SLKR Investments Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 12902456 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

SLKR INVESTMENTS LIMITED

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

524

868

Investment property

5

1,450,000

1,450,524

1,450,868

CURRENT ASSETS

Debtors

6

756,475

785,549

Cash at bank

345,182

36,620

1,101,657

822,169

CREDITORS: AMOUNTS FALLING DUE WITHIN
ONE YEAR

7

426,787

277,335

NET CURRENT ASSETS

674,870

544,834

TOTAL ASSETS LESS CURRENT LIABILITIES

2,125,394

1,995,702

PROVISIONS FOR LIABILITIES

84,179

84,265

NET ASSETS

2,041,215

1,911,437

CAPITAL AND RESERVES

Called up share capital

1

Revaluation reserve

252,143

Retained earnings

1,789,071

1,659,293

SHAREHOLDERS' FUNDS

2,041,215

1,911,437

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

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 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 director and authorised for issue on 29 September 2025 and were signed by:

L J Rudd - Director

1.	STATUTORY INFORMATION

SLKR Investments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

12902456

Registered office:

5 Razorbill Court

Harrier Way

Eagle Business Park

Peterborough

Cambridgeshire

PE7 3WL

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 as modified by the revaluation of certain assets.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

No significant judgements (apart from those involving estimations) have been made by management in the process of applying the entity's accounting policies and preparing these financial statements.

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. There have been no key assumptions or there sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

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 the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

At each balance sheet date assets not carried at fair value are assessed to determine whether there is an indication that the asset may be impaired. If there is such an indication the recoverable amount of the asset is compared to the carrying amount of the asset.

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.

Financial instruments

The company holds basic financial instruments as defined in FRS102. The financial assets and financial liabilities of the company and their measurement basis are as follows:

Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at amortised cost.

Financial liabilities - trade creditors, accruals and other creditors and basic financial instruments and are measured at amortised cost. Taxation and social security and not included in the financial instruments disclosure definition.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Debtors

Short term debtors are initially measured at transaction price less attributable costs. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short term trade creditors are initially measured at transaction price less attributable costs. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

1,041

DEPRECIATION

At 1 January 2024

173

Charge for year

344

At 31 December 2024

517

NET BOOK VALUE

At 31 December 2024

524

At 31 December 2023

868

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

1,450,000

NET BOOK VALUE

At 31 December 2024

1,450,000

At 31 December 2023

1,450,000

Included in fair value of investment property is freehold land of £ 125,000 (2023 - £ 125,000 ) which is not depreciated.

Fair value at 31 December 2024 is represented by:

£

Valuation in 2022

254,226

Valuation in 2023

81,965

Cost

1,113,809

1,450,000

If investment property had not been revalued they would have been included at the following historical cost:

2024

2023

£

Cost

1,113,809

The investment properties were valued on an open market basis on 31 December 2024 by the director .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Trade debtors

818

548

Amounts owed by associates

322,500

100,000

Other debtors

433,157

685,001

756,475

785,549

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Trade creditors

1,514

1,979

Amounts owed to associates

400,000

200,000

Taxation and social security

20,660

20,843

Other creditors

4,613

54,513

426,787

277,335

8.	SECURED DEBTS

A charge dated 2022 is held by Barclays Security Trustee Limited over all the company's present and future freehold and leasehold property, together with all buildings, structures, plant and machinery, fixtures and fittings, goodwill, uncalled capital and all other intellectual property rights. The legal charge contains a fixed and floating charge.

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

L J Rudd

Balance outstanding at start of year

-

Amounts advanced

421,121

-

Amounts repaid

(242,964

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

178,157

-

The above loan is unsecured, repayable on demand and subject to interest at HMRC official rates for beneficial loan arrangements.

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £20,000 (2023 - £420,000) were paid to the director .

At the year-end the net amounts due to connected companies was £77,500 (2023 - £100,000). The loans are unsecured, interest free and repayable on demand.

11.	ULTIMATE CONTROLLING PARTY

The controlling party is L J Rudd.