SALEM PROJECTS LIMITED


Directors	Salem, Katherine Diane
	Salem, Lucan Harrison


Registered Address	42 Donne Place
	London
	SW3 2NH


Registered Number	08694888 (England and Wales)

Statement of Financial Position
31 March 2025

	Notes	2025		2024
		£	£	£	£
Current assets
Debtors	3	187,054		170,908
Cash at bank and on hand		449		2,628
		187,503		173,536
Creditors amounts falling due within one year	4	(190,053)		(173,907)
Net current assets (liabilities)			(2,550)		(371)
Total assets less current liabilities			(2,550)		(371)
Net assets			(2,550)		(371)
Capital and reserves
Called up share capital			1		1
Profit and loss account			(2,551)		(372)
Shareholders' funds			(2,550)		(371)

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 22 December 2025, and are signed on its behalf by:

Salem, Lucan Harrison
Director
Registered Company No. 08694888

SALEM PROJECTS LIMITED

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	The director have a reasonable expectation that the company will continue in operational existence for the foreseeable future and therefore used the going concern basis in preparing the financial statements

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Defined contribution pension plan
	The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

Defined contribution pension plan

The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	75		75

3.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	187,053	170,907
Other debtors	1	1
Total	187,054	170,908

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Taxation and social security	55,227	49,993
Other creditors	134,826	123,914
Total	190,053	173,907

5.	Controlling party
	The ultimate controlling party is Mrs. K D Salem, a director of the company.