Silverland Estates Limited 11467470 false 2023-10-01 2024-09-30 2024-09-30 The principal activity of the company is rental of land. Digita Accounts Production Advanced 6.30.9574.0 true 11467470 2023-10-01 2024-09-30 11467470 2024-09-30 11467470 bus:OrdinaryShareClass1 2024-09-30 11467470 bus:OrdinaryShareClass2 2024-09-30 11467470 bus:OrdinaryShareClass3 2024-09-30 11467470 bus:OrdinaryShareClass4 2024-09-30 11467470 bus:OrdinaryShareClass5 2024-09-30 11467470 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 11467470 core:LandBuildings core:OwnedOrFreeholdAssets 2024-09-30 11467470 bus:SmallEntities 2023-10-01 2024-09-30 11467470 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 11467470 bus:FilletedAccounts 2023-10-01 2024-09-30 11467470 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 11467470 bus:RegisteredOffice 2023-10-01 2024-09-30 11467470 bus:Director1 2023-10-01 2024-09-30 11467470 bus:Director2 2023-10-01 2024-09-30 11467470 bus:OrdinaryShareClass1 2023-10-01 2024-09-30 11467470 bus:OrdinaryShareClass2 2023-10-01 2024-09-30 11467470 bus:OrdinaryShareClass3 2023-10-01 2024-09-30 11467470 bus:OrdinaryShareClass4 2023-10-01 2024-09-30 11467470 bus:OrdinaryShareClass5 2023-10-01 2024-09-30 11467470 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 11467470 bus:Agent1 2023-10-01 2024-09-30 11467470 core:LandBuildings 2023-10-01 2024-09-30 11467470 countries:AllCountries 2023-10-01 2024-09-30 11467470 2023-09-30 11467470 core:LandBuildings core:OwnedOrFreeholdAssets 2023-09-30 11467470 2022-10-01 2023-09-30 11467470 2023-09-30 11467470 bus:OrdinaryShareClass1 2023-09-30 11467470 bus:OrdinaryShareClass2 2023-09-30 11467470 bus:OrdinaryShareClass3 2023-09-30 11467470 bus:OrdinaryShareClass4 2023-09-30 11467470 bus:OrdinaryShareClass5 2023-09-30 11467470 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 11467470 core:LandBuildings core:OwnedOrFreeholdAssets 2023-09-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 11467470

Silverland Estates Limited

Unaudited Filleted Abridged Financial Statements

for the Year Ended 30 September 2024

 

Silverland Estates Limited

Contents

Company Information

1

Abridged Balance Sheet

2

Notes to the Unaudited Abridged Financial Statements

3 to 5

 

Silverland Estates Limited

Company Information

Directors

Mr MC Allen

Mrs LA Allen

Registered office

36 St Thomas Street
Lymington
Hampshire
SO41 9NE

Accountants

Pyatt & Pyatt
Chartered Certified Accountants36 St Thomas Street
Lymington
Hampshire
SO41 9NE

 

Silverland Estates Limited

(Registration number: 11467470)
Abridged Balance Sheet as at 30 September 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

115,675

115,675

Current assets

 

Cash at bank and in hand

 

2,228

3,109

Creditors: Amounts falling due within one year

(85,453)

(96,338)

Net current liabilities

 

(83,225)

(93,229)

Total assets less current liabilities

 

32,450

22,446

Accruals and deferred income

 

(480)

(480)

Net assets

 

31,970

21,966

Capital and reserves

 

Called up share capital

5

100

100

Retained earnings

31,870

21,866

Shareholders' funds

 

31,970

21,966

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 27 June 2025 and signed on its behalf by:
 

.........................................
Mr MC Allen
Director

 

Silverland Estates Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2024

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
36 St Thomas Street
Lymington
Hampshire
SO41 9NE

These financial statements were authorised for issue by the Board on 27 June 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Silverland Estates Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2024

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Land and buildings

0%

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

 

Silverland Estates Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2024

4

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

At 1 October 2023

115,675

115,675

At 30 September 2024

115,675

115,675

Depreciation

Carrying amount

At 30 September 2024

115,675

115,675

At 30 September 2023

115,675

115,675

Included within the net book value of land and buildings above is £115,675 (2023 - £115,675) in respect of freehold land and buildings.
 

5

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary A of £1 each

35

35

35

35

Ordinary B of £1 each

35

35

35

35

Ordinary C of £1 each

10

10

10

10

Ordinary D of £1 each

10

10

10

10

Ordinary E of £1 each

10

10

10

10

100

100

100

100