REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MAY 2023 |
FOR |
SILVERBIRCH PROPERTY INVESTMENTS LTD |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MAY 2023 |
FOR |
SILVERBIRCH PROPERTY INVESTMENTS LTD |
SILVERBIRCH PROPERTY INVESTMENTS LTD (REGISTERED NUMBER: 12017681) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MAY 2023 |
Page |
Balance Sheet | 1 |
SILVERBIRCH PROPERTY INVESTMENTS LTD (REGISTERED NUMBER: 12017681) |
BALANCE SHEET |
31 MAY 2023 |
2023 | 2022 |
£ | £ |
CURRENT ASSETS |
CREDITORS |
Amounts falling due within one year | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES | ( |
) | ( |
) |
NOTES TO THE FINANCIAL STATEMENTS |
1. | STATUTORY INFORMATION |
Silverbrich Investment Property Ltd 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. |
SILVERBIRCH PROPERTY INVESTMENTS LTD (REGISTERED NUMBER: 12017681) |
BALANCE SHEET - continued |
31 MAY 2023 |
NOTES TO THE FINANCIAL STATEMENTS |
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 |
Stocks |
Work in progress is valued at the lower of cost and net realisable value. |
Cost is calculated using the first-in, first-out method and includes all purchase, transport, and |
handling costs in bringing stocks to their present location and condition. |
Significant judgements and estimates |
The preparation of the financial statements requires management to make judgements, |
estimates and assumptions that affect the amounts reported. These estimates and judgements |
are continually reviewed and are based on experience and other factors, including expectations |
of future events that are believed to be reasonable under the circumstances. |
No significant judgements (apart from those involving estimations) have been made by |
management in the process of applying the entity's accounting policies and preparing these |
financial statements. |
Accounting estimates and assumptions are made concerning the future and, by their nature, will |
rarely equal the related actual outcome. There have been no key assumptions or other sources |
of estimation uncertainty that have a significant risk of causing a material adjustment to the |
carrying amounts of assets and liabilities within the next financial year |
Financial instruments |
The company holds basic financial instruments as defined in FRS102. The financial assets and |
financial liabilities of the company and their measurement basis are as follows: |
Financial assets - trade and other debtors are basic financial instruments and are debt |
instruments measured at amortized cost. Prepayments are not financial instruments. Cash at |
bank is classified as a basic financial instrument and is measured at amortised cost. |
Financial liabilities - trade creditors, accruals and other creditors and basic financial instruments |
and are measured at amortised cost. Taxation and social security and not included in the |
financial instruments disclosure definition |
3. | AVERAGE NUMBER OF EMPLOYEES |
The average number of employees during the year was |
SILVERBIRCH PROPERTY INVESTMENTS LTD (REGISTERED NUMBER: 12017681) |
BALANCE SHEET - continued |
31 MAY 2023 |
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. |
The financial statements were approved by the Board of Directors and authorised for issue on |