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REGISTERED NUMBER: 05212067 (England and Wales)


















SILENT MEDIA LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024






SILENT MEDIA LIMITED (REGISTERED NUMBER: 05212067)

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










Page

Balance Sheet 1 to 2

Notes to the Financial Statements 3 to 5


SILENT MEDIA LIMITED (REGISTERED NUMBER: 05212067)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 3,416 878,493
Investments 5 8,426 -
11,842 878,493

CURRENT ASSETS
Stocks 500 90,000
Debtors 6 13,474 24,920
Cash at bank and in hand 782,171 127,726
796,145 242,646
CREDITORS
Amounts falling due within one year 7 (49,384 ) (101,131 )
NET CURRENT ASSETS 746,761 141,515
TOTAL ASSETS LESS CURRENT
LIABILITIES

758,603

1,020,008

CREDITORS
Amounts falling due after more than one
year

8

-

(419,453

)

PROVISIONS FOR LIABILITIES (854 ) (7,527 )
NET ASSETS 757,749 593,028

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 757,748 593,027
SHAREHOLDERS' FUNDS 757,749 593,028

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the Company to obtain an audit of its financial statements for the year ended 31 August 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.

SILENT MEDIA LIMITED (REGISTERED NUMBER: 05212067)

BALANCE SHEET - continued
31 AUGUST 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 21 May 2025 and were signed by:





J Ghatora - Director


SILENT MEDIA LIMITED (REGISTERED NUMBER: 05212067)

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


1. STATUTORY INFORMATION

Silent media limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 05212067 and registered office address is Unit 3, Ilex House, 94 Holly Road, Twickenham, England, TW1 4HF

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 measured at the fair value of the consideration received or receivable, excluding discount, rebates, value added tax and other sales taxes.
Revenue from the sale of goods is recognised when significant rights and rewards of ownership of the goods have transferred to the buyer

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance

Freehold Property - 2% on straight line basis

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a financing transaction it is measured at the present value of future payments.

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.


SILENT MEDIA LIMITED (REGISTERED NUMBER: 05212067)

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


2. ACCOUNTING POLICIES - continued
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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and
property fittings Totals
£    £    £   
COST
At 1 September 2023 942,650 98,592 1,041,242
Additions - 4,270 4,270
Disposals (942,650 ) (98,592 ) (1,041,242 )
At 31 August 2024 - 4,270 4,270
DEPRECIATION
At 1 September 2023 94,265 68,484 162,749
Charge for year - 854 854
Eliminated on disposal (94,265 ) (68,484 ) (162,749 )
At 31 August 2024 - 854 854
NET BOOK VALUE
At 31 August 2024 - 3,416 3,416
At 31 August 2023 848,385 30,108 878,493

SILENT MEDIA LIMITED (REGISTERED NUMBER: 05212067)

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


5. FIXED ASSET INVESTMENTS
Other
investment
£   
COST
Additions 8,426
At 31 August 2024 8,426
NET BOOK VALUE
At 31 August 2024 8,426

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 6,894 10,247
Other debtors 6,580 14,673
13,474 24,920

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 642 35,049
Trade creditors 1,476 8,479
Taxation and social security 9,578 6,563
Other creditors 37,688 51,040
49,384 101,131

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 419,453

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 281,466

9. OTHER FINANCIAL COMMITMENTS

The loan is secured by a fixed and floating charge over the assets of the company.