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REGISTERED NUMBER: 13466864 (England and Wales)
























Financial Statements

for the Year Ended 31 March 2025

for

SLAS Property Management Ltd

SLAS Property Management Ltd (Registered number: 13466864)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SLAS Property Management Ltd

Company Information
for the Year Ended 31 March 2025







DIRECTORS: S Leman
A D Stewart





REGISTERED OFFICE: 8 First Avenue
Bluebridge Industrial Estate
Halstead
Essex
CO9 2EX





REGISTERED NUMBER: 13466864 (England and Wales)





ACCOUNTANTS: Baverstocks Group Limited
140 Rayne Road
Braintree
Essex
CM7 2QR

SLAS Property Management Ltd (Registered number: 13466864)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 147,077 147,077

CURRENT ASSETS
Debtors 5 100 -
Cash at bank 7,804 5,941
7,904 5,941
CREDITORS
Amounts falling due within one year 6 46,191 45,725
NET CURRENT LIABILITIES (38,287 ) (39,784 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

108,790

107,293

CREDITORS
Amounts falling due after more than one
year

7

106,745

106,745
NET ASSETS 2,045 548

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,945 448
2,045 548

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

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

SLAS Property Management Ltd (Registered number: 13466864)

Balance Sheet - continued
31 March 2025


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 Board of Directors and authorised for issue on 5 August 2025 and were signed on its behalf by:




S Leman - Director



A D Stewart - Director


SLAS Property Management Ltd (Registered number: 13466864)

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

1. STATUTORY INFORMATION

SLAS Property Management Ltd 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.

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 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 NIL (2024 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024
and 31 March 2025 147,077
NET BOOK VALUE
At 31 March 2025 147,077
At 31 March 2024 147,077

The director, Mr S Leman, considers the fair value of the investment property to be £147,077 at the Balance Sheet date.

SLAS Property Management Ltd (Registered number: 13466864)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Directors' current accounts 100 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Amounts owed to group undertakings 45,000 -
Tax 351 105
Directors' current accounts - 44,900
Accrued expenses 840 720
46,191 45,725

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Mortgage 106,745 106,745

Amounts falling due in more than five years:

Repayable by instalments
Mortgage 106,745 106,745

8. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Bank loans 106,745 106,745

The Mortgage Works mortgage is secured on the company's investment property.

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025 2024
£    £   
S Leman
Balance outstanding at start of year - -
Amounts advanced 50 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 50 -

SLAS Property Management Ltd (Registered number: 13466864)

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

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

A D Stewart
Balance outstanding at start of year - -
Amounts advanced 50 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 50 -

The company has not charged interest on the overdrawn directors' loan accounts.

10. RELATED PARTY DISCLOSURES

The company's parent, Notley Fitness Limited has lent the company £45,000 and this is shown as a creditor due within one year in the accounts. No interest has been charged on the loan.