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REGISTERED NUMBER: 05503920 (England and Wales)












Unaudited Financial Statements for the Year Ended 31 July 2024

for

Silverlined Investments Limited

Silverlined Investments Limited (Registered number: 05503920)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Silverlined Investments Limited

Company Information
for the Year Ended 31 July 2024







DIRECTOR: P A Elliott





REGISTERED OFFICE: 6 Woodward Way
Swadlincote
Derbyshire
DE11 8EP





REGISTERED NUMBER: 05503920 (England and Wales)





ACCOUNTANTS: The Profit Key Limited
Prince William House
10 Lower Church Street
Ashby de la Zouch
Leicestershire
LE65 1AB

Silverlined Investments Limited (Registered number: 05503920)

Statement of Financial Position
31 July 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 24 32
Investment property 5 345,517 345,517
345,541 345,549

CURRENT ASSETS
Debtors 6 16,699 36,553
Cash at bank 2,528 1,261
19,227 37,814
CREDITORS
Amounts falling due within one year 7 83,908 84,229
NET CURRENT LIABILITIES (64,681 ) (46,415 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

280,860

299,134

CREDITORS
Amounts falling due after more than one
year

8

(292,994

)

(292,994

)

PROVISIONS FOR LIABILITIES (5 ) (6 )
NET (LIABILITIES)/ASSETS (12,139 ) 6,134

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings (12,239 ) 6,034
SHAREHOLDERS' FUNDS (12,139 ) 6,134

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

Silverlined Investments Limited (Registered number: 05503920)

Statement of Financial Position - continued
31 July 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 23 January 2025 and were signed by:





P A Elliott - Director


Silverlined Investments Limited (Registered number: 05503920)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Silverlined Investments 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.

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
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance

Investment property
Investment property is shown at cost.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Silverlined Investments Limited (Registered number: 05503920)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 August 2023
and 31 July 2024 9,371
DEPRECIATION
At 1 August 2023 9,339
Charge for year 8
At 31 July 2024 9,347
NET BOOK VALUE
At 31 July 2024 24
At 31 July 2023 32

5. INVESTMENT PROPERTY
Total
£   
COST
At 1 August 2023
and 31 July 2024 345,517
NET BOOK VALUE
At 31 July 2024 345,517
At 31 July 2023 345,517

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 30 278
Directors' current accounts 8,684 25,930
Tax 7,985 10,345
16,699 36,553

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax - 1,522
Other creditors 82,265 79,659
Accrued expenses 1,643 3,048
83,908 84,229

Silverlined Investments Limited (Registered number: 05503920)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans more 5 yr by instal 292,994 292,994

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 292,994 292,994

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 292,994 292,994

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2024 and 31 July 2023:

2024 2023
£    £   
P A Elliott
Balance outstanding at start of year 25,930 30,843
Amounts advanced 18,418 7,066
Amounts repaid (35,664 ) (11,979 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 8,684 25,930