SALT ESCAPES LTD

Company Registration Number:
11086084 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 October 2023

End date: 31 December 2024

SALT ESCAPES LTD

Contents of the Financial Statements

for the Period Ended 31 December 2024

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

SALT ESCAPES LTD

Profit And Loss Account

for the Period Ended 31 December 2024

15 months to 31 December 2024 2023


£

£
Turnover: 659,719 217,655
Cost of sales: ( 571,391 ) ( 210,049 )
Gross profit(or loss): 88,328 7,606
Administrative expenses: ( 222,042 ) ( 72,018 )
Operating profit(or loss): (133,714) (64,412)
Profit(or loss) before tax: (133,714) (64,412)
Tax: 0 0
Profit(or loss) for the financial year: (133,714) (64,412)

SALT ESCAPES LTD

Balance sheet

As at 31 December 2024

Notes 15 months to 31 December 2024 2023


£

£
Called up share capital not paid: 2 2
Fixed assets
Tangible assets: 3 20,068 14,465
Total fixed assets: 20,068 14,465
Current assets
Cash at bank and in hand: 73,326 1,588
Total current assets: 73,326 1,588
Prepayments and accrued income: 134,536 0
Creditors: amounts falling due within one year: 4 ( 20,627 ) ( 23,318 )
Net current assets (liabilities): 187,235 (21,730)
Total assets less current liabilities: 207,305 ( 7,263)
Creditors: amounts falling due after more than one year: 5 ( 78,062 ) ( 78,062 )
Accruals and deferred income: ( 160,748 ) ( 1,000 )
Total net assets (liabilities): (31,505) (86,325)
Capital and reserves
Called up share capital: 2 1
Share premium account: 187,499 0
Profit and loss account: (219,006 ) (86,326 )
Total Shareholders' funds: ( 31,505 ) (86,325)

The notes form part of these financial statements

SALT ESCAPES LTD

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 24 January 2025
and signed on behalf of the board by:

Name: MICHAEL ANDREW CHAPMAN
Status: Director

The notes form part of these financial statements

SALT ESCAPES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Revenue is recognized when the goods are delivered or the services are rendered to the customers. The company recognizes revenue when it is reasonably certain that it will receive the economic benefits associated with the transaction and the amount of revenue recognized can be reliably measured.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are initially recorded at their purchase price, including all costs incurred to bring the asset to its intended condition and location. Regular assessment is carried out if the carrying value of a fixed asset exceeds its recoverable amount, and if so, an impairment loss is recognized. Depreciation is charged on monthly basis using straight line method. When a fixed asset is sold or disposed of, the difference between the proceeds received and its carrying value is recognized as a gain or loss in the income statement.

SALT ESCAPES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    15 months to 31 December 2024 2023
    Average number of employees during the period 0 2

SALT ESCAPES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 October 2023 29,285 29,285
Additions 16,774 16,774
Disposals
Revaluations
Transfers
At 31 December 2024 46,059 46,059
Depreciation
At 1 October 2023 14,820 14,820
Charge for year 11,171 11,171
On disposals
Other adjustments
At 31 December 2024 25,991 25,991
Net book value
At 31 December 2024 20,068 20,068
At 30 September 2023 14,465 14,465

SALT ESCAPES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Creditors: amounts falling due within one year note

15 months to 31 December 2024 2023
£ £
Taxation and social security 0 1,439
Other creditors 20,627 21,879
Total 20,627 23,318

SALT ESCAPES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due after more than one year note

15 months to 31 December 2024 2023
£ £
Other creditors 78,062 78,062
Total 78,062 78,062