REGISTERED NUMBER: 07024027 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Silkwise Catering Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

E Lepine

SECRETARY:

REGISTERED OFFICE:

9 Couch Lane

Devises

Wiltshire

SN10 1EB

REGISTERED NUMBER:

07024027 (England and Wales)

ACCOUNTANTS:

Accounting by Design (UK) Limited

302 Cirencester Bsness Park

Love Lane

Cirencester

Gloucestershire

GL7 1XD

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

263

2,337

263

2,337

CURRENT ASSETS

Stocks

5,500

8,500

Debtors

6

3,639

32

Cash at bank and in hand

941

5,662

10,080

14,194

CREDITORS

Amounts falling due within one year

7

4,537

8,167

NET CURRENT ASSETS

5,543

6,027

TOTAL ASSETS LESS CURRENT LIABILITIES

5,806

8,364

CREDITORS

Amounts falling due after more than one year

8

(5,526

)

(7,667

)

PROVISIONS FOR LIABILITIES

(50

)

(444

)

NET ASSETS

230

253

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

229

252

SHAREHOLDERS' FUNDS

230

253

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 22 September 2025 and were signed by:

E Lepine - Director

1.	STATUTORY INFORMATION

Silkwise Catering 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.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

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 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.

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 year 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

11,700

AMORTISATION

At 1 January 2024

and 31 December 2024

11,700

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

38,648

DEPRECIATION

At 1 January 2024

36,311

Charge for year

2,074

At 31 December 2024

38,385

NET BOOK VALUE

At 31 December 2024

263

At 31 December 2023

2,337

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Other debtors

3,639

32

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

4,000

4,000

Trade creditors

5

133

Taxation and social security

389

3,883

Other creditors

143

151

4,537

8,167

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

5,526

7,667