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REGISTERED NUMBER: 07856228 (England and Wales)










Financial Statements

for the Year Ended 31 October 2021

for

Siltrad Limited

Siltrad Limited (Registered number: 07856228)






Contents of the Financial Statements
for the Year Ended 31 October 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Siltrad Limited

Company Information
for the Year Ended 31 October 2021







DIRECTORS: I Lawrence
Mrs S J Lawrence





SECRETARY:





REGISTERED OFFICE: 20 Crewe Road
Sandbach
Cheshire
CW11 4NE





REGISTERED NUMBER: 07856228 (England and Wales)





ACCOUNTANTS: John Greenall & Co Limited
20 Crewe Road
Sandbach
Cheshire
CW11 4NE

Siltrad Limited (Registered number: 07856228)

Balance Sheet
31 October 2021

31.10.21 31.10.20
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,365 3,727
Investments 5 252,063 258,179
255,428 261,906

CURRENT ASSETS
Debtors 6 73 431
Cash at bank 626 1,423
699 1,854
CREDITORS
Amounts falling due within one year 7 4,221 6,651
NET CURRENT LIABILITIES (3,522 ) (4,797 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

251,906

257,109

PROVISIONS FOR LIABILITIES 639 708
NET ASSETS 251,267 256,401

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 251,265 256,399
SHAREHOLDERS' FUNDS 251,267 256,401

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2021 in accordance with Section 476 of the Companies Act 2006.

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.

Siltrad Limited (Registered number: 07856228)

Balance Sheet - continued
31 October 2021


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 14 September 2022 and were signed on its behalf by:





I Lawrence - Director


Siltrad Limited (Registered number: 07856228)

Notes to the Financial Statements
for the Year Ended 31 October 2021

1. STATUTORY INFORMATION

Siltrad Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on reducing balance
Computer equipment - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - 2 ) .

Siltrad Limited (Registered number: 07856228)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2021

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 November 2020 7,785 11,269 19,054
Additions - 790 790
At 31 October 2021 7,785 12,059 19,844
DEPRECIATION
At 1 November 2020 7,518 7,809 15,327
Charge for year 89 1,063 1,152
At 31 October 2021 7,607 8,872 16,479
NET BOOK VALUE
At 31 October 2021 178 3,187 3,365
At 31 October 2020 267 3,460 3,727

5. FIXED ASSET INVESTMENTS

31.10.21 31.10.20
£    £   
Shares in group undertakings 100 100
Loans to group undertakings 251,963 258,079
252,063 258,179

Additional information is as follows:
Shares in
group
undertakings
£   
COST
At 1 November 2020
and 31 October 2021 100
NET BOOK VALUE
At 31 October 2021 100
At 31 October 2020 100
Loans to
group
undertakings
£   
At 1 November 2020 263,313
New in year (11,350 )
At 31 October 2021 251,963

Siltrad Limited (Registered number: 07856228)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2021

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.21 31.10.20
£    £   
Other debtors 73 431

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.21 31.10.20
£    £   
Taxation and social security - 2,461
Other creditors 4,221 4,190
4,221 6,651