Registered number
07492874
SL Asset Management Limited
Report and Accounts
31 January 2025
SL Asset Management Limited
Registered number: 07492874
Balance Sheet
as at 31 January 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 - 712
Current assets
Debtors 4 17,650 19,650
Cash at bank and in hand 27,264 19,263
44,914 38,913
Creditors: amounts falling due within one year 5 (11,935) (8,953)
Net current assets 32,979 29,960
Net assets 32,979 30,672
Capital and reserves
Called up share capital 1 1
Profit and loss account 32,978 30,671
Shareholder's funds 32,979 30,672
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
S Ling
Director
Approved by the board on 30 April 2025
SL Asset Management Limited
Notes to the Accounts
for the year ended 31 January 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
Turnover represents the value, net of value added tax and discounts, of work carried out in respect of services provided to customers.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Computer equipment over 3 years
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Computer equipment
£
Cost
At 1 February 2024 3,699
At 31 January 2025 3,699
Depreciation
At 1 February 2024 2,987
Charge for the year 712
At 31 January 2025 3,699
Net book value
At 31 January 2025 -
At 31 January 2024 712
4 Debtors 2025 2024
£ £
Trade debtors 15,150 16,650
Other debtors 2,500 3,000
17,650 19,650
5 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors 3,961 456
Corporation tax 4,226 4,748
Other creditors 3,748 3,749
11,935 8,953
6 Other information
SL Asset Management Limited is a private company limited by shares and incorporated in England. Its registered office is:
156 Russell Drive
Wollaton
Nottingham
Nottinghamshire
NG8 2BE
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