2023-04-012024-03-312024-03-31false07213545SILVER CURVE LIMITED2024-11-2762020iso4217:GBPxbrli:pure072135452023-04-01072135452024-03-31072135452023-04-012024-03-31072135452022-04-01072135452023-03-31072135452022-04-012023-03-3107213545bus:SmallEntities2023-04-012024-03-3107213545bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3107213545bus:AbridgedAccounts2023-04-012024-03-3107213545bus:PrivateLimitedCompanyLtd2023-04-012024-03-3107213545core:WithinOneYear2024-03-3107213545core:AfterOneYear2024-03-3107213545core:WithinOneYear2023-03-3107213545core:AfterOneYear2023-03-3107213545core:ShareCapital2024-03-3107213545core:SharePremium2024-03-3107213545core:RevaluationReserve2024-03-3107213545core:OtherReservesSubtotal2024-03-3107213545core:RetainedEarningsAccumulatedLosses2024-03-3107213545core:ShareCapital2023-03-3107213545core:SharePremium2023-03-3107213545core:RevaluationReserve2023-03-3107213545core:OtherReservesSubtotal2023-03-3107213545core:RetainedEarningsAccumulatedLosses2023-03-3107213545core:LandBuildings2024-03-3107213545core:PlantMachinery2024-03-3107213545core:Vehicles2024-03-3107213545core:FurnitureFittings2024-03-3107213545core:OfficeEquipment2024-03-3107213545core:NetGoodwill2024-03-3107213545core:IntangibleAssetsOtherThanGoodwill2024-03-3107213545core:ListedExchangeTraded2024-03-3107213545core:UnlistedNon-exchangeTraded2024-03-3107213545core:LandBuildings2023-03-3107213545core:PlantMachinery2023-03-3107213545core:Vehicles2023-03-3107213545core:FurnitureFittings2023-03-3107213545core:OfficeEquipment2023-03-3107213545core:NetGoodwill2023-03-3107213545core:IntangibleAssetsOtherThanGoodwill2023-03-3107213545core:ListedExchangeTraded2023-03-3107213545core:UnlistedNon-exchangeTraded2023-03-3107213545core:LandBuildings2023-04-012024-03-3107213545core:PlantMachinery2023-04-012024-03-3107213545core:Vehicles2023-04-012024-03-3107213545core:FurnitureFittings2023-04-012024-03-3107213545core:OfficeEquipment2023-04-012024-03-3107213545core:NetGoodwill2023-04-012024-03-3107213545core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3107213545core:ListedExchangeTraded2023-04-012024-03-3107213545core:UnlistedNon-exchangeTraded2023-04-012024-03-3107213545core:MoreThanFiveYears2023-04-012024-03-3107213545core:Non-currentFinancialInstruments2024-03-3107213545core:Non-currentFinancialInstruments2023-03-3107213545dpl:CostSales2023-04-012024-03-3107213545dpl:DistributionCosts2023-04-012024-03-3107213545core:LandBuildings2023-04-012024-03-3107213545core:PlantMachinery2023-04-012024-03-3107213545core:Vehicles2023-04-012024-03-3107213545core:FurnitureFittings2023-04-012024-03-3107213545core:OfficeEquipment2023-04-012024-03-3107213545dpl:AdministrativeExpenses2023-04-012024-03-3107213545core:NetGoodwill2023-04-012024-03-3107213545core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3107213545dpl:GroupUndertakings2023-04-012024-03-3107213545dpl:ParticipatingInterests2023-04-012024-03-3107213545dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3107213545core:ListedExchangeTraded2023-04-012024-03-3107213545dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3107213545core:UnlistedNon-exchangeTraded2023-04-012024-03-3107213545dpl:CostSales2022-04-012023-03-3107213545dpl:DistributionCosts2022-04-012023-03-3107213545core:LandBuildings2022-04-012023-03-3107213545core:PlantMachinery2022-04-012023-03-3107213545core:Vehicles2022-04-012023-03-3107213545core:FurnitureFittings2022-04-012023-03-3107213545core:OfficeEquipment2022-04-012023-03-3107213545dpl:AdministrativeExpenses2022-04-012023-03-3107213545core:NetGoodwill2022-04-012023-03-3107213545core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3107213545dpl:GroupUndertakings2022-04-012023-03-3107213545dpl:ParticipatingInterests2022-04-012023-03-3107213545dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3107213545core:ListedExchangeTraded2022-04-012023-03-3107213545dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3107213545core:UnlistedNon-exchangeTraded2022-04-012023-03-3107213545core:NetGoodwill2024-03-3107213545core:IntangibleAssetsOtherThanGoodwill2024-03-3107213545core:LandBuildings2024-03-3107213545core:PlantMachinery2024-03-3107213545core:Vehicles2024-03-3107213545core:FurnitureFittings2024-03-3107213545core:OfficeEquipment2024-03-3107213545core:AfterOneYear2024-03-3107213545core:WithinOneYear2024-03-3107213545core:ListedExchangeTraded2024-03-3107213545core:UnlistedNon-exchangeTraded2024-03-3107213545core:ShareCapital2024-03-3107213545core:SharePremium2024-03-3107213545core:RevaluationReserve2024-03-3107213545core:OtherReservesSubtotal2024-03-3107213545core:RetainedEarningsAccumulatedLosses2024-03-3107213545core:NetGoodwill2023-03-3107213545core:IntangibleAssetsOtherThanGoodwill2023-03-3107213545core:LandBuildings2023-03-3107213545core:PlantMachinery2023-03-3107213545core:Vehicles2023-03-3107213545core:FurnitureFittings2023-03-3107213545core:OfficeEquipment2023-03-3107213545core:AfterOneYear2023-03-3107213545core:WithinOneYear2023-03-3107213545core:L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SILVER CURVE LIMITED

Registered Number
07213545
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

SILVER CURVE LIMITED
Company Information
for the year from 1 April 2023 to 31 March 2024

Directors

CROTAZ, Barry Leonard
CROTAZ, Bryan

Registered Address

18 Boxgrove Road
Guildford
GU1 2NF

Registered Number

07213545 (England and Wales)
SILVER CURVE LIMITED
Balance Sheet as at
31 March 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Intangible assets3632,781500,000
Tangible assets4104188
632,885500,188
Current assets
Debtors547,53022,106
47,53022,106
Creditors amounts falling due within one year6(178,190)(98,544)
Net current assets (liabilities)(130,660)(76,438)
Total assets less current liabilities502,225423,750
Creditors amounts falling due after one year7(34,869)-
Provisions for liabilities(85,854)(85,838)
Net assets381,502337,912
Capital and reserves
Called up share capital1,3141,314
Share premium664,087664,087
Profit and loss account(283,899)(327,489)
Shareholders' funds381,502337,912
The financial statements were approved and authorised for issue by the Board of Directors on 27 November 2024, and are signed on its behalf by:
CROTAZ, Barry Leonard
Director
Registered Company No. 07213545
SILVER CURVE LIMITED
Notes to the Financial Statements
for the year ended 31 March 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard. The financial statements have been prepared on the going concern basis, which the directors consider to be appropriate, as they have agreed not to withdraw their loan accounts and to provide the necessary finance to enable the company to meet its liabilities as they fall due.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover represents sales of licenced software systems together with the provision of advisory and support services in the application of digital media performed during the year.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Intangible assets
The value of intangible assets represents the expenditure by the company on licensable software systems, less historic accumulated amortisation and adjusted to reflect, in the opinion of the directors, their future realisable value. The directors took the decision to freeze the valuation of intangible assets at £500,000 in the financial year ending 31 March 2021. On reviewing this in the financial year ending 31 March 2022 and 31 Mar 2023 the directors decided to halt amortisation on intangible assets and thereby maintain the said freeze. In the current year these assets were revalued to reflect, in the opinion of the directors, their future realisable value bringing the total to a book value of £632,781.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows: Office Equipment 33.33% on cost
2.Average number of employees

20242023
Average number of employees during the year11
3.Intangible assets

Total

£
Cost or valuation
At 01 April 23874,648
Revaluations132,781
At 31 March 241,007,429
Amortisation and impairment
At 01 April 23374,648
At 31 March 24374,648
Net book value
At 31 March 24632,781
At 31 March 23500,000
4.Tangible fixed assets

Total

£
Cost or valuation
At 01 April 2323,424
At 31 March 2423,424
Depreciation and impairment
At 01 April 2323,236
Charge for year84
At 31 March 2423,320
Net book value
At 31 March 24104
At 31 March 23188
5.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables47,25522,024
Other debtors275-
Prepayments and accrued income-82
Total47,53022,106
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
6.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables60,6424,897
Bank borrowings and overdrafts14,976223
Taxation and social security5,6854,760
Other creditors96,88788,664
Total178,19098,544
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
7.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts34,869-
Total34,869-