IRIS Accounts Production v24.3.2.46 SC743475 director 1.10.23 30.9.24 30.9.24 0 0 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC7434752023-09-30SC7434752024-09-30SC7434752023-10-012024-09-30SC7434752022-09-04SC7434752022-09-052023-09-30SC7434752023-09-30SC743475ns15:Scotland2023-10-012024-09-30SC743475ns14:PoundSterling2023-10-012024-09-30SC743475ns10:Director12023-10-012024-09-30SC743475ns10:PrivateLimitedCompanyLtd2023-10-012024-09-30SC743475ns10:SmallEntities2023-10-012024-09-30SC743475ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-30SC743475ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-30SC743475ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-30SC743475ns10:FullAccounts2023-10-012024-09-30SC743475ns10:OrdinaryShareClass12023-10-012024-09-30SC743475ns10:RegisteredOffice2023-10-012024-09-30SC743475ns5:CurrentFinancialInstruments2024-09-30SC743475ns5:CurrentFinancialInstruments2023-09-30SC743475ns5:ShareCapital2024-09-30SC743475ns5:ShareCapital2023-09-30SC743475ns5:RetainedEarningsAccumulatedLosses2024-09-30SC743475ns5:RetainedEarningsAccumulatedLosses2023-09-30SC743475ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-30SC743475ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-30SC743475ns10:OrdinaryShareClass12024-09-30SC743475ns5:RetainedEarningsAccumulatedLosses2023-09-30SC743475ns5:RetainedEarningsAccumulatedLosses2023-10-012024-09-30
REGISTERED NUMBER: SC743475 (Scotland)













Unaudited Financial Statements

for the Year Ended 30 September 2024

for

Silver And Bone Ltd

Silver And Bone Ltd (Registered number: SC743475)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Silver And Bone Ltd

Company Information
for the Year Ended 30 September 2024







DIRECTOR: R M Sherval





REGISTERED OFFICE: 6 Logie Mill
Edinburgh
Lothian
EH7 4HG





REGISTERED NUMBER: SC743475 (Scotland)





ACCOUNTANTS: A H & Co Ltd
Chartered Accountants
6 Logie Mill
Edinburgh
Lothian
EH7 4HG

Silver And Bone Ltd (Registered number: SC743475)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £   
CURRENT ASSETS
Debtors 4 23,238 24,950
Cash at bank 13,046 8,915
36,284 33,865
CREDITORS
Amounts falling due within one year 5 16,129 25,832
NET CURRENT ASSETS 20,155 8,033
TOTAL ASSETS LESS CURRENT
LIABILITIES

20,155

8,033

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 7 20,055 7,933
SHAREHOLDERS' FUNDS 20,155 8,033

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 April 2025 and were signed by:





R M Sherval - Director


Silver And Bone Ltd (Registered number: SC743475)

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

1. STATUTORY INFORMATION

Silver And Bone Ltd is a private company, limited by shares , registered in Scotland. 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 stated net of trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the balance sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the balance sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

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.

Provisions
Provisions are recognised when the company has a present obligation (legal or constructive) as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the balance sheet date, taking into account the risks and uncertainties surrounding the obligation.

Exemption from preparing a cash flow statement
Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a small company.

3. EMPLOYEES AND DIRECTORS

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

Silver And Bone Ltd (Registered number: SC743475)

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 688 -
Other debtors 22,550 24,950
23,238 24,950

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Taxation and social security 2,844 1,866
Other creditors 13,285 23,966
16,129 25,832

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
100 Ordinary £1 100 100

7. RESERVES
Retained
earnings
£   

At 1 October 2023 7,933
Profit for the year 12,122
At 30 September 2024 20,055

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

As at 30 September 2024, the company owed the director £330 (2023: £10,048)

9. RELATED PARTY DISCLOSURES

There were no related party transactions in the year.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is R M Sherval.