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REGISTERED NUMBER: SC615416 (Scotland)






























Financial Statements for the Year Ended 31 January 2025

for

SLLP251 Limited

SLLP251 Limited (Registered number: SC615416)






Contents of the Financial Statements
for the Year Ended 31 January 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SLLP251 Limited

Company Information
for the Year Ended 31 January 2025







DIRECTOR: E S Anderson





SECRETARY: Stronachs Secretaries Limited





REGISTERED OFFICE: 28 Albyn Place
Aberdeen
AB10 1YL





REGISTERED NUMBER: SC615416 (Scotland)






SLLP251 Limited (Registered number: SC615416)

Balance Sheet
31 January 2025

31.1.25 31.1.24
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 544,850 557,570
Investments 5 - 80
544,850 557,650

CURRENT ASSETS
Debtors 6 207,964 202,294
Cash at bank 3,233 5,538
211,197 207,832
CREDITORS
Amounts falling due within one year 7 942,339 937,184
NET CURRENT LIABILITIES (731,142 ) (729,352 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(186,292

)

(171,702

)

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (186,293 ) (171,703 )
SHAREHOLDERS' FUNDS (186,292 ) (171,702 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

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 9 June 2025 and were signed by:





E S Anderson - Director


SLLP251 Limited (Registered number: SC615416)

Notes to the Financial Statements
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

SLLP251 Limited is a private company, limited by shares , registered in Scotland. 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.

The company has reported a loss for the year of £14,589 (2024 £54,255) and the balance sheet shows net current liabilities of £731,142 (2024 £729,352) and total net liabilities of £186,292 (2024 £171,702 ).

These accounts are prepared on a going concern basis because of the continuing financial support provided by the director.

At the time of approving the financial statements the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

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.
Freehold property - 2% on cost
Improvements to property - 2% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

SLLP251 Limited (Registered number: SC615416)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

4. PROPERTY, PLANT AND EQUIPMENT
Improvements
Freehold to Computer
property property equipment Totals
£    £    £    £   
COST
At 1 February 2024
and 31 January 2025 537,902 73,620 980 612,502
DEPRECIATION
At 1 February 2024 51,988 2,944 - 54,932
Charge for year 10,758 1,472 490 12,720
At 31 January 2025 62,746 4,416 490 67,652
NET BOOK VALUE
At 31 January 2025 475,156 69,204 490 544,850
At 31 January 2024 485,914 70,676 980 557,570

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 February 2024
and 31 January 2025 80
PROVISIONS
Provision for year 80
At 31 January 2025 80
NET BOOK VALUE
At 31 January 2025 -
At 31 January 2024 80

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Other debtors 207,964 202,294

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Trade creditors 2,476 16,418
Taxation and social security 2,549 2,070
Other creditors 937,314 918,696
942,339 937,184

SLLP251 Limited (Registered number: SC615416)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2025 and 31 January 2024:

31.1.25 31.1.24
£    £   
E S Anderson
Balance outstanding at start of year (28,830 ) (63,127 )
Amounts advanced 34,500 34,297
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 5,670 (28,830 )