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REGISTERED NUMBER: 09089342 (England and Wales)










Unaudited Financial Statements

for the Year Ended 30 June 2024

for

Silver Forest Partnership Ltd

Silver Forest Partnership Ltd (Registered number: 09089342)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Silver Forest Partnership Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTOR: J S Hawes





REGISTERED OFFICE: Thatcher House
12 Mount Ephraim
Tunbridge Wells
Kent
TN4 8AS





REGISTERED NUMBER: 09089342 (England and Wales)





ACCOUNTANTS: Ward Mackenzie Ltd
Thatcher House
12 Mount Ephraim
Tunbridge Wells
Kent
TN4 8AS

Silver Forest Partnership Ltd (Registered number: 09089342)

Balance Sheet
30 June 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 333 444

CURRENT ASSETS
Debtors 5 8,507 11,497
Cash at bank 2,746 1,394
11,253 12,891
CREDITORS
Amounts falling due within one year 6 (11,271 ) (13,186 )
NET CURRENT LIABILITIES (18 ) (295 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

315

149

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 7 313 147
SHAREHOLDERS' FUNDS 315 149

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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 28 March 2025 and were signed by:



J S Hawes - Director


Silver Forest Partnership Ltd (Registered number: 09089342)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Silver Forest Partnership Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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
Computer equipment - 25% on reducing balance

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

DEFERRED TAX
Deferred tax is not recognised in respect of all timing differences that have originated but not reversed at the balance sheet date which are considered immaterial.

TURNOVER
Turnover represents net invoiced sales of services, excluding value added tax.

3. EMPLOYEES AND DIRECTORS

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

Silver Forest Partnership Ltd (Registered number: 09089342)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 July 2023
and 30 June 2024 2,656 816 3,472
DEPRECIATION
At 1 July 2023 2,457 571 3,028
Charge for year 50 61 111
At 30 June 2024 2,507 632 3,139
NET BOOK VALUE
At 30 June 2024 149 184 333
At 30 June 2023 199 245 444

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 120
Other debtors 1 1
S455 Tax - 3,449
Director's current account 8,506 7,927
8,507 11,497

The directors consider the carrying value of trade and other receivables approximate to their fair values.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Corporation tax 6,956 11,518
Social security and other tax (582 ) 1
VAT 3,168 44
Other creditors-credit card 14 14
Accrued expenses 1,715 1,609
11,271 13,186

The directors consider the carrying amounts of current liabilities approximate to their fair values.

Silver Forest Partnership Ltd (Registered number: 09089342)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

7. RESERVES
Retained
earnings
£   

At 1 July 2023 147
Profit for the year 24,366
Dividends (24,200 )
At 30 June 2024 313

The Profit and loss account comprises all current and prior period retained profit and losses after deducting any distributions made to the company's shareholders. This is a distributable reserve.

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2024 and 30 June 2023:

2024 2023
£    £   
J S Hawes
Balance outstanding at start of year 7,928 10,219
Amounts advanced 42,639 41,265
Amounts repaid (42,061 ) (43,556 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 8,506 7,928

9. ULTIMATE CONTROLLING PARTY

The controlling party is J S Hawes.