REGISTERED NUMBER: 07109375 (England and Wales)

SLIMMERIA LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTOR:

Mrs G Grainger

REGISTERED OFFICE:

20 Eversley Road

Bexhill-on-Sea

East Sussex

TN40 1HE

REGISTERED NUMBER:

07109375 (England and Wales)

ACCOUNTANTS:

Gibbons Mannington & Phipps LLP

Chartered Accountants

20 Eversley Road

Bexhill-on-Sea

East Sussex

TN40 1HE

FIXED ASSETS

Tangible assets

4

321,990

327,407

Investment property

5

895,000

895,000

1,216,990

1,222,407

CURRENT ASSETS

Cash at bank

1,527

3,301

CREDITORS

Amounts falling due within one year

6

784,580

651,541

NET CURRENT LIABILITIES

(783,053

)

(648,240

)

TOTAL ASSETS LESS CURRENT LIABILITIES

433,937

574,167

CREDITORS

Amounts falling due after more than one year

7

(481,317

)

(502,067

)

PROVISIONS FOR LIABILITIES

-

(6,433

)

NET (LIABILITIES)/ASSETS

(47,380

)

65,667

CAPITAL AND RESERVES

Called up share capital

8

100

100

Fair value reserve

9

80,507

74,074

Retained earnings

(127,987

)

(8,507

)

SHAREHOLDERS' FUNDS

(47,380

)

65,667

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 director acknowledges her 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 30th December 2025 and were signed by:

Mrs G Grainger - Director

1.	STATUTORY INFORMATION

Slimmeria 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.

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.

Turnover

Turnover represents net invoiced fees for hotel services, excluding value added tax.

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.

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on cost

Investment property

Investment property is included at fair value. Any increase in fair value is not distributable until such time that it is realised, and it is therefore transferred to a non-distributable fair value reserve at the end of each period. Where there is a reduction in fair value, this will first reduce the fair value reserve. Should the reduction exceed the fair value reserve, any remaining amount will reduce distributable reserves.

Deferred tax is recognised on any unrealised gain arising from an increase in fair value. The amount transferred to the fair value reserve is net of deferred tax.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST

At 1st April 2024

and 31st March 2025

291,297

147,109

836

439,242

DEPRECIATION

At 1st April 2024

-

110,999

836

111,835

Charge for year

-

5,417

-

5,417

At 31st March 2025

-

116,416

836

117,252

NET BOOK VALUE

At 31st March 2025

291,297

30,693

-

321,990

At 31st March 2024

291,297

36,110

-

327,407

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st April 2024

and 31st March 2025

895,000

NET BOOK VALUE

At 31st March 2025

895,000

At 31st March 2024

895,000

Fair value at 31st March 2025 is represented by:

£

Valuation in 2024

80,507

Cost

814,493

895,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

36,896

39,252

Trade creditors

4,461

-

Taxation and social security

19,557

23,845

Other creditors

723,666

588,444

784,580

651,541

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

481,317

502,067

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

9.

RESERVES

Fair

value

reserve

£

At 1st April 2024

74,074

Transfer between reserves

6,433

At 31st March 2025

80,507

10.	GOING CONCERN

The company has an insolvent Balance Sheet however the director has considered a period of 12 months from the date of signing the accounts, and consider that the company is able to meet its financial liabilities as they fall due for a period of at least 12 months.