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Company Registration No. 04378130 (England and Wales)
Silverthorn Installation Services Ltd Unaudited accounts for the year ended 31 March 2024
Silverthorn Installation Services Ltd Unaudited accounts Contents
Page
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Silverthorn Installation Services Ltd Company Information for the year ended 31 March 2024
Directors
Julian Horton Lee Davidge
Company Number
04378130 (England and Wales)
Registered Office
STUDIO 12 11 MAIN DRIVE EAST LANE BUSINESS PARK EAST LANE NORTH WEMBLEY HA9 7RG
Accountants
Scribes Accountancy Limited 98 Northwood Rd Harefield Middlesex UB9 6PS
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Silverthorn Installation Services Ltd Accountants' report
Accountants' report to the board of directors of Silverthorn Installation Services Ltd (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 March 2024.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 31 March 2024. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Scribes Accountancy Limited 98 Northwood Rd Harefield Middlesex UB9 6PS 15 October 2024
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Silverthorn Installation Services Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
216,779 
215,377 
Cash at bank and in hand
447,964 
432,625 
664,743 
648,002 
Creditors: amounts falling due within one year
(139,896)
(132,534)
Net current assets
524,847 
515,468 
Net assets
524,847 
515,468 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
524,747 
515,368 
Shareholders' funds
524,847 
515,468 
For the year ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 15 October 2024 and were signed on its behalf by
Julian Horton Director Company Registration No. 04378130
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Silverthorn Installation Services Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Silverthorn Installation Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 04378130. The registered office is STUDIO 12 11 MAIN DRIVE, EAST LANE BUSINESS PARK, EAST LANE NORTH WEMBLEY, HA9 7RG.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation is provided to write off assets over there economic life.
Plant & machinery
20% Straight Line Basis
Motor vehicles
20% Straight Line Basis
Computer equipment
20% Straight Line Basis
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
4,938 
39,645 
3,665 
48,248 
Disposals
- 
(19,208)
- 
(19,208)
At 31 March 2024
4,938 
20,437 
3,665 
29,040 
Depreciation
At 1 April 2023
4,938 
39,645 
3,665 
48,248 
On disposals
- 
(19,208)
- 
(19,208)
At 31 March 2024
4,938 
20,437 
3,665 
29,040 
Net book value
At 31 March 2024
- 
- 
- 
- 
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Silverthorn Installation Services Ltd Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
210,430 
208,780 
Accrued income and prepayments
6,349 
7,398 
Other debtors
- 
(801)
216,779 
215,377 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
8,387 
36,832 
Trade creditors
83,858 
56,388 
Taxes and social security
45,037 
45,122 
Other creditors
- 
66 
Loans from directors
2,614 
(5,874)
139,896 
132,534 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 2 (2023: 3).
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