Salt Trading Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 05011083

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		242,716		279,268

			242,716		279,268
CURRENT ASSETS
Stocks		3,544		5,535
Debtors	6	21,446		36,832
Cash at bank and in hand		66,219		92,449

		91,209		134,816
Creditors: Amounts Falling Due Within One Year	7	(124,438 )		(156,743 )

NET CURRENT ASSETS (LIABILITIES)			(33,229 )		(21,927 )

TOTAL ASSETS LESS CURRENT LIABILITIES			209,487		257,341

PROVISIONS FOR LIABILITIES
Deferred Taxation	8		(19,473 )		(27,588 )

NET ASSETS			190,014		229,753

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			189,914		229,653

SHAREHOLDERS' FUNDS			190,014		229,753

Page 1

Page 2

Salt Trading Limited

Balance Sheet (continued)

As At 31 December 2025

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.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr James Salt

Director

22/09/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Salt Trading Limited Registered number 05011083 is a limited by shares company incorporated in England & Wales. The Registered Office is 362 Pontefract Road, Lundwood, Barnsley, South Yorkshire, S71 5JY.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of ten years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Storage Facility	S/L over 50 years
Motor Vehicles	25% reducing balance
Equipment Fixtures and Fittings	25% reducing balance

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 47 (2024: 45)

Page 3

Page 4

Salt Trading Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 January 2025	161,105

As at 31 December 2025	161,105

Amortisation
As at 1 January 2025	161,105

As at 31 December 2025	161,105

Net Book Value
As at 31 December 2025	-

As at 1 January 2025	-

5. Tangible Assets

	Storage Facility	Motor Vehicles	Equipment Fixtures and Fittings	Total
	£	£	£	£
Cost
As at 1 January 2025	136,156	192,502	277,167	605,825
Additions	9,167	-	-	9,167
Disposals	-	(29,319 )	-	(29,319 )

As at 31 December 2025	145,323	163,183	277,167	585,673

Depreciation
As at 1 January 2025	3,783	117,813	204,961	326,557
Provided during the period	2,906	16,642	18,051	37,599
Disposals	-	(21,199 )	-	(21,199 )

As at 31 December 2025	6,689	113,256	223,012	342,957

Net Book Value
As at 31 December 2025	138,634	49,927	54,155	242,716

As at 1 January 2025	132,373	74,689	72,206	279,268

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	16,646	15,292
Prepayments and accrued income	4,800	4,283
S455 tax debtor	-	17,257

	21,446	36,832

Page 4

Page 5

Salt Trading Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	41,032	17,297
PAYE creditor	9,630	8,744
VAT creditor	56,024	56,201
Wages creditor	16,818	15,501
Directors' loan accounts	934	59,000

	124,438	156,743

8. Deferred Taxation

The provision for deferred tax is made up as follows:

	2025	2024
	£	£
Other timing differences	19,473	27,588

9. Provisions for Liabilities


	Deferred Tax	Total
	£	£
As at 1 January 2025	27,588	27,588
Reversals	(8,115 )	(8,115)

Balance at 31 December 2025	19,473	19,473

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

11. Other Commitments

At the end of the period the company had annual commitments under non-cancellable leases as follows:

	2025	2024
	£	£
Later than five years	158,400	62,688

	158,400	62,688

12. Related Party Transactions

The company is controlled by Mr J Salt & Mr H S Salt, directors and shareholders of the company.

The balance on the director's loan account Mr. J Salt at 31st December 2025 was £934 (2024 - £59,001 due from the company).

The company has given a cross-guarantee in respect of borrowings of Jennah Limited and Cmere Pulluck Limited, companies controlled by the directors. No liability has been recognised in respect of the guarantee at the reporting date.

Page 5