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REGISTERED NUMBER: 09077663 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023

FOR

SLS FOODS LIMITED

SLS FOODS LIMITED (REGISTERED NUMBER: 09077663)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SLS FOODS LIMITED

COMPANY INFORMATION
for the Year Ended 30 June 2023







DIRECTORS: A Rahman
H Rahman





REGISTERED OFFICE: Aruna House
2 Kings Road
Haslemere
Surrey,
GU27 2QA





REGISTERED NUMBER: 09077663 (England and Wales)





ACCOUNTANTS: A & N (Haslemere) Limited
Aruna House
2 Kings Road
Haslemere
Surrey
GU27 2QA

SLS FOODS LIMITED (REGISTERED NUMBER: 09077663)

BALANCE SHEET
30 June 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 29,264 22,514

CURRENT ASSETS
Stocks 8,250 6,380
Debtors 4 49,034 47,227
Cash at bank and in hand 44,579 79,105
101,863 132,712
CREDITORS
Amounts falling due within one year 5 142,575 127,091
NET CURRENT (LIABILITIES)/ASSETS (40,712 ) 5,621
TOTAL ASSETS LESS CURRENT
LIABILITIES

(11,448

)

28,135

PROVISIONS FOR LIABILITIES 5,560 4,278
NET (LIABILITIES)/ASSETS (17,008 ) 23,857

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (17,108 ) 23,757
SHAREHOLDERS' FUNDS (17,008 ) 23,857

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

SLS FOODS LIMITED (REGISTERED NUMBER: 09077663)

BALANCE SHEET - continued
30 June 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 March 2024 and were signed on its behalf by:





A Rahman - Director


SLS FOODS LIMITED (REGISTERED NUMBER: 09077663)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2023

1. 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.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2022 - 17 ) .

SLS FOODS LIMITED (REGISTERED NUMBER: 09077663)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 June 2023

3. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 July 2022 42,516 14,776 5,762 63,054
Additions 1,031 13,068 2,906 17,005
At 30 June 2023 43,547 27,844 8,668 80,059
DEPRECIATION
At 1 July 2022 26,296 10,089 4,155 40,540
Charge for year 4,228 4,439 1,588 10,255
At 30 June 2023 30,524 14,528 5,743 50,795
NET BOOK VALUE
At 30 June 2023 13,023 13,316 2,925 29,264
At 30 June 2022 16,220 4,687 1,607 22,514

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade debtors - 3,182
Other debtors 49,034 44,045
49,034 47,227

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Bank loans and overdrafts 38,140 48,182
Trade creditors 33,998 42,200
Taxation and social security 24,947 26,251
Other creditors 45,490 10,458
142,575 127,091