SILEN DEVELOPMENTS LTD

SILEN DEVELOPMENTS LTD
Statement of Financial Position
As at 28 February 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	229,500	229,500
		229,500	229,500
Current assets
Debtors		8,078	3,082
Cash at bank and in hand		22,888	18,765
		30,966	21,847
Creditors: amount falling due within one year		(643)	(255)
Net current assets		30,323	21,592

Total assets less current liabilities		259,823	251,092
Creditors: amount falling due after more than one year		(346,237)	(296,383)
Net assets		(86,414)	(45,291)

Capital and reserves
Called up share capital		100	100
Profit and loss account		(86,514)	(45,391)
Shareholders' funds		(86,414)	(45,291)

For the year ended 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 09 October 2025 and were signed on its behalf by:

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Mark Risner
Director

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Sabi Tanchev
Director

SILEN DEVELOPMENTS LTD
Notes to the Abridged Financial Statements
For the year ended 28 February 2025

General Information

SILEN DEVELOPMENTS LTD is a private company, limited by shares, registered in , registration number 14638959, registration address 98e Green Lanes , London, N16 9EH.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Land and Buildings

0% Reducing Balance

2.	Average number of employees Average number of employees during the year was 0 (2024 : 0).

Tangible fixed assets

Cost or valuation	Land and Buildings	Total
	£	£
At 01 March 2024	229,500	229,500
Additions	-	-
Disposals	-	-
At 28 February 2025	229,500	229,500
Depreciation
At 01 March 2024	-	-
Charge for year	-	-
On disposals	-	-
At 28 February 2025	-	-
Net book values
Closing balance as at 28 February 2025	229,500	229,500
Opening balance as at 01 March 2024	229,500	229,500

Registered Number: 14638959

SILEN DEVELOPMENTS LTD

Abridged Accounts

Period of accounts Start date: 01 March 2024 End date: 28 February 2025