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Company Registration No. 07767615 (England and Wales)
Silver Bullet Trading Limited Unaudited accounts for the year ended 30 September 2024
Silver Bullet Trading Limited Unaudited accounts Contents
Page
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Silver Bullet Trading Limited Company Information for the year ended 30 September 2024
Director
Mark Anthony Potter
Company Number
07767615 (England and Wales)
Registered Office
UNIT 13 OAKWOOD CLOSE ROUNDSWELL BUSINESS PARK BARNSTAPLE DEVON EX31 3NJ ENGLAND
Accountants
North Devon Accounts 4 Cross Tree Centre Caen Street Braunton Devon EX33 1AA
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Silver Bullet Trading Limited Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,048 
12,588 
Current assets
Inventories
435,917 
722,694 
Debtors
12,749 
94,052 
Cash at bank and in hand
34,540 
- 
483,206 
816,746 
Creditors: amounts falling due within one year
(40,164)
(176,429)
Net current assets
443,042 
640,317 
Total assets less current liabilities
445,090 
652,905 
Creditors: amounts falling due after more than one year
(112,284)
(94,604)
Provisions for liabilities
Deferred tax
(390)
(2,392)
Net assets
332,416 
555,909 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
332,316 
555,809 
Shareholders' funds
332,416 
555,909 
For the year ending 30 September 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 director acknowledges his 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 and authorised for issue on 2 January 2025 and were signed on its behalf by
Mark Anthony Potter Director Company Registration No. 07767615
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Silver Bullet Trading Limited Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
Silver Bullet Trading Limited is a private company, limited by shares, registered in England and Wales, registration number 07767615. The registered office is UNIT 13 OAKWOOD CLOSE, ROUNDSWELL BUSINESS PARK, BARNSTAPLE, DEVON, EX31 3NJ, ENGLAND.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
4 years straight line
Fixtures & fittings
4 years straight line
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2023
58,689 
42,824 
101,513 
Additions
- 
729 
729 
At 30 September 2024
58,689 
43,553 
102,242 
Depreciation
At 1 October 2023
52,109 
36,816 
88,925 
Charge for the year
6,581 
4,688 
11,269 
At 30 September 2024
58,690 
41,504 
100,194 
Net book value
At 30 September 2024
(1)
2,049 
2,048 
At 30 September 2023
6,580 
6,008 
12,588 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
12,749 
94,052 
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Silver Bullet Trading Limited Notes to the Accounts for the year ended 30 September 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
28,932 
VAT
25,765 
36,135 
Trade creditors
15,459 
103,355 
Taxes and social security
(1,413)
8,461 
Other creditors
- 
195 
Loans from directors
353 
(649)
40,164 
176,429 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
110,784 
93,164 
Accruals
1,500 
1,440 
112,284 
94,604 
8
Average number of employees
During the year the average number of employees was 8 (2023: 12).
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