Registered number
08835516
SALTRIDGE UK LIMITED
Filleted Accounts
31 December 2024
SALTRIDGE UK LIMITED
Registered number: 08835516
Balance Sheet
as at 31 December 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 1,614 2,152
Investments 4 29,449 27,627
31,063 29,779
Current assets
Debtors 5 8,000 7,400
Cash at bank and in hand 141,895 198,751
149,895 206,151
Creditors: amounts falling due within one year 6 (42,658) (53,005)
Net current assets 107,237 153,146
Total assets less current liabilities 138,300 182,925
Creditors: amounts falling due after more than one year 7 (7,442) (26,017)
Net assets 130,858 156,908
Capital and reserves
Called up share capital 1 1
Profit and loss account 130,857 156,907
Shareholder's funds 130,858 156,908
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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.
R Roopra
Director
Approved by the board on 17 September 2025
SALTRIDGE UK LIMITED
Notes to the Accounts
for the year ended 31 December 2024
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. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant and machinery 25% Reducing balance
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
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. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 0
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 January 2024 3,547
At 31 December 2024 3,547
Depreciation
At 1 January 2024 1,395
Charge for the year 538
At 31 December 2024 1,933
Net book value
At 31 December 2024 1,614
At 31 December 2023 2,152
4 Investments
Other
investments
£
Cost
At 1 January 2024 27,627
Additions 1,822
At 31 December 2024 29,449
5 Debtors 2024 2023
£ £
Other debtors 8,000 7,400
6 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 14,474 24,326
Taxation and social security costs (4,713) 19,310
Accruals 32,897 9,369
42,658 53,005
7 Creditors: amounts falling due after one year 2024 2023
£ £
Directors loan a/c 7,442 26,017
8 Other information
SALTRIDGE UK LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
18 Roneo Corner
Hornchurch
Essex
RM12 4TN
SALTRIDGE UK LIMITED 08835516 false 2024-01-01 2024-12-31 2024-12-31 VT Final Accounts April 2025 R Roopra No description of principal activity 08835516 2023-01-01 2023-12-31 08835516 core:WithinOneYear 2023-12-31 08835516 core:AfterOneYear 2023-12-31 08835516 core:ShareCapital 2023-12-31 08835516 core:RetainedEarningsAccumulatedLosses 2023-12-31 08835516 2024-01-01 2024-12-31 08835516 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 08835516 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 08835516 bus:Director40 2024-01-01 2024-12-31 08835516 1 2024-01-01 2024-12-31 08835516 2 2024-01-01 2024-12-31 08835516 core:PlantMachinery 2024-01-01 2024-12-31 08835516 countries:England 2024-01-01 2024-12-31 08835516 bus:FRS102 2024-01-01 2024-12-31 08835516 bus:FilletedAccounts 2024-01-01 2024-12-31 08835516 2024-12-31 08835516 core:WithinOneYear 2024-12-31 08835516 core:AfterOneYear 2024-12-31 08835516 core:ShareCapital 2024-12-31 08835516 core:RetainedEarningsAccumulatedLosses 2024-12-31 08835516 core:PlantMachinery 2024-12-31 08835516 core:AdditionsToInvestments 2024-12-31 08835516 2023-12-31 08835516 core:PlantMachinery 2023-12-31 iso4217:GBP xbrli:pure