Registered number: 03383844 | ||||||||
FOR THE YEAR ENDED 31/03/2025 | ||||||||
Prepared By: | ||||||||
Greywalls Accountants Limited | ||||||||
13 | ||||||||
Isis Lake | ||||||||
Cirencester | ||||||||
Gloucestershire | ||||||||
GL7 5LT |
Salcon Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/03/2025 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 03383844 | ||||||||
ACCOUNTANTS | ||||||||
Greywalls Accountants Limited | ||||||||
13 | ||||||||
Isis Lake | ||||||||
Cirencester | ||||||||
Gloucestershire | ||||||||
GL7 5LT |
Salcon Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31/03/2025 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Salcon Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2025 | 2024 | |||||||||
Notes | £ | £ | ||||||||
CURRENT ASSETS | ||||||||||
Debtors | 2 | |||||||||
Cash at bank and in hand | ||||||||||
7,377 | 3,376 | |||||||||
CREDITORS: Amounts falling due within one year | 3 | |||||||||
NET CURRENT ASSETS | 1,448 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 5 | |||||||||
Profit and loss account | 1,935 | 1,348 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Salcon Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/03/2025 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Taxation | ||||||||
The tax expense for the year comprises current and deferred tax. Tax is recognised in the Statement of comprehensive income, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date. | ||||||||
Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that; the recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. | ||||||||
Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
1c. Functional Currency | ||||||||
The functional currency of the company is considered to be pounds sterling because that is the currency of the primary economic environment in which the company operates. The financial statements are presented in pounds sterling. | ||||||||
Monetary amounts in these financial statements are rounded to the nearest £. |
1d. Turnover | ||||||||
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised: | ||||||||
Rendering of services - Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: a) the amount of turnover can be measured reliably; b) it is probable that the Company will receive the consideration due under the contract; c) the stage of completion of the contract at the end of the reporting period can be measured reliably; and d) the costs incurred and the costs to complete the contract can be measured reliably. |
Salcon Limited | ||||||||
1e. Basis Of Accounting FRS 1021 a | ||||||||
The accounts have been prepared under the historical cost convention and in accordance with Financial Reporting Statndard 102 (1A). |
2. DEBTORS | 2025 | 2024 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 20 | 56 | ||||||
VAT | 96 | 29 | ||||||
Directors current account | - | 2,771 | ||||||
116 | 2,856 | |||||||
3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2025 | 2024 | |||||||
£ | £ | |||||||
UK corporation tax | 2,014 | 535 | ||||||
Directors current account | 2,040 | - | ||||||
Trade creditors | 88 | 93 | ||||||
Accruals | 1,200 | 1,300 | ||||||
5,342 | 1,928 | |||||||
4. EMPLOYEES | ||||||
2025 | 2024 | |||||
No. | No. | |||||
Average number of employees | 1 | |||||
5. SHARE CAPITAL | 2025 | 2024 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
100 | 100 | |||||||
Salcon Limited | ||||||||
6. CONTROLLING PARTY | ||||||||
The company is controlled by S Lightowler, the company's director, by virtue of his interest in the company's issued share capital. | ||||||||
7. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
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8. ADDITIONAL INFORMATION | ||||||||
The company is a private company, limited by shares and registered in England. | ||||||||
Its registered number is 03383844. | ||||||||
Its registered office is 66 Ramsey Gardens, Plymouth, PL 5 3UX. |