REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 30 June 2023 |
for |
SILVERFORCE LTD |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 30 June 2023 |
for |
SILVERFORCE LTD |
SILVERFORCE LTD (Registered number: 03231716) |
Contents of the Financial Statements |
for the Year Ended 30 JUNE 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
SILVERFORCE LTD |
Company Information |
for the Year Ended 30 JUNE 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
Alpha House |
296 Kenton Road |
Harrow |
HA3 8DD |
SILVERFORCE LTD (Registered number: 03231716) |
Balance Sheet |
30 JUNE 2023 |
30.6.23 | 30.6.22 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year | 6 | ( |
) |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Fair value reserve | 7 |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
SILVERFORCE LTD (Registered number: 03231716) |
Balance Sheet - continued |
30 JUNE 2023 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
SILVERFORCE LTD (Registered number: 03231716) |
Notes to the Financial Statements |
for the Year Ended 30 JUNE 2023 |
1. | STATUTORY INFORMATION |
SILVERFORCE LTD is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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 |
Short leasehold | - |
Fixtures and fittings | - |
Motor vehicles | - |
Computer equipment | - |
Freehold property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
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 |
SILVERFORCE LTD (Registered number: 03231716) |
Notes to the Financial Statements - continued |
for the Year Ended 30 JUNE 2023 |
4. | TANGIBLE FIXED ASSETS |
Fixtures |
Freehold | Short | and |
property | leasehold | fittings |
£ | £ | £ |
COST OR VALUATION |
At 1 July 2022 |
Additions |
Disposals | ( |
) |
Revaluations |
At 30 June 2023 |
DEPRECIATION |
At 1 July 2022 |
Charge for year |
At 30 June 2023 |
NET BOOK VALUE |
At 30 June 2023 |
At 30 June 2022 |
Motor | Computer |
vehicles | equipment | Totals |
£ | £ | £ |
COST OR VALUATION |
At 1 July 2022 |
Additions |
Disposals | ( |
) |
Revaluations |
At 30 June 2023 |
DEPRECIATION |
At 1 July 2022 |
Charge for year |
At 30 June 2023 |
NET BOOK VALUE |
At 30 June 2023 |
At 30 June 2022 |
SILVERFORCE LTD (Registered number: 03231716) |
Notes to the Financial Statements - continued |
for the Year Ended 30 JUNE 2023 |
4. | TANGIBLE FIXED ASSETS - continued |
Cost or valuation at 30 June 2023 is represented by: |
Fixtures |
Freehold | Short | and |
property | leasehold | fittings |
£ | £ | £ |
Valuation in 2017 | 1,091,805 | - | - |
Valuation in 2023 | 205,000 | - | - |
Cost | 3,053,261 | 62,924 | 31,272 |
4,350,066 | 62,924 | 31,272 |
Motor | Computer |
vehicles | equipment | Totals |
£ | £ | £ |
Valuation in 2017 | - | - | 1,091,805 |
Valuation in 2023 | - | - | 205,000 |
Cost | 49,831 | 13,373 | 3,210,661 |
49,831 | 13,373 | 4,507,466 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.6.23 | 30.6.22 |
£ | £ |
Trade creditors |
Taxation and social security |
Other creditors |
6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
30.6.23 | 30.6.22 |
£ | £ |
Other creditors |
Amounts falling due in more than five years: |
Repayable otherwise than by instalments |
Other loans more 5yrs non-inst |
SILVERFORCE LTD (Registered number: 03231716) |
Notes to the Financial Statements - continued |
for the Year Ended 30 JUNE 2023 |
7. | RESERVES |
Fair |
value |
reserve |
£ |
At 1 July 2022 |
Fairvalue Adjustment | 88,242 |
At 30 June 2023 |
8. | ULTIMATE CONTROLLING PARTY |
The controlling party is Directors.. |