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Registered number: 08929080
Sloane Ranger Capital Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Goldwyns London LLP
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—3
Page 1
Statement of Financial Position
Registered number: 08929080
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Cash at bank and in hand 70,739 72,755
70,739 72,755
Creditors: Amounts Falling Due Within One Year 5 (148,600 ) (148,600 )
NET CURRENT ASSETS (LIABILITIES) (77,861 ) (75,845 )
TOTAL ASSETS LESS CURRENT LIABILITIES (77,861 ) (75,845 )
NET LIABILITIES (77,861 ) (75,845 )
CAPITAL AND RESERVES
Called up share capital 6 1,000 1,000
Income Statement (78,861 ) (76,845 )
SHAREHOLDERS' FUNDS (77,861) (75,845)
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Mr K S Chaffart
Director
12/09/2024
The notes on pages 2 to 3 form part of these financial statements.
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Page 2
Notes to the Financial Statements
1. General Information
Sloane Ranger Capital Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08929080 . The registered office is C/O Thrings LLP, 6 Drakes Meadow Penny Lane, Penny Lane, Swindon, SN3 3LL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.The financial statements have been prepared under the historical cost convention.
The financial statements are prepared in UK sterling, which is the financial currency of the entity. Monetary amounts in these financial statements are rounded to the nearest UK pound.
The principle accounting policies adopted are set below.
2.2. Going Concern Disclosure
The director has considered the prospect of the business for the next twelve months and beyond and has arrived at a reasonable expectation the company will continue to meet its obligations as they fall due. The director has also pledged their financial support to assist with this if required. On this basis, the director will continue to adopt the going concern basis of accounting in preparing the financial statements.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Software developement are being amortised evenly over their estimated useful life of 33% on reducing balance.
2.4. Taxation
Taxation for the period 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.
2.5. Financial Instruments
The company only enters into basic financial transactions that result in the recoginition of financial assets and liabilities like trade and other debtors, creditors, loans from banks and other parties, loans to related parties and investments in non- puttable ordinary shares.
2.6. Cash And Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
2.7. Critical Accounting Judgements And Key Sources of Estimation Uncertainty
In the application of the company's accounting policies management is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily ascertainable from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual outcomes may differ from these estimates.
The estimates and underlying assumptions are reviewed on a continuing basis. Revisions to accounting estimates are recognised in the period in which the estimates are revised.
The key areas of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are described below:
Accrued Expenditure
The company includes a provision for invoices which are yet to be received from and amounts paid in advance to suppliers. These provisions are estimated based upon the expected values of the invoices which are issued and services received following the period end.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
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4. Intangible Assets
Development Costs
£
Cost
As at 1 April 2023 39,570
As at 31 March 2024 39,570
Amortisation
As at 1 April 2023 39,570
As at 31 March 2024 39,570
Net Book Value
As at 31 March 2024 -
As at 1 April 2023 -
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 1,200 1,200
Director's loan account 147,400 147,400
148,600 148,600
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
The nominal value per share is £1 and as at the year-end there are 1000 Ordinary shares in issue.
7. Related Party Transactions
As at the year-end, the Directors Loan Account balance of Mr K Chaffart is £147,400, which is a current liability, is interest free and repayable on demand.
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