SLS Group Ltd - Accounts to registrar (filleted) - small 18.2
SLS Group Ltd - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
Financial Statements |
for the Year Ended 31st December 2019 |
for |
SLS Group Ltd |
SLS Group Ltd (Registered number: 03743859) |
Contents of the Financial Statements |
for the year ended 31st December 2019 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
SLS Group Ltd |
Company Information |
for the year ended 31st December 2019 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
AUDITORS: |
Statutory Auditors |
Princes House |
Wright Street |
Hull |
East Yorkshire |
HU2 8HX |
BANKERS: |
Humber & Lincolnshire Team |
4th Floor |
2 Humber Quays |
Hull |
HU1 2BN |
SLS Group Ltd (Registered number: 03743859) |
Abridged Balance Sheet |
31st December 2019 |
2019 | 2018 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Investments | 5 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 6 |
Share premium |
Retained earnings |
SHAREHOLDERS' FUNDS |
In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on its behalf by: |
SLS Group Ltd (Registered number: 03743859) |
Notes to the Financial Statements |
for the year ended 31st December 2019 |
1. | STATUTORY INFORMATION |
SLS Group Ltd is a |
number and registered office address can be found on the Company Information page. |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Preparation of consolidated financial statements |
The financial statements contain information about SLS Group Ltd as an individual company and do not contain |
consolidated financial information as the parent of a group. The company is exempt under Section 400 of the Companies |
Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertakings are |
included by full consolidation in the consolidated financial statements of its parent, Scientific Laboratory Supplies Group |
Ltd, Orchard House, The Square, Hessle, East Yorkshire, HU13 0AE. |
Related party exemption |
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial |
Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly |
owned subsidiaries within the group. |
Intangible assets |
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any |
accumulated amortisation and any accumulated impairment losses. |
The directors are of the opinion that the trade marks have a value at least that of the cost in the financial statements and that |
depreciation is therefore not required. |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained |
Earnings, 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. |
Dividends |
Dividends received from subsidiary undertakings are accounted for when received. |
SLS Group Ltd (Registered number: 03743859) |
Notes to the Financial Statements - continued |
for the year ended 31st December 2019 |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2018 - NIL). |
4. | INTANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1st January 2019 |
and 31st December 2019 |
NET BOOK VALUE |
At 31st December 2019 |
At 31st December 2018 |
5. | FIXED ASSET INVESTMENTS |
Information on investments other than loans is as follows: |
Totals |
£ |
COST |
At 1st January 2019 | 4,768,625 |
Additions | 2,678,393 |
At 31st December 2019 | 7,447,018 |
NET BOOK VALUE |
At 31st December 2019 | 7,447,018 |
At 31st December 2018 | 4,768,625 |
The company's investments at the Balance Sheet date in the share capital of companies include the following: |
Registered office: Orchard House, The Square, Hessle, East Yorkshire, HU13 0AE |
Nature of business: |
% |
Class of shares: | holding |
2019 | 2018 |
£ | £ |
Aggregate capital and reserves |
Profit for the year |
SLS Group Ltd (Registered number: 03743859) |
Notes to the Financial Statements - continued |
for the year ended 31st December 2019 |
5. | FIXED ASSET INVESTMENTS - continued |
Registered office: Orchard House, The Square, Hessle, East Yorkshire, HU13 0AE |
Nature of business: |
% |
Class of shares: | holding |
2019 | 2018 |
£ | £ |
Aggregate capital and reserves | ( |
) | ( |
) |
Registered office: Orchard House, The Square, Hessle, East Yorkshire, HU13 0AE |
Nature of business: |
% |
Class of shares: | holding |
2019 | 2018 |
£ | £ |
Aggregate capital and reserves |
Profit for the year |
Registered office: Orchard House, The Square, Hessle, East Yorkshire, HU13 0AE |
Nature of business: |
% |
Class of shares: | holding |
2019 | 2018 |
£ | £ |
Aggregate capital and reserves | ( |
) | ( |
) |
Registered office: Orchard House, The Square, Hessle, East Yorkshire, HU13 0AE |
Nature of business: |
% |
Class of shares: | holding |
2019 | 2018 |
£ | £ |
Aggregate capital and reserves |
SLS Group Ltd (Registered number: 03743859) |
Notes to the Financial Statements - continued |
for the year ended 31st December 2019 |
5. | FIXED ASSET INVESTMENTS - continued |
Registered office: Black Church, St. Mary's Place, Dublin 7. |
Nature of business: |
% |
Class of shares: | holding |
2019 | 2018 |
£ | £ |
Aggregate capital and reserves | ( |
) |
Registered office: Unit 2, 7 Rathdown Close, Lissue Industrial Estate West, Lisburn, County Antrim, BT28 2RB |
Nature of business: |
% |
Class of shares: | holding |
2019 | 2018 |
£ | £ |
Aggregate capital and reserves |
Profit for the year |
Registered office: Orchard House, The Square, Hessle, East Yorkshire, HU13 0AE |
Nature of business: |
% |
Class of shares: | holding |
2019 | 2018 |
£ | £ |
Aggregate capital and reserves |
(Loss)/profit for the year | ( |
) |
Registered office: P.O. Box 40111, Nairobi, Kenya |
Nature of business: |
% |
Class of shares: | holding |
2019 |
£ |
Aggregate capital and reserves | ( |
) |
Loss for the year | ( |
) |
SLS Group Ltd (Registered number: 03743859) |
Notes to the Financial Statements - continued |
for the year ended 31st December 2019 |
5. | FIXED ASSET INVESTMENTS - continued |
Registered office: Orchard House, The Square, Hessle, East Yorkshire, HU13 0AE |
Nature of business: |
% |
Class of shares: | holding |
2019 |
£ |
Aggregate capital and reserves |
Profit for the year |
6. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2019 | 2018 |
value: | £ | £ |
Ordinary | £1 | 100,000 | 100,000 |
7. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
The Report of the Auditors was unqualified. |
for and on behalf of |
8. | ULTIMATE PARENT AND CONTROLLING PARTY |
The controlling party is Scientific Laboratory Supplies Group Limited. |
The ultimate controlling party is Scientific Laboratory Supplies Group Limited, a company registered in England and |
Wales.SLS Group Limited acts as the immediate parent company for the groups investments. |
Scientific Laboratory Supplies Group Limited prepares group accounts incorporating the results of the company and fellow |
subsidiary undertakings. Copies of the consolidated accounts can be obtained from Orchard House, The Square, Hessle, |
East Yorkshire, HU13 0AE. |
Cartoon Participations SAS (incorporated in France) is regarded by the directors as being the company's ultimate parent company. |