Silverfin false false 31/12/2024 12/12/2023 31/12/2024 R B H Pike 12/12/2023 11 July 2025 The principal activity of the company during the financial period was investment research. 15345786 2024-12-31 15345786 bus:Director1 2024-12-31 15345786 core:CurrentFinancialInstruments 2024-12-31 15345786 core:ShareCapital 2024-12-31 15345786 core:RetainedEarningsAccumulatedLosses 2024-12-31 15345786 bus:OrdinaryShareClass1 2024-12-31 15345786 2023-12-12 2024-12-31 15345786 bus:FilletedAccounts 2023-12-12 2024-12-31 15345786 bus:SmallEntities 2023-12-12 2024-12-31 15345786 bus:AuditExemptWithAccountantsReport 2023-12-12 2024-12-31 15345786 bus:PrivateLimitedCompanyLtd 2023-12-12 2024-12-31 15345786 bus:Director1 2023-12-12 2024-12-31 15345786 bus:OrdinaryShareClass1 2023-12-12 2024-12-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 15345786 (England and Wales)

GUILLAM SERVICES LIMITED

Unaudited Financial Statements
For the financial period from 12 December 2023 to 31 December 2024
Pages for filing with the registrar

GUILLAM SERVICES LIMITED

Unaudited Financial Statements

For the financial period from 12 December 2023 to 31 December 2024

Contents

GUILLAM SERVICES LIMITED

STATEMENT OF FINANCIAL POSITION

As at 31 December 2024
GUILLAM SERVICES LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

As at 31 December 2024
Note 31.12.2024
£
Current assets
Debtors 3 32,522
Cash at bank and in hand 190,043
222,565
Creditors: amounts falling due within one year 4 ( 242,948)
Net current liabilities (20,383)
Total assets less current liabilities (20,383)
Net liabilities ( 20,383)
Capital and reserves
Called-up share capital 5 100
Profit and loss account ( 20,483 )
Total shareholder's deficit ( 20,383)

For the financial period ending 31 December 2024 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 Guillam Services Limited (registered number: 15345786) were approved and authorised for issue by the Director on 11 July 2025. They were signed on its behalf by:

R B H Pike
Director
GUILLAM SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 12 December 2023 to 31 December 2024
GUILLAM SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 12 December 2023 to 31 December 2024
1. Accounting policies

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

General information and basis of accounting

Guillam Services 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 C/O Bishop Fleming Llp, 10 North Place, Cheltenham, GL50 4DW, United Kingdom. The principal place of business is Apartment 3, Alsheik 4a, Tel Aviv 6330704, Israel.

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 £.

Going concern

The director has assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The director notes that the business has net liabilities of £20,383. The Company is supported through loans from the director. The director has confirmed that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the director will continue to support the Company. Given the current position, the director believes that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Reporting period length

The reporting period of these financial statements is longer than a year to cover the period from the Company's Incorporation on 12 December 2023 to the chosen year end of 31 December 2024.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Statement of Financial Position date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is stated net of trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Statement of Financial Position date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Statement of Financial Position date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

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.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

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.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

Period from
12.12.2023 to
31.12.2024
Number
Monthly average number of persons employed by the Company during the period, including the director 0

3. Debtors

31.12.2024
£
Other debtors 32,522

4. Creditors: amounts falling due within one year

31.12.2024
£
Amounts owed to director 1,404
Accruals 12,881
Taxation and social security 134,386
Other creditors 94,277
242,948

5. Called-up share capital

31.12.2024
£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each 100

6. Related party transactions

Transactions with the entity's director

At the balance sheet date and included within creditors are amounts totalling £1,404 due to the company directors. The loan is interest free and repayable on demand. Dividends paid to the director in the year totalled £423,000.