REGISTERED NUMBER: SC293795 (Scotland)

Unaudited Financial Statements for the Year Ended 28 February 2025

for

SLM News Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr Stuart Alexander McNeil

Mrs Lee McNeil

SECRETARY:

Mrs Lee McNeil

REGISTERED OFFICE:

Dunvegan

Stewart Street

Bonnybridge

FK4 1DN

REGISTERED NUMBER:

SC293795 (Scotland)

ACCOUNTANTS:

West One Business Solutions

Brook House

86 Brook Street

Broughty Ferry

DUNDEE

DD5 1DQ

CURRENT ASSETS

Debtors

5

461

461

Cash at bank

316,350

316,474

316,811

316,935

CREDITORS

Amounts falling due within one year

6

13,750

1,450

NET CURRENT ASSETS

303,061

315,485

TOTAL ASSETS LESS CURRENT LIABILITIES

303,061

315,485

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

303,059

315,483

SHAREHOLDERS' FUNDS

303,061

315,485

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

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 29 November 2025 and were signed on its behalf by:

Mr Stuart Alexander McNeil - Director

1.	STATUTORY INFORMATION

SLM News Limited is a private company, limited by shares , registered in Scotland. 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles

-

25% on cost

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

At 29 February 2024

and 28 February 2025

14,418

DEPRECIATION

At 29 February 2024

and 28 February 2025

14,418

NET BOOK VALUE

At 28 February 2025

-

At 28 February 2024

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

28.2.24

£

£

Other debtors

461

461

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

28.2.24

£

£

Trade creditors & accruals

1,750

1,450

Directors' loan account

12,000

-

13,750

1,450