SLS Advisory Ltd - Accounts to registrar (filleted) - small 18.2
SLS Advisory Ltd - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Financial Statements |
| for the Year Ended 31 March 2022 |
| for |
| SLS Advisory Ltd |
| SLS Advisory Ltd (Registered number: 11655091) |
| Contents of the Financial Statements |
| for the Year Ended 31 March 2022 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 4 |
| SLS Advisory Ltd |
| Company Information |
| for the Year Ended 31 March 2022 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Chancery House |
| 30 St Johns Road |
| Woking |
| Surrey |
| GU21 7SA |
| SLS Advisory Ltd (Registered number: 11655091) |
| Statement of Financial Position |
| 31 March 2022 |
| 31/3/22 | 31/3/21 |
| Notes | £ | £ |
| FIXED ASSETS |
| Property, plant and equipment | 5 |
| Investments | 6 |
| CURRENT ASSETS |
| Debtors | 7 |
| Investments | 8 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 9 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Fair value reserve |
| 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. |
| SLS Advisory Ltd (Registered number: 11655091) |
| Statement of Financial Position - continued |
| 31 March 2022 |
| 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 |
| SLS Advisory Ltd (Registered number: 11655091) |
| Notes to the Financial Statements |
| for the Year Ended 31 March 2022 |
| 1. | STATUTORY INFORMATION |
| SLS Advisory Ltd is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | STATEMENT OF COMPLIANCE |
| 3. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Tangible fixed assets |
| Computer equipment | - |
| Taxation |
| Taxation for the year 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 statement of financial position date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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. |
| Investments |
| Listed investments are initially measure at cost and subsequently measured at fair value based on the mid-market price quoted on the relevant stock exchange. Changes in fair value are recognised in profit or loss. |
| Investments (neither listed nor unlisted) are initially measured at cost and subsequently measured at fair value. Impairment losses are recognised in profit or loss for the excess of the carrying value of the asset over the present value of the future cash flows discounted using the original effective interest rate. |
| SLS Advisory Ltd (Registered number: 11655091) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2022 |
| 4. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2021 - NIL). |
| 5. | PROPERTY, PLANT AND EQUIPMENT |
| Computer |
| equipment |
| £ |
| Cost |
| At 1 April 2021 |
| Additions |
| At 31 March 2022 |
| Depreciation |
| At 1 April 2021 |
| Charge for year |
| At 31 March 2022 |
| Net book value |
| At 31 March 2022 |
| At 31 March 2021 |
| 6. | FIXED ASSET INVESTMENTS |
| Listed | Unlisted |
| investments | investments | Totals |
| £ | £ | £ |
| Cost or valuation |
| At 1 April 2021 | 254,162 |
| Additions | 386,127 |
| Disposals | ( |
) | (105,663 | ) |
| Revaluations | 7,551 |
| At 31 March 2022 | 542,177 |
| Net book value |
| At 31 March 2022 | 542,177 |
| At 31 March 2021 | 254,162 |
| Cost or valuation at 31 March 2022 is represented by: |
| Listed | Unlisted |
| investments | investments | Totals |
| £ | £ | £ |
| Valuation in 2021 | 4,844 | - | 4,844 |
| Valuation in 2022 | 7,551 | - | 7,551 |
| Cost | 407,171 | 122,611 | 529,782 |
| 419,566 | 122,611 | 542,177 |
| SLS Advisory Ltd (Registered number: 11655091) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2022 |
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31/3/22 | 31/3/21 |
| £ | £ |
| Other debtors |
| 8. | CURRENT ASSET INVESTMENTS |
| 31/3/22 | 31/3/21 |
| £ | £ |
| Other |
| 9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31/3/22 | 31/3/21 |
| £ | £ |
| Taxation and social security |
| Other creditors |
| 10. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 31 March 2022 and 31 March 2021: |
| 31/3/22 | 31/3/21 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts repaid | ( |
) | ( |
) |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of year |