REGISTERED NUMBER: |
SSL GROUP HOLDINGS LIMITED |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
22 JULY 2024 TO 31 OCTOBER 2024 |
REGISTERED NUMBER: |
SSL GROUP HOLDINGS LIMITED |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
22 JULY 2024 TO 31 OCTOBER 2024 |
SSL GROUP HOLDINGS LIMITED (REGISTERED NUMBER: 15850654) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 22 JULY 2024 TO 31 OCTOBER 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
SSL GROUP HOLDINGS LIMITED |
COMPANY INFORMATION |
FOR THE PERIOD 22 JULY 2024 TO 31 OCTOBER 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Darland House |
44 Winnington Hill |
Northwich |
Cheshire |
CW8 1AU |
SSL GROUP HOLDINGS LIMITED (REGISTERED NUMBER: 15850654) |
BALANCE SHEET |
31 OCTOBER 2024 |
Notes | £ | £ |
FIXED ASSETS |
Investments | 4 |
CURRENT ASSETS |
Debtors | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 6 |
Retained earnings |
SHAREHOLDERS' FUNDS |
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 were approved by the Board of Directors and authorised for issue on |
SSL GROUP HOLDINGS LIMITED (REGISTERED NUMBER: 15850654) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 22 JULY 2024 TO 31 OCTOBER 2024 |
1. | STATUTORY INFORMATION |
SSL Group Holdings Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Preparation of consolidated financial statements |
The financial statements contain information about SSL Group Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements. |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
Taxation |
Taxation for the period 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 period 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. |
Share capital |
Ordinary and preference shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on the present value basis. |
Financial instrument |
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL. |
SSL GROUP HOLDINGS LIMITED (REGISTERED NUMBER: 15850654) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 22 JULY 2024 TO 31 OCTOBER 2024 |
4. | FIXED ASSET INVESTMENTS |
Shares in |
group |
undertakings |
£ |
COST |
Additions |
At 31 October 2024 |
NET BOOK VALUE |
At 31 October 2024 |
The company's investments at the Balance Sheet date in the share capital of companies include the following: |
Registered office: Inside the United Kingdom |
Nature of business: |
% |
Class of shares: | holding |
2024 |
£ |
Aggregate capital and reserves |
Profit for the period |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other debtors |
6. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
Ordinary A | £1 | 50 |
Ordinary B | £1 | 50 |
Preference | £1 | 430,000 |
430,100 |
The following shares were allotted and fully paid for cash at par during the period: |
50 Ordinary A shares of £1 each |
50 Ordinary B shares of £1 each |
430,000 Preference shares of £1 each |
Both A and B Ordinary Shares are each entitled to one vote in any circumstances. Subject to the rights of the Preference Shares, each share is entitled pari passu to dividend payments or any other distribution. |
The Preference Shares have no voting rights. Each share is entitled to a preferential dividend and to its subscription price upon a distribution of capital in priority to the Ordinary Shares. |