Company Registration No. 16172832 (England and Wales)
Saltkae Limited
Unaudited accounts
for the period from 9 January 2025 to 30 June 2026
Saltkae Limited
Unaudited accounts
Contents
Saltkae Limited
Company Information
for the period from 9 January 2025 to 30 June 2026
Directors
Hollie Rowe
Benjamin Salt
Company Number
16172832 (England and Wales)
Registered Office
258 Scalby Road
Scarborough
North Yorkshire
YO12 6EA
England
Accountants
Wright Pottage Limited
Europa House
20 Esplanade
Scarborough
North Yorkshire
YO11 2AQ
Saltkae Limited
Statement of financial position
as at 30 June 2026
Investment property
1,052,197
Cash at bank and in hand
4,977
Creditors: amounts falling due within one year
(448,755)
Net current liabilities
(440,510)
Total assets less current liabilities
611,687
Creditors: amounts falling due after more than one year
(418,894)
Provisions for liabilities
Called up share capital
20
Fair value reserve
142,989
Profit and loss account
2,121
Shareholders' funds
145,130
For the period ending 30 June 2026 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 8 October 2026 and were signed on its behalf by
Hollie Rowe
Director
Company Registration No. 16172832
Saltkae Limited
Notes to the Accounts
for the period from 9 January 2025 to 30 June 2026
Saltkae Limited is a private company, limited by shares, registered in England and Wales, registration number 16172832. The registered office is 258 Scalby Road, Scarborough, North Yorkshire, YO12 6EA, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover represents amounts receivable for rental income from operating leases and ordinary property activities, excluding VAT and trade discounts. Rental income is recognized on a straight-line basis over the term of the respective lease.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
The accounts are presented in £ sterling.
Net gain from fair value adjustments
190,652
Saltkae Limited
Notes to the Accounts
for the period from 9 January 2025 to 30 June 2026
Amounts falling due within one year
Accrued income and prepayments
3,268
6
Creditors: amounts falling due within one year
2026
Taxes and social security
497
Loans from directors
446,448
7
Creditors: amounts falling due after more than one year
2026
The Company's borrowings comprise secured loans of £418,894.
The loans are secured by fixed charges over four properties owned by the company.
The loans are secured by legal charges over the following properties:
9 Cambridge Street
29 Nelson Street
12 Barwick Street
25 High Street
Revaluation of investment property
47,663
Charged to the profit and loss account
47,663
Provision at end of period
47,663
The provision for deferred tax relates to the revaluation of investment property and has been calculated at 25%, the rate expected to apply when the property is sold.
9
Average number of employees
During the period the average number of employees was 2.