| 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 |