REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 12 MAY 2022 TO 31 MAY 2023 |
FOR |
SLASIFY LTD |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 12 MAY 2022 TO 31 MAY 2023 |
FOR |
SLASIFY LTD |
SLASIFY LTD (REGISTERED NUMBER: 14103150) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 12 MAY 2022 TO 31 MAY 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
SLASIFY LTD |
COMPANY INFORMATION |
FOR THE PERIOD 12 MAY 2022 TO 31 MAY 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Aquis House |
49-51 Blagrave Street |
Reading |
Berkshire |
RG1 1PL |
SLASIFY LTD (REGISTERED NUMBER: 14103150) |
BALANCE SHEET |
31 MAY 2023 |
Notes | £ |
CURRENT ASSETS |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 4 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 5 |
Retained earnings | ( |
) |
SHAREHOLDERS' FUNDS |
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. |
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 |
SLASIFY LTD (REGISTERED NUMBER: 14103150) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 12 MAY 2022 TO 31 MAY 2023 |
1. | STATUTORY INFORMATION |
Slasify Ltd is a |
The company was incorporated on 12 May 2022. The principal activity of the company during the period under review was that of the provision of payroll services. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Taxation |
Taxation for the period 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 period 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. |
Going concern |
The financial statements of the company have been prepared on a going concern basis dependent of the continued support of its parent company for a period of at least 12 months from the date on which the balance sheet was signed. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL. |
SLASIFY LTD (REGISTERED NUMBER: 14103150) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 12 MAY 2022 TO 31 MAY 2023 |
4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Amounts owed to group undertakings |
Other creditors |
5. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
Ordinary | 0.01 | 10,000 |
1,000,000 Ordinary shares of 0.01 each were allotted and fully paid for |
6. | RELATED PARTY DISCLOSURES |
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
7. | CONTROLLING PARTY |
The controlling party is Slasify Pte Ltd (a company registerd in Singapore). |
Slasify PTE Ltd owns 100% of the issued share capital of Slasify Ltd. |