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REGISTERED NUMBER: 15289429 (England and Wales)















Unaudited Financial Statements

for the Period 16 November 2023 to 30 November 2024

for

Silver Homes (Reigate) Limited

Silver Homes (Reigate) Limited (Registered number: 15289429)






Contents of the Financial Statements
for the Period 16 November 2023 to 30 November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Silver Homes (Reigate) Limited

Company Information
for the Period 16 November 2023 to 30 November 2024







Directors: V Bhardwaj
R A Lazaro-Silver
P J Patel
Y Varma





Registered office: Rays House
North Circular Road
London
NW10 7XP





Registered number: 15289429 (England and Wales)





Accountants: Telic Advisory Limited
5th Floor, Congress House
14 Lyon Road
Harrow
HA1 2EN

Silver Homes (Reigate) Limited (Registered number: 15289429)

Balance Sheet
30 November 2024

Notes £   
CURRENT ASSETS
Stocks 2,437,526
Debtors 4 4,298
Cash at bank 141,784
2,583,608
CREDITORS
Amounts falling due within one year 5 2,706,005
NET CURRENT LIABILITIES (122,397 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(122,397

)

CAPITAL AND RESERVES
Called up share capital 200
Retained earnings (122,597 )
(122,397 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Homes (Reigate) Limited (Registered number: 15289429)

Balance Sheet - continued
30 November 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 Board of Directors and authorised for issue on 13 August 2025 and were signed on its behalf by:





Y Varma - Director


Silver Homes (Reigate) Limited (Registered number: 15289429)

Notes to the Financial Statements
for the Period 16 November 2023 to 30 November 2024

1. STATUTORY INFORMATION

Silver Homes (Reigate) 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.

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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
VAT 4,298

Silver Homes (Reigate) Limited (Registered number: 15289429)

Notes to the Financial Statements - continued
for the Period 16 November 2023 to 30 November 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 157,443
Other creditors 2,548,562
2,706,005

Other creditors as at 30 November 2024 includes loans drawn down totalling £2,431,414. There are interest bearing.loans drawndown as at 30 November 2024 of £1,731,414 which are secured against the land and buildings owned by the company. The interest on these loans is charged at a rate of 10% p.a. There are also unsecured, interest free loans of £700,000 drawndown as at 30 November 2024 which are repayable on demand.