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REGISTERED NUMBER: SC417736 (Scotland)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

SLPC 2012 Limited

SLPC 2012 Limited (Registered number: SC417736)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

SLPC 2012 Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: M T Kayes
M Kayes





SECRETARY: WJM Secretaries Ltd





REGISTERED OFFICE: c/o Wright Johnston & MacKenzie LLP
302 St Vincent Street
Glasgow
G2 5RZ





REGISTERED NUMBER: SC417736 (Scotland)





ACCOUNTANTS: Sharles Ltd
Chartered Accountants
29 Brandon Street
Hamilton
ML3 6DA

SLPC 2012 Limited (Registered number: SC417736)

Balance Sheet
31 March 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Investments 5 379,196 341,289
Cash at bank 24,130 22,745
403,326 364,034
CREDITORS
Amounts falling due within one year 6 311,320 301,204
NET CURRENT ASSETS 92,006 62,830
TOTAL ASSETS LESS CURRENT
LIABILITIES

92,006

62,830

CAPITAL AND RESERVES
Called up share capital 30,851 30,851
Retained earnings 61,155 31,979
SHAREHOLDERS' FUNDS 92,006 62,830

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.

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 Board of Directors and authorised for issue on 7 February 2024 and were signed on its behalf by:





M T Kayes - Director


SLPC 2012 Limited (Registered number: SC417736)

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

1. STATUTORY INFORMATION

SLPC 2012 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

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 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.

4. EMPLOYEES AND DIRECTORS

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

5. CURRENT ASSET INVESTMENTS
2023 2022
£    £   
Kayes Family Partnership Current Account 379,196 341,289

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Tax 28,497 24,985
Other creditors 281,624 275,019
Accrued expenses 1,199 1,200
311,320 301,204

SLPC 2012 Limited (Registered number: SC417736)

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

7. RELATED PARTY DISCLOSURES

The company operates a loan account with the directors.
During the year, the directors advanced amounts totalling £8,395 to the company. At the year end, the balance due to the directors was £134,781 (2022: £143,176). This loan is unsecured, interest free and has no fixed repayment terms.


Harlow 2012 Limited
During the year SLPC 2012 Limited received £15,000 from Harlow 2012 Limited, a company which share common directors.The amount due to Harlow 2012 Limited at the year end is £146,843 (2022 - £131,843). This loan is unsecured, interest free and has no fixed repayment terms.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
SLPC 2012 Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of SLPC 2012 Limited for the year ended 31 March 2023 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the Board of Directors of SLPC 2012 Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of SLPC 2012 Limited and state those matters that we have agreed to state to the Board of Directors of SLPC 2012 Limited, as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that SLPC 2012 Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of SLPC 2012 Limited. You consider that SLPC 2012 Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of SLPC 2012 Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Sharles Ltd
Chartered Accountants
29 Brandon Street
Hamilton
ML3 6DA


7 February 2024