2022-03-3112422833ns10:Originalns5:PlantMachinery2022-03-3112422833ns10:Originalns5:FurnitureFittings2022-03-3112422833ns10:Originalns5:MotorVehicles2022-03-3112422833ns10:Originalns5:ComputerEquipment2022-03-3112422833ns10:Original2022-03-3112422833ns10:Originalns5:PlantMachinery2023-03-3112422833ns10:Originalns5:FurnitureFittings2023-03-3112422833ns10:Originalns5:MotorVehicles2023-03-3112422833ns10:Originalns5:ComputerEquipment2023-03-3112422833ns10:Originalns5:PlantMachinery2022-03-3112422833ns10:Originalns5:FurnitureFittings2022-03-3112422833ns10:Originalns5:MotorVehicles2022-03-3112422833ns10:Originalns5:ComputerEquipment2022-03-3112422833ns10:Originalns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-03-3112422833ns10:Originalns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-04-012023-03-3112422833ns10:Originalns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-03-3112422833ns10:Originalns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-03-3112422833ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3112422833ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-3112422833ns10:Originalns10:Director222022-03-3112422833ns10:Originalns10:Director222021-03-3112422833ns10:Originalns10:Director222022-04-012023-03-3112422833ns10:Originalns10:Director222021-04-012022-03-3112422833ns10:Originalns10:Director222023-03-3112422833ns10:Originalns10:Director222022-03-3112422833ns10:Original1ns10:Director12022-03-3112422833ns10:Original1ns10:Director12021-03-3112422833ns10:Original1ns10:Director12022-04-012023-03-3112422833ns10:Original1ns10:Director12021-04-012022-03-3112422833ns10:Original1ns10:Director12023-03-3112422833ns10:Original1ns10:Director12022-03-31
REGISTERED NUMBER: 12422833 (England and Wales)













FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

SLIDEPODS LTD

SLIDEPODS LTD (REGISTERED NUMBER: 12422833)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SLIDEPODS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: Mr J Ashworth
Mrs J M Ashworth
Mr R J Griffiths
Mrs M P A Griffiths



REGISTERED OFFICE: Unit 3 King Charles Business Park
Old Newton Road
Heathfield
Newton Abbot
Devon
TQ12 6UT



REGISTERED NUMBER: 12422833 (England and Wales)



ACCOUNTANTS: Marsland Nash Associates
Chartered Tax Advisers, Accountants
and Business Consultants
Vantage Point House
Silverhills Road
Decoy Industrial Estate
Newton Abbot
Devon
TQ12 5ND



BANKERS: ClearBank Ltd
4th Floor
Prologue Works
25 Marsh Street
Bristol
BS1 4AX

SLIDEPODS LTD (REGISTERED NUMBER: 12422833)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 135,000 142,500
Tangible assets 5 51,463 30,278
186,463 172,778

CURRENT ASSETS
Stocks 6 42,048 164,980
Debtors 7 9,550 4,421
Cash at bank 54,006 45,589
105,604 214,990
CREDITORS
Amounts falling due within one year 8 229,434 271,086
NET CURRENT LIABILITIES (123,830 ) (56,096 )
TOTAL ASSETS LESS CURRENT LIABILITIES 62,633 116,682

CREDITORS
Amounts falling due after more than one
year

9

(48,340

)

(56,655

)

PROVISIONS FOR LIABILITIES (9,778 ) (5,752 )
NET ASSETS 4,515 54,275

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 4,415 54,175
SHAREHOLDERS' FUNDS 4,515 54,275

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

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

SLIDEPODS LTD (REGISTERED NUMBER: 12422833)

BALANCE SHEET - continued
31 MARCH 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 October 2023 and were signed on its behalf by:




Mr R J Griffiths - Director



Mr J Ashworth - Director


SLIDEPODS LTD (REGISTERED NUMBER: 12422833)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023


1. STATUTORY INFORMATION

Slidepods Ltd 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.


SLIDEPODS LTD (REGISTERED NUMBER: 12422833)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


2. ACCOUNTING POLICIES - continued
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 year 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.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 10 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 150,000
AMORTISATION
At 1 April 2022 7,500
Amortisation for year 7,500
At 31 March 2023 15,000
NET BOOK VALUE
At 31 March 2023 135,000
At 31 March 2022 142,500

SLIDEPODS LTD (REGISTERED NUMBER: 12422833)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2022 1,908 727 34,981 2,531 40,147
Additions - 2,381 34,980 688 38,049
At 31 March 2023 1,908 3,108 69,961 3,219 78,196
DEPRECIATION
At 1 April 2022 382 109 8,745 633 9,869
Charge for year 305 450 15,304 805 16,864
At 31 March 2023 687 559 24,049 1,438 26,733
NET BOOK VALUE
At 31 March 2023 1,221 2,549 45,912 1,781 51,463
At 31 March 2022 1,526 618 26,236 1,898 30,278

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 April 2022 34,980
Additions 34,980
At 31 March 2023 69,960
DEPRECIATION
At 1 April 2022 8,745
Charge for year 15,304
At 31 March 2023 24,049
NET BOOK VALUE
At 31 March 2023 45,911
At 31 March 2022 26,235

6. STOCKS
2023 2022
£    £   
Stocks 5,000 34,980
Work-in-progress 37,048 130,000
42,048 164,980

SLIDEPODS LTD (REGISTERED NUMBER: 12422833)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 4,946 156
Tax - 427
Prepayments 4,604 3,838
9,550 4,421

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 8,315 8,315
Trade creditors 13,565 11,815
Social security and other taxes 2,094 195
VAT 27,888 34,373
Other creditors 71,145 107,205
Directors' current accounts 104,472 106,873
Accrued expenses 1,955 2,310
229,434 271,086

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 48,340 56,655

10. OTHER FINANCIAL COMMITMENTS

At 31/03/2023, the company has total commitments under non-cancellable operating leases over the remaining life of those leases of £7,250

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2023 and 31 March 2022:

2023 2022
£    £   
Mr J Ashworth
Balance outstanding at start of year (53,826 ) -
Amounts advanced 31,402 63,300
Amounts repaid (29,812 ) (117,126 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (52,236 ) (53,826 )

Mr R J Griffiths
Balance outstanding at start of year (53,047 ) -
Amounts advanced 33,535 64,207
Amounts repaid (32,724 ) (117,254 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (52,236 ) (53,047 )

SLIDEPODS LTD (REGISTERED NUMBER: 12422833)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

Loans are unsecured, interest free and repayable on demand.

12. RELATED PARTY DISCLOSURES

During the year, total dividends of £59,000 were paid to the directors .