Caseware UK (AP4) 2022.0.179 2022.0.179 2022-11-302022-11-3022No description of principal activitytrue2021-12-01truefalse 13043852 2021-12-01 2022-11-30 13043852 2020-11-25 2021-11-30 13043852 2022-11-30 13043852 2021-11-30 13043852 c:Director2 2021-12-01 2022-11-30 13043852 d:CurrentFinancialInstruments 2022-11-30 13043852 d:CurrentFinancialInstruments 2021-11-30 13043852 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 13043852 d:CurrentFinancialInstruments d:WithinOneYear 2021-11-30 13043852 d:ShareCapital 2022-11-30 13043852 d:ShareCapital 2021-11-30 13043852 d:RetainedEarningsAccumulatedLosses 2022-11-30 13043852 d:RetainedEarningsAccumulatedLosses 2021-11-30 13043852 c:FRS102 2021-12-01 2022-11-30 13043852 c:AuditExempt-NoAccountantsReport 2021-12-01 2022-11-30 13043852 c:FullAccounts 2021-12-01 2022-11-30 13043852 c:PrivateLimitedCompanyLtd 2021-12-01 2022-11-30 iso4217:GBP xbrli:pure

Registered number: 13043852










TH SILVERSTONE LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 NOVEMBER 2022

 
TH SILVERSTONE LIMITED
REGISTERED NUMBER: 13043852

STATEMENT OF FINANCIAL POSITION
AS AT 30 NOVEMBER 2022

2022
2021
Note
£
£

  

Current assets
  

Stocks
  
3,413,527
1,168,093

Debtors: amounts falling due within one year
 3 
189,377
7,217

Cash at bank and in hand
  
216,538
192

  
3,819,442
1,175,502

Creditors: amounts falling due within one year
 4 
(3,824,061)
(1,178,951)

Net current liabilities
  
 
 
(4,619)
 
 
(3,449)

Total assets less current liabilities
  
(4,619)
(3,449)

  

Net liabilities
  
(4,619)
(3,449)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(4,719)
(3,549)

  
(4,619)
(3,449)


For the period ended 30 November 2022 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 24 November 2023.




Page 1

 
TH SILVERSTONE LIMITED
REGISTERED NUMBER: 13043852
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 NOVEMBER 2022

D E Vercoe
Director

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 
TH SILVERSTONE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2022

1.


General information

TH Silverstone Limited (13043852) is a private company limited by shares and incorporated in England & Wales. Its registered office address is Unit 3a, Manor Business Park, Grants Hill Way, Woodford Halse, Daventry, Northamptonshire, NN11 3UB.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

 
2.2

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

 
2.3

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Debtors

2022
2021
£
£


Trade debtors
329
-

Amounts owed by joint ventures and associated undertakings
109,237
-

Other debtors
79,811
7,217


Page 3

 
TH SILVERSTONE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2022

4.


Creditors: Amounts falling due within one year

2022
2021
£
£

Bank loans
2,591,226
428,376

Other loans
400,101
400,101

Trade creditors
720,564
260,333

Amounts owed to other participating interests
40,054
87,141

Other creditors
54,795
-

Accruals and deferred income
17,321
3,000

3,824,061
1,178,951


 
Page 4