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Company Registration No. 13225584 (England and Wales)
SLS FUSION LTD Unaudited accounts for the year ended 29 February 2024
SLS FUSION LTD Unaudited accounts Contents
Page
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SLS FUSION LTD Company Information for the year ended 29 February 2024
Director
Ataur RAHMAN
Company Number
13225584 (England and Wales)
Registered Office
139 WORPLESDON RD STOUGHTON GUILDFORD GU2 9XA ENGLAND
Accountants
Choice Accountancy 54 Greenfield Road London E1 1EJ
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SLS FUSION LTD Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,402 
4,252 
Current assets
Inventories
- 
833 
Cash at bank and in hand
929 
20,463 
929 
21,296 
Creditors: amounts falling due within one year
(9,796)
(13,334)
Net current (liabilities)/assets
(8,867)
7,962 
Total assets less current liabilities
(5,465)
12,214 
Creditors: amounts falling due after more than one year
(238)
(237)
Net (liabilities)/assets
(5,703)
11,977 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(5,803)
11,877 
Shareholders' funds
(5,703)
11,977 
For the year ending 29 February 2024 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 7 October 2024 and were signed on its behalf by
Ataur RAHMAN Director Company Registration No. 13225584
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SLS FUSION LTD Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
SLS FUSION LTD is a private company, limited by shares, registered in England and Wales, registration number 13225584. The registered office is 139 WORPLESDON RD, STOUGHTON, GUILDFORD, GU2 9XA, ENGLAND.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: Plant & machinery for 5 years and Motor vehicles for 10 years both of them for reducing balance methods have been applied
Plant & machinery
Reducing balance method 20%
Motor vehicles
Reducing balance method 10%
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2023
5,071 
1,550 
6,621 
At 29 February 2024
5,071 
1,550 
6,621 
Depreciation
At 1 March 2023
2,074 
295 
2,369 
Charge for the year
599 
251 
850 
At 29 February 2024
2,673 
546 
3,219 
Net book value
At 29 February 2024
2,398 
1,004 
3,402 
At 28 February 2023
2,997 
1,255 
4,252 
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SLS FUSION LTD Notes to the Accounts for the year ended 29 February 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
8,017 
11,517 
Taxes and social security
- 
1,817 
Loans from directors
1,779 
- 
9,796 
13,334 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Accruals
238 
237 
7
Average number of employees
During the year the average number of employees was 6 (2023: 6).
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