Company Registration No. 05357348 (England and Wales)
Slk CC Limited
Unaudited accounts
for the year ended 28 February 2022
Slk CC Limited
Unaudited accounts
Contents
Slk CC Limited
Company Information
for the year ended 28 February 2022
Director
Samantha Williams
Company Number
05357348 (England and Wales)
Registered Office
The Willows
Cary Fitzpaine
YEOVIL
Somerset
BA22 8JB
England
Accountants
Wessex Commercial Solutions
Yeovil Innovation Centre
Barracks Close
Yeovil
BA22 8RN
Slk CC Limited
Statement of financial position
as at
28 February 2022
Intangible assets
4,293
-
Tangible assets
26,772
31,503
Cash at bank and in hand
77,429
95,268
Creditors: amounts falling due within one year
(60,014)
(49,948)
Net current assets
23,873
49,392
Total assets less current liabilities
54,938
80,895
Creditors: amounts falling due after more than one year
(29,161)
(50,114)
Called up share capital
2
2
Profit and loss account
25,775
30,779
Shareholders' funds
25,777
30,781
For the year ending 28 February 2022 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 director acknowledges her 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 and authorised for issue on 25 November 2022 and were signed on its behalf by
Samantha Williams
Director
Company Registration No. 05357348
Slk CC Limited
Notes to the Accounts
for the year ended 28 February 2022
Slk CC Limited is a private company, limited by shares, registered in England and Wales, registration number 05357348. The registered office is The Willows, Cary Fitzpaine , YEOVIL, Somerset, BA22 8JB, 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 remained unchanged from the previous year, and also 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.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Fixtures & fittings
15% reducing balance - 33% straight line
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Slk CC Limited
Notes to the Accounts
for the year ended 28 February 2022
4
Intangible fixed assets
Other
At 28 February 2022
6,194
At 28 February 2022
1,901
At 28 February 2022
4,293
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 March 2021
71,108
28,843
99,951
At 28 February 2022
71,108
30,743
101,851
At 1 March 2021
47,523
20,925
68,448
Charge for the year
4,717
1,914
6,631
At 28 February 2022
52,240
22,839
75,079
At 28 February 2022
18,868
7,904
26,772
At 28 February 2021
23,585
7,918
31,503
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
14,074
5,332
Trade creditors
5,274
2,144
Taxes and social security
909
11,244
Other creditors
39,757
28,370
Slk CC Limited
Notes to the Accounts
for the year ended 28 February 2022
8
Creditors: amounts falling due after more than one year
2022
2021
9
Average number of employees
During the year the average number of employees was 1 (2021: 1).