2020-01-01
01415498
2020-12-31
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2020-01-01
2020-12-31
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2019-12-31
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2019-01-01
2019-12-31
01415498
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uk-bus:PrivateLimitedCompanyLtd
2020-01-01
2020-12-31
| Registered Number:01415498 |
For the year ended 31 December 2020
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2020
Slackdean Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Slackdean Limited
Statement of Financial Position
2019
2020
2
775,000
775,000
775,000
775,000
| Trade and other receivables |
194,420
194,420
3
29,719
| Cash and cash equivalents |
82,409
276,829
224,139
| Trade and other payables: amounts falling due within one |
| year |
(248,250)
(285,197)
4
(24,111)
(8,368)
Net current liabilities
| Total assets less current liabilities |
766,632
750,889
766,632
Net assets
750,889
102
102
473,534
473,534
5
292,996
277,253
766,632
750,889
Shareholders' funds
| For the year ended 31 December 2020 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 of its financial statements for the year ended 31 December 2020 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of |
| each financial year and of its profit or loss for each financial year in accordance with the requirements of Section |
| 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial |
| statements, so far as applicable to the company. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| Mr Michael Cotter Director |
| These financial statements were approved and authorised for issue by the Board on 16 March 2021 and were signed by: |
| The notes form part of these financial statements |
1 of 3
4
For the year ended 31 December 2020
Slackdean Limited
Notes to the Financial Statements
Statutory Information
| Slackdean Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
| number 01415498. |
82 Blackdyke Road
Kingstown Industrial Estate
Carlisle
United Kingdom
CA3 0PJ
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover is measured at the fair value of rental income received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Investment property
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
Pension costs and other post-retirement benefits
| The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable. |
775,000
775,000
775,000
775,000
| 3. Trade and other receivables |
2019
2020
| Amounts owed by group undertakings and participating interests |
194,420
194,420
2 of 3
5
For the year ended 31 December 2020
Slackdean Limited
Notes to the Financial Statements Continued
| 4. Trade and other payables: amounts falling due within one year |
2019
2020
172
-
| Amounts owed to group undertaking and undertaking in which the |
| company has a participating interest |
263,877
218,877
| Taxation and social security |
14,614
8,895
6,534
20,478
285,197
248,250
| Revaluation reserve at 01 January 2020 |
473,534
473,534
| Revaluation reserve at 31 December 2020 |
| 6. Related party transactions |
| Glendales Limited paid market value rent of £43,000 (2019 - £43,000). The Directors control Glendales Limited. At |
| 31st December 2020 Glendales Llimited was owed £93,877 (2019 - £48,877). This loan is interest free and |
| repayable upon demand. |
| Woodglen Direct Limited paid market value rent of £13,000 (2019 - £13,000). The Directors control Woodglen Direct |
| Limited. At 31st December 2020 Woodglen Direct Limited was owed £170,000 (2019 - £170,000). This loan is |
| interest free and repayable upon demand. |
| Woodglen Developments Limited owed £194,420 (2019 - £194,420) to the company. This loan is interest free and |
| repayable upon demand. |
| 7. Average number of persons employed |
During the year the average number of employees was 2 (2019 : 2)
| 8. Parent-subsidary relationship |
| The Directors are the ultimate controlling parties of Slackdean Limited by virtue of their 100% interest in the ultimate parent company, Woodglen Developments Limited. |
3 of 3
