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REGISTERED NUMBER: 08344374 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2025

for

Silva Legal Services Limited

Silva Legal Services Limited (Registered number: 08344374)






Contents of the Financial Statements
for the Year Ended 31 January 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Silva Legal Services Limited

Company Information
for the Year Ended 31 January 2025







DIRECTORS: Mrs S Silva
G S Silva





REGISTERED OFFICE: St Mary's Court
Amersham
Buckinghamshire
HP7 0UT





REGISTERED NUMBER: 08344374 (England and Wales)






Silva Legal Services Limited (Registered number: 08344374)

Balance Sheet
31 January 2025

31.1.25 31.1.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 129,230 50,031

CURRENT ASSETS
Debtors 5 1,698,002 1,728,152
Cash at bank 619,607 431,250
2,317,609 2,159,402
CREDITORS
Amounts falling due within one year 6 440,018 428,867
NET CURRENT ASSETS 1,877,591 1,730,535
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,006,821

1,780,566

CREDITORS
Amounts falling due after more than one
year

7

(77,888

)

(24,243

)

PROVISIONS FOR LIABILITIES 8 (10,418 ) (1,815 )
NET ASSETS 1,918,515 1,754,508

CAPITAL AND RESERVES
Called up share capital 9 200 200
Retained earnings 10 1,918,315 1,754,308
SHAREHOLDERS' FUNDS 1,918,515 1,754,508

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 27 June 2025 and were signed on its behalf by:





G S Silva - Director


Silva Legal Services Limited (Registered number: 08344374)

Notes to the Financial Statements
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

Silva Legal Services 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Long leasehold - 1% on cost
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on cost
Computer equipment - 25% on 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates two defined contribution pension schemes. Contributions payable to the two pension schemes are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

Silva Legal Services Limited (Registered number: 08344374)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

4. TANGIBLE FIXED ASSETS
Fixtures
Long and Motor Computer
leasehold fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 February 2024 42,815 7,585 - 16,272 66,672
Additions - 1,067 105,559 4,597 111,223
At 31 January 2025 42,815 8,652 105,559 20,869 177,895
DEPRECIATION
At 1 February 2024 858 2,635 - 13,148 16,641
Charge for year 429 1,204 26,390 4,001 32,024
At 31 January 2025 1,287 3,839 26,390 17,149 48,665
NET BOOK VALUE
At 31 January 2025 41,528 4,813 79,169 3,720 129,230
At 31 January 2024 41,957 4,950 - 3,124 50,031

Fixed assets, included in the above, which are held under finance leases are as follows:
Motor
vehicles
£   
COST
Additions 105,559
At 31 January 2025 105,559
DEPRECIATION
Charge for year 26,390
At 31 January 2025 26,390
NET BOOK VALUE
At 31 January 2025 79,169

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Trade debtors 1,698,002 1,725,846
Other debtors - 2,306
1,698,002 1,728,152

Included in trade debtors is an amount of £1,420,772 (2024 - £1,412,731) which is receivable after more than one year.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Bank loans and overdrafts 18,182 18,182
Finance leases 11,030 -
Trade creditors 5,027 42,556
Taxation and social security 397,456 360,872
Other creditors 8,323 7,257
440,018 428,867

Silva Legal Services Limited (Registered number: 08344374)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.1.25 31.1.24
£    £   
Bank loans 6,060 24,243
Finance leases 71,828 -
77,888 24,243

8. PROVISIONS FOR LIABILITIES
31.1.25 31.1.24
£    £   
Deferred tax 10,418 1,815

Deferred
tax
£   
Balance at 1 February 2024 1,815
Provided during year 8,603
Balance at 31 January 2025 10,418

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.25 31.1.24
value: £    £   
200 Ordinary £1 200 200

10. RESERVES
Retained
earnings
£   

At 1 February 2024 1,754,308
Profit for the year 364,007
Dividends (200,000 )
At 31 January 2025 1,918,315

11. RELATED PARTY DISCLOSURES

During the year the directors charged the company £23,000 (2024 - £22,550) for office rent and cleaning.