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REGISTERED NUMBER: 08797167 (England and Wales)

Financial Statements

for the Year Ended 31 December 2024

for

SILVERLAKE TRADING LIMITED

SILVERLAKE TRADING LIMITED (REGISTERED NUMBER: 08797167)

Contents of the Financial Statements

for the Year Ended 31 December 2024

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

SILVERLAKE TRADING LIMITED

Company Information

for the Year Ended 31 December 2024

| DIRECTOR: | Mr C Pfundstein

| REGISTERED OFFICE: | 42 Lytton Road

| Barnet

| Hertfordshire

| EN5 5BY

| REGISTERED NUMBER: | 08797167 (England and Wales)

| ACCOUNTANTS: | Jeff Lermer & Associates

| Chartered Accountants

| 42 Lytton Road

| Barnet

| Hertfordshire

| EN5 5BY

SILVERLAKE TRADING LIMITED (REGISTERED NUMBER: 08797167)

Balance Sheet

31 December 2024

| 31.12.24 | 31.12.23 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Investment property | 4 | 495,699 |  | 495,699 |  |

CURRENT ASSETS

Cash at bank | 8,098 |  | 2,335 |  |

CREDITORS

Amounts falling due within one year | 5 | 165,557 |  | 164,733 |  |

NET CURRENT LIABILITIES | (157,459 | ) | (162,398 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 338,240 |  | 333,301 |  |

CREDITORS

Amounts falling due after more than one year | 6 | 371,681 |  | 377,812 |  |

NET LIABILITIES | (33,441 | ) | (44,511 | ) |

CAPITAL AND RESERVES

Called up share capital | 8 | 100 |  | 100 |  |

Retained earnings | (33,541 | ) | (44,611 | ) |

SHAREHOLDERS' FUNDS | (33,441 | ) | (44,511 | ) |

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.

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 11 September 2025 and were signed by:

Mr C Pfundstein - Director

SILVERLAKE TRADING LIMITED (REGISTERED NUMBER: 08797167)

Notes to the Financial Statements

for the Year Ended 31 December 2024

1. | STATUTORY INFORMATION

| Silverlake Trading 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 represents rental income and service charges received, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

| 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 balance sheet date.

| Going concern

| The directors have a reasonable expectation that the company will continue in operational existence for the foreseeable future and have therefore used the going concern basis in preparing the financial statements.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2023 - 1 ) .

4. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 January 2024

| and 31 December 2024 | 495,699 |  |

| NET BOOK VALUE

| At 31 December 2024 | 495,699 |  |

| At 31 December 2023 | 495,699 |  |

5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.12.24 |  | 31.12.23

£ | £ |

| Directors' current accounts | 163,350 |  | 160,350 |  |

| Accruals and deferred income | 2,207 |  | 4,383 |  |

165,557 |  | 164,733 |  |

SILVERLAKE TRADING LIMITED (REGISTERED NUMBER: 08797167)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.12.24 |  | 31.12.23

£ | £ |

| Bank loans more 5 yr by instal | 371,681 |  | 377,812 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | 371,681 |  | 377,812 |  |

7. | SECURED DEBTS

| The following secured debts are included within creditors:

| 31.12.24 |  | 31.12.23

£ | £ |

| Bank loans | 371,681 |  | 377,812 |  |

| Bank loans are secured by fixed charge against the investment property held by the company.

8. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.12.24 |  | 31.12.23

| value: | £ | £ |

| 50 | A Ordinary | £1 | 50 |  | 50 |  |

| 50 | B Ordinary | £1 | 50 |  | 50 |  |

100 |  | 100 |  |

9. | RELATED PARTY DISCLOSURES

| At the balance sheet date, the company owed an amount of £163,350 (2023: £160,350) to the director. The amount is interest free and repayable on demand.

10. | ULTIMATE CONTROLLING PARTY

| The controlling party is Mr C Pfundstein.