Company registration number 13378081 (England and Wales)
SLH6 PROMOTIONS LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
PAGES FOR FILING WITH REGISTRAR
SLH6 PROMOTIONS LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
SLH6 PROMOTIONS LIMITED
BALANCE SHEET
AS AT
31 MAY 2024
31 May 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
8,237
7,238
Current assets
Debtors
4
12,259
9,500
Cash at bank and in hand
1,887
1,052
14,146
10,552
Creditors: amounts falling due within one year
5
(4,752)
(4,310)
Net current assets
9,394
6,242
Total assets less current liabilities
17,631
13,480
Provisions for liabilities
(1,565)
(1,375)
Net assets
16,066
12,105
Capital and reserves
Called up share capital
6
100
100
Profit and loss reserves
15,966
12,005
Total equity
16,066
12,105

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 27 January 2025
Mr S Lewis-Hughes
Director
Company registration number 13378081 (England and Wales)
SLH6 PROMOTIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
- 2 -
1
Accounting policies
Company information

SLH6 Promotions Limited is a private company limited by shares incorporated in England and Wales. The registered office is Bradbury House, Mission Court, Newport, Gwent, United Kingdom, NP20 2DW.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised as earned when, and to the extent that, the company obtains the right to consideration in exchange for promotional services provided. Turnover represents the value of goods and services provided in the normal course of business excluding VAT.

 

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Sports equipment
25% on cost
Computers
33% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

 

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

 

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

 

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

SLH6 PROMOTIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2024
- 3 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
1
1
3
Tangible fixed assets
Sports equipment
Computers
Total
£
£
£
Cost
At 1 June 2023
8,470
689
9,159
Additions
3,553
444
3,997
At 31 May 2024
12,023
1,133
13,156
Depreciation and impairment
At 1 June 2023
1,634
287
1,921
Depreciation charged in the year
2,661
337
2,998
At 31 May 2024
4,295
624
4,919
Carrying amount
At 31 May 2024
7,728
509
8,237
At 31 May 2023
6,836
402
7,238
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
8,333
9,500
Other debtors
3,926
-
0
12,259
9,500
5
Creditors: amounts falling due within one year
2024
2023
£
£
Taxation and social security
1,406
913
Other creditors
3,346
3,397
4,752
4,310
SLH6 PROMOTIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2024
- 4 -
6
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of £1 each
100
100
100
100
7
Directors' transactions

Dividends totalling £2,500 (2023 - £2,000) were paid in the year in respect of shares held by the company's director.

Description
% Rate
Opening balance
Amounts advanced
Amounts repaid
Closing balance
£
£
£
£
Directors loan
-
(11)
8,713
(4,776)
3,926
(11)
8,713
(4,776)
3,926
2024-05-312023-06-01falsefalsefalse27 January 2025CCH SoftwareCCH Accounts Production 2024.310No description of principal activityMr S Lewis-Hughes133780812023-06-012024-05-31133780812024-05-31133780812023-05-3113378081core:PlantMachinery2024-05-3113378081core:ComputerEquipment2024-05-3113378081core:PlantMachinery2023-05-3113378081core:ComputerEquipment2023-05-3113378081core:CurrentFinancialInstrumentscore:WithinOneYear2024-05-3113378081core:CurrentFinancialInstrumentscore:WithinOneYear2023-05-3113378081core:CurrentFinancialInstruments2024-05-3113378081core:CurrentFinancialInstruments2023-05-3113378081core:ShareCapital2024-05-3113378081core:ShareCapital2023-05-3113378081core:RetainedEarningsAccumulatedLosses2024-05-3113378081core:RetainedEarningsAccumulatedLosses2023-05-3113378081bus:Director12023-06-012024-05-3113378081core:PlantMachinery2023-06-012024-05-3113378081core:ComputerEquipment2023-06-012024-05-31133780812022-06-012023-05-3113378081core:PlantMachinery2023-05-3113378081core:ComputerEquipment2023-05-31133780812023-05-3113378081core:WithinOneYear2024-05-3113378081core:WithinOneYear2023-05-3113378081bus:PrivateLimitedCompanyLtd2023-06-012024-05-3113378081bus:SmallCompaniesRegimeForAccounts2023-06-012024-05-3113378081bus:FRS1022023-06-012024-05-3113378081bus:AuditExemptWithAccountantsReport2023-06-012024-05-3113378081bus:FullAccounts2023-06-012024-05-31xbrli:purexbrli:sharesiso4217:GBP