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REGISTERED NUMBER: 03796541 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Slinfold Properties Limited

Slinfold Properties Limited (Registered number: 03796541)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Slinfold Properties Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Mrs I C Woodward
E E Woodward





REGISTERED OFFICE: Slaughter Bridge House Guildford Road
Broadbridge Heath
Horsham
RH12 3PN





REGISTERED NUMBER: 03796541 (England and Wales)





ACCOUNTANTS: Kirkwood Wilson Limited
2a Swordfish Business Park
Swordfish Close
Higgins Lane
Burscough
Lancashire
L40 8JW

Slinfold Properties Limited (Registered number: 03796541)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 14,534 21,099
Investment property 5 612,000 612,000
626,534 633,099

CURRENT ASSETS
Debtors 6 - 3,600
Cash at bank 60,039 51,631
60,039 55,231
CREDITORS
Amounts falling due within one year 7 146,582 86,655
NET CURRENT LIABILITIES (86,543 ) (31,424 )
TOTAL ASSETS LESS CURRENT LIABILITIES 539,991 601,675

CREDITORS
Amounts falling due after more than one year 8 (2,457 ) (3,144 )

PROVISIONS FOR LIABILITIES (68,181 ) (69,822 )
NET ASSETS 469,353 528,709

CAPITAL AND RESERVES
Called up share capital 2 2
Revaluation reserve 9 260,703 260,703
Retained earnings 208,648 268,004
469,353 528,709

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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 12 March 2025 and were signed on its behalf by:





E E Woodward - Director


Slinfold Properties Limited (Registered number: 03796541)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Slinfold Properties 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Slinfold Properties Limited (Registered number: 03796541)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023
and 30 June 2024 46,375
DEPRECIATION
At 1 July 2023 25,276
Charge for year 6,565
At 30 June 2024 31,841
NET BOOK VALUE
At 30 June 2024 14,534
At 30 June 2023 21,099

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023
and 30 June 2024 612,000
NET BOOK VALUE
At 30 June 2024 612,000
At 30 June 2023 612,000

Fair value at 30 June 2024 is represented by:
£   
Valuation in 2019 223,854
Cost 388,146
612,000

The investment properties are valued at their open market value by the directors.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors - 3,600

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors 1,012 2,812
Taxation and social security 8,236 9,992
Other creditors 137,334 73,851
146,582 86,655

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.6.24 30.6.23
£    £   
Other creditors 2,457 3,144

Slinfold Properties Limited (Registered number: 03796541)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

9. RESERVES
Revaluation
reserve
£   
At 1 July 2023
and 30 June 2024 260,703