1 September 2023 false Taxfiler 2024.6 SC604282business:PrivateLimitedCompanyLtd2023-09-012024-08-31 SC6042822023-08-31 SC6042822023-09-012024-08-31 SC604282business:AuditExemptWithAccountantsReport2023-09-012024-08-31 SC604282business:FilletedAccounts2023-09-012024-08-31 SC6042822024-08-31 SC604282business:Director12023-09-012024-08-31 SC604282business:Director22023-09-012024-08-31 SC604282business:RegisteredOffice2023-09-012024-08-31 SC6042822023-08-31 SC604282core:WithinOneYear2024-08-31 SC604282core:WithinOneYear2023-08-31 SC604282core:AfterOneYear2024-08-31 SC604282core:AfterOneYear2023-08-31 SC604282core:ShareCapitalcore:PreviouslyStatedAmount2024-08-31 SC604282core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 SC604282core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 SC604282core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 SC604282core:PreviouslyStatedAmount2024-08-31 SC604282core:PreviouslyStatedAmount2023-08-31 SC604282business:SmallEntities2023-09-012024-08-31 SC604282countries:Scotland2023-09-012024-08-31 SC604282core:LandBuildings2023-09-012024-08-31 SC604282core:PlantMachinery2023-09-012024-08-31 SC604282core:MotorVehicles2023-09-012024-08-31 SC604282core:ComputerEquipment2023-09-012024-08-31 SC604282core:LandBuildings2023-08-31 SC604282core:PlantMachinery2023-08-31 SC604282core:MotorVehicles2023-08-31 SC604282core:ComputerEquipment2023-08-31 SC604282core:LandBuildings2024-08-31 SC604282core:PlantMachinery2024-08-31 SC604282core:MotorVehicles2024-08-31 SC604282core:ComputerEquipment2024-08-31 SC604282business:OrdinaryShareClass12023-09-012024-08-31 SC604282business:OrdinaryShareClass12022-09-012023-08-31 SC6042822022-09-012023-08-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. SC604282 (Scotland)
Silky Pickle Ltd Unaudited accounts for the year ended 31 August 2024
Silky Pickle Ltd Unaudited accounts Contents
Page
- 2 -
Silky Pickle Ltd Company Information for the year ended 31 August 2024
Directors
MJ Belcher NA Ferguson
Company Number
SC604282 (Scotland)
Registered Office
ALBY'S 8 Portland Place Edinburgh EH6 6LA
Accountants
Added Accounting Ltd 8 Whitehouse Crescent Gorebridge EH23 4FT
- 3 -
Silky Pickle Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
131,911 
146,425 
Current assets
Inventories
26,698 
8,698 
Debtors
42,180 
12,405 
Cash at bank and in hand
47,481 
24,319 
116,359 
45,422 
Creditors: amounts falling due within one year
(196,315)
(131,538)
Net current liabilities
(79,956)
(86,116)
Total assets less current liabilities
51,955 
60,309 
Creditors: amounts falling due after more than one year
(48,105)
(50,709)
Net assets
3,850 
9,600 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
3,848 
9,598 
Shareholders' funds
3,850 
9,600 
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 31 March 2025 and were signed on its behalf by
MJ Belcher Director Company Registration No. SC604282
- 4 -
Silky Pickle Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Silky Pickle Ltd is a private company, limited by shares, registered in Scotland, registration number SC604282. The registered office is ALBY'S, 8 Portland Place, Edinburgh, EH6 6LA.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Land & buildings
No depreciation
Plant & machinery
Straight line between 3 and 5 years
Motor vehicles
Straight line over 5 years
Computer equipment
Straight line over 3 years
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 September 2023
87,520 
94,813 
5,829 
593 
188,755 
Additions
- 
11,159 
- 
- 
11,159 
At 31 August 2024
87,520 
105,972 
5,829 
593 
199,914 
Depreciation
At 1 September 2023
- 
41,608 
607 
115 
42,330 
Charge for the year
- 
24,310 
1,166 
197 
25,673 
At 31 August 2024
- 
65,918 
1,773 
312 
68,003 
Net book value
At 31 August 2024
87,520 
40,054 
4,056 
281 
131,911 
At 31 August 2023
87,520 
53,205 
5,222 
478 
146,425 
- 5 -
Silky Pickle Ltd Notes to the Accounts for the year ended 31 August 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
41,895 
12,405 
Other debtors
285 
- 
42,180 
12,405 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
8,744 
8,671 
VAT
54,603 
16,389 
Obligations under finance leases and hire purchase contracts
3,642 
6,700 
Trade creditors
25,793 
7,758 
Taxes and social security
5,400 
5,236 
Other creditors
5,748 
- 
Loans from directors
91,705 
86,158 
Accruals
680 
626 
196,315 
131,538 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
43,358 
47,902 
Obligations under finance leases and hire purchase contracts
4,747 
2,807 
48,105 
50,709 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
9
Average number of employees
During the year the average number of employees was 14 (2023: 14).
- 6 -