IRIS Accounts Production v24.2.0.383 09991184 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh099911842023-03-31099911842024-03-31099911842023-04-012024-03-31099911842022-03-31099911842022-04-012023-03-31099911842023-03-3109991184ns15:EnglandWales2023-04-012024-03-3109991184ns14:PoundSterling2023-04-012024-03-3109991184ns10:Director12023-04-012024-03-3109991184ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3109991184ns10:SmallEntities2023-04-012024-03-3109991184ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3109991184ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3109991184ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3109991184ns10:FullAccounts2023-04-012024-03-3109991184ns10:OrdinaryShareClass12023-04-012024-03-3109991184ns10:Director22023-04-012024-03-3109991184ns10:RegisteredOffice2023-04-012024-03-3109991184ns5:CurrentFinancialInstruments2024-03-3109991184ns5:CurrentFinancialInstruments2023-03-3109991184ns5:ShareCapital2024-03-3109991184ns5:ShareCapital2023-03-3109991184ns5:RetainedEarningsAccumulatedLosses2024-03-3109991184ns5:RetainedEarningsAccumulatedLosses2023-03-3109991184ns5:PlantMachinery2023-04-012024-03-3109991184ns5:PlantMachinery2023-03-3109991184ns5:PlantMachinery2024-03-3109991184ns5:PlantMachinery2023-03-3109991184ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3109991184ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-3109991184ns10:OrdinaryShareClass12024-03-31
REGISTERED NUMBER: 09991184 (England and Wales)















Financial Statements for the Year Ended 31 March 2024

for

The Silicone Centre Ltd

The Silicone Centre Ltd (Registered number: 09991184)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


The Silicone Centre Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: M J Li-Rouse
Mrs S Li-Rouse





REGISTERED OFFICE: The Old Cart Shed
Haw Farm
Hampstead Norreys
Thatcham
Berkshire
RG18 0TP





REGISTERED NUMBER: 09991184 (England and Wales)





ACCOUNTANTS: K P Cox Accounting Ltd
35 Penpont Water
Didcot
Oxfordshire
OX11 7LR

The Silicone Centre Ltd (Registered number: 09991184)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,284 6,778

CURRENT ASSETS
Debtors 5 74,163 58,550

CREDITORS
Amounts falling due within one year 6 30,234 35,266
NET CURRENT ASSETS 43,929 23,284
TOTAL ASSETS LESS CURRENT
LIABILITIES

53,213

30,062

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 53,113 29,962
SHAREHOLDERS' FUNDS 53,213 30,062

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2024 and were signed on its behalf by:





M J Li-Rouse - Director


The Silicone Centre Ltd (Registered number: 09991184)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

The Silicone Centre Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost and 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 3 ) .

The Silicone Centre Ltd (Registered number: 09991184)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 21,459
Additions 4,978
Disposals (480 )
At 31 March 2024 25,957
DEPRECIATION
At 1 April 2023 14,681
Charge for year 2,472
Eliminated on disposal (480 )
At 31 March 2024 16,673
NET BOOK VALUE
At 31 March 2024 9,284
At 31 March 2023 6,778

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 64,168 44,768
Other debtors 9,995 13,782
74,163 58,550

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 2,244 3,066
Trade creditors 2,707 3,197
Taxation and social security 24,043 27,777
Other creditors 1,240 1,226
30,234 35,266

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary £1 100 100

8. ULTIMATE CONTROLLING PARTY

The controlling party is M J Li-Rouse.