Silver Future Ltd - Filleted accounts

Registered number

08870075

Silver Future Ltd

Filleted Accounts

31 January 2025

Silver Future Ltd
Registered number:		08870075
Balance Sheet
as at 31 January 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets	3		128			160
Tangible assets	4		272,327			306,805
			272,455			306,965

Current assets
Debtors	5	25,214			25,261
Cash at bank		28,087			106,177
		53,301			131,438

Creditors: amounts falling due within one year	6	(8,891)			(6,085)

Net current assets			44,410			125,353

Net assets			316,865			432,318

Capital and reserves
Called up share capital			246,605			391,890
Share premium			2,095			2,095
Revaluation reserve	7		17,436			17,436
Capital redemption reserve			(1,000)			(1,000)
Profit and loss account			51,729			21,897

Shareholders' funds			316,865			432,318

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Ms L F G Mawjee
Director
Approved by the board on 28 October 2025

Silver Future Ltd
Notes to the Accounts
for the year ended 31 January 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable. Turnover includes revenue earned from the the rental of investment property. Turnover from the rereceipt of rental income is recognised by reference to the rental period.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	not depreciated

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		0		0


3	Intangible fixed assets				£
	Website:

	Cost
	At 1 February 2024				320
	At 31 January 2025				320

	Amortisation
	At 1 February 2024				160
	Provided during the year				32
	At 31 January 2025				192

	Net book value
	At 31 January 2025				128
	At 31 January 2024				160

	Intangible assets are written off in equal annual instalments over their estimated economic life of 10 years.


4	Tangible fixed assets
					Land and buildings
£
	Cost
	At 1 February 2024				306,805
	Disposals				(34,478)
	At 31 January 2025				272,327

	Depreciation
	At 31 January 2025				-

	Net book value
	At 31 January 2025				272,327
	At 31 January 2024				306,805


5	Debtors		2025		2024
£				£

	Trade debtors		823		780
	Other debtors		24,391		24,481
			25,214		25,261


6	Creditors: amounts falling due within one year		2025		2024
£				£

	Trade creditors		1,058		1,387
	Taxation and social security costs		6,532		3,379
	Other creditors		1,301		1,319
			8,891		6,085


7	Revaluation reserve		2025		2024
£				£

	At 1 February 2024		17,436		17,436

	At 31 January 2025		17,436		17,436


8	Other information

	Silver Future Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	3 Somerset Gardens
	London
	SW16 4UZ