IRIS Accounts Production v23.3.0.418 04261853 director 1.8.22 31.7.23 31.7.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh042618532022-07-31042618532023-07-31042618532022-08-012023-07-31042618532021-07-31042618532021-08-012022-07-31042618532022-07-3104261853ns10:Originalns15:EnglandWales2022-08-012023-07-3104261853ns14:PoundSterlingns10:Original2022-08-012023-07-3104261853ns10:Originalns10:Director12022-08-012023-07-3104261853ns10:Original2022-08-012023-07-3104261853ns10:Original2023-07-3104261853ns10:Originalns10:PrivateLimitedCompanyLtd2022-08-012023-07-3104261853ns10:Originalns10:SmallEntities2022-08-012023-07-3104261853ns10:Originalns10:AuditExempt-NoAccountantsReport2022-08-012023-07-3104261853ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-08-012023-07-3104261853ns10:SmallCompaniesRegimeForAccountsns10:Original2022-08-012023-07-3104261853ns10:Originalns10:FullAccounts2022-08-012023-07-3104261853ns10:Original12022-08-012023-07-3104261853ns10:CompanySecretary1ns10:Original2022-08-012023-07-3104261853ns10:Originalns10:RegisteredOffice2022-08-012023-07-3104261853ns10:Original2022-07-3104261853ns10:Originalns5:CurrentFinancialInstruments2023-07-3104261853ns10:Originalns5:CurrentFinancialInstruments2022-07-3104261853ns5:ShareCapitalns10:Original2023-07-3104261853ns5:ShareCapitalns10:Original2022-07-3104261853ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-07-3104261853ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-07-3104261853ns10:Originalns5:NetGoodwill2022-08-012023-07-3104261853ns10:Originalns5:FurnitureFittings2022-08-012023-07-3104261853ns10:Original2021-08-012022-07-3104261853ns10:Originalns5:NetGoodwill2022-07-3104261853ns10:Originalns5:NetGoodwill2023-07-3104261853ns10:Originalns5:NetGoodwill2022-07-3104261853ns10:Originalns5:FurnitureFittings2022-07-3104261853ns10:Originalns5:FurnitureFittings2023-07-3104261853ns10:Originalns5:FurnitureFittings2022-07-3104261853ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-07-3104261853ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-07-31
REGISTERED NUMBER: 04261853 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

FOR

SLD ACCOUNTING LIMITED

SLD ACCOUNTING LIMITED (REGISTERED NUMBER: 04261853)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SLD ACCOUNTING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTOR: S L Davies





SECRETARY: S L Davies





REGISTERED OFFICE: 5 Capel Terrace
Llanelli
Carmarthenshire
SA15 1QA





REGISTERED NUMBER: 04261853 (England and Wales)





ACCOUNTANTS: Charles & Co
Chartered Certified Accountants
3 Murray Street
Llanelli
Carmarthenshire
SA15 1AQ

SLD ACCOUNTING LIMITED (REGISTERED NUMBER: 04261853)

BALANCE SHEET
31 JULY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1,708 3,416
Tangible assets 5 554 692
2,262 4,108

CURRENT ASSETS
Stocks 1,900 1,200
Debtors 6 14,128 10,548
Cash at bank and in hand 6,870 16,853
22,898 28,601
CREDITORS
Amounts falling due within one year 7 3,169 2,084
NET CURRENT ASSETS 19,729 26,517
TOTAL ASSETS LESS CURRENT
LIABILITIES

21,991

30,625

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 21,891 30,525
SHAREHOLDERS' FUNDS 21,991 30,625

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 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 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 director and authorised for issue on 5 October 2023 and were signed by:




S L Davies - Director


SLD ACCOUNTING LIMITED (REGISTERED NUMBER: 04261853)

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

1. STATUTORY INFORMATION

SLD Accounting 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.

Goodwill
Goodwill is being amortised over a period of fifteen years in line with its expected useful economic life.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

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 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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

SLD ACCOUNTING LIMITED (REGISTERED NUMBER: 04261853)

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2022
and 31 July 2023 17,934
AMORTISATION
At 1 August 2022 14,518
Charge for year 1,708
At 31 July 2023 16,226
NET BOOK VALUE
At 31 July 2023 1,708
At 31 July 2022 3,416

5. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 August 2022
and 31 July 2023 4,089
DEPRECIATION
At 1 August 2022 3,397
Charge for year 138
At 31 July 2023 3,535
NET BOOK VALUE
At 31 July 2023 554
At 31 July 2022 692

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 13,353 9,773
Prepayments and accrued income 775 775
14,128 10,548

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Social security and other taxes 331 102
Directors' loan accounts 2,838 1,982
3,169 2,084