Company Registration No. 11147642 (England and Wales)
SILVERFOX RECORDS LTD
Unaudited accounts
for the year ended 31 January 2025
SILVERFOX RECORDS LTD
Unaudited accounts
Contents
SILVERFOX RECORDS LTD
Company Information
for the year ended 31 January 2025
Company Number
11147642 (England and Wales)
Registered Office
OLIO VILLA , OLIO LANE
ST LUKES ROAD
CHELTENHAM
GLOS
GL53 7JG
ENGLAND
SILVERFOX RECORDS LTD
Statement of financial position
as at 31 January 2025
Tangible assets
344,536
344,536
Inventories
166,477
140,500
Cash at bank and in hand
79,306
73,398
Creditors: amounts falling due within one year
(25,972)
(24,777)
Net current assets
219,811
189,121
Total assets less current liabilities
564,347
533,657
Creditors: amounts falling due after more than one year
(131,000)
(131,000)
Net assets
433,347
402,657
Called up share capital
1
1
Profit and loss account
433,346
402,656
Shareholders' funds
433,347
402,657
For the year ending 31 January 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 director acknowledges his 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 and authorised for issue on 8 July 2025 and were signed on its behalf by
MR.A.PIERCE
Director
Company Registration No. 11147642
SILVERFOX RECORDS LTD
Notes to the Accounts
for the year ended 31 January 2025
SILVERFOX RECORDS LTD is a private company, limited by shares, registered in England and Wales, registration number 11147642. The registered office is OLIO VILLA , OLIO LANE, ST LUKES ROAD, CHELTENHAM, GLOS, GL53 7JG, ENGLAND.
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:
Land & buildings
No depreciation charged
Fixtures & fittings
25% per annum on Cost
Computer equipment
25% per annum on Cost
Sales are stated excluding discounts and value added tax
SILVERFOX RECORDS LTD
Notes to the Accounts
for the year ended 31 January 2025
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2024
341,060
3,000
476
344,536
At 31 January 2025
341,060
3,000
476
344,536
At 31 January 2025
-
-
-
-
At 31 January 2025
341,060
3,000
476
344,536
At 31 January 2024
341,060
3,000
476
344,536
Finished goods
166,477
140,500
Stock is valued at the lower of cost or net realisable value
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
16,193
15,939
7
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
131,000
131,000
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).