Caseware UK (AP4) 2022.0.179 2022.0.179 2024-01-312024-01-315No description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false2023-02-015truetrue 09373051 2023-02-01 2024-01-31 09373051 2022-02-01 2023-01-31 09373051 2024-01-31 09373051 2023-01-31 09373051 c:Director2 2023-02-01 2024-01-31 09373051 d:CurrentFinancialInstruments 2024-01-31 09373051 d:CurrentFinancialInstruments 2023-01-31 09373051 d:Non-currentFinancialInstruments 2024-01-31 09373051 d:Non-currentFinancialInstruments 2023-01-31 09373051 c:FRS102 2023-02-01 2024-01-31 09373051 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 09373051 c:FullAccounts 2023-02-01 2024-01-31 09373051 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure

Registered number: 09373051









SILVESTRIS (MMXV) LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2024

 
SILVESTRIS (MMXV) LIMITED
REGISTERED NUMBER: 09373051

BALANCE SHEET
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

  

Current assets
 4,5 
195
435

Creditors: amounts falling due within one year
 6 
(250)
(240)

Net current (liabilities)/assets
  
 
 
(55)
 
 
195

Total assets less current liabilities
  
(55)
195

Creditors: amounts falling due after more than one year
 7 
(27,381)
(32,150)

  

Net liabilities
  
(27,436)
(31,955)


  

Capital and reserves
  
(27,436)
(31,955)


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SILVESTRIS (MMXV) LIMITED
REGISTERED NUMBER: 09373051
    
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year 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 Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 profit and loss account 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 22 August 2024.




M Bailey
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
SILVESTRIS (MMXV) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.Accounting policies

 
1.1

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
1.2

Going concern

These financial statements have been prepared on a going concern basis due to the support given by the directors of the company.

 
1.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

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SILVESTRIS (MMXV) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.Accounting policies (continued)

 
1.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
1.5

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.

 
1.6

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.


2.


General information

Silvestris (MMXV) Limited is a limited company incorporated in England and Wales.   The registered office of the company is 6 Bamel Way, Gloucester Business Park, Brockworth, Gloucester, GL3 4BH.

Page 4

 
SILVESTRIS (MMXV) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

3.


Employees







The average monthly number of employees, including the directors, during the year was as follows:


        2024
        2023
            No.
            No.







Directors
5
5


4.


Debtors

2024
2023
£
£


Other debtors
190
430

190
430



5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
5
5

5
5



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Accruals and deferred income
250
240

250
240


Page 5

 
SILVESTRIS (MMXV) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Other creditors
27,381
32,150

27,381
32,150



8.


Related party transactions

Included in other creditors falling due after more than one year is £27,381 (2023: £32,150) due to Horizons Executive Pension Scheme.  The pension scheme is administered by the director, M Bailey.  All of the directors of the company are also Trustees of the scheme. 

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