REGISTERED NUMBER: 08020410 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

FOR

SILVESTER PRICE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S J Price

Mrs O Silvester

REGISTERED OFFICE:

33b St Quintin Avenue

London

W10 6NX

REGISTERED NUMBER:

08020410 (England and Wales)

ACCOUNTANTS:

Jamieson Stone LLP

Windsor House

40/41 Great Castle Street

London

W1W 8LU

CURRENT ASSETS

Debtors

5

2,339

6,146

Cash at bank

1,974

2,136

4,313

8,282

CREDITORS

Amounts falling due within one year

6

(23,687

)

(23,779

)

NET CURRENT LIABILITIES

(19,374

)

(15,497

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(19,374

)

(15,497

)

CREDITORS

Amounts falling due after more than one year

7

(17,319

)

(21,410

)

NET LIABILITIES

(36,693

)

(36,907

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(36,695

)

(36,909

)

(36,693

)

(36,907

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 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.

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 11 June 2025 and were signed on its behalf by:

S J Price - Director

1.	STATUTORY INFORMATION

Silvester Price 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 the total amount receivable by the company excluding value added tax, in the ordinary course of its business for goods supplied and services provided.

Tangible fixed assets

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

Computer equipment

-

33% on cost

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 May 2024

and 30 April 2025

8,433

DEPRECIATION

At 1 May 2024

and 30 April 2025

8,433

NET BOOK VALUE

At 30 April 2025

-

At 30 April 2024

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

2,340

4,980

Other debtors

(1

)

1,166

2,339

6,146

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

4,474

4,469

Social security and other taxes

1,223

2,552

Directors' current accounts

17,990

16,758

23,687

23,779

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans due between

1 & 2 years

4,474

4,469

Bank loans due between

2 & 5 years

12,845

13,407

Bank loans due after 5 years

by instalments

-

3,534

17,319

21,410

Amounts falling due in more than five years:

Repayable by instalments

Bank loans due after 5 years

by instalments

-

3,534

-

3,534