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Company Registration No. 12724064 (England and Wales)
SILVERCREST CAPITAL MANAGEMENT LTD Unaudited accounts for the year ended 31 July 2023
SILVERCREST CAPITAL MANAGEMENT LTD Unaudited accounts Contents
Page
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SILVERCREST CAPITAL MANAGEMENT LTD Company Information for the year ended 31 July 2023
Director
Adeniyi Aderibigbe
Secretary
Adeniyi Aderibigbe
Company Number
12724064 (England and Wales)
Registered Office
7 Bell Yard London WC2A 2JR
Accountants
Brown & Bam Associates 143 Pembury Avenue Worcester Park Surrey County (optional) KT4 8BX
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SILVERCREST CAPITAL MANAGEMENT LTD Accountants' report
Accountants' report to the director of SILVERCREST CAPITAL MANAGEMENT LTD on the preparation of the unaudited statutory accounts for the year ended 31 July 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of SILVERCREST CAPITAL MANAGEMENT LTD for the year ended 31 July 2023 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of SILVERCREST CAPITAL MANAGEMENT LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of SILVERCREST CAPITAL MANAGEMENT LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SILVERCREST CAPITAL MANAGEMENT LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that SILVERCREST CAPITAL MANAGEMENT LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of SILVERCREST CAPITAL MANAGEMENT LTD. You consider that SILVERCREST CAPITAL MANAGEMENT LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of SILVERCREST CAPITAL MANAGEMENT LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Brown & Bam Associates 143 Pembury Avenue Worcester Park Surrey County (optional) KT4 8BX 30 April 2024
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SILVERCREST CAPITAL MANAGEMENT LTD Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
831 
1,049 
Current assets
Debtors
84,987 
85,842 
Cash at bank and in hand
19,057 
19,057 
104,044 
104,899 
Creditors: amounts falling due within one year
(97,769)
(97,070)
Net current assets
6,275 
7,829 
Net assets
7,106 
8,878 
Capital and reserves
Called up share capital
10,000 
10,000 
Profit and loss account
(2,894)
(1,122)
Shareholders' funds
7,106 
8,878 
For the year ending 31 July 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 30 April 2024 and were signed on its behalf by
Adeniyi Aderibigbe Director Company Registration No. 12724064
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SILVERCREST CAPITAL MANAGEMENT LTD Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
SILVERCREST CAPITAL MANAGEMENT LTD is a private company, limited by shares, registered in England and Wales, registration number 12724064. The registered office is 7 Bell Yard, London, WC2A 2JR.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Motor vehicles
25
Fixtures & fittings
10
Computer equipment
25
Other tangible fixed assets
20
Going concern
The board of director has a reasonable expectation that the company has adequate resources to continue in operation for the foreseeable future. For these reasons, the board decides to continue to adopt the going concern basis in preparing the financial statements for the company.
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SILVERCREST CAPITAL MANAGEMENT LTD Notes to the Accounts for the year ended 31 July 2023
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2022
300 
1,400 
1,700 
At 31 July 2023
300 
1,400 
1,700 
Depreciation
At 1 August 2022
57 
594 
651 
Charge for the year
24 
194 
218 
At 31 July 2023
81 
788 
869 
Net book value
At 31 July 2023
219 
612 
831 
At 31 July 2022
243 
806 
1,049 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
84,987 
85,842 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
86,720 
86,720 
Amounts owed to group undertakings and other participating interests
10,299 
9,850 
Accruals
750 
500 
97,769 
97,070 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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