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REGISTERED NUMBER: 11766116 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2023

FOR

PINK SALT LIMITED

PINK SALT LIMITED (REGISTERED NUMBER: 11766116)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PINK SALT LIMITED

COMPANY INFORMATION
for the Year Ended 31st January 2023







Directors: Ms S Chaudhri
A S Chaudhri





Registered office: 15 Weygates Drive
Altrincham
United Kingdom
WA15 0BW





Registered number: 11766116 (England and Wales)





Accountants: DBF Associates
Chartered Accountants
South Cheetham B C
10 Park Place
Manchester
Lancashire
M4 4EY

PINK SALT LIMITED (REGISTERED NUMBER: 11766116)

BALANCE SHEET
31st January 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Tangible assets 4 1,339 940
Investment property 5 378,445 378,445
379,784 379,385

Current assets
Cash at bank 274,491 442,225

Creditors
Amounts falling due within one year 6 390,386 413,569
Net current (liabilities)/assets (115,895 ) 28,656
Total assets less current liabilities 263,889 408,041

Creditors
Amounts falling due after more than one
year

7

257,831

363,169
Net assets 6,058 44,872

Capital and reserves
Called up share capital 8 2 2
Retained earnings 6,056 44,870
Shareholders' funds 6,058 44,872

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

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

PINK SALT LIMITED (REGISTERED NUMBER: 11766116)

BALANCE SHEET - continued
31st January 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 16th October 2023 and were signed on its behalf by:





A S Chaudhri - Director


PINK SALT LIMITED (REGISTERED NUMBER: 11766116)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st January 2023

1. Statutory information

Pink Salt 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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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 3 (2022 - 3 ) .

PINK SALT LIMITED (REGISTERED NUMBER: 11766116)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st January 2023

4. Tangible fixed assets
Equipment
£   
Cost
At 1st February 2022 1,329
Additions 975
At 31st January 2023 2,304
Depreciation
At 1st February 2022 389
Charge for year 576
At 31st January 2023 965
Net book value
At 31st January 2023 1,339
At 31st January 2022 940

5. Investment property
Total
£   
Fair value
At 1st February 2022
and 31st January 2023 378,445
Net book value
At 31st January 2023 378,445
At 31st January 2022 378,445

6. Creditors: amounts falling due within one year
2023 2022
£    £   
Trade creditors 1 1
Tax - 10,386
Social security and other taxes 157 684
Directors' loan accounts 389,028 401,298
Accrued expenses 1,200 1,200
390,386 413,569

7. Creditors: amounts falling due after more than one year
2023 2022
£    £   
Bounce back loan 42,001 47,092
Bank loans 215,830 316,077
257,831 363,169

PINK SALT LIMITED (REGISTERED NUMBER: 11766116)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st January 2023

7. Creditors: amounts falling due after more than one year - continued
2023 2022
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans 215,830 316,077

8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 ordinary 1 2 2