Silverfin false false 31/03/2025 01/04/2024 31/03/2025 Sara Lindsay Low 28/03/2001 William Roberson Low 28/03/2001 15 July 2025 The principal activity of the Company during the financial year was the provision of research and verification services to providers of quiz programmes on national television. 04189358 2025-03-31 04189358 bus:Director1 2025-03-31 04189358 bus:Director2 2025-03-31 04189358 2024-03-31 04189358 core:CurrentFinancialInstruments 2025-03-31 04189358 core:CurrentFinancialInstruments 2024-03-31 04189358 core:ShareCapital 2025-03-31 04189358 core:ShareCapital 2024-03-31 04189358 core:RetainedEarningsAccumulatedLosses 2025-03-31 04189358 core:RetainedEarningsAccumulatedLosses 2024-03-31 04189358 core:OfficeEquipment 2024-03-31 04189358 core:OfficeEquipment 2025-03-31 04189358 bus:OrdinaryShareClass1 2025-03-31 04189358 2024-04-01 2025-03-31 04189358 bus:FilletedAccounts 2024-04-01 2025-03-31 04189358 bus:SmallEntities 2024-04-01 2025-03-31 04189358 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 04189358 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 04189358 bus:Director1 2024-04-01 2025-03-31 04189358 bus:Director2 2024-04-01 2025-03-31 04189358 core:OfficeEquipment 2024-04-01 2025-03-31 04189358 2023-04-01 2024-03-31 04189358 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 04189358 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 04189358 (England and Wales)

SARA LOW VERIFICATION LIMITED

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

SARA LOW VERIFICATION LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2025

Contents

SARA LOW VERIFICATION LIMITED

BALANCE SHEET

As at 31 March 2025
SARA LOW VERIFICATION LIMITED

BALANCE SHEET (continued)

As at 31 March 2025
Note 2025 2024
£ £
Fixed assets
Tangible assets 3 80 107
80 107
Current assets
Debtors 4 22,027 16,570
Cash at bank and in hand 30,996 43,236
53,023 59,806
Creditors: amounts falling due within one year 5 ( 38,870) ( 28,662)
Net current assets 14,153 31,144
Total assets less current liabilities 14,233 31,251
Net assets 14,233 31,251
Capital and reserves
Called-up share capital 6 100 100
Profit and loss account 14,133 31,151
Total shareholder's funds 14,233 31,251

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.

Directors' responsibilities:

The financial statements of Sara Low Verification Limited (registered number: 04189358) were approved and authorised for issue by the Board of Directors on 15 July 2025. They were signed on its behalf by:

Sara Lindsay Low
Director
SARA LOW VERIFICATION LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
SARA LOW VERIFICATION 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

Sara Low Verification 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 Lowin House, Tregolls Road, Truro, TR1 2NA, 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 £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Revenue from services is recognised as they are delivered.

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 Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a reducing balance basis over its expected useful life, as follows:

Office equipment 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

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 directors 2 2

3. Tangible assets

Office equipment Total
£ £
Cost
At 01 April 2024 3,068 3,068
At 31 March 2025 3,068 3,068
Accumulated depreciation
At 01 April 2024 2,961 2,961
Charge for the financial year 27 27
At 31 March 2025 2,988 2,988
Net book value
At 31 March 2025 80 80
At 31 March 2024 107 107

4. Debtors

2025 2024
£ £
Amounts owed by Group undertakings 9,705 0
Other debtors 12,322 16,570
22,027 16,570

5. Creditors: amounts falling due within one year

2025 2024
£ £
Trade creditors 121 10,467
Amounts owed to Group undertakings 0 395
Accruals 28,490 3,800
Corporation tax 1,340 5,409
Other taxation and social security 8,919 8,557
Other creditors 0 34
38,870 28,662

6. Called-up share capital

2025 2024
£ £
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each 100 100

7. Ultimate controlling party

Parent Company:

Sara Low Holdings Limited
Lowin House
Tregolls Road
Truro
Cornwall
TR1 2NA