Caseware UK (AP4) 2024.0.164 2024.0.164 2024-07-312024-07-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.22023-08-01falseNo description of principal activity2truetruefalse 10876685 2023-08-01 2024-07-31 10876685 2022-08-01 2023-07-31 10876685 2024-07-31 10876685 2023-07-31 10876685 c:Director2 2023-08-01 2024-07-31 10876685 d:OfficeEquipment 2023-08-01 2024-07-31 10876685 d:OfficeEquipment 2024-07-31 10876685 d:OfficeEquipment 2023-07-31 10876685 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 10876685 d:CurrentFinancialInstruments 2024-07-31 10876685 d:CurrentFinancialInstruments 2023-07-31 10876685 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 10876685 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 10876685 d:ShareCapital 2024-07-31 10876685 d:ShareCapital 2023-07-31 10876685 d:RetainedEarningsAccumulatedLosses 2024-07-31 10876685 d:RetainedEarningsAccumulatedLosses 2023-07-31 10876685 c:OrdinaryShareClass1 2023-08-01 2024-07-31 10876685 c:OrdinaryShareClass1 2024-07-31 10876685 c:OrdinaryShareClass1 2023-07-31 10876685 c:FRS102 2023-08-01 2024-07-31 10876685 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 10876685 c:FullAccounts 2023-08-01 2024-07-31 10876685 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 10876685 2 2023-08-01 2024-07-31 10876685 e:PoundSterling 2023-08-01 2024-07-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 10876685









SILVER JETTY LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JULY 2024

 
SILVER JETTY LIMITED
REGISTERED NUMBER: 10876685

STATEMENT OF FINANCIAL POSITION
AS AT 31 JULY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
  
240
648

  
240
648

Current assets
  

Debtors: amounts falling due within one year
 5 
11,729
13,355

Cash at bank and in hand
 6 
14,587
1,451

  
26,316
14,806

Creditors: amounts falling due within one year
 7 
(149,773)
(135,275)

Net current liabilities
  
 
 
(123,457)
 
 
(120,469)

Total assets less current liabilities
  
(123,217)
(119,821)

  

Net liabilities
  
(123,217)
(119,821)


Capital and reserves
  

Called up share capital 
 8 
100
100

Profit and loss account
  
(123,317)
(119,921)

  
(123,217)
(119,821)


Page 1

 
SILVER JETTY LIMITED
REGISTERED NUMBER: 10876685
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JULY 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




P E Gbedemah
Director

Date: 24 April 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
SILVER JETTY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1.


General information

Silver Jetty Limited is a private company, limited by shares and incorporated in England and Wales (registered number 10876685). The registered office is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH.
The financial statements are presented in Sterling, which is the functional currency of the company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise     specified within these accounting policies and in accordance with Section 1A of Financial Reporting     tandard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and    the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

In assessing the ability of the company to operate as a going concern, management have evaluated current and forecasted operational results, and the solvency of the company. Given that the company is in a net deficit position the directors have obtained assurances from its beneficial owners to continue to provide adequate funds to meets its obligations, and not to demand repayment of any funds due to them, until the company is in a financial position to do so. As a result, the directors consider it appropriate to prepare the financial statements on a going concern basis.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
SILVER JETTY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.5

Finance costs

Finance costs are charged to the Statement of comprehensive income over the term of the debt          using the effective interest method so that the amount charged is at a constant rate on the carrying     amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital     instrument.

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
33%
Straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 4

 
SILVER JETTY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 August 2023
7,555



At 31 July 2024

7,555



Depreciation


At 1 August 2023
6,908


Charge for the year on owned assets
408



At 31 July 2024

7,316



Net book value



At 31 July 2024
239



At 31 July 2023
647


5.


Debtors

2024
2023
£
£


Trade debtors
9,000
10,800

Other debtors
1,442
900

Prepayments and accrued income
1,287
1,655

11,729
13,355



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
14,587
1,451

14,587
1,451


Page 5

 
SILVER JETTY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other taxation and social security
15,441
9,680

Other creditors
129,961
120,940

Accruals and deferred income
4,371
4,655

149,773
135,275



8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
100
100


Page 6