Registered number
15696166
Sulac Group Limited
Filleted Accounts
31 March 2025
Sulac Group Limited
Registered number: 15696166
Balance Sheet
as at 31 March 2025
Notes 2025
£
Fixed assets
Tangible assets 3 5,811
Current assets
Debtors 4 76,161
Cash at bank and in hand 10,268
86,429
Creditors: amounts falling due within one year 5 (47,037)
Net current assets 39,392
Total assets less current liabilities 45,203
Creditors: amounts falling due after more than one year 6 (357)
Net assets 44,846
Capital and reserves
Called up share capital 1,000
Profit and loss account 43,846
Shareholders' funds 44,846
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.
L Sulaj
Director
Approved by the board on 10 June 2025
Sulac Group Limited
Notes to the Accounts
for the period from 30 April 2024 to 31 March 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 (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
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:
Motor vehicles over 4 years
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell.
Debtors
Short term debtors are measured at transaction price.
Creditors
Short term creditors are measured at transaction price.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
Leased assets
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2025
Number
Average number of persons employed by the company 18
3 Tangible fixed assets
Motor vehicles
£
Cost
Additions 7,340
At 31 March 2025 7,340
Depreciation
Charge for the period 1,529
At 31 March 2025 1,529
Net book value
At 31 March 2025 5,811
4 Debtors 2025
£
Trade debtors 62,285
Other debtors 13,876
76,161
5 Creditors: amounts falling due within one year 2025
£
Obligations under finance lease and hire purchase contracts 2,145
Trade creditors 3,146
Taxation and social security costs 40,610
Other creditors 1,136
47,037
6 Creditors: amounts falling due after one year 2025
£
Obligations under finance lease and hire purchase contracts 357
7 Other information
Sulac Group Limited is a private company limited by shares and incorporated in England. Its registered office is:
4 Whitehouse Way
Aldridge
Walsall
WS9 0BB
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