1 January 2023 false Taxfiler 2024.5 11116438business:PrivateLimitedCompanyLtd2023-01-012023-12-31 111164382022-12-31 111164382023-01-012023-12-31 11116438business:AuditExemptWithAccountantsReport2023-01-012023-12-31 11116438business:FilletedAccounts2023-01-012023-12-31 111164382023-12-31 11116438business:Director12023-01-012023-12-31 11116438business:RegisteredOffice2023-01-012023-12-31 111164382022-12-31 11116438core:WithinOneYear2023-12-31 11116438core:WithinOneYear2022-12-31 11116438core:AfterOneYear2023-12-31 11116438core:AfterOneYear2022-12-31 11116438core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 11116438core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 11116438core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 11116438core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 11116438core:PreviouslyStatedAmount2023-12-31 11116438core:PreviouslyStatedAmount2022-12-31 11116438business:SmallEntities2023-01-012023-12-31 11116438countries:EnglandWales2023-01-012023-12-31 11116438business:OrdinaryShareClass12023-01-012023-12-31 11116438business:OrdinaryShareClass12022-01-012022-12-31 111164382022-01-012022-12-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 11116438 (England and Wales)
Slam Systems Ltd Unaudited accounts for the year ended 31 December 2023
Slam Systems Ltd Unaudited accounts Contents
Page
- 2 -
Slam Systems Ltd Company Information for the year ended 31 December 2023
Director
Tarik Khamliche
Company Number
11116438 (England and Wales)
Registered Office
7 Herbert Terrace, Penarth Vale of Glamorgan CF64 2AH Wales
Accountants
Evans Entwistle Villa House 7 Herbert Terrace Penarth Vale of Glamorgan CF64 2AH
- 3 -
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Slam Systems Ltd for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Slam Systems Ltd for the year ended 31 December 2023 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle Member in Practice Villa House 7 Herbert Terrace Penarth Vale of Glamorgan CF64 2AH 23 February 2023
- 4 -
Slam Systems Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
- 
5 
Cash at bank and in hand
3,643 
9,250 
3,643 
9,255 
Creditors: amounts falling due within one year
(2,057)
(1,001)
Net current assets
1,586 
8,254 
Total assets less current liabilities
1,586 
8,254 
Creditors: amounts falling due after more than one year
(4,829)
(14,092)
Net liabilities
(3,243)
(5,838)
Capital and reserves
Called up share capital
2,500 
2,500 
Profit and loss account
(5,743)
(8,338)
Shareholders' funds
(3,243)
(5,838)
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 February 2024 and were signed on its behalf by
Tarik Khamliche Director Company Registration No. 11116438
- 5 -
Slam Systems Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Slam Systems Ltd is a private company, limited by shares, registered in England and Wales, registration number 11116438. The registered office is 7 Herbert Terrace,, Penarth, Vale of Glamorgan, CF64 2AH, Wales.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
- 
5 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
248 
- 
Taxes and social security
744 
1 
Accruals
1,065 
1,000 
2,057 
1,001 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Loans from directors
4,829 
14,092 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £2,500 each
2,500 
2,500 
- 6 -
Slam Systems Ltd Notes to the Accounts for the year ended 31 December 2023
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
- 7 -