Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31false2023-04-01Sound recording and music publishing11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12405495 2023-04-01 2024-03-31 12405495 2022-04-01 2023-03-31 12405495 2024-03-31 12405495 2023-03-31 12405495 2022-04-01 12405495 c:Director1 2023-04-01 2024-03-31 12405495 c:RegisteredOffice 2023-04-01 2024-03-31 12405495 d:OfficeEquipment 2023-04-01 2024-03-31 12405495 d:OfficeEquipment 2024-03-31 12405495 d:OfficeEquipment 2023-03-31 12405495 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 12405495 d:CurrentFinancialInstruments 2024-03-31 12405495 d:CurrentFinancialInstruments 2023-03-31 12405495 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 12405495 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 12405495 d:ShareCapital 2024-03-31 12405495 d:ShareCapital 2023-03-31 12405495 d:ShareCapital 2022-04-01 12405495 d:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 12405495 d:RetainedEarningsAccumulatedLosses 2024-03-31 12405495 d:RetainedEarningsAccumulatedLosses 2022-04-01 2023-03-31 12405495 d:RetainedEarningsAccumulatedLosses 2023-03-31 12405495 d:RetainedEarningsAccumulatedLosses 2022-04-01 12405495 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2024-03-31 12405495 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-03-31 12405495 c:OrdinaryShareClass1 2023-04-01 2024-03-31 12405495 c:OrdinaryShareClass1 2024-03-31 12405495 c:OrdinaryShareClass1 2023-03-31 12405495 c:OrdinaryShareClass2 2023-04-01 2024-03-31 12405495 c:OrdinaryShareClass2 2024-03-31 12405495 c:OrdinaryShareClass2 2023-03-31 12405495 c:FRS102 2023-04-01 2024-03-31 12405495 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 12405495 c:FullAccounts 2023-04-01 2024-03-31 12405495 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 12405495 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 12405495









SILENT KNIGHTS LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
SILENT KNIGHTS LTD
 
 
COMPANY INFORMATION


Director
M Dowling 




Registered number
12405495



Registered office
Eighth Floor
6 New Street Square

New Fetter Lane

London

United Kingdom

EC4A 3AQ




Accountants
Rawlinson & Hunter LLP
Chartered Accountants

Eighth Floor

6 New Street Square

New Fetter Lane

London

EC4A 3AQ





 
SILENT KNIGHTS LTD
 

CONTENTS



Page
Balance Sheet
 
1 - 2
Statement of Changes in Equity
 
3
Notes to the Financial Statements
 
4 - 7


 
SILENT KNIGHTS LTD
REGISTERED NUMBER: 12405495

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
                                                                       Note
£
£

Fixed assets
  

Tangible assets
 4 
126
158

  
126
158

Current assets
  

Debtors: amounts falling due within one year
 5 
43,052
22,540

Cash at bank and in hand
 6 
74,790
55,511

  
117,842
78,051

Creditors: amounts falling due within one year
 7 
(76,232)
(51,895)

Net current assets
  
 
 
41,610
 
 
26,156

Total assets less current liabilities
  
41,736
26,314

  

Net assets
  
41,736
26,314


Capital and reserves
  

Called up share capital 
 9 
100
100

Profit and loss account
  
41,636
26,214

  
41,736
26,314


Page 1

 
SILENT KNIGHTS LTD
REGISTERED NUMBER: 12405495
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




M Dowling
Director

Date: 29 November 2024

The notes on pages 4 to 7 form part of these financial statements.

Page 2

 
SILENT KNIGHTS LTD
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2024


Called up share capital
Profit and loss account
Total equity

£
£
£


At 1 April 2022
100
21,135
21,235


Comprehensive income for the year

Profit for the year

-
166,453
166,453

Dividends: Equity capital
-
(161,374)
(161,374)



At 1 April 2023
100
26,214
26,314


Comprehensive income for the year

Profit for the year

-
177,723
177,723


Contributions by and distributions to owners

Dividends: Equity capital
-
(162,301)
(162,301)


At 31 March 2024
100
41,636
41,736


The notes on pages 4 to 7 form part of these financial statements.

Page 3

 
SILENT KNIGHTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Silent Knights Ltd is a private company, limited by shares, incorporated in England and Wales with registration number 12405495.  The registered office address is Eighth Floor, 6 New Street Square, London, England, EC4A 3AQ.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is comprised of music marketing and distribution income. Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
20%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 4

 
SILENT KNIGHTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
 
 
2.8

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 5

 
SILENT KNIGHTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 April 2023
310



At 31 March 2024

310



Depreciation


At 1 April 2023
152


Charge for the year on owned assets
32



At 31 March 2024

184



Net book value



At 31 March 2024
126



At 31 March 2023
158


5.


Debtors

2024
2023
£
£


Trade debtors
22,796
22,540

Prepayments and accrued income
20,256
-



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
74,790
55,511


Page 6

 
SILENT KNIGHTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
1,928
1,754

Corporation tax
60,204
39,358

Other taxation and social security
8,361
7,611

Other creditors
1,576
22

Accruals and deferred income
4,163
3,150

76,232
51,895



8.


Financial instruments

2024
2023
£
£

Financial assets


Financial assets measured at fair value through profit or loss
74,790
55,511




Financial assets measured at fair value through profit or loss comprise cash at bank and in hand.

9.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



90 (2023 - 90) Ordinary shares of £1 each
90
90
10 (2023 - 10) A Ordinary shares of £1 each
10
10

100

100

Ordinary shares and A Ordinary shares rank equally.



10.


Controlling party

The majority shareholder is Miniature Investment Ltd, a company registered in England and Wales.

 
Page 7