2022-03-142023-03-312023-03-31false13974458SILEX PARTNERS LIMITED2023-09-2770221iso4217:GBPxbrli:pure139744582022-03-14139744582023-03-31139744582022-03-142023-03-31139744582022-03-13139744582022-03-13139744582022-03-132022-03-1313974458bus:SmallEntities2022-03-142023-03-3113974458bus:AuditExempt-NoAccountantsReport2022-03-142023-03-3113974458bus:AbridgedAccounts2022-03-142023-03-3113974458bus:PrivateLimitedCompanyLtd2022-03-142023-03-3113974458core:WithinOneYear2023-03-3113974458core:AfterOneYear2023-03-3113974458core:WithinOneYear2022-03-1313974458core:AfterOneYear2022-03-1313974458core:ShareCapital2023-03-3113974458core:SharePremium2023-03-3113974458core:RevaluationReserve2023-03-3113974458core:OtherReservesSubtotal2023-03-3113974458core:RetainedEarningsAccumulatedLosses2023-03-3113974458core:ShareCapital2022-03-1313974458core:SharePremium2022-03-1313974458core:RevaluationReserve2022-03-1313974458core:OtherReservesSubtotal2022-03-1313974458core:RetainedEarningsAccumulatedLosses2022-03-1313974458core:LandBuildings2023-03-3113974458core:PlantMachinery2023-03-3113974458core:Vehicles2023-03-3113974458core:FurnitureFittings2023-03-3113974458core:OfficeEquipment2023-03-3113974458core:NetGoodwill2023-03-3113974458core:IntangibleAssetsOtherThanGoodwill2023-03-3113974458core:ListedExchangeTraded2023-03-3113974458core:UnlistedNon-exchangeTraded2023-03-3113974458core:LandBuildings2022-03-1313974458core:PlantMachinery2022-03-1313974458core:Vehicles2022-03-1313974458core:FurnitureFittings2022-03-1313974458core:OfficeEquipment2022-03-1313974458core:NetGoodwill2022-03-1313974458core:IntangibleAssetsOtherThanGoodwill2022-03-1313974458core:ListedExchangeTraded2022-03-1313974458core:UnlistedNon-exchangeTraded2022-03-1313974458core:LandBuildings2022-03-142023-03-3113974458core:PlantMachinery2022-03-142023-03-3113974458core:Vehicles2022-03-142023-03-3113974458core:FurnitureFittings2022-03-142023-03-3113974458core:OfficeEquipment2022-03-142023-03-3113974458core:NetGoodwill2022-03-142023-03-3113974458core:IntangibleAssetsOtherThanGoodwill2022-03-142023-03-3113974458core:ListedExchangeTraded2022-03-142023-03-3113974458core:UnlistedNon-exchangeTraded2022-03-142023-03-3113974458core:MoreThanFiveYears2022-03-142023-03-3113974458core:Non-currentFinancialInstruments2023-03-3113974458core:Non-currentFinancialInstruments2022-03-1313974458dpl:CostSales2022-03-142023-03-3113974458dpl:DistributionCosts2022-03-142023-03-3113974458core:LandBuildings2022-03-142023-03-3113974458core:PlantMachinery2022-03-142023-03-3113974458core:Vehicles2022-03-142023-03-3113974458core:FurnitureFittings2022-03-142023-03-3113974458core:OfficeEquipment2022-03-142023-03-3113974458dpl:AdministrativeExpenses2022-03-142023-03-3113974458core:NetGoodwill2022-03-142023-03-3113974458core:IntangibleAssetsOtherThanGoodwill2022-03-142023-03-3113974458dpl:GroupUndertakings2022-03-142023-03-3113974458dpl:ParticipatingInterests2022-03-142023-03-3113974458dpl:GroupUndertakingscore:ListedExchangeTraded2022-03-142023-03-3113974458core:ListedExchangeTraded2022-03-142023-03-3113974458dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-03-142023-03-3113974458core:UnlistedNon-exchangeTraded2022-03-142023-03-3113974458dpl:CostSales2022-03-132022-03-1313974458dpl:DistributionCosts2022-03-132022-03-1313974458core:LandBuildings2022-03-132022-03-1313974458core:PlantMachinery2022-03-132022-03-1313974458core:Vehicles2022-03-132022-03-1313974458core:FurnitureFittings2022-03-132022-03-1313974458core:OfficeEquipment2022-03-132022-03-1313974458dpl:AdministrativeExpenses2022-03-132022-03-1313974458core:NetGoodwill2022-03-132022-03-1313974458core:IntangibleAssetsOtherThanGoodwill2022-03-132022-03-1313974458dpl:GroupUndertakings2022-03-132022-03-1313974458dpl:ParticipatingInterests2022-03-132022-03-1313974458dpl:GroupUndertakingscore:ListedExchangeTraded2022-03-132022-03-1313974458core:ListedExchangeTraded2022-03-132022-03-1313974458dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-03-132022-03-1313974458core:UnlistedNon-exchangeTraded2022-03-132022-03-1313974458core:NetGoodwill2023-03-3113974458core:IntangibleAssetsOtherThanGoodwill2023-03-3113974458core:LandBuildings2023-03-3113974458core:PlantMachinery2023-03-3113974458core:Vehicles2023-03-3113974458core:FurnitureFittings2023-03-3113974458core:OfficeEquipment2023-03-3113974458core:AfterOneYear2023-03-3113974458core:WithinOneYear2023-03-3113974458core:ListedExchangeTraded2023-03-3113974458core:UnlistedNon-exchangeTraded2023-03-3113974458core:ShareCapital2023-03-3113974458core:SharePremium2023-03-3113974458core:RevaluationReserve2023-03-3113974458core:OtherReservesSubtotal2023-03-3113974458core:RetainedEarningsAccumulatedLosses2023-03-3113974458core:NetGoodwill2022-03-1313974458core:IntangibleAssetsOtherThanGoodwill2022-03-1313974458core:LandBuildings2022-03-1313974458core:PlantMachinery2022-03-1313974458core:Vehicles2022-03-1313974458core:FurnitureFittings2022-03-1313974458core:OfficeEquipment2022-03-1313974458core:AfterOneYear2022-03-1313974458core:WithinOneYear2022-03-1313974458core:L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SILEX PARTNERS LIMITED

Registered Number
13974458
(England and Wales)

Unaudited Financial Statements for the Period ended
31 March 2023

SILEX PARTNERS LIMITED
Company Information
for the period from 14 March 2022 to 31 March 2023

Directors

HOURANI, Lamice
REY, Fabrice

Registered Address

101 New Cavendish Street
1st Floor South
London
W1W 6XH

Registered Number

13974458 (England and Wales)
SILEX PARTNERS LIMITED
Balance Sheet as at
31 March 2023

Notes

2023

£

£

Fixed assets
Tangible assets53,802
3,802
Current assets
Debtors127,023
Cash at bank and on hand24,682
151,705
Creditors amounts falling due within one year7(38,760)
Net current assets (liabilities)112,945
Total assets less current liabilities116,747
Net assets116,747
Capital and reserves
Called up share capital75,000
Profit and loss account41,747
Shareholders' funds116,747
The financial statements were approved and authorised for issue by the Board of Directors on 27 September 2023, and are signed on its behalf by:
HOURANI, Lamice
Director
REY, Fabrice
Director

Registered Company No. 13974458
SILEX PARTNERS LIMITED
Notes to the Financial Statements
for the period ended 31 March 2023

1.Statutory information
Silex Partners Limited is a private company, limited by shares, incorporated in the United Kingdom and registered in England and Wales. The company's registered office address is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Functional and presentation currency policy
The financial statements are presented in sterling and this is the functional currency of the company.
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Plant and machinery3
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Taxation policy
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
4.Employee information

2023
Average number of employees during the year2
5.Property, plant and equipment

Total

£
Cost or valuation
Additions5,066
At 31 March 235,066
Depreciation and impairment
Charge for year1,264
At 31 March 231,264
Net book value
At 31 March 233,802
At 13 March 22-
6.Debtors within one year

2023

£
Other debtors6,257
Prepayments and accrued income120,766
Total127,023
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
7.Creditors within one year

2023

£
Trade creditors / trade payables27
Taxation and social security18,963
Other creditors18,270
Accrued liabilities and deferred income1,500
Total38,760
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.