C&O SLS Limited 09432580 false 2023-08-01 2024-07-31 2024-07-31 The principal activity of the company is a care service provider. Digita Accounts Production Advanced 6.30.9574.0 true 09432580 2023-08-01 2024-07-31 09432580 2024-07-31 09432580 bus:OrdinaryShareClass1 bus:CumulativeShares 2024-07-31 09432580 core:CurrentFinancialInstruments 2024-07-31 09432580 core:CurrentFinancialInstruments core:WithinOneYear 2024-07-31 09432580 core:FurnitureFittingsToolsEquipment 2024-07-31 09432580 core:OtherPropertyPlantEquipment 2024-07-31 09432580 1 2024-07-31 09432580 bus:SmallEntities 2023-08-01 2024-07-31 09432580 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 09432580 bus:FilletedAccounts 2023-08-01 2024-07-31 09432580 bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 09432580 bus:RegisteredOffice 2023-08-01 2024-07-31 09432580 bus:Director1 2023-08-01 2024-07-31 09432580 bus:Director2 2023-08-01 2024-07-31 09432580 bus:OrdinaryShareClass1 bus:CumulativeShares 2023-08-01 2024-07-31 09432580 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 09432580 bus:Agent1 2023-08-01 2024-07-31 09432580 core:FurnitureFittingsToolsEquipment 2023-08-01 2024-07-31 09432580 core:OfficeEquipment 2023-08-01 2024-07-31 09432580 core:OtherPropertyPlantEquipment 2023-08-01 2024-07-31 09432580 core:PlantMachinery 2023-08-01 2024-07-31 09432580 countries:AllCountries 2023-08-01 2024-07-31 09432580 1 2023-08-01 2024-07-31 09432580 2023-07-31 09432580 core:FurnitureFittingsToolsEquipment 2023-07-31 09432580 core:OtherPropertyPlantEquipment 2023-07-31 09432580 1 2023-07-31 09432580 2022-08-01 2023-07-31 09432580 2023-07-31 09432580 bus:OrdinaryShareClass1 bus:CumulativeShares 2023-07-31 09432580 core:CurrentFinancialInstruments 2023-07-31 09432580 core:CurrentFinancialInstruments core:WithinOneYear 2023-07-31 09432580 core:FurnitureFittingsToolsEquipment 2023-07-31 09432580 core:OtherPropertyPlantEquipment 2023-07-31 09432580 1 2023-07-31 09432580 1 2022-08-01 2023-07-31 09432580 1 2022-07-31 iso4217:GBP xbrli:pure xbrli:shares

Registrar

Registration number: 09432580

C&O SLS Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 July 2024

 

C&O SLS Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 7

 

C&O SLS Limited

Company Information

Directors

H R Webber

M J O'Rourke

Registered office

Suite 2B Paddon House
Stortford Road
Dunmow
Essex
CM6 1DA

Bankers

Barclays Bank plc
Harlow Terminus Street
Leicestershire
Leicester
LE87 2BB

Accountants

Lambert Chapman LLP
Chartered accountants
3 Warners Mill
Silks Way
Braintree
Essex
CM7 3GB

 

C&O SLS Limited

(Registration number: 09432580)
Balance Sheet as at 31 July 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

32,532

38,698

Current assets

 

Debtors

5

189,490

139,158

Cash at bank and in hand

 

104,882

102,799

 

294,372

241,957

Creditors: Amounts falling due within one year

6

(91,206)

(86,428)

Net current assets

 

203,166

155,529

Total assets less current liabilities

 

235,698

194,227

Provisions for liabilities

(6,181)

(7,353)

Net assets

 

229,517

186,874

Capital and reserves

 

Called up share capital

7

100

100

Retained earnings

229,417

186,774

Shareholders' funds

 

229,517

186,874

For the financial year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 29 April 2025 and signed on its behalf by:
 

H R Webber
Director

M J O'Rourke
Director

 
     
 

C&O SLS Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office and principle place of business is: Suite 2B Paddon House, Stortford Road, Dunmow, Essex, CM6 1DA, England.

These financial statements were authorised for issue by the Board on 29 April 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.

These financial statements are presented in Sterling (£), which is the company's functional currency.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of care services. Turnover is shown net of returns, rebates and discounts.

Government grants

Government grants have been recognised within the profit and loss account for the accounting period they relate to.

Tax

Current Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised on material temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation.

Depreciation

Depreciation is charged so as to write off the cost of assets, over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

15% & 25% Reducing Balance

Office equipment

33% Straight Line

 

C&O SLS Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 26 (2023 - 20).

 

C&O SLS Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

4

Tangible assets

Office equipment
 £

Plant and machinery
£

Total
£

Cost or valuation

At 1 August 2023

3,754

64,398

68,152

At 31 July 2024

3,754

64,398

68,152

Depreciation

At 1 August 2023

3,519

25,935

29,454

Charge for the year

235

5,931

6,166

At 31 July 2024

3,754

31,866

35,620

Carrying amount

At 31 July 2024

-

32,532

32,532

At 31 July 2023

235

38,463

38,698

5

Debtors

Note

2024
£

2023
£

Trade debtors

 

43,650

20,126

Other debtors

 

29,050

31,050

Directors loan

10

103,336

78,297

Prepayments

 

13,454

9,685

 

189,490

139,158

 

C&O SLS Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Trade creditors

 

2,831

964

Loans and borrowings

8

-

5,000

Corporation tax

 

69,601

69,339

Taxation and social security

 

9,284

8,370

Other creditors

 

-

991

Accruals and deferred income

 

9,490

1,764

 

91,206

86,428

7

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary Shares of £1 each

100

100

100

100

       

8

Loans and borrowings

Current loans and borrowings

2024
£

2023
£

Bank borrowings

-

5,000

9

Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £5,913 (2023 - £22,498).

 

C&O SLS Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

10

Related party transactions

Transactions with directors

2024

At 1 August 2023
£

Advances to director
£

Repayments by director
£

At 31 July 2024
£

Directors loan transactions

78,297

31,290

(6,250)

103,337

 

2023

At 1 August 2022
£

Advances to director
£

Repayments by director
£

At 31 July 2023
£

Directors loan transactions

20,336

57,961

-

78,297