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REGISTERED NUMBER: 05412327 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

SILVICULTURAL SYSTEMS LIMITED

SILVICULTURAL SYSTEMS LIMITED (REGISTERED NUMBER: 05412327)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SILVICULTURAL SYSTEMS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: J T Fulcher





REGISTERED OFFICE: 61 Station Road
Sudbury
Suffolk
CO10 2SP





REGISTERED NUMBER: 05412327 (England and Wales)





ACCOUNTANTS: Seago and Stopps
Chartered Certified Accountants
61 Station Road
Sudbury
Suffolk
CO10 2SP

SILVICULTURAL SYSTEMS LIMITED (REGISTERED NUMBER: 05412327)

BALANCE SHEET
30 APRIL 2024

30.4.23 30.4.24
£    £    Notes £    £   
FIXED ASSETS
3,000 Intangible assets 4 1,500
58,528 Tangible assets 5 45,970
61,528 47,470

CURRENT ASSETS
107,874 Debtors 6 133,096
139,598 Cash at bank 160,724
247,472 293,820
CREDITORS
53,206 Amounts falling due within one year 7 75,920
194,266 NET CURRENT ASSETS 217,900
255,794 TOTAL ASSETS LESS CURRENT
LIABILITIES

265,370

CREDITORS
(23,466 ) Amounts falling due after more than one
year

8

-

(11,120 ) PROVISIONS FOR LIABILITIES (10,435 )
221,208 NET ASSETS 254,935

CAPITAL AND RESERVES
100 Called up share capital 100
221,108 Retained earnings 254,835
221,208 SHAREHOLDERS' FUNDS 254,935

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

SILVICULTURAL SYSTEMS LIMITED (REGISTERED NUMBER: 05412327)

BALANCE SHEET - continued
30 APRIL 2024


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 7 November 2024 and were signed by:





J T Fulcher - Director


SILVICULTURAL SYSTEMS LIMITED (REGISTERED NUMBER: 05412327)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Silvicultural Systems 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Intangible assets - goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Shepherds hut - 5% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 33% on cost
Motor vehicles - 25% on reducing balance

Financial instruments
The company enters into basic financial instrument transactions, as appropriate and as and when required, that result in the recognition of financial assets and liabilities within the financial statements such as trade and other accounts receivable and payable, bank loans and hire purchase and lease contracts.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

SILVICULTURAL SYSTEMS LIMITED (REGISTERED NUMBER: 05412327)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

2. ACCOUNTING POLICIES - continued

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and 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.

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 2 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 30,000
AMORTISATION
At 1 May 2023 27,000
Charge for year 1,500
At 30 April 2024 28,500
NET BOOK VALUE
At 30 April 2024 1,500
At 30 April 2023 3,000

SILVICULTURAL SYSTEMS LIMITED (REGISTERED NUMBER: 05412327)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

5. TANGIBLE FIXED ASSETS
Fixtures
Shepherds Plant and and Motor
Totals hut machinery fittings vehicles
£    £    £    £    £   
COST
At 1 May 2023 108,944 19,230 18,821 5,017 65,876
Additions 165 - 165 - -
At 30 April 2024 109,109 19,230 18,986 5,017 65,876
DEPRECIATION
At 1 May 2023 50,416 3,844 12,711 3,235 30,626
Charge for year 12,723 961 1,572 1,378 8,812
At 30 April 2024 63,139 4,805 14,283 4,613 39,438
NET BOOK VALUE
At 30 April 2024 45,970 14,425 4,703 404 26,438
At 30 April 2023 58,528 15,386 6,110 1,782 35,250

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 127,976 103,472
Other debtors 5,120 4,402
133,096 107,874

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 23,223 9,676
Taxation and social security 50,728 37,326
Other creditors 1,969 6,204
75,920 53,206

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans - 23,466