SSL (Holdings) Limited - Accounts to registrar (filleted)

SSL (HOLDINGS) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31ST MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Accountants' Report

7

DIRECTORS:

B S Lidder

K K Lidder

SECRETARY:

B S Lidder

REGISTERED OFFICE:

First Floor, Woburn Court

2 Railton Road,

Woburn Road Industrial Estate, Kempston

Bedford

MK42 7PN

REGISTERED NUMBER:

07974287 (England and Wales)

ACCOUNTANTS:

HW Bedford Limited

Trading as Haines Watts

First Floor, Woburn Court

2 Railton Road

Woburn Rd Ind Est

Kempston

Bedfordshire

MK42 7PN

FIXED ASSETS

Tangible assets

4

242,532

250,572

Investments

5

150

242,682

250,722

CURRENT ASSETS

Debtors

6

70

132,500

Cash at bank

223,700

49,705

223,770

182,205

CREDITORS

Amounts falling due within one year

7

23,933

10,267

NET CURRENT ASSETS

199,837

171,938

TOTAL ASSETS LESS CURRENT
LIABILITIES

442,519

422,660

CAPITAL AND RESERVES

Called up share capital

8

150

Retained earnings

442,369

422,510

SHAREHOLDERS' FUNDS

442,519

422,660

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11th December 2025 and were signed on its behalf by:

B S Lidder - Director

1.	STATUTORY INFORMATION

SSL (Holdings) 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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Preparation of consolidated financial statements

The financial statements contain information about SSL (Holdings) Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

Turnover represents income received from subsidiary companies in the form of management & hire charges and interest receivable on loans.

Tangible fixed assets

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

Freehold property

-

straight line over 20 years

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.

Deferred tax

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.

Tax deferred or accelerated is accounted for in respect of all material timing differences.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1st April 2024

and 31st March 2025

321,593

DEPRECIATION

At 1st April 2024

71,021

Charge for year

8,040

At 31st March 2025

79,061

NET BOOK VALUE

At 31st March 2025

242,532

At 31st March 2024

250,572

Included in cost of land and buildings is freehold land of £ 160,796 (2024 - £ 160,796 ) which is not depreciated.

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1st April 2024

and 31st March 2025

150

NET BOOK VALUE

At 31st March 2025

150

At 31st March 2024

150

The company's investments at the Balance Sheet date in the share capital of companies include the following:

SSL Foodservice Ltd

Registered office: First Floor, Woburn Court, 2 Railton Road, Woburn Road Industrial Estate, Kempston, Bedford. MK42 7PN

Nature of business: Wholesaler of dairy and food products.

%

Class of shares:

holding

Ordinary

100.00

26/4/25

31/3/24

£

Aggregate capital and reserves

77,030

536,811

(Loss)/profit for the period/year

(459,781

)

134,408

The investment value has been restated at par of 150 shares at £1.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

as restated

£

Trade debtors

-

2,500

Amounts owed by group undertakings

-

130,000

VAT

70

-

70

132,500

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

as restated

£

Corporation tax

18,933

10,267

Accrued expenses

5,000

-

23,933

10,267

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/25

31/3/24

value:

as restated

£

150

ORDINARY

£1

150

9.	POST BALANCE SHEET EVENTS

The company's subsidiary, SSL Foodservice Limited, was sold on 26 April 2025.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of SSL (Holdings) Limited for the year ended 31st March 2025 which comprise the Statement of Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of SSL (Holdings) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of SSL (Holdings) Limited and state those matters that we have agreed to state to the Board of Directors of SSL (Holdings) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SSL (Holdings) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that SSL (Holdings) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of SSL (Holdings) Limited. You consider that SSL (Holdings) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of SSL (Holdings) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

HW Bedford Limited

Trading as Haines Watts

First Floor, Woburn Court

2 Railton Road

Woburn Rd Ind Est

Kempston

Bedfordshire

MK42 7PN

11th December 2025