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
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
Silver Bullet Trading Limited
Statement of financial position
as at 30 September 2024
Tangible assets
2,048
12,588
Inventories
435,917
722,694
Cash at bank and in hand
34,540
-
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
Net assets
332,416
555,909
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
Silver Bullet Trading Limited
Notes to the Accounts
for the year ended 30 September 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
At 30 September 2024
58,689
43,553
102,242
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
At 30 September 2024
(1)
2,049
2,048
At 30 September 2023
6,580
6,008
12,588
Amounts falling due within one year
Other debtors
12,749
94,052
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
Trade creditors
15,459
103,355
Taxes and social security
(1,413)
8,461
Loans from directors
353
(649)
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
110,784
93,164
8
Average number of employees
During the year the average number of employees was 8 (2023: 12).