Silverfin false true 30/04/2024 01/05/2023 30/04/2024 Richard John Bland 20/12/2021 25 November 2024 During the year, the company was dormant. 08514821 2024-04-30 08514821 bus:Director1 2024-04-30 08514821 core:CurrentFinancialInstruments 2024-04-30 08514821 core:CurrentFinancialInstruments 2023-04-30 08514821 2023-04-30 08514821 core:ShareCapital 2024-04-30 08514821 core:ShareCapital 2023-04-30 08514821 bus:OrdinaryShareClass1 2024-04-30 08514821 2023-05-01 2024-04-30 08514821 bus:FilletedAccounts 2023-05-01 2024-04-30 08514821 bus:SmallEntities 2023-05-01 2024-04-30 08514821 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 08514821 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 08514821 bus:Director1 2023-05-01 2024-04-30 08514821 2022-05-01 2023-04-30 08514821 bus:OrdinaryShareClass1 2023-05-01 2024-04-30 08514821 bus:OrdinaryShareClass1 2022-05-01 2023-04-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 08514821 (England and Wales)

SILICONE COMPOSITES LIMITED

Unaudited Financial Statements
For the financial year ended 30 April 2024
Pages for filing with the registrar

SILICONE COMPOSITES LIMITED

Unaudited Financial Statements

For the financial year ended 30 April 2024

Contents

SILICONE COMPOSITES LIMITED

STATEMENT OF FINANCIAL POSITION

As at 30 April 2024
SILICONE COMPOSITES LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

As at 30 April 2024
Note 2024 2023
£ £
Current assets
Debtors 3 100 100
100 100
Net current assets 100 100
Total assets less current liabilities 100 100
Net assets 100 100
Capital and reserves
Called-up share capital 4 100 100
Total shareholder's funds 100 100

Silicone Composites Limited (registered number: 08514821) did not trade during the current or preceding financial year and has made neither profit nor loss, nor any other comprehensive income. There have been no movements in shareholders’ funds during the current or preceding financial year and therefore no Statement of Changes of Equity has been included. For the financial year ending 30 April 2024 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The financial statements of Silicone Composites Limited (registered number: 08514821) were approved and authorised for issue by the Director on 25 November 2024. They were signed on its behalf by:

Richard John Bland
Director
SILICONE COMPOSITES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 2024
SILICONE COMPOSITES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Silicone Composites Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Unit 1f Long Acre, Saltash, PL12 6LZ, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Debtors

2024 2023
£ £
Amounts owed by Group undertakings 100 100

4. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each 100 100

5. Related party transactions

At 30 April 2024, £100 was due from group companies (2023: £100).

6. Ultimate controlling party

Parent Company:

Composite Integration Limited
Unit 1f Long Acre, Saltash, England, PL12 6LZ.