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
Silvertouch Craftsmanship Ltd
Company Information
for the year ended 31 January 2024
Company Number
10560325 (England and Wales)
Registered Office
6 Haythrop Close
Downhead Park
Milton Keynes
Buckinghamshire
MK15 9DD
United Kingdom
Silvertouch Craftsmanship Ltd
Statement of financial position
as at 31 January 2024
Tangible assets
63,091
15,149
Cash at bank and in hand
12,281
2,530
Creditors: amounts falling due within one year
(90,929)
(21,128)
Net current (liabilities)/assets
(15,390)
19,316
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
Silvertouch Craftsmanship Ltd
Notes to the Accounts
for the year ended 31 January 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
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
At 31 January 2024
38,723
20,827
2,100
1,441
63,091
At 31 January 2023
14,250
-
717
182
15,149
Silvertouch Craftsmanship Ltd
Notes to the Accounts
for the year ended 31 January 2024
Amounts falling due within one year
Amounts falling due after more than one year
Other debtors
31,391
21,100
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
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).