IRIS Accounts Production v23.3.0.418 10525209 director 1.4.22 31.3.23 31.3.23 0 0 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh105252092022-03-31105252092023-03-31105252092022-04-012023-03-31105252092021-03-31105252092021-04-012022-03-31105252092022-03-3110525209ns10:Originalns15:EnglandWales2022-04-012023-03-3110525209ns14:PoundSterlingns10:Original2022-04-012023-03-3110525209ns10:Originalns10:Director12022-04-012023-03-3110525209ns10:Original2022-04-012023-03-3110525209ns10:Original2023-03-3110525209ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3110525209ns10:Originalns10:SmallEntities2022-04-012023-03-3110525209ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3110525209ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3110525209ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3110525209ns10:Originalns10:FullAccounts2022-04-012023-03-3110525209ns10:Original2021-04-012022-03-3110525209ns10:Originalns10:OrdinaryShareClass12022-04-012023-03-3110525209ns10:Original2022-03-3110525209ns10:Originalns5:CurrentFinancialInstruments2023-03-3110525209ns10:Originalns5:CurrentFinancialInstruments2022-03-3110525209ns5:ShareCapitalns10:Original2023-03-3110525209ns5:ShareCapitalns10:Original2022-03-3110525209ns10:Originalns5:FurtherSpecificReserve1ComponentTotalEquity2023-03-3110525209ns10:Originalns5:FurtherSpecificReserve1ComponentTotalEquity2022-03-3110525209ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3110525209ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3110525209ns10:Originalns10:RegisteredOffice2022-04-012023-03-3110525209ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3110525209ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-3110525209ns10:Originalns10:OrdinaryShareClass12023-03-3110525209ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3110525209ns10:Originalns5:FurtherSpecificReserve1ComponentTotalEquity2022-03-3110525209ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-04-012023-03-31
REGISTERED NUMBER: 10525209 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

SALTY SCRATCHINGS INVESTMENTS LTD

SALTY SCRATCHINGS INVESTMENTS LTD (REGISTERED NUMBER: 10525209)

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










Page

Statement of Financial Position 1

Notes to the Financial Statements 3


SALTY SCRATCHINGS INVESTMENTS LTD (REGISTERED NUMBER: 10525209)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 25,663,525 26,938,142

CURRENT ASSETS
Debtors 5 195,442 448,406
Cash at bank 145,771 544,816
341,213 993,222
CREDITORS
Amounts falling due within one year 6 24,197,855 24,329,842
NET CURRENT LIABILITIES (23,856,642 ) (23,336,620 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,806,883

3,601,522

CAPITAL AND RESERVES
Called up share capital 7 100 100
Other reserves 8 (586,195 ) (1,911,443 )
Retained earnings 8 2,392,978 5,512,865
SHAREHOLDERS' FUNDS 1,806,883 3,601,522

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 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.

SALTY SCRATCHINGS INVESTMENTS LTD (REGISTERED NUMBER: 10525209)

STATEMENT OF FINANCIAL POSITION - 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 October 2023 and were signed by:





N R Astley - Director


SALTY SCRATCHINGS INVESTMENTS LTD (REGISTERED NUMBER: 10525209)

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


1. STATUTORY INFORMATION

Salty Scratchings Investments Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 10525209

Registered office: 368 Forest Road
London
E17 5JF

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Going concern
The financial statements have been prepared on the going concern basis which the Directors believe to be appropriate. The Directors have provided the company with an undertaking that for at least twelve months from the date of approval of these financial statements that they will continue to make available such funds as are needed by the Company to enable the Company to continue in operational existence.

SALTY SCRATCHINGS INVESTMENTS LTD (REGISTERED NUMBER: 10525209)

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


3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS

The investment portfolio is revalued at fair value through profit and loss.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 195,442 448,406

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security - 85,976
Other creditors 24,197,855 24,243,866
24,197,855 24,329,842

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

8. RESERVES
Retained Other
earnings reserves Totals
£    £    £   

At 1 April 2022 5,512,865 (1,911,443 ) 3,601,422
Deficit for the year (1,794,639 ) - (1,794,639 )
Transfer (1,325,248 ) 1,325,248 -
At 31 March 2023 2,392,978 (586,195 ) 1,806,783

9. RELATED PARTY DISCLOSURES

Included in other creditors is the amount of £18,324,545 (2022: £18,364,545) owed to N R Astley, the director and controlling party and the amount of £5,800,000 (2022: £5,800,000) owed to Yeltsa Ltd, a company in which N R Astley is a director and controlling party.

SALTY SCRATCHINGS INVESTMENTS LTD (REGISTERED NUMBER: 10525209)

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


10. CONNECTED COMPANIES

A company having the same or predominantly the same shareholders and/or Board of Directors but which is neither a parent, subsidiary, fellow subsidiary or associated company. Any trading activities between such companies have been at arm's length.