REGISTERED NUMBER: 07175281 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

SLP LONDON LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S L Payne

SECRETARY:

H E Payne

REGISTERED OFFICE:

Chart House

2 Effingham Road

Reigate

Surrey

RH2 7JN

REGISTERED NUMBER:

07175281 (England and Wales)

ACCOUNTANTS:

John Williams & Co Limited

Chartered Certified Accountants

Chart House

2 Effingham Road

Reigate

Surrey

RH2 7JN

FIXED ASSETS

Tangible assets

4

43,305

56,481

Investments

5

40,000

-

83,305

56,481

CURRENT ASSETS

Debtors

6

15,409

114,711

Cash at bank

283,159

496,230

298,568

610,941

CREDITORS

Amounts falling due within one year

7

27,371

179,593

NET CURRENT ASSETS

271,197

431,348

TOTAL ASSETS LESS CURRENT LIABILITIES

354,502

487,829

PROVISIONS FOR LIABILITIES

8

10,826

14,120

NET ASSETS

343,676

473,709

CAPITAL AND RESERVES

Called up share capital

9

120

120

Retained earnings

343,556

473,589

SHAREHOLDERS' FUNDS

343,676

473,709

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 22 December 2025 and were signed by:

S L Payne - Director

1.	STATUTORY INFORMATION

SLP London 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.

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 each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

15% on reducing balance

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 tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

1,771

50,184

17,765

69,720

DEPRECIATION

At 1 April 2024

491

3,137

9,611

13,239

Charge for year

192

11,761

1,223

13,176

At 31 March 2025

683

14,898

10,834

26,415

NET BOOK VALUE

At 31 March 2025

1,088

35,286

6,931

43,305

At 31 March 2024

1,280

47,047

8,154

56,481

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

Additions

40,000

At 31 March 2025

40,000

NET BOOK VALUE

At 31 March 2025

40,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

420

Other debtors

1,457

1,457

Directors' current accounts

13,952

112,834

15,409

114,711

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Tax

14,936

33,151

Social security and other taxes

1,680

2,879

VAT

9,355

26,798

Other creditors

1,400

1,401

Accruals and deferred income

-

115,364

27,371

179,593

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

10,826

14,120

Deferred

tax

£

Balance at 1 April 2024

14,120

Provided during year

(3,294

)

Accelerated Capital Allowances

Balance at 31 March 2025

10,826

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

1

100

100

10

Ordinary A

1

10

10

10

Ordinary B

1

10

10

120

120

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

S L Payne

Balance outstanding at start of year

112,834

13,180

Amounts advanced

13,952

112,834

Amounts repaid

(112,834

)

(13,180

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

13,952

112,834

11.	ULTIMATE CONTROLLING PARTY

The controlling party is S L Payne.