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REGISTERED NUMBER: 01767495 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

FOR

Sladegate Limited

Sladegate Limited (Registered number: 01767495)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Sladegate Limited

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2025







DIRECTORS: G Foxwell
S Foxwell
Miss V Foxwell





SECRETARY: G Foxwell





REGISTERED OFFICE: 2A Lighthouse Trade Park
Church Road
Lydney
Gloucestershire
GL15 5EN





REGISTERED NUMBER: 01767495 (England and Wales)





ACCOUNTANTS: Knights
2A Lighthouse Trade Park
Church Road
Lydney
Gloucestershire
GL15 5EN

Sladegate Limited (Registered number: 01767495)

BALANCE SHEET
31 JANUARY 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 432,034 432,034

CURRENT ASSETS
Debtors 5 3,206 5,003
Cash at bank 11,005 34,714
14,211 39,717
CREDITORS
Amounts falling due within one year 6 6,776 17,163
NET CURRENT ASSETS 7,435 22,554
TOTAL ASSETS LESS CURRENT
LIABILITIES

439,469

454,588

CAPITAL AND RESERVES
Called up share capital 2 2
Revaluation reserve 7 93,187 93,187
Retained earnings 346,280 361,399
SHAREHOLDERS' FUNDS 439,469 454,588

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 April 2025 and were signed on its behalf by:





G Foxwell - Director


Sladegate Limited (Registered number: 01767495)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

1. STATUTORY INFORMATION

Sladegate 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 1 ) .

Sladegate Limited (Registered number: 01767495)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025

4. TANGIBLE FIXED ASSETS
Freehold Long
property leasehold Totals
£    £    £   
COST OR VALUATION
At 1 February 2024
and 31 January 2025 132,034 300,000 432,034
NET BOOK VALUE
At 31 January 2025 132,034 300,000 432,034
At 31 January 2024 132,034 300,000 432,034

Leasehold properties were valued on an open market basis on 31st January 2015 by the directors GF Foxwell FRICS. The original cost of the property was £206,813.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 17,380 13,822
Bad debt provision (16,123 ) (10,718 )
Prepayments and accrued income 1,949 1,899
3,206 5,003

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 2 3
Taxation and social security 5,836 6,858
Other creditors 938 10,302
6,776 17,163

7. RESERVES
Revaluation
reserve
£   
At 1 February 2024
and 31 January 2025 93,187