REGISTERED NUMBER: 08660535 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

SILVA & FILHOS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P SARGO DA SILVA

SECRETARY:

P SARGO DA SILVA

REGISTERED OFFICE:

98 FORDWATER ROAD

CHERTSEY

KT16 8HQ

REGISTERED NUMBER:

08660535 (England and Wales)

ACCOUNTANTS:

A.B.K ACCOUNTANCY SERVICES

59 ASHEN GROVE

WIMBLEDON PARK

London

SW19 8BL

FIXED ASSETS

Tangible assets

4

110

(899

)

CURRENT ASSETS

Stocks

5

8,987

1,204

Debtors

6

629

1,210

Cash at bank

3,253

465

12,869

2,879

CREDITORS

Amounts falling due within one year

7

10,659

5,191

NET CURRENT ASSETS/(LIABILITIES)

2,210

(2,312

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,320

(3,211

)

CREDITORS

Amounts falling due after more than one year

8

6,989

9,500

NET LIABILITIES

(4,669

)

(12,711

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(4,769

)

(12,811

)

SHAREHOLDERS' FUNDS

(4,669

)

(12,711

)

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 16 September 2025 and were signed by:

P SARGO DA SILVA - Director

1.	STATUTORY INFORMATION

SILVA & FILHOS LTD 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

8,899

Additions

1,130

At 31 December 2024

10,029

DEPRECIATION

At 1 January 2024

9,798

Charge for year

121

At 31 December 2024

9,919

NET BOOK VALUE

At 31 December 2024

110

At 31 December 2023

(899

)

5.

STOCKS

31.12.24

31.12.23

£

£

Work-in-progress

8,987

1,204

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

629

1,210

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

6,944

381

Tax

819

-

Social security and other taxes

462

(4

)

Directors' current accounts

182

3,762

Accrued expenses

2,252

1,052

10,659

5,191

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans - 2-5 years

6,989

9,500