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Company Registration No. 11002139 (England and Wales)
Silverdale Coffee Ltd Unaudited accounts for the year ended 31 December 2023
Silverdale Coffee Ltd Unaudited accounts Contents
Page
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Silverdale Coffee Ltd Company Information for the year ended 31 December 2023
Directors
Keiron John William Hardy Petrina Jennifer Hardy
Company Number
11002139 (England and Wales)
Registered Office
30 ST. AIDAN CRESCENT HEATH CARDIFF CF14 4AU UNITED KINGDOM
Accountants
Assurance Accountancy Ltd Assurance Office, Swan House 146-147 St Helens Road Swansea SA1 4DE
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Silverdale Coffee Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
10,400 
13,000 
Tangible assets
7,765 
11,094 
18,165 
24,094 
Current assets
Inventories
1,550 
1,288 
Debtors
280 
10 
Cash at bank and in hand
5,894 
8,934 
7,724 
10,232 
Creditors: amounts falling due within one year
(72,521)
(65,675)
Net current liabilities
(64,797)
(55,443)
Total assets less current liabilities
(46,632)
(31,349)
Creditors: amounts falling due after more than one year
(7,082)
(17,085)
Net liabilities
(53,714)
(48,434)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(53,716)
(48,436)
Shareholders' funds
(53,714)
(48,434)
For the year ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 23 August 2024 and were signed on its behalf by
Keiron John William Hardy Director Company Registration No. 11002139
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Silverdale Coffee Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Silverdale Coffee Ltd is a private company, limited by shares, registered in England and Wales, registration number 11002139. The registered office is 30 ST. AIDAN CRESCENT, HEATH, CARDIFF, CF14 4AU, UNITED KINGDOM.
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.
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:
Plant & machinery
25% Straight Line
Fixtures & fittings
20 % Reducing Balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Goodwill is being written off in equal annual instalments over its estimated economic life of 10 years.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2023
26,000 
At 31 December 2023
26,000 
Amortisation
At 1 January 2023
13,000 
Charge for the year
2,600 
At 31 December 2023
15,600 
Net book value
At 31 December 2023
10,400 
At 31 December 2022
13,000 
Goodwill is being written off in equal annual instalments over its estimated economic life of 10 years.
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Silverdale Coffee Ltd Notes to the Accounts for the year ended 31 December 2023
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2023
18,163 
20,000 
- 
38,163 
Additions
2,333 
386 
619 
3,338 
At 31 December 2023
20,496 
20,386 
619 
41,501 
Depreciation
At 1 January 2023
13,623 
13,446 
- 
27,069 
Charge for the year
5,124 
1,388 
155 
6,667 
At 31 December 2023
18,747 
14,834 
155 
33,736 
Net book value
At 31 December 2023
1,749 
5,552 
464 
7,765 
At 31 December 2022
4,540 
6,554 
- 
11,094 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
280 
10 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
5,000 
- 
Loans from directors
66,321 
64,475 
Accruals
1,200 
1,200 
72,521 
65,675 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
7,082 
17,085 
9
Average number of employees
During the year the average number of employees was 2 (2022: 4).
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