REGISTERED NUMBER: 15120927 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

SALTLAKE PROPERTY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

T R Tasker

H D Tasker

REGISTERED OFFICE:

36-40 Doncaster Road

Barnsley

South Yorkshire

S70 1TL

REGISTERED NUMBER:

15120927 (England and Wales)

ACCOUNTANTS:

Seaman Herbert & Co

36 - 40 Doncaster Road

Barnsley

South Yorkshire

S70 1TL

FIXED ASSETS

Tangible assets

4

187

-

Investment property

5

200,000

95,000

200,187

95,000

CURRENT ASSETS

Debtors

6

340

329

Cash at bank

2,714

1,340

3,054

1,669

CREDITORS

Amounts falling due within one year

7

60,446

32,198

NET CURRENT LIABILITIES

(57,392

)

(30,529

)

TOTAL ASSETS LESS CURRENT LIABILITIES

142,795

64,471

CREDITORS

Amounts falling due after more than one year

8

(122,867

)

(61,738

)

PROVISIONS FOR LIABILITIES

11

(3,763

)

(1,490

)

NET ASSETS

16,165

1,243

CAPITAL AND RESERVES

Called up share capital

12

100

100

Fair value reserve

13

19,168

6,352

Retained earnings

(3,103

)

(5,209

)

SHAREHOLDERS' FUNDS

16,165

1,243

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 June 2026 and were signed on its behalf by:

T R Tasker - Director

H D Tasker - Director

1.	STATUTORY INFORMATION

Saltlake Property 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 as modified by the revaluation of certain assets.

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.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

Additions

249

At 30 September 2025

249

DEPRECIATION

Charge for year

62

At 30 September 2025

62

NET BOOK VALUE

At 30 September 2025

187

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2024

95,000

Additions

89,911

Revaluations

15,089

At 30 September 2025

200,000

NET BOOK VALUE

At 30 September 2025

200,000

At 30 September 2024

95,000

Fair value at 30 September 2025 is represented by:

£

Valuation in 2024

7,842

Valuation in 2025

15,089

Cost

177,069

200,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

-

200

Prepayments

340

129

340

329

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 9)

1,074

533

Trade creditors

717

35

Other creditors

145

145

Directors' current accounts

57,070

30,570

Accrued expenses

1,440

915

60,446

32,198

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 9)

122,867

61,738

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

117,814

59,257

9.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank loans

1,074

533

Amounts falling due between one and two years:

Bank loans - 1-2 years

1,145

563

Amounts falling due between two and five years:

Bank loans - 2-5 years

3,908

1,918

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

117,814

59,257

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

123,941

62,271

11.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

3,763

1,490

Deferred

tax

£

Balance at 1 October 2024

1,490

Provided during year

2,273

Balance at 30 September 2025

3,763

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

13.

RESERVES

Fair

value

reserve

£

At 1 October 2024

6,352

Transfer between reserves

15,089

Deferred tax tfr in reserves

(2,273

)

At 30 September 2025

19,168

14.	ULTIMATE CONTROLLING PARTY

The company was under the control of the directors.