SILVER DRAGON LTD

Company Registration Number:
12798746 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2024

Period of accounts

Start date: 01 September 2023

End date: 31 August 2024

SILVER DRAGON LTD

Contents of the Financial Statements

for the Period Ended 31 August 2024

Balance sheet
Notes

SILVER DRAGON LTD

Balance sheet

As at 31 August 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 247,751 239,751
Total fixed assets: 247,751 239,751
Current assets
Debtors:   525 63
Cash at bank and in hand: 5,878 2,986
Total current assets: 6,403 3,049
Creditors: amounts falling due within one year:   (1,184) (1,138)
Net current assets (liabilities): 5,219 1,911
Total assets less current liabilities: 252,970 241,662
Creditors: amounts falling due after more than one year: 4 (278,675) (252,095)
Total net assets (liabilities): (25,705) (10,433)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (25,805) (10,533)
Shareholders funds: (25,705) (10,433)

The notes form part of these financial statements

SILVER DRAGON LTD

Balance sheet statements

For the year ending 31 August 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 07 May 2025
and signed on behalf of the board by:

Name: G McGrath
Status: Director

The notes form part of these financial statements

SILVER DRAGON LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

The company's principal income comprises rents from the letting of its investment properties. The rental income is recognised on an accruals basis.

Valuation and information policy

The investment properties are stated at market valuation.

SILVER DRAGON LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

2. Employees

2024 2023
Average number of employees during the period 2 2

SILVER DRAGON LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Tangible Assets

Total
Cost £
At 01 September 2023 239,751
Revaluations 8,000
At 31 August 2024 247,751
Net book value
At 31 August 2024 247,751
At 31 August 2023 239,751

SILVER DRAGON LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Creditors: amounts falling due after more than one year note

The mortgage loans are wholly repayable after more than five years. The borrowing is secured on the investment properties.