REGISTERED NUMBER: 11332186 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2025

for

SAL CEILINGS AND PARTITIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Paul Crouch

REGISTERED OFFICE:

9 Tiger Court

Kings Business Park

Prescot

Knowsley

Merseyside

L34 1PJ

REGISTERED NUMBER:

11332186 (England and Wales)

ACCOUNTANTS:

DBS Corporate Accountants

Suite 4102, Charlotte House

Queens Dock Business Centre

67-83 Norfolk Street

Liverpool

Merseyside

L1 0BG

FIXED ASSETS

Intangible assets

4

1,800

4,850

Tangible assets

5

196,180

195,329

197,980

200,179

CURRENT ASSETS

Debtors

6

4,166,972

4,227,324

Cash at bank

3,035,203

3,529,156

7,202,175

7,756,480

CREDITORS

Amounts falling due within one year

7

6,304,018

6,834,264

NET CURRENT ASSETS

898,157

922,216

TOTAL ASSETS LESS CURRENT LIABILITIES

1,096,137

1,122,395

CREDITORS

Amounts falling due after more than one year

8

(63,862

)

(94,306

)

PROVISIONS FOR LIABILITIES

(37,618

)

(38,034

)

NET ASSETS

994,657

990,055

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

994,557

989,955

994,657

990,055

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 8 January 2026 and were signed by:

Mr Paul Crouch - Director

1.	STATUTORY INFORMATION

SAL CEILINGS AND PARTITIONS 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 amounts derived from the services provided by the company falling within its ordinary activities, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of five years.

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

-

20% on cost

Motor vehicles

-

20% on cost

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 15 (2024 - 17 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 June 2024

and 31 May 2025

15,250

AMORTISATION

At 1 June 2024

10,400

Charge for year

3,050

At 31 May 2025

13,450

NET BOOK VALUE

At 31 May 2025

1,800

At 31 May 2024

4,850

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2024

263,302

Additions

65,361

At 31 May 2025

328,663

DEPRECIATION

At 1 June 2024

67,973

Charge for year

64,510

At 31 May 2025

132,483

NET BOOK VALUE

At 31 May 2025

196,180

At 31 May 2024

195,329

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade debtors

3,391,347

3,686,106

Other debtors

775,625

541,218

4,166,972

4,227,324

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans and overdrafts

10,126

10,126

Hire purchase contracts

20,318

26,432

Trade creditors

807,693

1,810,743

Taxation and social security

468,100

471,379

Other creditors

4,997,781

4,515,584

6,304,018

6,834,264

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans

5,173

15,299

Hire purchase contracts

58,689

79,007

63,862

94,306

9.	RELATED PARTY DISCLOSURES

The company has had transactions between Sal Construction Ltd and SAL Construction Group for services rendered during the period. Sal Construction Ltd and Sal Ceiling and Partitions Ltd are owned by the same parent company.

The company are due £643,572 from Sal Construction Ltd as at 31st May 2025.(Owed £129,890 at 2024)

The company owe £1,035,459 to SAL Construction Group Ltd as at 31st May 2025. (Owed £617,253 at 2024)