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REGISTERED NUMBER: 06411807 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JULY 2024

FOR

SLEATH LIMITED

SLEATH LIMITED (REGISTERED NUMBER: 06411807)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SLEATH LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST JULY 2024







DIRECTORS: M B Lawton
P N Broomhead





SECRETARY: Mrs D Lawton





REGISTERED OFFICE: Suite 6, Unit 1
Meadowhall Riverside
Meadowhall Road
Sheffield
Yorkshire
S9 1BW





REGISTERED NUMBER: 06411807 (England and Wales)





ACCOUNTANTS: Rhodes Clarke & Co Limited
Alison Business Centre
39-40 Alison Crescent
Sheffield
S2 1AS

SLEATH LIMITED (REGISTERED NUMBER: 06411807)

BALANCE SHEET
31ST JULY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,612 1,896

CURRENT ASSETS
Stocks 5,130 6,247
Debtors 5 34,674 6,556
Prepayments and accrued income 1,133 1,448
Cash at bank and in hand 87,942 81,453
128,879 95,704
CREDITORS
Amounts falling due within one year 6 31,836 17,462
NET CURRENT ASSETS 97,043 78,242
TOTAL ASSETS LESS CURRENT
LIABILITIES

98,655

80,138

PROVISIONS FOR LIABILITIES 360 360
NET ASSETS 98,295 79,778

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 98,195 79,678
SHAREHOLDERS' FUNDS 98,295 79,778

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

SLEATH LIMITED (REGISTERED NUMBER: 06411807)

BALANCE SHEET - continued
31ST JULY 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28th January 2025 and were signed on its behalf by:




M B Lawton - Director



P N Broomhead - Director


SLEATH LIMITED (REGISTERED NUMBER: 06411807)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JULY 2024

1. STATUTORY INFORMATION

Sleath Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 15% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

SLEATH LIMITED (REGISTERED NUMBER: 06411807)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JULY 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st August 2023
and 31st July 2024 8,941
DEPRECIATION
At 1st August 2023 7,045
Charge for year 284
At 31st July 2024 7,329
NET BOOK VALUE
At 31st July 2024 1,612
At 31st July 2023 1,896

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 34,674 6,556

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 29,938 15,617
Other creditors 1,898 1,845
31,836 17,462