Acorah Software Products - Accounts Production 16.3.350 false true 31 May 2024 1 June 2023 false 1 June 2024 31 May 2025 31 May 2025 07099882 Mr D J Hitchen Ms P J Hitchen iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07099882 2024-05-31 07099882 2025-05-31 07099882 2024-06-01 2025-05-31 07099882 frs-core:CurrentFinancialInstruments 2025-05-31 07099882 frs-core:ComputerEquipment 2025-05-31 07099882 frs-core:ComputerEquipment 2024-06-01 2025-05-31 07099882 frs-core:ComputerEquipment 2024-05-31 07099882 frs-core:FurnitureFittings 2025-05-31 07099882 frs-core:FurnitureFittings 2024-06-01 2025-05-31 07099882 frs-core:FurnitureFittings 2024-05-31 07099882 frs-core:MotorVehicles 2025-05-31 07099882 frs-core:MotorVehicles 2024-06-01 2025-05-31 07099882 frs-core:MotorVehicles 2024-05-31 07099882 frs-core:PlantMachinery 2025-05-31 07099882 frs-core:PlantMachinery 2024-06-01 2025-05-31 07099882 frs-core:PlantMachinery 2024-05-31 07099882 frs-core:ShareCapital 2025-05-31 07099882 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 07099882 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 07099882 frs-bus:FilletedAccounts 2024-06-01 2025-05-31 07099882 frs-bus:SmallEntities 2024-06-01 2025-05-31 07099882 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 07099882 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 07099882 frs-bus:Director1 2024-06-01 2025-05-31 07099882 frs-bus:CompanySecretary1 2024-06-01 2025-05-31 07099882 frs-countries:EnglandWales 2024-06-01 2025-05-31 07099882 2023-05-31 07099882 2024-05-31 07099882 2023-06-01 2024-05-31 07099882 frs-core:CurrentFinancialInstruments 2024-05-31 07099882 frs-core:ShareCapital 2024-05-31 07099882 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31
Registered number: 07099882
Silver Business Consulting Limited
Unaudited Financial Statements
For The Year Ended 31 May 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 07099882
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 19,023 30,425
19,023 30,425
CURRENT ASSETS
Cash at bank and in hand 152,806 64,258
152,806 64,258
Creditors: Amounts Falling Due Within One Year 5 (50,766 ) (24,056 )
NET CURRENT ASSETS (LIABILITIES) 102,040 40,202
TOTAL ASSETS LESS CURRENT LIABILITIES 121,063 70,627
NET ASSETS 121,063 70,627
CAPITAL AND RESERVES
Called up share capital 6 2 2
Profit and Loss Account 121,061 70,625
SHAREHOLDERS' FUNDS 121,063 70,627
For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr D J Hitchen
Director
13/08/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Silver Business Consulting Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07099882 . The registered office is 21 Manor Road, Caddington, Bedfordshire, LU1 4EE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 33% on cost
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 25% on cost
Computer Equipment 33% on cost
2.4. Taxation
Taxation for the period 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 period 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.
2.5. Pensions
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 14 (2024: 13)
14 13
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4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 June 2024 367 43,083 14,456 29,156 87,062
As at 31 May 2025 367 43,083 14,456 29,156 87,062
Depreciation
As at 1 June 2024 367 22,531 9,264 24,475 56,637
Provided during the period - 5,138 2,677 3,587 11,402
As at 31 May 2025 367 27,669 11,941 28,062 68,039
Net Book Value
As at 31 May 2025 - 15,414 2,515 1,094 19,023
As at 1 June 2024 - 20,552 5,192 4,681 30,425
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Corporation tax 19,889 9
Other taxes and social security 5,891 3,386
VAT 21,997 16,462
Other creditors 348 344
Accruals and deferred income 2,603 2,444
Director's loan account 38 1,411
50,766 24,056
6. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
7. Related Party Transactions
The director and shareholder Mr D Hitchen is also a director and shareholder of Cartridge King (Jersey) Limited.
During the year Silver Business Consulting Limited invoiced Cartridge King (Jersey) Limited for administration services with a value of £702,547 (2024 : £713,444). There were no balances owing at the year end.
During the year Cartridge King (Jersey) Limited invoiced Silver Business Consulting Limited for processing, ink and cartridges with a value of £851 (2024 : £160,445). There were no balances owing at the year end.
All transaction were at arm's length.
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