REGISTERED NUMBER: 04537412

SLADEN PARTNERSHIP LIMITED

TRADING AS

SLADEN ASSOCIATES

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J A Sladen

Mr G L Dorrell

Mrs E J M Dorrell

REGISTERED OFFICE:

Unit 5

Netherton Workshops

Highley

Bridgnorth

Shropshire

WV16 6NN

REGISTERED NUMBER:

04537412

ACCOUNTANTS:

Wallace Crooke

Chartered Accountants

College House

St. Leonards Close

Bridgnorth

Shropshire

WV16 4EJ

FIXED ASSETS

Tangible assets

4

9,638

12,047

CURRENT ASSETS

Stocks

20,675

3,870

Debtors

5

20,508

40,207

Cash at bank

9,207

14,920

50,390

58,997

CREDITORS

Amounts falling due within one year

6

46,276

52,043

NET CURRENT ASSETS

4,114

6,954

TOTAL ASSETS LESS CURRENT LIABILITIES

13,752

19,001

PROVISIONS FOR LIABILITIES

2,409

3,012

NET ASSETS

11,343

15,989

CAPITAL AND RESERVES

Called up share capital

7

102

102

Retained earnings

11,241

15,887

SHAREHOLDERS' FUNDS

11,343

15,989

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 27 March 2025 and were signed on its behalf by:

Mr G L Dorrell - Director

1.	STATUTORY INFORMATION

Sladen Partnership Limited is a private company, limited by shares , registered in Not specified/Other. 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.

The company's financial statements are individual entity financial statements.

The company's financial statements are presented in Sterling and all values are rounded to the nearest pound.

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.

Computer software

-

20% on reducing balance

Office equipment

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 4 (2023 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Computer

Office

software

equipment

Totals

£

£

£

COST

At 1 October 2023

and 30 September 2024

12,551

30,931

43,482

DEPRECIATION

At 1 October 2023

4,214

27,221

31,435

Charge for year

1,667

742

2,409

At 30 September 2024

5,881

27,963

33,844

NET BOOK VALUE

At 30 September 2024

6,670

2,968

9,638

At 30 September 2023

8,337

3,710

12,047

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/9/24

30/9/23

£

£

Trade debtors

16,790

36,536

Other debtors

3,718

3,671

20,508

40,207

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/9/24

30/9/23

£

£

Trade creditors

16,477

9,666

Taxation and social security

24,205

31,806

Other creditors

5,594

10,571

46,276

52,043

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/9/24

30/9/23

value:

£

£

102

Ordinary Share Capital

£1

102

102