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REGISTERED NUMBER: 12008447 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023

FOR

THE LAST SLUG LTD

THE LAST SLUG LTD (REGISTERED NUMBER: 12008447)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE LAST SLUG LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2023







DIRECTORS: O D Duru
F Mosca
M K Talukder





REGISTERED OFFICE: Devonshire House 1 Mayfair Place
Devonshire House
Level 1
London
W1J 8AJ





REGISTERED NUMBER: 12008447 (England and Wales)





ACCOUNTANTS: Armstrongs
Chartered Accountants and Tax Advisers
1 & 2 Mercia Village
Torwood Close
Westwood Business Park
Coventry
West Midlands
CV4 8HX

THE LAST SLUG LTD (REGISTERED NUMBER: 12008447)

BALANCE SHEET
31 MAY 2023

2023 2022
(restated)
Notes £    £   
CURRENT ASSETS
Debtors 4 221,663 206,924
Cash at bank 46,363 30,548
268,026 237,472
CREDITORS
Amounts falling due within one year 5 30,909 22,979
NET CURRENT ASSETS 237,117 214,493
TOTAL ASSETS LESS CURRENT
LIABILITIES

237,117

214,493

CREDITORS
Amounts falling due after more than one
year

6

29,472

29,472
NET ASSETS 207,645 185,021

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 8 207,644 185,020
SHAREHOLDERS' FUNDS 207,645 185,021

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 LAST SLUG LTD (REGISTERED NUMBER: 12008447)

BALANCE SHEET - continued
31 MAY 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 12 March 2024 and were signed on its behalf by:





M K Talukder - Director


THE LAST SLUG LTD (REGISTERED NUMBER: 12008447)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

1. STATUTORY INFORMATION

The Last Slug Ltd is a private company, limited by shares , registered in England and Wales. 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 4 ) .

THE LAST SLUG LTD (REGISTERED NUMBER: 12008447)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
(restated)
£    £   
Trade debtors 221,663 203,513
Other debtors - 3,411
221,663 206,924

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
(restated)
£    £   
Bank loans and overdrafts 521 5,586
Taxation and social security 14,994 14,994
Other creditors 15,394 2,399
30,909 22,979

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
(restated)
£    £   
Other creditors 29,472 29,472

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 29,472 29,472

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary 1p 1 1

8. RESERVES
Retained
earnings
£   

At 1 June 2022 185,020
Profit for the year 22,624
At 31 May 2023 207,644

9. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party by virtue of shareholding.