Company Registration No. 11614180 (England and Wales)
Slk Property Solutions Ltd
Unaudited accounts
for the year ended 30 March 2024
Slk Property Solutions Ltd
Unaudited accounts
Contents
Slk Property Solutions Ltd
Company Information
for the year ended 30 March 2024
Director
Stuart William Kenna
Company Number
11614180 (England and Wales)
Registered Office
30 Stanton Road
Southampton
SO15 4HG
England
Accountants
365 Accounts Ltd
44 Brookwood Road
Southampton
Hampshire
SO16 9AJ
Slk Property Solutions Ltd
Statement of financial position
as at 30 March 2024
Tangible assets
53,239
7,837
Cash at bank and in hand
479
11,369
Creditors: amounts falling due within one year
(38,293)
(70,714)
Net current assets
107,269
58,226
Total assets less current liabilities
160,508
66,063
Creditors: amounts falling due after more than one year
(61,865)
-
Called up share capital
1
1
Profit and loss account
98,642
66,062
Shareholders' funds
98,643
66,063
For the year ending 30 March 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 14 January 2025 and were signed on its behalf by
Stuart William Kenna
Director
Company Registration No. 11614180
Slk Property Solutions Ltd
Notes to the Accounts
for the year ended 30 March 2024
Slk Property Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 11614180. The registered office is 30 Stanton Road, Southampton, SO15 4HG, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 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.
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:
Motor vehicles
25% Reducing Balance Method
Fixtures & fittings
25% Reducing Balance Method
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 31 March 2023
1,337
22,000
23,337
Additions
649
62,500
63,149
At 30 March 2024
1,986
84,500
86,486
At 31 March 2023
334
15,166
15,500
Charge for the year
413
17,334
17,747
At 30 March 2024
747
32,500
33,247
At 30 March 2024
1,239
52,000
53,239
At 30 March 2023
1,003
6,834
7,837
Slk Property Solutions Ltd
Notes to the Accounts
for the year ended 30 March 2024
Amounts falling due within one year
Other debtors
131,340
106,800
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
5,952
9,229
Taxes and social security
63,085
56,621
Other creditors
8,429
(135)
Loans from directors
(45,748)
99
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
61,865
-
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).