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REGISTERED NUMBER: SC625966 (Scotland)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

SLD Group Holdings Limited

SLD Group Holdings Limited (Registered number: SC625966)






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


SLD Group Holdings Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: L J Dalgarno
Mrs S L Dalgarno





REGISTERED OFFICE: 40 Redwood Avenue
Milton Of Leys
Inverness
IV2 6HA





REGISTERED NUMBER: SC625966 (Scotland)






SLD Group Holdings Limited (Registered number: SC625966)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 300 100,300

CURRENT ASSETS
Debtors 5 578,696 301,000
Cash at bank and in hand 209,592 18,372
788,288 319,372
CREDITORS
Amounts falling due within one year 6 726,608 421,800
NET CURRENT ASSETS/(LIABILITIES) 61,680 (102,428 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

61,980

(2,128

)

CAPITAL AND RESERVES
Called up share capital 7 200 500
Retained earnings 61,780 (2,628 )
SHAREHOLDERS' FUNDS 61,980 (2,128 )

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.

SLD Group Holdings Limited (Registered number: SC625966)

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 November 2023 and were signed on its behalf by:




L J Dalgarno - Director



Mrs S L Dalgarno - Director


SLD Group Holdings Limited (Registered number: SC625966)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

SLD Group Holdings Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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" and the companies Act 2006.
The financial statements have been prepared under historical cost convention, modified to include certain financial instruments at fair value. The principal accounting policies adopted are set out below.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

SLD Group Holdings Limited (Registered number: SC625966)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

2. ACCOUNTING POLICIES - continued

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortized cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortized.

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities
Basic financial liabilities, including creditors, loans from fellow group companies are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortized.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortized cost using the effective interest method.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.


SLD Group Holdings Limited (Registered number: SC625966)

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. FIXED ASSET INVESTMENTS

31.3.23 31.3.22
£    £   
Shares in group undertakings 300 300
Other investments not loans - 100,000
300 100,300

Additional information is as follows:
Shares in
group
undertakings
£   
COST
At 1 April 2022
and 31 March 2023 300
NET BOOK VALUE
At 31 March 2023 300
At 31 March 2022 300

Investments (neither listed nor unlisted) were as follows:
31.3.23 31.3.22
£    £   
Other investments - 100,000

SLD Group Holdings Limited (Registered number: SC625966)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Amounts owed by group undertakings 900 1,000
Other debtors 577,796 300,000
578,696 301,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Amounts owed to group undertakings 671,200 421,000
Tax 15,108 -
Other creditors 40,000 -
Directors' current accounts - 200
Accruals and deferred income - 600
Accrued expenses 300 -
726,608 421,800

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
500 Ordinary 1 200 500

8. RELATED PARTY DISCLOSURES

Included in other debtors is an amount of £300,000 (2022:£300,000) owed by CBHS Ventures Ltd, £177,796 (2022:Nil) by Daljo Group Holdings Ltd, companies related to the directors Mr L Dalgarno and Mrs S Dalgarno.

Included in other creditors is an amount of £40,000 (2022:Nil) owed to Ness Holdings Ltd, a company related to the directors Mr L Dalgarno and Mrs S Dalgarno.

9. ULTIMATE CONTROLLING PARTY

The company's ultimate controlling parties are Liam Dalgarno and Sharon Dalgarno by virtue of their directorship and shareholding..