Salbro Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 15275523

Salbro Ltd

Unaudited financial statements

31 December 2025

Salbro Ltd

Statement of financial position

31 December 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Investments	5		50		50

Current assets

Debtors	6	2,022,429	2,328,150
Cash at bank and in hand		–	78,917
		-----------	-----------
		2,022,429	2,407,067

Creditors: Amounts falling due within one year	7	( 184,915)		( 194,818)
		-----------		-----------
Net current assets			1,837,514		2,212,249
			-----------		-----------
Total assets less current liabilities			1,837,564		2,212,299

Creditors: Amounts falling due after more than one year	8	( 1,841,161)	( 2,213,976)
		-----------	-----------
Net liabilities		( 3,597)	( 1,677)
		-----------	-----------

Capital and reserves

Called up share capital	1	1
Profit and loss account	( 3,598)	( 1,678)
	------	------
Shareholders deficit	( 3,597)	( 1,677)
	------	------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 29 July 2026 , and are signed on behalf of the board by:

W Salkinder
Director

Company registration number: 15275523

Salbro Ltd

Notes to the financial statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Flat 4, 29 Ravenscroft Avenue, London, NW11 8BH.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity and is rounded to the nearest £.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a financing transaction it is measured at transaction price where the arrangement has no stated interest rate or repayment terms, otherwise it is measured at amortised cost. Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

4. Employee numbers

The average number of employees during the year was 1 (2024: 1 ).

5. Investments

	Shares in group undertakings
	£
Cost
At 1 January 2025 and 31 December 2025	50
	----
Impairment
At 1 January 2025 and 31 December 2025	–
	----

Carrying amount
At 31 December 2025	50
	----
At 31 December 2024	50
	----

6. Debtors

	2025	2024
	£	£
Other debtors	2,022,429	2,328,150
	-----------	-----------

7. Creditors: Amounts falling due within one year

	2025	2024
	£	£
Trade creditors	–	136
Other creditors	184,915	194,682
	---------	---------
	184,915	194,818
	---------	---------

8. Creditors: Amounts falling due after more than one year

	2025	2024
	£	£
Amounts owed to group undertakings	247,391	162,500
Other creditors	1,593,770	2,051,476
	-----------	-----------
	1,841,161	2,213,976
	-----------	-----------

9. Related party transactions

At the reporting date, the Company had outstanding loan balances of £247,391 and £1,593,770 due to WSP Holdco Limited and Salberg Limited respectively, the former being the ultimate controlling party and the latter being a related party by virtue of common control. The Company also had an outstanding loan balance of £2,022,429 due from Salbar Ltd, a subsidiary of the Company. All of the loans are interest free, unsecured, and repayable on demand.