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REGISTERED NUMBER: 07183394 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

DAVID SILVER HOLDINGS LIMITED

DAVID SILVER HOLDINGS LIMITED (REGISTERED NUMBER: 07183394)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DAVID SILVER HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTOR: D Silver





REGISTERED OFFICE: Unit 14
Masterlord Industrial Estate
Leiston
Suffolk
IP16 4JD





REGISTERED NUMBER: 07183394 (England and Wales)





ACCOUNTANTS: Seago and Stopps
Chartered Certified Accountants
61 Station Road
Sudbury
Suffolk
CO10 2SP

DAVID SILVER HOLDINGS LIMITED (REGISTERED NUMBER: 07183394)

BALANCE SHEET
31 JULY 2024

31.7.23 31.7.24
£    £    Notes £    £   
FIXED ASSETS
1,852 Investments 4 1,852

CURRENT ASSETS
770,113 Debtors 5 796,295
652,177 Investments 6 1,561,001
897,497 Cash at bank 4,320
2,319,787 2,361,616
CREDITORS
129,273 Amounts falling due within one year 7 134,632
2,190,514 NET CURRENT ASSETS 2,226,984
2,192,366 TOTAL ASSETS LESS CURRENT
LIABILITIES

2,228,836

CAPITAL AND RESERVES
1,000 Called up share capital 1,000
2,191,366 Retained earnings 2,227,836
2,192,366 SHAREHOLDERS' FUNDS 2,228,836

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.

DAVID SILVER HOLDINGS LIMITED (REGISTERED NUMBER: 07183394)

BALANCE SHEET - 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 10 April 2025 and were signed by:





D Silver - Director


DAVID SILVER HOLDINGS LIMITED (REGISTERED NUMBER: 07183394)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

David Silver Holdings 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised 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 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.

Financial instruments
The company enters into basic financial instrument transactions, as appropriate and as and when required, that result in the recognition of financial assets and liabilities within the financial statements such as trade and other accounts receivable and payable, bank loans, hire purchase contracts and sums due to and from other group companies.

DAVID SILVER HOLDINGS LIMITED (REGISTERED NUMBER: 07183394)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 August 2023
and 31 July 2024 1,852
NET BOOK VALUE
At 31 July 2024 1,852
At 31 July 2023 1,852

Fixed asset investments are stated at original cost. No revaluation of assets held in foreign currencies is carried out, as it is considered that the movement in value is not material.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Amounts owed by group undertakings 796,295 770,113

6. CURRENT ASSET INVESTMENTS
31.7.24 31.7.23
£    £   
Listed investments 1,561,001 652,177

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Amounts owed to group undertakings 112,735 111,646
Taxation and social security 8,639 6,365
Other creditors 13,258 11,262
134,632 129,273

8. ULTIMATE CONTROLLING PARTY

The company is ultimately controlled by D Silver, director, as he owns 98% of the issued share capital.