Company Registration No. 03739490 (England and Wales)
SILVER STREET (DURHAM) PROPERTIES LIMITED
Unaudited accounts
for the year ended 31 March 2025
SILVER STREET (DURHAM) PROPERTIES LIMITED
Unaudited accounts
Contents
SILVER STREET (DURHAM) PROPERTIES LIMITED
Company Information
for the year ended 31 March 2025
Directors
ALEXANDER TURNBULL
DONNA ANN RUTHERFORD
Company Number
03739490 (England and Wales)
Registered Office
1 STREETGATE PARK
SUNNISIDE
NEWCASTLE UPON TYNE
NE16 5LD
SILVER STREET (DURHAM) PROPERTIES LIMITED
Statement of financial position
as at 31 March 2025
Tangible assets
1,530,000
1,530,000
Cash at bank and in hand
144,152
84,299
Creditors: amounts falling due within one year
(86,426)
(87,269)
Net current assets
197,773
159,560
Total assets less current liabilities
1,727,773
1,689,560
Provisions for liabilities
Deferred tax
(46,269)
(46,269)
Net assets
1,681,504
1,643,291
Called up share capital
2
2
Revaluation reserve
243,519
243,519
Profit and loss account
1,437,983
1,399,770
Shareholders' funds
1,681,504
1,643,291
For the 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. 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 24 June 2025 and were signed on its behalf by
ALEXANDER TURNBULL
Director
Company Registration No. 03739490
SILVER STREET (DURHAM) PROPERTIES LIMITED
Notes to the Accounts
for the year ended 31 March 2025
SILVER STREET (DURHAM) PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03739490. The registered office is 1 STREETGATE PARK, SUNNISIDE, NEWCASTLE UPON TYNE, NE16 5LD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
At 31 March 2025
1,530,000
At 31 March 2025
1,530,000
At 31 March 2024
1,530,000
Amounts falling due within one year
Other debtors
100,047
122,530
Amounts falling due after more than one year
Other debtors
40,000
40,000
SILVER STREET (DURHAM) PROPERTIES LIMITED
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
28,164
29,245
Other creditors
53,000
53,000
Loans from directors
5,262
4,532
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).