SILVER RAIN (LONDON) LTD

Company Registration Number:
11670486 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2024

Period of accounts

Start date: 1 December 2023

End date: 30 November 2024

SILVER RAIN (LONDON) LTD

Contents of the Financial Statements

for the Period Ended 30 November 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

SILVER RAIN (LONDON) LTD

Directors' report period ended 30 November 2024

The directors present their report with the financial statements of the company for the period ended 30 November 2024

Principal activities of the company

The company's principal activity during the year was that of providing other services not elsewhere classified as well as buying and selling of commodities as a dealer.



Directors

The director shown below has held office during the whole of the period from
1 December 2023 to 30 November 2024

Richard Pawson


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
28 April 2025

And signed on behalf of the board by:
Name: Richard Pawson
Status: Director

SILVER RAIN (LONDON) LTD

Profit And Loss Account

for the Period Ended 30 November 2024

2024 2023


£

£
Turnover: 537,000 529,000
Cost of sales: ( 343,390 ) ( 439,000 )
Gross profit(or loss): 193,610 90,000
Administrative expenses: ( 13,678 ) ( 13,295 )
Operating profit(or loss): 179,932 76,705
Profit(or loss) before tax: 179,932 76,705
Tax: ( 39,243 ) ( 15,916 )
Profit(or loss) for the financial year: 140,689 60,789

SILVER RAIN (LONDON) LTD

Balance sheet

As at 30 November 2024

Notes 2024 2023


£

£
Current assets
Stocks: 3 391,610 194,000
Debtors: 4 8,876 15,915
Cash at bank and in hand: 34,333 61,000
Total current assets: 434,819 270,915
Creditors: amounts falling due within one year: 5 ( 40,770 ) ( 17,554 )
Net current assets (liabilities): 394,049 253,361
Total assets less current liabilities: 394,049 253,361
Total net assets (liabilities): 394,049 253,361
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 394,047 253,359
Total Shareholders' funds: 394,049 253,361

The notes form part of these financial statements

SILVER RAIN (LONDON) LTD

Balance sheet statements

For the year ending 30 November 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.

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

This report was approved by the board of directors on 28 April 2025
and signed on behalf of the board by:

Name: Richard Pawson
Status: Director

The notes form part of these financial statements

SILVER RAIN (LONDON) LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Freehold buildings over 50 years Leasehold land and buildings over the lease term Plant and machinery over 5 years Fixtures, fittings, tools and equipment over 5 years

    Intangible fixed assets amortisation policy

    Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

SILVER RAIN (LONDON) LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 3 1

SILVER RAIN (LONDON) LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Stocks

2024 2023
£ £
Stocks 391,610 194,000
Total 391,610 194,000

SILVER RAIN (LONDON) LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Debtors

2024 2023
£ £
Trade debtors 8,876 15,915
Total 8,876 15,915

SILVER RAIN (LONDON) LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 40,770 17,554
Total 40,770 17,554