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Company Registration No. 04744455 (England and Wales)
SLM Building & Decorating Contractors Limited Unaudited accounts for the year ended 31 May 2024
SLM Building & Decorating Contractors Limited Unaudited accounts Contents
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SLM Building & Decorating Contractors Limited Company Information for the year ended 31 May 2024
Directors
Mr L J Crawley Mr M P McDermott
Company Number
04744455 (England and Wales)
Registered Office
264 Grand Drive Merton London SW20 9NE
Accountants
P K Shah & Co Ltd 205 Cat Hill Barnet London EN4 8HS
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SLM Building & Decorating Contractors Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
25,083 
17,980 
Current assets
Inventories
4,050 
3,300 
Debtors
251,447 
104,671 
Cash at bank and in hand
729,398 
811,130 
984,895 
919,101 
Creditors: amounts falling due within one year
(266,534)
(211,611)
Net current assets
718,361 
707,490 
Total assets less current liabilities
743,444 
725,470 
Creditors: amounts falling due after more than one year
(11,261)
(21,448)
Net assets
732,183 
704,022 
Capital and reserves
Called up share capital
30 
30 
Profit and loss account
732,153 
703,992 
Shareholders' funds
732,183 
704,022 
For the year ending 31 May 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 directors acknowledge their 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 of Directors and authorised for issue on 13 January 2025 and were signed on its behalf by
Mr L J Crawley Director Company Registration No. 04744455
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SLM Building & Decorating Contractors Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
SLM Building & Decorating Contractors Limited is a private company, limited by shares, registered in England and Wales, registration number 04744455. The registered office is 264 Grand Drive, Merton, London, SW20 9NE.
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 services and goods is recognised when services and 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.
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
25% on written down value
Motor vehicles
25% on written down value
Fixtures & fittings
25% on written down value
Computer equipment
25% on written down value
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SLM Building & Decorating Contractors Limited Notes to the Accounts for the year ended 31 May 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 June 2023
3,024 
30,400 
1,969 
17,707 
53,100 
Additions
- 
15,463 
- 
- 
15,463 
At 31 May 2024
3,024 
45,863 
1,969 
17,707 
68,563 
Depreciation
At 1 June 2023
2,956 
17,153 
1,778 
13,233 
35,120 
Charge for the year
17 
7,177 
48 
1,118 
8,360 
At 31 May 2024
2,973 
24,330 
1,826 
14,351 
43,480 
Net book value
At 31 May 2024
51 
21,533 
143 
3,356 
25,083 
At 31 May 2023
68 
13,247 
191 
4,474 
17,980 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
206,616 
65,342 
Other debtors
44,831 
39,329 
251,447 
104,671 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,229 
9,978 
Trade creditors
89,963 
92,548 
Taxes and social security
154,414 
92,246 
Other creditors
11,928 
16,839 
266,534 
211,611 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
11,261 
21,448 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
30 Ordinary shares of £1 each
30 
30 
9
Average number of employees
During the year the average number of employees was 7 (2023: 5).
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