Silverfin false false 31/08/2023 01/11/2022 31/08/2023 Mr Rajendrakumar Patel 15/10/2021 Mr Sanjay Patel 15/10/2021 Mr Sarju Patel 15/10/2021 22 August 2024 The principal activities of the company during the financial year was letting and operating of own or leased real estate. 13682013 2023-08-31 13682013 bus:Director1 2023-08-31 13682013 bus:Director2 2023-08-31 13682013 bus:Director3 2023-08-31 13682013 2022-10-31 13682013 core:CurrentFinancialInstruments 2023-08-31 13682013 core:CurrentFinancialInstruments 2022-10-31 13682013 core:ShareCapital 2023-08-31 13682013 core:ShareCapital 2022-10-31 13682013 core:RetainedEarningsAccumulatedLosses 2023-08-31 13682013 core:RetainedEarningsAccumulatedLosses 2022-10-31 13682013 core:CostValuation 2022-10-31 13682013 core:CostValuation 2023-08-31 13682013 bus:OrdinaryShareClass1 2023-08-31 13682013 bus:OrdinaryShareClass2 2023-08-31 13682013 bus:OrdinaryShareClass3 2023-08-31 13682013 bus:OrdinaryShareClass4 2023-08-31 13682013 2022-11-01 2023-08-31 13682013 bus:FilletedAccounts 2022-11-01 2023-08-31 13682013 bus:SmallEntities 2022-11-01 2023-08-31 13682013 bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-08-31 13682013 bus:PrivateLimitedCompanyLtd 2022-11-01 2023-08-31 13682013 bus:Director1 2022-11-01 2023-08-31 13682013 bus:Director2 2022-11-01 2023-08-31 13682013 bus:Director3 2022-11-01 2023-08-31 13682013 2021-10-15 2022-10-31 13682013 bus:OrdinaryShareClass1 2022-11-01 2023-08-31 13682013 bus:OrdinaryShareClass1 2021-10-15 2022-10-31 13682013 bus:OrdinaryShareClass2 2022-11-01 2023-08-31 13682013 bus:OrdinaryShareClass2 2021-10-15 2022-10-31 13682013 bus:OrdinaryShareClass3 2022-11-01 2023-08-31 13682013 bus:OrdinaryShareClass3 2021-10-15 2022-10-31 13682013 bus:OrdinaryShareClass4 2022-11-01 2023-08-31 13682013 bus:OrdinaryShareClass4 2021-10-15 2022-10-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 13682013 (England and Wales)

DIE TRYIN LIMITED

Unaudited Financial Statements
For the financial period from 01 November 2022 to 31 August 2023
Pages for filing with the registrar

DIE TRYIN LIMITED

Unaudited Financial Statements

For the financial period from 01 November 2022 to 31 August 2023

Contents

DIE TRYIN LIMITED

STATEMENT OF FINANCIAL POSITION

As at 31 August 2023
DIE TRYIN LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

As at 31 August 2023
Note 31.08.2023 31.10.2022
£ £
Fixed assets
Investment property 3 2,000,000 2,000,000
Investments 4 1 1
2,000,001 2,000,001
Current assets
Debtors 5 390,677 480,939
Cash at bank and in hand 6 139,628 128,354
530,305 609,293
Creditors: amounts falling due within one year 7 ( 2,575,640) ( 2,590,067)
Net current liabilities (2,045,335) (1,980,774)
Total assets less current liabilities (45,334) 19,227
Net (liabilities)/assets ( 45,334) 19,227
Capital and reserves
Called-up share capital 8 30 30
Profit and loss account ( 45,364 ) 19,197
Total shareholder's (deficit)/funds ( 45,334) 19,227

For the financial period ending 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Die Tryin Limited (registered number: 13682013) were approved and authorised for issue by the Board of Directors. They were signed on its behalf by:

Mr Rajendrakumar Patel
Director

22 August 2024

DIE TRYIN LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 November 2022 to 31 August 2023
DIE TRYIN LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 November 2022 to 31 August 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

Die Tryin Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is 35 Ballards Lane, London, N3 1XW, England, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

The Company only enters into basic financial instruments and transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to and from related parties and investments in non-puttable ordinary shares.

Ordinary share capital

The ordinary share capital of the company is presented as equity.

2. Employees

Period from
01.11.2022 to
31.08.2023
Period from
15.10.2021 to
31.10.2022
Number Number
Monthly average number of persons employed by the company during the period, including directors 3 3

3. Investment property

Investment property
£
Valuation
As at 01 November 2022 2,000,000
As at 31 August 2023 2,000,000

4. Fixed asset investments

Other investments Total
£ £
Cost or valuation before impairment
At 01 November 2022 1 1
At 31 August 2023 1 1
Carrying value at 31 August 2023 1 1
Carrying value at 31 October 2022 1 1

5. Debtors

31.08.2023 31.10.2022
£ £
Trade debtors 4,233 17,077
VAT recoverable 0 2,423
Corporation tax 5 0
Other debtors 386,439 461,439
390,677 480,939

6. Cash and cash equivalents

31.08.2023 31.10.2022
£ £
Cash at bank and in hand 139,628 128,354

7. Creditors: amounts falling due within one year

31.08.2023 31.10.2022
£ £
Amounts owed to group undertakings 1,509,411 1,509,411
Amounts owed to directors 114,261 189,082
Other loans 142,200 142,200
Accruals 52,784 51,884
Taxation and social security 13,995 14,501
Other creditors 742,989 682,989
2,575,640 2,590,067

8. Called-up share capital

31.08.2023 31.10.2022
£ £
Allotted, called-up and fully-paid
15 Ordinary shares of £ 1.00 each (31.10.2022: 30 shares of £ 1.00 each) 15 30
5 R shares ordinary shares of £ 1.00 each (31.10.2022: nil shares) 5 0
5 SY shares ordinary shares of £ 1.00 each (31.10.2022: nil shares) 5 0
5 SU shares ordinary shares of £ 1.00 each (31.10.2022: nil shares) 5 0
30 30