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REGISTERED NUMBER: 08660535 (England and Wales)















Financial Statements for the Year Ended 31 December 2023

for

SILVA & FILHOS LTD

SILVA & FILHOS LTD (Registered number: 08660535)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SILVA & FILHOS LTD

Company Information
for the Year Ended 31 December 2023







DIRECTOR: P DA SILVA





SECRETARY: P DA SILVA





REGISTERED OFFICE: 98 FORDWATER ROAD
CHERTSEY
KT16 8HQ





REGISTERED NUMBER: 08660535 (England and Wales)





ACCOUNTANTS: A.B.K ACCOUNTANCY SERVICES
59 ASHEN GROVE
WIMBLEDON PARK
London
SW19 8BL

SILVA & FILHOS LTD (Registered number: 08660535)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 (899 ) -

CURRENT ASSETS
Stocks 5 1,204 1,405
Debtors 6 1,210 2,413
Cash at bank 465 742
2,879 4,560
CREDITORS
Amounts falling due within one year 7 5,191 3,035
NET CURRENT (LIABILITIES)/ASSETS (2,312 ) 1,525
TOTAL ASSETS LESS CURRENT
LIABILITIES

(3,211

)

1,525

CREDITORS
Amounts falling due after more than one
year

8

9,500

11,705
NET LIABILITIES (12,711 ) (10,180 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (12,811 ) (10,280 )
SHAREHOLDERS' FUNDS (12,711 ) (10,180 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

SILVA & FILHOS LTD (Registered number: 08660535)

Balance Sheet - continued
31 December 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 director and authorised for issue on 1 February 2024 and were signed by:





P DA SILVA - Director


SILVA & FILHOS LTD (Registered number: 08660535)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

SILVA & FILHOS 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.

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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023
and 31 December 2023 8,899
DEPRECIATION
At 1 January 2023 8,899
Charge for year 899
At 31 December 2023 9,798
NET BOOK VALUE
At 31 December 2023 (899 )

5. STOCKS
31.12.23 31.12.22
£    £   
Work-in-progress 1,204 1,405

SILVA & FILHOS LTD (Registered number: 08660535)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 1,210 2,413

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 381 645
Social security and other taxes (4 ) -
Directors' current accounts 3,762 1,338
Accrued expenses 1,052 1,052
5,191 3,035

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans - 2-5 years 9,500 11,705