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Company Registration No. 10568654 (England and Wales)
SL VENTURE INVESTMENTS LTD Unaudited accounts for the year ended 31 January 2023
SL VENTURE INVESTMENTS LTD Unaudited accounts Contents
Page
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SL VENTURE INVESTMENTS LTD Company Information for the year ended 31 January 2023
Director
Liaqat Ali
Company Number
10568654 (England and Wales)
Registered Office
5 HIGHGATE BUSINESS CENTRE HIGHGATE ROAD BIRMINGHAM B12 8EA ENGLAND
Accountants
Mayfield 1st Floor, 5 Highgate Business Centre Highgate Road Birmingham B12 8EA
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SL VENTURE INVESTMENTS LTD Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
47,508 
- 
Current assets
Inventories
6,594 
- 
Debtors
58,000 
58,000 
Cash at bank and in hand
142,827 
46 
207,421 
58,046 
Creditors: amounts falling due within one year
(131,326)
(52,348)
Net current assets
76,095 
5,698 
Total assets less current liabilities
123,603 
5,698 
Creditors: amounts falling due after more than one year
(81,096)
- 
Net assets
42,507 
5,698 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
42,407 
5,598 
Shareholders' funds
42,507 
5,698 
For the year ending 31 January 2023 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 8 June 2023 and were signed on its behalf by
Liaqat Ali Director Company Registration No. 10568654
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SL VENTURE INVESTMENTS LTD Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
SL VENTURE INVESTMENTS LTD is a private company, limited by shares, registered in England and Wales, registration number 10568654. The registered office is 5 HIGHGATE BUSINESS CENTRE, HIGHGATE ROAD, BIRMINGHAM, B12 8EA, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
At 18% reducing balance basis
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 February 2022
- 
Additions
57,937 
At 31 January 2023
57,937 
Depreciation
Charge for the year
10,429 
At 31 January 2023
10,429 
Net book value
At 31 January 2023
47,508 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
58,000 
58,000 
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SL VENTURE INVESTMENTS LTD Notes to the Accounts for the year ended 31 January 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
31,499 
900 
Taxes and social security
86,228 
2,259 
Other creditors
13,599 
- 
Loans from directors
- 
49,189 
131,326 
52,348 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Loans from directors
81,096 
- 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 13 (2022: 0).
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