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REGISTERED NUMBER: 15120927 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 6 SEPTEMBER 2023 TO 30 SEPTEMBER 2024

FOR

SALTLAKE PROPERTY LIMITED

SALTLAKE PROPERTY LIMITED (REGISTERED NUMBER: 15120927)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 6 SEPTEMBER 2023 TO 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SALTLAKE PROPERTY LIMITED

COMPANY INFORMATION
FOR THE PERIOD 6 SEPTEMBER 2023 TO 30 SEPTEMBER 2024







DIRECTORS: T R Tasker
H D Tasker





REGISTERED OFFICE: 36-40 Doncaster Road
Barnsley
South Yorkshire
S70 1TL





REGISTERED NUMBER: 15120927 (England and Wales)





ACCOUNTANTS: Seaman Herbert & Co
36 - 40 Doncaster Road
Barnsley
South Yorkshire
S70 1TL

SALTLAKE PROPERTY LIMITED (REGISTERED NUMBER: 15120927)

BALANCE SHEET
30 SEPTEMBER 2024

Notes £    £   
FIXED ASSETS
Investment property 4 95,000

CURRENT ASSETS
Debtors 5 329
Cash at bank 1,340
1,669
CREDITORS
Amounts falling due within one year 6 32,198
NET CURRENT LIABILITIES (30,529 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

64,471

CREDITORS
Amounts falling due after more than one
year

7

(61,738

)

PROVISIONS FOR LIABILITIES 10 (1,490 )
NET ASSETS 1,243

CAPITAL AND RESERVES
Called up share capital 11 100
Fair value reserve 12 6,352
Retained earnings (5,209 )
SHAREHOLDERS' FUNDS 1,243

SALTLAKE PROPERTY LIMITED (REGISTERED NUMBER: 15120927)

BALANCE SHEET - continued
30 SEPTEMBER 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

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 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 Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 June 2025 and were signed on its behalf by:




T R Tasker - Director



H D Tasker - Director


SALTLAKE PROPERTY LIMITED (REGISTERED NUMBER: 15120927)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 6 SEPTEMBER 2023 TO 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Saltlake Property 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 as modified by the revaluation of certain assets.

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

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 87,158
Revaluations 7,842
At 30 September 2024 95,000
NET BOOK VALUE
At 30 September 2024 95,000

SALTLAKE PROPERTY LIMITED (REGISTERED NUMBER: 15120927)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 6 SEPTEMBER 2023 TO 30 SEPTEMBER 2024

4. INVESTMENT PROPERTY - continued

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2024 7,842
Cost 87,158
95,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 200
Prepayments 129
329

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts (see note 8) 533
Trade creditors 35
Other creditors 145
Directors' current accounts 30,570
Accrued expenses 915
32,198

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Bank loans (see note 8) 61,738

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 59,257

8. LOANS

An analysis of the maturity of loans is given below:

£   
Amounts falling due within one year or on demand:
Bank loans 533

Amounts falling due between one and two years:
Bank loans - 1-2 years 563

Amounts falling due between two and five years:
Bank loans - 2-5 years 1,918

Amounts falling due in more than five years:

SALTLAKE PROPERTY LIMITED (REGISTERED NUMBER: 15120927)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 6 SEPTEMBER 2023 TO 30 SEPTEMBER 2024

8. LOANS - continued
£   
Amounts falling due in more than five years:
Repayable by instalments
Bank loans more 5 yr by instal 59,257

9. SECURED DEBTS

The following secured debts are included within creditors:

£   
Bank loans 62,271

10. PROVISIONS FOR LIABILITIES
£   
Deferred tax 1,490

Deferred
tax
£   
Provided during period 1,490
Balance at 30 September 2024 1,490

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary £1 100

100 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

12. RESERVES
Fair
value
reserve
£   
Transfer between reserves 7,842
Deferred tax tfr in reserves (1,490 )

At 30 September 2024 6,352

13. ULTIMATE CONTROLLING PARTY

The company was under the control of the directors.