SALT CONSTRUCTION LIMITED

Company Registration Number:
09063727 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2024

Period of accounts

Start date: 01 December 2023

End date: 30 November 2024

SALT CONSTRUCTION LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2024

Balance sheet
Notes

SALT CONSTRUCTION LIMITED

Balance sheet

As at 30 November 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets: 3 42,304 15,958
Total fixed assets: 42,304 15,958
Current assets
Stocks: 169,668 162,575
Debtors:   25,396 104,493
Cash at bank and in hand: 252,458 182,236
Total current assets: 447,522 449,304
Creditors: amounts falling due within one year:   (262,591) (341,041)
Net current assets (liabilities): 184,931 108,263
Total assets less current liabilities: 227,235 124,221
Total net assets (liabilities): 227,235 124,221
Capital and reserves
Called up share capital: 110 100
Profit and loss account: 227,125 124,121
Shareholders funds: 227,235 124,221

The notes form part of these financial statements

SALT CONSTRUCTION LIMITED

Balance sheet statements

For the year ending 30 November 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 07 March 2025
and signed on behalf of the board by:

Name: N P Salt
Status: Director

The notes form part of these financial statements

SALT CONSTRUCTION LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

1. Accounting policies

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

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Plant and machinery - 25% reducing balance Fittings fixtures and equipment - 25% reducing balance Motor vehicles - 25% reducing balance If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Other accounting policies

Operating leases Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis. Stocks Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

SALT CONSTRUCTION LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

2. Employees

2024 2023
Average number of employees during the period 4 4

SALT CONSTRUCTION LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Tangible Assets

Total
Cost £
At 01 December 2023 91,871
Additions 33,920
At 30 November 2024 125,791
Depreciation
At 01 December 2023 75,913
Charge for year 7,574
At 30 November 2024 83,487
Net book value
At 30 November 2024 42,304
At 30 November 2023 15,958