Slorganisation Ltd. 10431528 false 2022-11-01 2023-10-31 2023-10-31 The principal activity of the company is consultancy for real estate, sports, education and tourism. Digita Accounts Production Advanced 6.30.9574.0 true true 10431528 2022-11-01 2023-10-31 10431528 2023-10-31 10431528 core:CurrentFinancialInstruments 2023-10-31 10431528 core:CurrentFinancialInstruments core:WithinOneYear 2023-10-31 10431528 core:OfficeEquipment 2023-10-31 10431528 bus:SmallEntities 2022-11-01 2023-10-31 10431528 bus:AuditExemptWithAccountantsReport 2022-11-01 2023-10-31 10431528 bus:FullAccounts 2022-11-01 2023-10-31 10431528 bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 10431528 bus:RegisteredOffice 2022-11-01 2023-10-31 10431528 bus:Director1 2022-11-01 2023-10-31 10431528 bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 10431528 core:OfficeEquipment 2022-11-01 2023-10-31 10431528 countries:EnglandWales 2022-11-01 2023-10-31 10431528 2022-10-31 10431528 core:OfficeEquipment 2022-10-31 10431528 2021-11-01 2022-10-31 10431528 2022-10-31 10431528 core:CurrentFinancialInstruments 2022-10-31 10431528 core:CurrentFinancialInstruments core:WithinOneYear 2022-10-31 10431528 core:OfficeEquipment 2022-10-31 iso4217:GBP xbrli:pure

Registration number: 10431528

Slorganisation Ltd.

Annual Report and Unaudited Financial Statements

for the Year Ended 31 October 2023

 

Slorganisation Ltd.

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 5

 

Slorganisation Ltd.

(Registration number: 10431528)
Balance Sheet as at 31 October 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

273

364

Current assets

 

Cash at bank and in hand

 

-

1

Creditors: Amounts falling due within one year

5

(28,451)

(23,001)

Net current liabilities

 

(28,451)

(23,000)

Net liabilities

 

(28,178)

(22,636)

Capital and reserves

 

Called up share capital

1

1

Retained earnings

(28,179)

(22,637)

Shareholders' deficit

 

(28,178)

(22,636)

For the financial year ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 29 July 2024 and signed on its behalf by:
 

.........................................
S Mukherjee
Director

 

Slorganisation Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
2 Old Bath Road
Newbury
Berkshire
RG14 1QL
England

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The company has the support of the directors such that they consider the financial statements should be prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of consultancy services in the ordinary course of the company’s activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Slorganisation Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2023

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2022 - 2).

 

Slorganisation Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2023

4

Tangible assets

Office equipment
£

Total
£

Cost or valuation

At 1 November 2022

782

782

At 31 October 2023

782

782

Depreciation

At 1 November 2022

418

418

Charge for the year

91

91

At 31 October 2023

509

509

Carrying amount

At 31 October 2023

273

273

At 31 October 2022

364

364

 

Slorganisation Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2023

5

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Loans and borrowings

23

-

Other creditors

28,428

23,001

28,451

23,001

6

Loans and borrowings

2023
£

2022
£

Current loans and borrowings

Bank overdrafts

23

-

7

Related party transactions

Other transactions with directors

S Mukherjee & L Jenkins had a loan with the company. At the balance sheet date the amount due to S Mukherjee & L Jenkins was £27,977 (2022: £22,591).