Company Registration No. NI628234 (Northern Ireland)
S.L.C.M.S.S LTD
Unaudited accounts
for the year ended 31 December 2024
S.L.C.M.S.S LTD
Unaudited accounts
Contents
S.L.C.M.S.S LTD
Company Information
for the year ended 31 December 2024
Directors
Linda A Stewart
Shane G Stewart
Company Number
NI628234 (Northern Ireland)
Registered Office
Stewarts Butchers
26 Church St
Enniskillen
Fermaangh
BT74 7EJ
N Ireland
Accountants
MacNeary Rasdale & Co. Ltd
Wellington House
30 Darling St
Enniskillen
Fermanagh
BT74 7EW
Accountants' report to the Board of Directors on the unaudited financial statements of S.L.C.M.S.S LTD for the year ended 31 December 2024
In accordance with our engagement letter dated 1 March 2025, and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records and information and explanations you have given to us.
This report is made solely to the company's Board of Directors, as a body, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company's Board of Directors that we have done so and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's Board of Directors as a body, for our work or for this report.
We have carried out this engagement in accordance with guidance issued by the Chartered Accountants Ireland and have complied with the ethical guidance laid down by the Institute relating to members undertaking the compilation of financial statements.
You have acknowledged on the balance sheet for the year ended 31 December 2024 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
MacNeary Rasdale & Co. Ltd
Chartered Accountants
Wellington House
30 Darling St
Enniskillen
Fermanagh
BT74 7EW
30 May 2025
S.L.C.M.S.S LTD
Statement of financial position
as at 31 December 2024
Intangible assets
-
37,500
Tangible assets
557,130
591,350
Cash at bank and in hand
111,313
87,366
Creditors: amounts falling due within one year
(588,250)
(531,281)
Net current liabilities
(436,727)
(406,345)
Total assets less current liabilities
120,403
222,505
Creditors: amounts falling due after more than one year
-
(60,000)
Net assets
120,403
162,505
Called up share capital
100
100
Profit and loss account
120,303
162,405
Shareholders' funds
120,403
162,505
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 May 2025 and were signed on its behalf by
Shane G Stewart
Director
Company Registration No. NI628234
S.L.C.M.S.S LTD
Notes to the Accounts
for the year ended 31 December 2024
S.L.C.M.S.S LTD is a private company, limited by shares, registered in Northern Ireland, registration number NI628234. The registered office is Stewarts Butchers, 26 Church St, Enniskillen, Fermaangh, BT74 7EJ, N Ireland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% Straight Line
Plant & machinery
25% Reducung Balance
Motor vehicles
15% Reducung Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 31 December 2024
375,000
Charge for the year
37,500
At 31 December 2024
375,000
At 31 December 2023
37,500
S.L.C.M.S.S LTD
Notes to the Accounts
for the year ended 31 December 2024
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2024
565,369
196,931
97,160
859,460
At 31 December 2024
565,369
197,929
97,160
860,458
At 1 January 2024
78,197
140,420
49,493
268,110
Charge for the year
11,307
14,378
9,533
35,218
At 31 December 2024
89,504
154,798
59,026
303,328
At 31 December 2024
475,865
43,131
38,134
557,130
At 31 December 2023
487,172
56,511
47,667
591,350
Amounts falling due within one year
Trade debtors
13,506
12,124
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
78,936
96,443
Trade creditors
202,519
158,411
Taxes and social security
20,135
5,348
Other creditors
60,000
60,000
Loans from directors
207,180
179,213
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 24 (2023: 23).