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REGISTERED NUMBER: SC562912 (Scotland)















Unaudited Financial Statements

for the Year Ended 30 April 2023

for

Sloan Webster Services Ltd

Sloan Webster Services Ltd (Registered number: SC562912)






Contents of the Financial Statements
for the Year Ended 30 April 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Sloan Webster Services Ltd

Company Information
for the Year Ended 30 April 2023







DIRECTOR: Mr J D F Webster





REGISTERED OFFICE: 2 Cross Street
Fraserburgh
Aberdeenshire
AB43 9EQ





REGISTERED NUMBER: SC562912 (Scotland)





ACCOUNTANTS: SBP
Accountants
2 Cross Street
Fraserburgh
Aberdeenshire
AB43 9EQ

Sloan Webster Services Ltd (Registered number: SC562912)

Balance Sheet
30 April 2023

30.4.23 30.4.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,098 2,579

CURRENT ASSETS
Debtors 5 40 5,006
Cash at bank 2,323 1,022
2,363 6,028
CREDITORS
Amounts falling due within one year 6 3,350 17,299
NET CURRENT LIABILITIES (987 ) (11,271 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,111

(8,692

)

CREDITORS
Amounts falling due after more than one
year

7

2,492

3,481
NET ASSETS/(LIABILITIES) 619 (12,173 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 519 (12,273 )
619 (12,173 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Sloan Webster Services Ltd (Registered number: SC562912)

Balance Sheet - continued
30 April 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 director and authorised for issue on 16 April 2024 and were signed by:





Mr J D F Webster - Director


Sloan Webster Services Ltd (Registered number: SC562912)

Notes to the Financial Statements
for the Year Ended 30 April 2023

1. STATUTORY INFORMATION

Sloan Webster Services Ltd 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.

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 represents amounts receivable for services provided in the normal course of business, net of discounts and VAT. Revenue is recognised to the extent that it is probable that economic benefit will flow to the company and when its value can be measured with a sufficient degree of certainty and reliability. All income is recognised in the accounting period to which it relates.

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
Computer equipment - 33% on cost

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 NIL (2022 - NIL).

Sloan Webster Services Ltd (Registered number: SC562912)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 May 2022 6,800 783 7,583
Additions 2,885 - 2,885
At 30 April 2023 9,685 783 10,468
DEPRECIATION
At 1 May 2022 4,221 783 5,004
Charge for year 1,366 - 1,366
At 30 April 2023 5,587 783 6,370
NET BOOK VALUE
At 30 April 2023 4,098 - 4,098
At 30 April 2022 2,579 - 2,579

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Trade debtors - 3,240
Tax - 1,728
VAT - 38
Prepayments 40 -
40 5,006

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Bank loans and overdrafts 982 955
VAT 1,267 -
Directors' current accounts 102 15,445
Accrued expenses 999 899
3,350 17,299

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.23 30.4.22
£    £   
Bank loans - 1-2 years 1,014 989
Bank loans - 2-5 years 1,478 2,492
2,492 3,481

8. RELATED PARTY DISCLOSURES

The director operates a current account with the company and as at 30 April 2023 the balance owing to him was £102 (2022 - £15,445). There are no specific terms of repayment and no interest is accrued.

Sloan Webster Services Ltd (Registered number: SC562912)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr J D F Webster.