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REGISTERED NUMBER: 05263280 (England and Wales)











Financial Statements

for the Year Ended 31st August 2024

for

S.J. Slater (Trailers) Limited

S.J. Slater (Trailers) Limited (Registered number: 05263280)

Contents of the Financial Statements
for the Year Ended 31st August 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


S.J. Slater (Trailers) Limited

Company Information
for the Year Ended 31st August 2024







DIRECTOR: Mr S J Slater





SECRETARY: Mrs M L Slater





REGISTERED OFFICE: Brookfield Farm
Lancaster Road
Forton
Preston
Lancashire
PR3 0BP





REGISTERED NUMBER: 05263280 (England and Wales)





ACCOUNTANTS: Towers + Gornall Ltd
Chartered Certified Accountants
River View
96 High Street
Garstang
Preston
Lancashire
PR3 1WZ

S.J. Slater (Trailers) Limited (Registered number: 05263280)

Balance Sheet
31st August 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Property, plant and equipment 4 291,770 262,860
Investments 5 50,900 50,900
342,670 313,760

CURRENT ASSETS
Inventories 3,221 2,472
Debtors 6 78,598 116,659
Cash at bank 38,326 54,402
120,145 173,533
CREDITORS
Amounts falling due within one year 7 110,532 391,928
NET CURRENT ASSETS/(LIABILITIES) 9,613 (218,395 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

352,283

95,365

CREDITORS
Amounts falling due after more than one
year

8

(45,369

)

(69,744

)

PROVISIONS FOR LIABILITIES (26,060 ) (17,481 )
NET ASSETS 280,854 8,140

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 280,852 8,138
SHAREHOLDERS' FUNDS 280,854 8,140

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

S.J. Slater (Trailers) Limited (Registered number: 05263280)

Balance Sheet - continued
31st August 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 16th May 2025 and were signed by:





Mr S J Slater - Director


S.J. Slater (Trailers) Limited (Registered number: 05263280)

Notes to the Financial Statements
for the Year Ended 31st August 2024


1. STATUTORY INFORMATION

S.J. Slater (Trailers) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing inventories to their present location and condition.

Taxation
Taxation for the year 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 year 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 5 ) .

S.J. Slater (Trailers) Limited (Registered number: 05263280)

Notes to the Financial Statements - continued
for the Year Ended 31st August 2024


4. PROPERTY, PLANT AND EQUIPMENT
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st September 2023 181,628 400,488 582,116
Additions - 69,495 69,495
Disposals - (11,295 ) (11,295 )
At 31st August 2024 181,628 458,688 640,316
DEPRECIATION
At 1st September 2023 - 319,256 319,256
Charge for year - 36,713 36,713
Eliminated on disposal - (7,423 ) (7,423 )
At 31st August 2024 - 348,546 348,546
NET BOOK VALUE
At 31st August 2024 181,628 110,142 291,770
At 31st August 2023 181,628 81,232 262,860

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1st September 2023
and 31st August 2024 50,900
NET BOOK VALUE
At 31st August 2024 50,900
At 31st August 2023 50,900

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 72,527 115,040
Other debtors 6,071 1,619
78,598 116,659

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 22,733 20,727
Trade creditors 23,207 23,413
Amounts owed to associates 13,164 289,363
Taxation and social security 47,185 53,329
Other creditors 4,243 5,096
110,532 391,928

S.J. Slater (Trailers) Limited (Registered number: 05263280)

Notes to the Financial Statements - continued
for the Year Ended 31st August 2024


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 45,369 69,744

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 6,977