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Company Registration No. 10560325 (England and Wales)
Silvertouch Craftsmanship Ltd Unaudited accounts for the year ended 31 January 2024
Silvertouch Craftsmanship Ltd Unaudited accounts Contents
Page
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Silvertouch Craftsmanship Ltd Company Information for the year ended 31 January 2024
Director
Sandor Fekete
Company Number
10560325 (England and Wales)
Registered Office
6 Haythrop Close Downhead Park Milton Keynes Buckinghamshire MK15 9DD United Kingdom
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Silvertouch Craftsmanship Ltd Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
63,091 
15,149 
Current assets
Debtors
63,258 
37,914 
Cash at bank and in hand
12,281 
2,530 
75,539 
40,444 
Creditors: amounts falling due within one year
(90,929)
(21,128)
Net current (liabilities)/assets
(15,390)
19,316 
Net assets
47,701 
34,465 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
47,601 
34,365 
Shareholders' funds
47,701 
34,465 
For the year ending 31 January 2024 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 9 March 2024 and were signed on its behalf by
Sandor Fekete Director Company Registration No. 10560325
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Silvertouch Craftsmanship Ltd Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Silvertouch Craftsmanship Ltd is a private company, limited by shares, registered in England and Wales, registration number 10560325. The registered office is 6 Haythrop Close, Downhead Park, Milton Keynes , Buckinghamshire, MK15 9DD, 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
Reducing balance 25%
Motor vehicles
Reducing balance 25%
Fixtures & fittings
Reducing balance 25%
Computer equipment
Reducing balance 25%
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 February 2023
19,000 
- 
1,274 
324 
20,598 
Additions
37,380 
27,769 
2,082 
1,739 
68,970 
At 31 January 2024
56,380 
27,769 
3,356 
2,063 
89,568 
Depreciation
At 1 February 2023
4,750 
- 
557 
142 
5,449 
Charge for the year
12,907 
6,942 
699 
480 
21,028 
At 31 January 2024
17,657 
6,942 
1,256 
622 
26,477 
Net book value
At 31 January 2024
38,723 
20,827 
2,100 
1,441 
63,091 
At 31 January 2023
14,250 
- 
717 
182 
15,149 
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Silvertouch Craftsmanship Ltd Notes to the Accounts for the year ended 31 January 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
31,867 
- 
Amounts falling due after more than one year
Trade debtors
- 
16,814 
Other debtors
31,391 
21,100 
31,391 
37,914 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
65,837 
- 
Taxes and social security
- 
28 
Loans from directors
25,092 
21,100 
90,929 
21,128 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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