SLS Group Limited - Accounts to registrar (filleted) - small 18.2
SLS Group Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Financial Statements |
| for the Year Ended 31st December 2020 |
| for |
| SLS Group Limited |
| SLS Group Limited (Registered number: 03743859) |
| Contents of the Financial Statements |
| for the year ended 31st December 2020 |
| Page |
| Company Information | 1 |
| Abridged Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| SLS Group Limited |
| Company Information |
| for the year ended 31st December 2020 |
| 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 Limited (Registered number: 03743859) |
| Abridged Balance Sheet |
| 31st December 2020 |
| 2020 | 2019 |
| 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 |
| CREDITORS |
| Amounts falling due after more than one year |
| NET ASSETS |
| 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 |
| SLS Group Limited (Registered number: 03743859) |
| Notes to the Financial Statements |
| for the year ended 31st December 2020 |
| 1. | STATUTORY INFORMATION |
| SLS Group Limited is a |
| 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 Limited 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. |
| SLS Group Limited (Registered number: 03743859) |
| Notes to the Financial Statements - continued |
| for the year ended 31st December 2020 |
| 2. | ACCOUNTING POLICIES - continued |
| Dividends |
| Dividends received from subsidiary undertakings are accounted for when received. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2019 - NIL). |
| 4. | INTANGIBLE FIXED ASSETS |
| Totals |
| £ |
| COST |
| At 1st January 2020 |
| Additions |
| At 31st December 2020 |
| AMORTISATION |
| Impairments |
| At 31st December 2020 |
| NET BOOK VALUE |
| At 31st December 2020 |
| At 31st December 2019 |
| 5. | FIXED ASSET INVESTMENTS |
| Information on investments other than loans is as follows: |
| Totals |
| £ |
| COST |
| At 1st January 2020 | 7,447,018 |
| Additions | 2,263,075 |
| At 31st December 2020 | 9,710,093 |
| NET BOOK VALUE |
| At 31st December 2020 | 9,710,093 |
| At 31st December 2019 | 7,447,018 |
| SLS Group Limited (Registered number: 03743859) |
| Notes to the Financial Statements - continued |
| for the year ended 31st December 2020 |
| 5. | FIXED ASSET INVESTMENTS - continued |
| 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 |
| 2020 | 2019 |
| £ | £ |
| 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 |
| 2020 | 2019 |
| £ | £ |
| 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 |
| 2020 | 2019 |
| £ | £ |
| Aggregate capital and reserves |
| (Loss)/profit for the year | ( |
) |
| Registered office: Orchard House, The Square, Hessle, East Yorkshire, HU13 0AE |
| Nature of business: |
| % |
| Class of shares: | holding |
| 2020 | 2019 |
| £ | £ |
| Aggregate capital and reserves | ( |
) |
| Profit for the year |
| SLS Group Limited (Registered number: 03743859) |
| Notes to the Financial Statements - continued |
| for the year ended 31st December 2020 |
| 5. | FIXED ASSET INVESTMENTS - continued |
| Registered office: Orchard House, The Square, Hessle, East Yorkshire, HU13 0AE |
| Nature of business: |
| % |
| Class of shares: | holding |
| 2020 | 2019 |
| £ | £ |
| Aggregate capital and reserves |
| Loss for the year | ( |
) |
| Registered office: Black Church, St. Mary's Place, Dublin 7. |
| Nature of business: |
| % |
| Class of shares: | holding |
| 2020 | 2019 |
| £ | £ |
| Aggregate capital and reserves | ( |
) |
| Loss for the year | ( |
) |
| Registered office: Unit 2, 7 Rathdown Close, Lissue Industrial Estate West, Lisburn, County Antrim, BT28 2RB |
| Nature of business: |
| % |
| Class of shares: | holding |
| 2020 | 2019 |
| £ | £ |
| Aggregate capital and reserves |
| (Loss)/profit for the year | ( |
) |
| Registered office: Orchard House, The Square, Hessle, East Yorkshire, HU13 0AE |
| Nature of business: |
| % |
| Class of shares: | holding |
| 2020 | 2019 |
| £ | £ |
| Aggregate capital and reserves |
| Loss for the year | ( |
) | ( |
) |
| SLS Group Limited (Registered number: 03743859) |
| Notes to the Financial Statements - continued |
| for the year ended 31st December 2020 |
| 5. | FIXED ASSET INVESTMENTS - continued |
| Registered office: P.O. Box 40111, Nairobi, Kenya |
| Nature of business: |
| % |
| Class of shares: | holding |
| 2020 | 2019 |
| £ | £ |
| Aggregate capital and reserves | ( |
) | ( |
) |
| Loss for the year | ( |
) | ( |
) |
| Registered office: Orchard House, The Square, Hessle, East Yorkshire, HU13 0AE |
| Nature of business: |
| % |
| Class of shares: | holding |
| 2020 | 2019 |
| £ | £ |
| Aggregate capital and reserves |
| Profit for the year |
| 6. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2020 | 2019 |
| 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 ultimate controlling party is Scientific Laboratory Supplies Group Limited, a company registered in England and Wales (Reg. No. 10209555). The immediate parent company is SLS Group Limited, a company registered in England and Wales (Reg. No. 03743859). |
| 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. |
| Dutscher Holding SAS (incorporated in France) is regarded by the directors as being the company's ultimate parent company (RCS Strasbourg Reg. No. 882634660). |