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REGISTERED NUMBER: 09881147 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

SLH SPA LIMITED

SLH SPA LIMITED (REGISTERED NUMBER: 09881147)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SLH SPA LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTORS: K A Fuller
S L Halstead





REGISTERED OFFICE: Boyce's Building
40-42 Regent Street
Clifton
Bristol
BS8 4HU





REGISTERED NUMBER: 09881147 (England and Wales)





ACCOUNTANTS: Lawes & Co
Boyce's Building
40-42 Regent Street
Clifton
Bristol
BS8 4HU

SLH SPA LIMITED (REGISTERED NUMBER: 09881147)

BALANCE SHEET
30 NOVEMBER 2024

30.11.24 30.11.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 53,594 67,886
Tangible assets 5 11,335 17,895
64,929 85,781

CURRENT ASSETS
Stocks 15,000 40,000
Debtors 6 3,620 -
Cash at bank - 4,385
18,620 44,385
CREDITORS
Amounts falling due within one year 7 80,109 117,704
NET CURRENT LIABILITIES (61,489 ) (73,319 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,440

12,462

CREDITORS
Amounts falling due after more than
one year

8

(58,137

)

(9,396

)

PROVISIONS FOR LIABILITIES 9 (2,834 ) (2,574 )
NET (LIABILITIES)/ASSETS (57,531 ) 492

SLH SPA LIMITED (REGISTERED NUMBER: 09881147)

BALANCE SHEET - continued
30 NOVEMBER 2024

30.11.24 30.11.23
Notes £    £    £   
CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings (57,631 ) 392
SHAREHOLDERS' FUNDS (57,531 ) 492

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

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

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 27 August 2025 and were signed on its behalf by:




S L Halstead - Director



K A Fuller - Director


SLH SPA LIMITED (REGISTERED NUMBER: 09881147)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1. STATUTORY INFORMATION

SLH Spa 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Fixtures and fittings - 15% on cost
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


SLH SPA LIMITED (REGISTERED NUMBER: 09881147)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The accounts have been prepared on a going concern basis as it is the directors' intentions to continue to support the company for the foreseeable future.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2023
and 30 November 2024 71,459
AMORTISATION
At 1 December 2023 3,573
Charge for year 14,292
At 30 November 2024 17,865
NET BOOK VALUE
At 30 November 2024 53,594
At 30 November 2023 67,886

SLH SPA LIMITED (REGISTERED NUMBER: 09881147)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 December 2023 22,419 49,008 2,513 73,940
Additions 140 - - 140
At 30 November 2024 22,559 49,008 2,513 74,080
DEPRECIATION
At 1 December 2023 7,886 45,923 2,236 56,045
Charge for year 3,911 2,652 137 6,700
At 30 November 2024 11,797 48,575 2,373 62,745
NET BOOK VALUE
At 30 November 2024 10,762 433 140 11,335
At 30 November 2023 14,533 3,085 277 17,895

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade debtors 3,521 -
Other debtors 99 -
3,620 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Bank loans and overdrafts 8,638 57,744
Trade creditors 4,633 (885 )
Taxation and social security (2,680 ) 6,514
Other creditors 69,518 54,331
80,109 117,704

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.11.24 30.11.23
£    £   
Bank loans 58,137 9,396

SLH SPA LIMITED (REGISTERED NUMBER: 09881147)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

9. PROVISIONS FOR LIABILITIES
30.11.24 30.11.23
£    £   
Deferred tax
Accelerated capital allowances 2,834 3,400
Tax losses carried forward - (826 )
2,834 2,574

Deferred
tax
£   
Balance at 1 December 2023 2,574
Accelerated capital allowances 260
Tax on losses
Balance at 30 November 2024 2,834

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.24 30.11.23
value: £    £   
100 Ordinary £1 100 100

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Interest is charged on debit balances outstanding at the rate of 2.25%.

12. RELATED PARTY DISCLOSURES

The company maintains an interest free loan account with the directors. As at the balance sheet date, the company owed the directors £64,539 (2023: £50,048).