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REGISTERED NUMBER: 05350858 (England and Wales)












SILVER RIVERS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023






SILVER RIVERS LIMITED (REGISTERED NUMBER: 05350858)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SILVER RIVERS LIMITED

COMPANY INFORMATION
for the year ended 28 February 2023







DIRECTORS: M J Hunt
Mrs F J Hunt





SECRETARY: M J Hunt





REGISTERED OFFICE: Station House
Connaught Road
Brookwood
Woking
Surrey
GU24 0ER





REGISTERED NUMBER: 05350858 (England and Wales)





ACCOUNTANTS: HPCA Limited
Station House
Connaught Road
Brookwood
Woking
Surrey
GU24 0ER

SILVER RIVERS LIMITED (REGISTERED NUMBER: 05350858)

BALANCE SHEET
28 February 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 968 722

CURRENT ASSETS
Debtors 5 28,188 34,953
Cash at bank 142,904 182,785
171,092 217,738
CREDITORS
Amounts falling due within one year 6 (144,782 ) (177,406 )
NET CURRENT ASSETS 26,310 40,332
TOTAL ASSETS LESS CURRENT
LIABILITIES

27,278

41,054

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 27,178 40,954
27,278 41,054

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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.

SILVER RIVERS LIMITED (REGISTERED NUMBER: 05350858)

BALANCE SHEET - continued
28 February 2023


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 9 October 2023 and were signed on its behalf by:





M J Hunt - Director


SILVER RIVERS LIMITED (REGISTERED NUMBER: 05350858)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 28 February 2023

1. STATUTORY INFORMATION

Silver Rivers 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.

Turnover
Turnover is recognised to the extent that it is probable that the economic benefits will from to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

- the amount of revenue can be measured reliably;
- it is probable that the company will receive the consideration due under the contract;
- the stage of completion of the contract at the end of the reporting period can be measured reliably; and
- the costs incurred and the costs to complete the contract can be measured reliably.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 33% on cost and 25% on 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.

SILVER RIVERS LIMITED (REGISTERED NUMBER: 05350858)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 28 February 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 March 2022 2,821 2,102 97,900 102,823
Additions 647 - - 647
At 28 February 2023 3,468 2,102 97,900 103,470
DEPRECIATION
At 1 March 2022 2,099 2,102 97,900 102,101
Charge for year 401 - - 401
At 28 February 2023 2,500 2,102 97,900 102,502
NET BOOK VALUE
At 28 February 2023 968 - - 968
At 28 February 2022 722 - - 722

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 27,635 31,893
VAT - 2,497
Prepayments 553 563
28,188 34,953

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 10,745 53,334
Tax 4,905 167
Social security and other taxes 256 760
VAT 980 -
Directors' current accounts 124,796 118,351
Accrued expenses 3,100 4,794
144,782 177,406