Silverfin false false 31/08/2024 01/09/2023 31/08/2024 Mrs M Wemms 04/08/2011 M G Wemms 04/08/2011 19 March 2025 The principal activity of the Company during the financial year was that of management of real estate on a fee or contract basis. 07729919 2024-08-31 07729919 bus:Director1 2024-08-31 07729919 bus:Director2 2024-08-31 07729919 2023-08-31 07729919 core:CurrentFinancialInstruments 2024-08-31 07729919 core:CurrentFinancialInstruments 2023-08-31 07729919 core:ShareCapital 2024-08-31 07729919 core:ShareCapital 2023-08-31 07729919 core:RetainedEarningsAccumulatedLosses 2024-08-31 07729919 core:RetainedEarningsAccumulatedLosses 2023-08-31 07729919 core:Goodwill 2023-08-31 07729919 core:Goodwill 2024-08-31 07729919 core:FurnitureFittings 2023-08-31 07729919 core:FurnitureFittings 2024-08-31 07729919 2023-09-01 2024-08-31 07729919 bus:FilletedAccounts 2023-09-01 2024-08-31 07729919 bus:SmallEntities 2023-09-01 2024-08-31 07729919 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 07729919 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 07729919 bus:Director1 2023-09-01 2024-08-31 07729919 bus:Director2 2023-09-01 2024-08-31 07729919 core:Goodwill core:TopRangeValue 2023-09-01 2024-08-31 07729919 core:FurnitureFittings core:TopRangeValue 2023-09-01 2024-08-31 07729919 2022-09-01 2023-08-31 07729919 core:FurnitureFittings 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure

Company No: 07729919 (England and Wales)

604 LIMITED

Unaudited Financial Statements
For the financial year ended 31 August 2024
Pages for filing with the registrar

604 LIMITED

Unaudited Financial Statements

For the financial year ended 31 August 2024

Contents

604 LIMITED

BALANCE SHEET

As at 31 August 2024
604 LIMITED

BALANCE SHEET (continued)

As at 31 August 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 4 0 1,114
0 1,114
Current assets
Debtors 5 444 50
Cash at bank and in hand 3,471 6,129
3,915 6,179
Creditors: amounts falling due within one year 6 ( 207,920) ( 207,859)
Net current liabilities (204,005) (201,680)
Total assets less current liabilities (204,005) (200,566)
Net liabilities ( 204,005) ( 200,566)
Capital and reserves
Called-up share capital 1 1
Profit and loss account ( 204,006 ) ( 200,567 )
Total shareholders' deficit ( 204,005) ( 200,566)

For the financial year ending 31 August 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of 604 Limited (registered number: 07729919) were approved and authorised for issue by the Board of Directors on 19 March 2025. They were signed on its behalf by:

M G Wemms
Director
604 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 August 2024
604 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 August 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

604 Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW, United Kingdom. The principal place of business is 55 Canford Cliffs Road, Poole, Dorset, BH13 7AQ.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Revenue from rental income is recognised on receipt.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill 5 years straight line
Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Fixtures and fittings 3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

3. Intangible assets

Goodwill Total
£ £
Cost
At 01 September 2023 27,600 27,600
At 31 August 2024 27,600 27,600
Accumulated amortisation
At 01 September 2023 27,600 27,600
At 31 August 2024 27,600 27,600
Net book value
At 31 August 2024 0 0
At 31 August 2023 0 0

4. Tangible assets

Fixtures and fittings Total
£ £
Cost
At 01 September 2023 35,386 35,386
At 31 August 2024 35,386 35,386
Accumulated depreciation
At 01 September 2023 34,272 34,272
Charge for the financial year 1,114 1,114
At 31 August 2024 35,386 35,386
Net book value
At 31 August 2024 0 0
At 31 August 2023 1,114 1,114

5. Debtors

2024 2023
£ £
Prepayments 444 50

6. Creditors: amounts falling due within one year

2024 2023
£ £
Amounts owed to directors 205,094 205,094
Accruals 2,400 2,340
Other creditors 426 425
207,920 207,859

7. Related party transactions

Other related party transactions

The company's rental properties are owned personally by one of the directors, M G Wemms. the company pays rent of £27,600 (2023 - £27,600) at market value for use of these properties for rental purposes.