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COMPANY REGISTRATION NUMBER: 06860239
SILVION LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 May 2023
SILVION LIMITED
STATEMENT OF FINANCIAL POSITION
31 May 2023
2023
2022
£
£
£
Fixed assets
12,166
12,514
---------
---------
Current assets
801,871
657,593
Prepayments and accrued income
1,245
1,777
-----------
-----------
803,116
659,370
Creditors: amounts falling due within one year
97,666
35,274
-----------
-----------
Net current assets
705,450
624,096
-----------
-----------
Total assets less current liabilities
717,616
636,610
Accruals and deferred income
2,200
2,100
-----------
-----------
715,416
634,510
-----------
-----------
Capital and reserves
715,416
634,510
-----------
-----------
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2022: 1 ).
2. Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2023
Balance brought forward
Advances/ (credits) to the directors
Amounts repaid
Balance outstanding
£
£
£
£
R Britton
236,105
74,699
( 89,412)
221,392
L Britton Meadows
8,233
150,596
( 46,149)
112,680
-----------
-----------
-----------
-----------
244,338
225,295
( 135,561)
334,072
-----------
-----------
-----------
-----------
2022
Balance brought forward
Advances/ (credits) to the directors
Amounts repaid
Balance outstanding
£
£
£
£
R Britton
241,542
83,715
( 89,152)
236,105
L Britton Meadows
46,045
( 37,812)
8,233
-----------
-----------
-----------
-----------
241,542
129,760
( 126,964)
244,338
-----------
-----------
-----------
-----------
Interest is charged at £3% per annum on the overdrawn loan account balances. Advances are unsecured and repayable on demand.
For the year ending 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 13 November 2023 , and are signed on behalf of the board by:
R Britton
Director
Company registration number: 06860239
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Streets Accountants, Windsor House, A1 Business Park at, Long Bennington, Nottinghamshire, NG23 5JR, United Kingdom.