SSL Co 1 Ltd - Accounts to registrar (filleted) - small 18.2
SSL Co 1 Ltd - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 20 MAY 2019 TO 31 MAY 2020 |
FOR |
SSL CO 1 LTD |
SSL CO 1 LTD (REGISTERED NUMBER: 12003666) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the period 20 May 2019 to 31 May 2020 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
SSL CO 1 LTD |
COMPANY INFORMATION |
for the period 20 May 2019 to 31 May 2020 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
SSL CO 1 LTD (REGISTERED NUMBER: 12003666) |
ABRIDGED BALANCE SHEET |
31 May 2020 |
£ |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps 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 Sections 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 were approved by the Board of Directors and authorised for issue on |
SSL CO 1 LTD (REGISTERED NUMBER: 12003666) |
NOTES TO THE FINANCIAL STATEMENTS |
for the period 20 May 2019 to 31 May 2020 |
1. | STATUTORY INFORMATION |
SSL Co 1 Ltd is a |
The company's place of business is Units 10/11 Mere Farm Business Complex, Red House Lane, Hannington, Northamptonshire, NN6 9FP. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The principal accounting policies adopted in the preparation of the financial statements are set out below. |
Going concern |
The Directors are satisfied that the company has sufficient resources to continue in operation and to meet its foreseeable needs. The Directors have considered financial forecasts and are carefully monitoring the ongoing situation regarding the Coronavirus pandemic. |
The company is following issued guidance and has implemented changes to its risk assessment and health and safety procedures to ensure that its employees and contractors can continue to work COVID-secure. |
The Directors have therefore concluded that there are no material uncertainties for the company, and so it is appropriate to prepare the accounts on a going concern basis. |
Turnover |
Turnover comprises the value of sales (net of value added tax) of goods and services provided in the normal course of business. Revenue is recognised in respect of service contracts when the company obtains the right to consideration. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 period 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. |
SSL CO 1 LTD (REGISTERED NUMBER: 12003666) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the period 20 May 2019 to 31 May 2020 |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL. |