2023-02-01 2024-01-31 false Capium Accounts Production 1.1 13161458 bus:AbridgedAccounts 2023-02-01 2024-01-31 13161458 bus:FRS102 2023-02-01 2024-01-31 13161458 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 13161458 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 13161458 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 13161458 2023-02-01 2024-01-31 13161458 2024-01-31 13161458 bus:RegisteredOffice 2023-02-01 2024-01-31 13161458 core:WithinOneYear 2024-01-31 13161458 core:AfterOneYear 2024-01-31 13161458 bus:Director1 2023-02-01 2024-01-31 13161458 bus:Director1 2024-01-31 13161458 bus:Director1 2022-02-01 2023-01-31 13161458 2022-02-01 13161458 bus:LeadAgentIfApplicable 2023-02-01 2024-01-31 13161458 2022-02-01 2023-01-31 13161458 2023-01-31 13161458 core:WithinOneYear 2023-01-31 13161458 core:AfterOneYear 2023-01-31 13161458 bus:EntityAccountantsOrAuditors 2022-02-01 2023-01-31 13161458 core:CostValuation core:Non-currentFinancialInstruments 2024-01-31 13161458 core:CostValuation core:Non-currentFinancialInstruments 2023-01-31 13161458 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-01-31 13161458 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-01-31 13161458 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-01-31 13161458 core:Non-currentFinancialInstruments 2024-01-31 13161458 core:Non-currentFinancialInstruments 2023-01-31 13161458 core:ShareCapital 2024-01-31 13161458 core:ShareCapital 2023-01-31 13161458 core:RetainedEarningsAccumulatedLosses 2024-01-31 13161458 core:RetainedEarningsAccumulatedLosses 2023-01-31 13161458 dpl:Item1 2023-02-01 13161458 dpl:Item1 2024-01-31 13161458 dpl:Item1 2022-02-01 13161458 dpl:Item1 2023-01-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 13161458
England and Wales

 

 

 

SILVERDALE UK ESTATES LTD


Abridged Accounts
 


Period of accounts

Start date: 01 February 2023

End date: 31 January 2024
In order to assist you to fulfil your duties under Companies Act 2006, we have prepared for your approval the accounts of Silverdale UK Estates Ltd for the year ended 31 January 2024 which comprise the Statement of Comprehensive Income, the Statement of Financial Position, the Statement of Changes in Equity, the Statement of Cash Flows and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the member of Silverdale UK Estates Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Silverdale UK Estates Ltd and state those matters that we have agreed to state to the Board of Silverdale UK Estates Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants and as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Silverdale UK Estates Ltd and its members as a body for our work or for this report.

It is your duty to ensure that Silverdale UK Estates Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and Profit of Silverdale UK Estates Ltd. You consider that Silverdale UK Estates Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Silverdale UK Estates Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.



....................................................
Allazo Ltd
2 Claridge Court
Lower Kings Road
Berkhamsted
HP4 2AF
31 October 2024
1
 

 
Notes

 
2024
£

  2023
£
(as restated)
Fixed assets      
Investments 3 1,821,303    1,821,303 
1,821,303    1,821,303 
Current assets      
Debtors 5,145    3,145 
Cash at bank and in hand 8,929    7,151 
14,074    10,296 
Creditors: amount falling due within one year (1,110,244)   (1,119,549)
Net current assets (1,096,170)   (1,109,253)
 
Total assets less current liabilities 725,133    712,050 
Creditors: amount falling due after more than one year (711,250)   (711,250)
Net assets 13,883    800 
 

Capital and reserves
     
Called up share capital 20    20 
Profit and loss account 13,863    780 
Shareholders' funds 13,883    800 
 


For the year ended 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 31 October 2024 and were signed by:


-------------------------------
Charles Arnold
Director
2
General Information
Silverdale UK Estates Ltd is a private company, limited by shares, registered in England and Wales, registration number 13161458, registration address 2 Claridge Court, Lower Kings Road, Berkhamsted, Berkhamsted, HP4 2AF.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts. Turnover includes revenue earned from the [sale of goods] and from the [rendering of service], the policies adopted are as follows:
  • Rental of property is recognised on an accrual basis in line with the contract in place with the tenant.  
  • Other revenue is recognised when it is received or when the right to receive payment is established.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Current and deferred tax assets and liabilities are not discounted.
Investment properties
Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
2.

Average number of employees and directors

Average number of employees during the year was 1 (2023 : 1).
3.

Investments

Cost Other investments other than loans   Total
  £   £
At 01 February 2023 1,821,303    1,821,303 
Additions  
Transfer to/from tangible fixed assets  
Disposals  
At 31 January 2024 1,821,303    1,821,303 
Investments relate to Properties held by the company for the pruposes of generating rental income and appreciation in value.  The director has used his skill and industry knowledge in deciding not to revalue the properties in the current period. 

4.

Prior Period Adjustment

The prior year was restated to account for the tru investment additions during the period.  This has not affected the reserves of the company. 
3