IRIS Accounts Production v25.1.4.42 08922355 Board of Directors 1.7.23 30.6.24 30.6.24 true false true false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh089223552023-06-30089223552024-06-30089223552023-07-012024-06-30089223552022-06-30089223552022-07-012023-06-30089223552023-06-3008922355ns15:EnglandWales2023-07-012024-06-3008922355ns14:PoundSterling2023-07-012024-06-3008922355ns10:Director12023-07-012024-06-3008922355ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3008922355ns10:SmallEntities2023-07-012024-06-3008922355ns10:AuditExemptWithAccountantsReport2023-07-012024-06-3008922355ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3008922355ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3008922355ns10:FullAccounts2023-07-012024-06-3008922355ns10:OrdinaryShareClass12023-07-012024-06-3008922355ns10:Director22023-07-012024-06-3008922355ns10:RegisteredOffice2023-07-012024-06-3008922355ns5:CurrentFinancialInstruments2024-06-3008922355ns5:CurrentFinancialInstruments2023-06-3008922355ns5:Non-currentFinancialInstruments2024-06-3008922355ns5:Non-currentFinancialInstruments2023-06-3008922355ns5:ShareCapital2024-06-3008922355ns5:ShareCapital2023-06-3008922355ns5:RetainedEarningsAccumulatedLosses2024-06-3008922355ns5:RetainedEarningsAccumulatedLosses2023-06-3008922355ns5:ComputerEquipment2023-07-012024-06-3008922355ns5:FurnitureFittings2023-06-3008922355ns5:ComputerEquipment2023-06-3008922355ns5:FurnitureFittings2023-07-012024-06-3008922355ns5:FurnitureFittings2024-06-3008922355ns5:ComputerEquipment2024-06-3008922355ns5:FurnitureFittings2023-06-3008922355ns5:ComputerEquipment2023-06-3008922355ns5:Secured2024-06-3008922355ns5:Secured2023-06-3008922355ns10:OrdinaryShareClass12024-06-30
REGISTERED NUMBER: 08922355 (England and Wales)














Unaudited Financial Statements

for the Year Ended 30 June 2024

for

SLEEPER & SONS HOLDINGS LIMITED

SLEEPER & SONS HOLDINGS LIMITED (REGISTERED NUMBER: 08922355)

Contents of the Financial Statements
for the year ended 30 June 2024










Page

Company Information 1

Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


SLEEPER & SONS HOLDINGS LIMITED

Company Information
for the year ended 30 June 2024







Directors: JW Sleeper
Mrs L Sleeper





Registered office: C/O Cooper Parry
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA





Registered number: 08922355 (England and Wales)





Accountants: Cooper Parry Advisory Limited
Northside House
69 Tweedy Road
Bromley
Kent
BR1 3WA

Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Sleeper & Sons Holdings Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Sleeper & Sons Holdings Limited for the year ended 30 June 2024 which comprise the Statement of Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Sleeper & Sons Holdings Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Sleeper & Sons Holdings Limited and state those matters that we have agreed to state to the Board of Directors of Sleeper & Sons Holdings Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Sleeper & Sons Holdings Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Sleeper & Sons Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Sleeper & Sons Holdings Limited. You consider that Sleeper & Sons Holdings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Sleeper & Sons Holdings Limited. 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 statutory financial statements.






Cooper Parry Advisory Limited
Northside House
69 Tweedy Road
Bromley
Kent
BR1 3WA


27 June 2025

SLEEPER & SONS HOLDINGS LIMITED (REGISTERED NUMBER: 08922355)

Balance Sheet
30 June 2024

2024 2023
Notes £ £ £ £
Fixed assets
Tangible assets 4 400 534
Investment property 5 927,010 927,010
927,410 927,544

Current assets
Debtors 6 408,263 383,177
Cash at bank 376,671 503,148
784,934 886,325
Creditors
Amounts falling due within one year 7 193,057 367,364
Net current assets 591,877 518,961
Total assets less current liabilities 1,519,287 1,446,505

Creditors
Amounts falling due after more than one
year

8

6,395

13,372
Net assets 1,512,892 1,433,133

Capital and reserves
Called up share capital 10 200 200
Retained earnings 1,512,692 1,432,933
Shareholders' funds 1,512,892 1,433,133

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

SLEEPER & SONS HOLDINGS LIMITED (REGISTERED NUMBER: 08922355)

Balance Sheet - continued
30 June 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 June 2025 and were signed on its behalf by:





JW Sleeper - Director


SLEEPER & SONS HOLDINGS LIMITED (REGISTERED NUMBER: 08922355)

Notes to the Financial Statements
for the year ended 30 June 2024


1. Statutory information

Sleeper & Sons Holdings 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Key source of estimation, uncertainty and judgement
The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period.

There is estimation uncertainty in calculating depreciation. A full line by line review of fixed assets is carried out by management regularly. Whilst every attempt is made to ensure that the depreciation policy is as accurate as possible, there remains a risk that the policy does not match the useful life of the assets.

There is estimation uncertainty in calculating deferred tax. A full line by line review of deferred tax is carried out by management regularly. Whilst every attempt is made to ensure that the deferred tax is accurate as possible, there remains a risk that the provisions do not match the actual tax liability when asset is disposed off.

There is estimation uncertainty in calculating bad debt provisions. A full line by line review of trade debtors is carried out at the end of each month. Whilst every attempt is made to ensure that the bad debt provisions are as accurate as possible, there remains a risk that the provisions do not match the level of debts which ultimately prove to be uncollectable.

Turnover
Turnover 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.
Computer equipment - 33% on cost

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.

SLEEPER & SONS HOLDINGS LIMITED (REGISTERED NUMBER: 08922355)

Notes to the Financial Statements - continued
for the year ended 30 June 2024


2. Accounting policies - continued

Financial instruments
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

3. Employees and directors

The average number of employees during the year was 1 (2023 - 1 ) .

4. Tangible fixed assets
Fixtures
and Computer
fittings equipment Totals
£ £ £
Cost
At 1 July 2023
and 30 June 2024 2,582 800 3,382
Depreciation
At 1 July 2023 2,048 800 2,848
Charge for year 134 - 134
At 30 June 2024 2,182 800 2,982
Net book value
At 30 June 2024 400 - 400
At 30 June 2023 534 - 534

SLEEPER & SONS HOLDINGS LIMITED (REGISTERED NUMBER: 08922355)

Notes to the Financial Statements - continued
for the year ended 30 June 2024


5. Investment property
Total
£
Fair value
At 1 July 2023
and 30 June 2024 927,010
Net book value
At 30 June 2024 927,010
At 30 June 2023 927,010

6. Debtors: amounts falling due within one year
2024 2023
£ £
Amounts owed by associates 408,263 383,177

7. Creditors: amounts falling due within one year
2024 2023
£ £
Bank loans and overdrafts 6,977 6,977
Trade creditors - 2,299
Amounts owed to group undertakings 129,534 109,534
Taxation and social security 26,414 44,264
Other creditors 30,132 204,290
193,057 367,364

8. Creditors: amounts falling due after more than one year
2024 2023
£ £
Bank loans 6,395 13,372

9. Secured debts

The following secured debts are included within creditors:

2024 2023
£ £
Bank loans 13,372 20,349

10. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
200 Ordinary £1 200 200

SLEEPER & SONS HOLDINGS LIMITED (REGISTERED NUMBER: 08922355)

Notes to the Financial Statements - continued
for the year ended 30 June 2024


11. Related party disclosures

At 30 June 2024 the Company owed the directors £1,887 (2023 £176,179).

There is no set repayment date and no interest is charged on the loan.

12. Ultimate controlling party

The controlling party is JW Sleeper.