Silverfin false false 31/03/2025 01/04/2024 31/03/2025 D S H Gillingham 03/02/2002 16 June 2025 The company has not traded throughout the year. 03600686 2025-03-31 03600686 bus:Director1 2025-03-31 03600686 core:CurrentFinancialInstruments 2025-03-31 03600686 core:CurrentFinancialInstruments 2024-03-31 03600686 2024-03-31 03600686 core:ShareCapital 2025-03-31 03600686 core:ShareCapital 2024-03-31 03600686 2024-04-01 2025-03-31 03600686 bus:FilletedAccounts 2024-04-01 2025-03-31 03600686 bus:SmallEntities 2024-04-01 2025-03-31 03600686 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 03600686 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 03600686 bus:Director1 2024-04-01 2025-03-31 03600686 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Company No: 03600686 (England and Wales)

BUDWELL LIMITED

Unaudited Financial Statements
For the financial year ended 31 March 2025
Pages for filing with the registrar

BUDWELL LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2025

Contents

BUDWELL LIMITED

COMPANY INFORMATION

For the financial year ended 31 March 2025
BUDWELL LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 March 2025
Director D S H Gillingham
Secretary D S H Gillingham
Registered office Springfield House
Springfield Road
Horsham
West Sussex
Rh12 2RG
United Kingdom
Company number 03600686 (England and Wales)
Accountant Kreston Reeves LLP
Springfield House
Springfield Road
Horsham
West Sussex
RH12 2RG
BUDWELL LIMITED

BALANCE SHEET

As at 31 March 2025
BUDWELL LIMITED

BALANCE SHEET (continued)

As at 31 March 2025
Note 2025 2024
£ £
Current assets
Debtors 3 2 2
2 2
Net current assets 2 2
Total assets less current liabilities 2 2
Net assets 2 2
Capital and reserves
Called-up share capital 2 2
Total shareholder's funds 2 2

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Budwell Limited (registered number: 03600686) were approved and authorised for issue by the Director on 16 June 2025. They were signed on its behalf by:

D S H Gillingham
Director
BUDWELL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
BUDWELL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Budwell Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Springfield House, Springfield Road, Horsham, West Sussex, Rh12 2RG, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

2025 2024
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Debtors

2025 2024
£ £
Amounts owed by Parent undertakings 2 2