| The Old Salt Loft Limited |
| Registered Number:11639010 |
For the year ended 31 December 2024
England and Wales
Unaudited Financial Statements
For the year ended 31 December 2024
The Old Salt Loft Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
The Old Salt Loft Limited
Statement of Financial Position
2023
2024
8,190
8,775
2
| Property, plant and equipment |
45,200
57,351
3
53,390
66,126
2,000
2,000
4
| Trade and other receivables |
73,537
75,467
5
42,943
| Cash and cash equivalents |
67,562
145,029
118,480
| Trade and other payables: amounts falling due within one year |
(18,036)
(24,407)
6
100,444
120,622
Net current assets
| Total assets less current liabilities |
174,012
166,570
| Trade and other payables: amounts falling due after more than one year |
(118,100)
(105,815)
7
68,197
Net assets
48,470
100
100
68,097
48,370
68,197
48,470
Shareholders' funds
| For the year ended 31 December 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
| The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| Sarah Emily Buckley Director |
| These financial statements were approved and authorised for issue by the Board on 30 September 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 December 2024
The Old Salt Loft Limited
Notes to the Financial Statements
Statutory Information
| The Old Salt Loft Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number 11639010. |
| Principal place of business: |
The Studio
Belvedere Road
Burnham on Crouch
Essex
CM0 8AJ
107a Maldon Road
Burnham on Crouch
Essex
CM0 8DD
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 ''The |
| Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have |
| been prepared under the historical costs convention as modified by the revaluation of certain assets. |
Goodwill
| Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of 20 years. |
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Intangible Asset
Plant and Machinery
Computer Equipment
Motor Vehicles
Furniture and Fittings
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For the year ended 31 December 2024
The Old Salt Loft Limited
Notes to the Financial Statements Continued
| 2. Intangible fixed assets |
Goodwill
11,700
11,700
2,925
585
Charge for year
3,510
8,190
8,775
| 3. Property, plant and equipment |
Motor Vehicles
96,555
6,033
1,488
6,800
82,234
10,781
949
849
-
8,983
-
-
-
(14,996)
(14,996)
6,800
2,337
6,982
92,340
76,221
| Provision for depreciation and impairment |
39,204
3,309
937
5,100
29,858
Charge for year
13,559
1,746
585
1,700
9,528
(5,623)
-
-
-
(5,623)
47,140
5,055
1,522
6,800
33,763
42,458
-
815
1,927
45,200
52,376
1,700
551
2,724
57,351
2023
2024
2,000
2,000
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For the year ended 31 December 2024
The Old Salt Loft Limited
Notes to the Financial Statements Continued
| 5. Trade and other receivables |
2023
2024
68,184
72,410
7,283
1,127
73,537
75,467
| 6. Trade and other payables: amounts falling due within one year |
2023
2024
171
-
5,336
6,837
| Taxation and social security |
15,503
9,176
3,397
2,023
24,407
18,036
| 7. Trade and other payables: amounts falling due after more than one year |
2023
2024
10,015
17,500
| Bank loans and overdraft (secured) |
6,800
11,600
89,000
89,000
105,815
118,100
| 8. Average number of persons employed |
During the year the average number of employees was 7 (2023 : 7)
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