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REGISTERED NUMBER: 12902456 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

SLKR INVESTMENTS LIMITED

SLKR INVESTMENTS LIMITED (REGISTERED NUMBER: 12902456)

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










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


SLKR INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: L J Rudd





REGISTERED OFFICE: 5 Razorbill Court
Harrier Way
Eagle Business Park
Peterborough
Cambridgeshire
PE7 3WL





REGISTERED NUMBER: 12902456 (England and Wales)





ACCOUNTANTS: TC CH Limited
4 Office Village
Forder Way
Cygnet Park, Hampton
Peterborough
Cambridgeshire
PE7 8GX

SLKR INVESTMENTS LIMITED (REGISTERED NUMBER: 12902456)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 868 -
Investment property 5 1,450,000 1,350,000
1,450,868 1,350,000

CURRENT ASSETS
Debtors 6 785,549 906,447
Cash at bank 36,620 4,964
822,169 911,411
CREDITORS: AMOUNTS FALLING DUE WITHIN
ONE YEAR

7

277,335

230,077
NET CURRENT ASSETS 544,834 681,334
TOTAL ASSETS LESS CURRENT LIABILITIES 1,995,702 2,031,334

PROVISIONS FOR LIABILITIES 9 84,265 63,557
NET ASSETS 1,911,437 1,967,777

CAPITAL AND RESERVES
Called up share capital 10 1 1
Revaluation reserve 336,191 254,226
Retained earnings 1,575,245 1,713,550
SHAREHOLDERS' FUNDS 1,911,437 1,967,777

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

SLKR INVESTMENTS LIMITED (REGISTERED NUMBER: 12902456)

STATEMENT OF FINANCIAL POSITION - continued
31 DECEMBER 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 director and authorised for issue on 18 November 2024 and were signed by:





L J Rudd - Director


SLKR INVESTMENTS LIMITED (REGISTERED NUMBER: 12902456)

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


1. STATUTORY INFORMATION

SLKR Investments Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Significant judgements and estimates
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

No significant judgements (apart from those involving estimations) have been made by management in the process of applying the entity's accounting policies and preparing these financial statements.

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. There have been no key assumptions or there sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Computer equipment - 25% on cost

At each balance sheet date assets not carried at fair value are assessed to determine whether there is an indication that the asset may be impaired. If there is such an indication the recoverable amount of the asset is compared to the carrying amount of the asset.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
The company holds basic financial instruments as defined in FRS102. The financial assets and financial liabilities of the company and their measurement basis are as follows:

Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at amortised cost.

Financial liabilities - trade creditors, accruals and other creditors and basic financial instruments and are measured at amortised cost. Taxation and social security and not included in the financial instruments disclosure definition.


SLKR INVESTMENTS LIMITED (REGISTERED NUMBER: 12902456)

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


2. ACCOUNTING POLICIES - continued
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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Debtors
Short term debtors are initially measured at transaction price less attributable costs and then subsequently measured at amortised costs using EIR. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors
Short term trade creditors are initially measured at transaction price less attributable costs. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
Additions 1,041
At 31 December 2023 1,041
DEPRECIATION
Charge for year 173
At 31 December 2023 173
NET BOOK VALUE
At 31 December 2023 868

SLKR INVESTMENTS LIMITED (REGISTERED NUMBER: 12902456)

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


5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023 1,350,000
Additions 18,035
Revaluations 81,965
At 31 December 2023 1,450,000
NET BOOK VALUE
At 31 December 2023 1,450,000
At 31 December 2022 1,350,000

Included in fair value of investment property is freehold land of £ 125,000 (2022 - £ 125,000 ) which is not depreciated.

Fair value at 31 December 2023 is represented by:
£   
Valuation in 2022 254,226
Valuation in 2023 81,965
Cost 1,113,809
1,450,000

If investment property had not been revalued it would have been included at the following historical cost:

2023 2022
£    £   
Cost 1,113,809 1,095,774

The investment properties were valued on an open market basis on 31 December 2023 by the director .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 548 -
Other debtors 785,001 906,447
785,549 906,447

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 1,979 13,473
Amounts owed to group undertakings 200,000 200,000
Taxation and social security 20,843 15,604
Other creditors 54,513 1,000
277,335 230,077

SLKR INVESTMENTS LIMITED (REGISTERED NUMBER: 12902456)

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


8. SECURED DEBTS

A charge dated 2022 is held by Barclays Security Trustee Limited over all the company's present and future freehold and leasehold property, together with all buildings, structures, plant and machinery, fixtures and fittings, goodwill, uncalled capital and all other intellectual property rights. The legal charge contains a fixed and floating charge.

9. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 84,265 63,557

Deferred
tax
£   
Balance at 1 January 2023 63,557
Provided during year 20,708
Balance at 31 December 2023 84,265

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
51 Ordinary A £0.01 1 1
49 Ordinary B £0.01 - -
1 1

11. RELATED PARTY DISCLOSURES

During the year, total dividends of £420,000 were paid to the director .

12. ULTIMATE CONTROLLING PARTY

The controlling party is L J Rudd.