Company Registration No. 12652366 (England and Wales)
Silver Industries Limited
Unaudited accounts
for the year ended 30 June 2023
Silver Industries Limited
Unaudited accounts
Contents
Silver Industries Limited
Company Information
for the year ended 30 June 2023
Director
Stelian-Emanuel Estives
Company Number
12652366 (England and Wales)
Registered Office
27 Old Gloucester Street
London
WC1N 3AX
England
Silver Industries Limited
Statement of financial position
as at 30 June 2023
Intangible assets
475,001
483,334
Tangible assets
25,376
26,584
Cash at bank and in hand
15,386
20,404
Creditors: amounts falling due within one year
(129,067)
(134,728)
Net current liabilities
(27,626)
(1,624)
Total assets less current liabilities
472,751
508,294
Creditors: amounts falling due after more than one year
(484,454)
(518,592)
Net liabilities
(11,703)
(10,298)
Called up share capital
1
1
Profit and loss account
(11,704)
(10,299)
Shareholders' funds
(11,703)
(10,298)
For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 1 July 2023 and were signed on its behalf by
Stelian-Emanuel Estives
Director
Company Registration No. 12652366
Silver Industries Limited
Notes to the Accounts
for the year ended 30 June 2023
Silver Industries Limited is a private company, limited by shares, registered in England and Wales, registration number 12652366. The registered office is 27 Old Gloucester Street, , London, WC1N 3AX, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
Silver Industries Limited
Notes to the Accounts
for the year ended 30 June 2023
5
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Trade debtors
35,870
49,182
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
6,277
6,723
Obligations under finance leases and hire purchase contracts
46,170
48,293
Trade creditors
44,900
43,681
Other creditors
31,720
36,031
8
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
381,036
398,135
Other creditors
69,110
78,273
9
Average number of employees
During the year the average number of employees was 20 (2022: 20).