IRIS Accounts Production v24.3.2.46 06036803 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh060368032023-03-31060368032024-03-31060368032023-04-012024-03-31060368032023-01-31060368032023-02-012023-03-31060368032023-03-3106036803ns15:EnglandWales2023-04-012024-03-3106036803ns14:PoundSterling2023-04-012024-03-3106036803ns10:Director12023-04-012024-03-3106036803ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3106036803ns10:SmallEntities2023-04-012024-03-3106036803ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3106036803ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3106036803ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3106036803ns10:FullAccounts2023-04-012024-03-3106036803ns10:Director22023-04-012024-03-3106036803ns10:Director32023-04-012024-03-3106036803ns10:Director42023-04-012024-03-3106036803ns10:RegisteredOffice2023-04-012024-03-3106036803ns5:CurrentFinancialInstruments2024-03-3106036803ns5:CurrentFinancialInstruments2023-03-3106036803ns5:Non-currentFinancialInstruments2024-03-3106036803ns5:Non-currentFinancialInstruments2023-03-3106036803ns5:ShareCapital2024-03-3106036803ns5:ShareCapital2023-03-3106036803ns5:RetainedEarningsAccumulatedLosses2024-03-3106036803ns5:RetainedEarningsAccumulatedLosses2023-03-3106036803ns5:PlantMachinery2023-03-3106036803ns5:PlantMachinery2023-04-012024-03-3106036803ns5:PlantMachinery2024-03-3106036803ns5:PlantMachinery2023-03-3106036803ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3106036803ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31
REGISTERED NUMBER: 06036803 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

SALT (MERSEYSIDE) LIMITED

SALT (MERSEYSIDE) LIMITED (Registered number: 06036803)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SALT (MERSEYSIDE) LIMITED

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mr David James Rowe
Mr David Ronald Macdiarmid
Mr Joseph Mulhearn
Mr Jordan Wright





REGISTERED OFFICE: Wyncote Sports Ground
Mather Avenue
Liverpool
L18 6HF





REGISTERED NUMBER: 06036803 (England and Wales)





ACCOUNTANTS: DBS Corporate Accountants
Suite 4102, Charlotte House
Queens Dock Business Centre
67-83 Norfolk Street
Liverpool
Merseyside
L1 0BG

SALT (MERSEYSIDE) LIMITED (Registered number: 06036803)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 49,814 78,282

CURRENT ASSETS
Stocks 26,617 57,852
Debtors 5 1,526,376 1,162,831
Cash at bank and in hand 21,066 9,192
1,574,059 1,229,875
CREDITORS
Amounts falling due within one year 6 1,566,838 1,220,122
NET CURRENT ASSETS 7,221 9,753
TOTAL ASSETS LESS CURRENT
LIABILITIES

57,035

88,035

CREDITORS
Amounts falling due after more than
one year

7

(43,581

)

(71,845

)

PROVISIONS FOR LIABILITIES (12,454 ) (14,452 )
NET ASSETS 1,000 1,738

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings - 738
1,000 1,738

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

SALT (MERSEYSIDE) LIMITED (Registered number: 06036803)

Balance Sheet - continued
31 March 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 18 March 2025 and were signed on its behalf by:





Mr Joseph Mulhearn - Director


SALT (MERSEYSIDE) LIMITED (Registered number: 06036803)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

SALT (MERSEYSIDE) 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 is measured at the fair value of the amounts derived from the services provided by the company falling within its ordinary activities, 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.

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.

SALT (MERSEYSIDE) LIMITED (Registered number: 06036803)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 59 (2023 - 48 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 118,638
Additions 1,044
At 31 March 2024 119,682
DEPRECIATION
At 1 April 2023 40,356
Charge for year 29,512
At 31 March 2024 69,868
NET BOOK VALUE
At 31 March 2024 49,814
At 31 March 2023 78,282

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 158,514 155,163
Other debtors 1,367,862 1,007,668
1,526,376 1,162,831

SALT (MERSEYSIDE) LIMITED (Registered number: 06036803)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 10,622 15,609
Hire purchase contracts 17,768 16,635
Trade creditors 156,797 145,193
Taxation and social security 271,262 114,173
Other creditors 1,110,389 928,512
1,566,838 1,220,122

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans 11,455 22,027
Hire purchase contracts 32,126 49,818
43,581 71,845