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REGISTERED NUMBER: 09417432 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Silver Fern Associates Limited

Silver Fern Associates Limited (Registered number: 09417432)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Silver Fern Associates Limited

Company Information
for the Year Ended 29 February 2024







DIRECTOR: S Nelmes





REGISTERED OFFICE: 2 2 Hansam Way
Pease Pottage
West Sussex
RH11 9GQ





REGISTERED NUMBER: 09417432 (England and Wales)






Silver Fern Associates Limited (Registered number: 09417432)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 39,536 11,359

CURRENT ASSETS
Cash at bank and in hand 1,162 181

CREDITORS
Amounts falling due within one year 5 8,666 10,854
NET CURRENT LIABILITIES (7,504 ) (10,673 )
TOTAL ASSETS LESS CURRENT LIABILITIES 32,032 686

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 31,932 586
SHAREHOLDERS' FUNDS 32,032 686

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 20 November 2024 and were signed by:





S Nelmes - Director


Silver Fern Associates Limited (Registered number: 09417432)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Silver Fern Associates Limited 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 - 15% on cost
Computer equipment - 15% on cost

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 March 2023 10,674 33,100 43,774
Additions - 35,585 35,585
At 29 February 2024 10,674 68,685 79,359
DEPRECIATION
At 1 March 2023 10,135 22,280 32,415
Charge for year 539 6,869 7,408
At 29 February 2024 10,674 29,149 39,823
NET BOOK VALUE
At 29 February 2024 - 39,536 39,536
At 28 February 2023 539 10,820 11,359

Silver Fern Associates Limited (Registered number: 09417432)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Tax 977 1,675
VAT 4,010 -
Directors' current accounts 2,290 7,790
Accrued expenses 1,389 1,389
8,666 10,854