Company Registration No. 14162004 (England and Wales)
Superlox Limited
Unaudited accounts
for the period from 22 June 2022 to 30 June 2023
Superlox Limited
Unaudited accounts
Contents
Superlox Limited
Company Information
for the period from 22 June 2022 to 30 June 2023
Directors
Dr Majd Protty
Dr Abdullah Hannoodee
Company Number
14162004 (England and Wales)
Registered Office
Crofton House Chepstow Road
Langstone
Newport
NP18 2LX
Wales
Accountants
Saccounts Limited
190 Cathedral Road
Cardiff
CF11 9JE
Superlox Limited
Statement of financial position
as at 30 June 2023
Investment property
297,426
Cash at bank and in hand
1,940
Creditors: amounts falling due within one year
(2,879)
Total assets less current liabilities
299,253
Creditors: amounts falling due after more than one year
(301,230)
Called up share capital
20
Profit and loss account
(1,997)
Shareholders' funds
(1,977)
For the period ending 30 June 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 directors acknowledge their 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 of Directors and authorised for issue on 1 February 2024 and were signed on its behalf by
Dr Abdullah Hannoodee
Director
Company Registration No. 14162004
Superlox Limited
Notes to the Accounts
for the period from 22 June 2022 to 30 June 2023
Superlox Limited is a private company, limited by shares, registered in England and Wales, registration number 14162004. The registered office is Crofton House Chepstow Road, Langstone, Newport, NP18 2LX, Wales.
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.
These financial statements for the period from 22 June 2022 to 30 June 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 22 June 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Amounts falling due within one year
Superlox Limited
Notes to the Accounts
for the period from 22 June 2022 to 30 June 2023
6
Creditors: amounts falling due within one year
2023
7
Creditors: amounts falling due after more than one year
2023
Loans from directors
301,230
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loans From Director
-
-
(269,193)
269,193
Loans from Director
-
-
(32,037)
32,037
At June 30th 2023 the company owed the directors £301,230. No interest is currently charged on the loans and there are no fixed terms of repayment. During the year no dividends were paid to the directors.
9
Average number of employees
During the period the average number of employees was 0.