Company Registration No. 02961885 (England and Wales)
SILVERFINE LIMITED
Unaudited accounts
for the year ended 31 March 2025
SILVERFINE LIMITED
Unaudited accounts
Contents
SILVERFINE LIMITED
Statement of financial position
as at 31 March 2025
Intangible assets
89,250
89,250
Tangible assets
13,532
15,175
Cash at bank and in hand
23,679
9,285
Creditors: amounts falling due within one year
(18,146)
(21,326)
Net current assets
146,723
188,097
Total assets less current liabilities
249,505
292,522
Creditors: amounts falling due after more than one year
(32,046)
(75,211)
Net assets
217,459
217,311
Called up share capital
2
2
Profit and loss account
217,457
217,309
Shareholders' funds
217,459
217,311
For the year ending 31 March 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 28 September 2025 and were signed on its behalf by
Aarif Akberali Merali
Director
Company Registration No. 02961885
SILVERFINE LIMITED
Notes to the Accounts
for the year ended 31 March 2025
SILVERFINE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 02961885. The registered office is D2R CROSS MEDIA, 107 ST ALBANS ROAD, WATFORD, HERTS, WD17 1RD, UK.
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.
These financial statements for the year ended 31 March 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Total
SILVERFINE LIMITED
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Total
Charge for the year
12,033
6
Average number of employees
During the year the average number of employees was 8 (2024: 8).