IRIS Accounts Production v25.1.4.42 08071581 director 1.1.24 31.12.24 31.12.24 0 0 false true false false true true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh080715812023-12-31080715812024-12-31080715812024-01-012024-12-31080715812022-12-31080715812023-01-012023-12-31080715812023-12-3108071581ns15:EnglandWales2024-01-012024-12-3108071581ns14:PoundSterling2024-01-012024-12-3108071581ns10:Director12024-01-012024-12-3108071581ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3108071581ns10:SmallEntities2024-01-012024-12-3108071581ns10:AuditExemptWithAccountantsReport2024-01-012024-12-3108071581ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3108071581ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3108071581ns10:FullAccounts2024-01-012024-12-3108071581ns10:RegisteredOffice2024-01-012024-12-3108071581ns5:CurrentFinancialInstruments2024-12-3108071581ns5:CurrentFinancialInstruments2023-12-3108071581ns5:ShareCapital2024-12-3108071581ns5:ShareCapital2023-12-3108071581ns5:RetainedEarningsAccumulatedLosses2024-12-3108071581ns5:RetainedEarningsAccumulatedLosses2023-12-3108071581ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3108071581ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-31
REGISTERED NUMBER: 08071581 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Silver Blades Ice Rink Company
(Widnes) Limited

Silver Blades Ice Rink Company
(Widnes) Limited (Registered number: 08071581)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Accountant's Report 6

Silver Blades Ice Rink Company
(Widnes) Limited

Company Information
for the Year Ended 31 December 2024







DIRECTOR: M Petrouis





REGISTERED OFFICE: Muckley Corner House
Walsall Road
Lichfield
Staffordshire
WS14 0BG





REGISTERED NUMBER: 08071581 (England and Wales)





ACCOUNTANT: Groucott Moor Limited
Lombard House
Cross Keys
Lichfield
Staffordshire
WS13 6DN

Silver Blades Ice Rink Company
(Widnes) Limited (Registered number: 08071581)

Statement of Financial Position
31 December 2024

31.12.24 31.12.23
Notes £    £   
CURRENT ASSETS
Debtors 4 514,917 628,559
Cash at bank 71,578 207,608
586,495 836,167
CREDITORS
Amounts falling due within one year 5 586,164 835,162
NET CURRENT ASSETS 331 1,005
TOTAL ASSETS LESS CURRENT
LIABILITIES

331

1,005

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 330 1,004
SHAREHOLDERS' FUNDS 331 1,005

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Silver Blades Ice Rink Company
(Widnes) Limited (Registered number: 08071581)

Statement of Financial Position - continued
31 December 2024


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 director and authorised for issue on 21 March 2025 and were signed by:





M Petrouis - Director


Silver Blades Ice Rink Company
(Widnes) Limited (Registered number: 08071581)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Silver Blades Ice Rink Company (Widnes) 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.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

Silver Blades Ice Rink Company
(Widnes) Limited (Registered number: 08071581)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Amounts owed by group undertakings 479,828 552,728
Other debtors - 36,696
Prepayments 35,089 39,135
514,917 628,559

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 31,876 158,997
Tax 135,787 84,113
Other creditors 416,488 589,140
Accrued expenses 2,013 2,912
586,164 835,162

6. CONTINGENT LIABILITIES

The company is party to a group cross guarantee in favour of Handelsbanken in respect of the group bank borrowings. At the balance sheet date the group net indebtedness to Handelsbanken was £1,573,200.

7. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is M Petrouis.

Chartered Accountant's Report to the Director
on the Unaudited Financial Statements of
Silver Blades Ice Rink Company
(Widnes) Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the financial statements of Silver Blades Ice Rink Company (Widnes) Limited for the year ended 31 December 2024 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given me.

As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), I am subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Silver Blades Ice Rink Company (Widnes) Limited in accordance with my terms of engagement. My work has been undertaken solely to prepare for your approval the financial statements of Silver Blades Ice Rink Company (Widnes) Limited and state those matters that I have agreed to state to the director of Silver Blades Ice Rink Company (Widnes) Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than Silver Blades Ice Rink Company (Widnes) Limited and its director for my work or for this report.

It is your duty to ensure that Silver Blades Ice Rink Company (Widnes) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Silver Blades Ice Rink Company (Widnes) Limited. You consider that Silver Blades Ice Rink Company (Widnes) Limited is exempt from the statutory audit requirement for the year.

I have not been instructed to carry out an audit or a review of the financial statements of Silver Blades Ice Rink Company (Widnes) Limited. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.






Groucott Moor Limited
Lombard House
Cross Keys
Lichfield
Staffordshire
WS13 6DN


21 March 2025