REGISTERED NUMBER: 07690970 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

SILVER CLOUD VENTURES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J N D Stelzer

Mrs A R Stelzer

REGISTERED OFFICE:

19 Holne Chase

London

N2 0QL

REGISTERED NUMBER:

07690970 (England and Wales)

ACCOUNTANTS:

Jeff Lermer & Associates

Chartered Accountants

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

FIXED ASSETS

Tangible assets

4

6,371

94,933

Investments

5

9,053,574

8,100,920

Investment property

6

1,165,610

1,165,610

10,225,555

9,361,463

CURRENT ASSETS

Debtors

7

1,440,947

1,925,527

Cash at bank

2,092,812

2,356,384

3,533,759

4,281,911

CREDITORS

Amounts falling due within one year

8

1,646,019

2,626,409

NET CURRENT ASSETS

1,887,740

1,655,502

TOTAL ASSETS LESS CURRENT LIABILITIES

12,113,295

11,016,965

PROVISIONS FOR LIABILITIES

9

388,951

318,869

NET ASSETS

11,724,344

10,698,096

CAPITAL AND RESERVES

Called up share capital

10

41

41

Share premium

303,028

303,028

Fair value reserve

1,167,879

902,381

Retained earnings

10,253,396

9,492,646

SHAREHOLDERS' FUNDS

11,724,344

10,698,096

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 27 October 2025 and were signed on its behalf by:

Mr J N D Stelzer - Director

1.	STATUTORY INFORMATION

Silver Cloud Ventures Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

Turnover

Turnover represents income from various investments.

Tangible fixed assets

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

Fixtures and fittings

-

25% on cost

Motor vehicles

-

15% on reducing balance

Computer equipment

-

25% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year 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 year 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

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.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

15,643

130,589

6,862

153,094

Additions

-

-

2,547

2,547

Disposals

-

(127,555

)

-

(127,555

)

At 31 March 2025

15,643

3,034

9,409

28,086

DEPRECIATION

At 1 April 2024

12,292

44,153

1,716

58,161

Charge for year

3,351

759

2,093

6,203

Eliminated on disposal

-

(42,649

)

-

(42,649

)

At 31 March 2025

15,643

2,263

3,809

21,715

NET BOOK VALUE

At 31 March 2025

-

771

5,600

6,371

At 31 March 2024

3,351

86,436

5,146

94,933

5.	FIXED ASSET INVESTMENTS

31.3.25

31.3.24

£

£

Other investments not loans

9,053,574

8,100,920

Additional information is as follows:

Listed

Unlisted

investments

investments

Totals

£

£

£

COST OR VALUATION

At 1 April 2024

5,026,336

1,251,507

6,277,843

Additions

1,212,185

103,586

1,315,771

Disposals

(627,655

)

-

(627,655

)

Revaluations

264,538

-

264,538

At 31 March 2025

5,875,404

1,355,093

7,230,497

NET BOOK VALUE

At 31 March 2025

5,875,404

1,355,093

7,230,497

At 31 March 2024

5,026,336

1,251,507

6,277,843

Cost or valuation at 31 March 2025 is represented by:

Listed

Unlisted

investments

investments

Totals

£

£

£

Valuation in 2025

832,106

725,065

1,557,171

Cost

5,043,298

630,028

5,673,326

5,875,404

1,355,093

7,230,497

Investments (neither listed nor unlisted) were as follows:

31.3.25

31.3.24

£

£

Investment in subsidiaries

1,823,077

2,041,839

Investment in subsidiaries

-

(218,762

)

1,823,077

1,823,077

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Racemoor Ltd

Registered office: 19 Holne Chase, London, N2 0QL

Nature of business: Property development and trading

%

Class of shares:

holding

Ordinary

100.00

31.3.25

31.3.24

£

£

Aggregate capital and reserves

1,226,692

1,217,293

Profit for the year

9,399

30,338

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

1,165,610

NET BOOK VALUE

At 31 March 2025

1,165,610

At 31 March 2024

1,165,610

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

5,000

33,203

Amounts owed by group undertakings

14,036

4,154

Other debtors

1,368,217

1,812,159

Prepayments and accrued income

53,694

76,011

1,440,947

1,925,527

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Amounts owed to group undertakings

593,467

1,254,563

Tax

159,650

272,772

Social security and other taxes

4,397

2,730

VAT

8,617

13,654

Other creditors

128,257

148,960

Directors' current accounts

698,827

880,926

Accruals and deferred income

52,804

52,804

1,646,019

2,626,409

9.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

388,951

318,869

Deferred

tax

£

Balance at 1 April 2024

318,869

Provided during year

70,082

Balance at 31 March 2025

388,951

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

4

A Ordinary

£1

4

4

1

B Ordinary

£1

1

1

11

C Ordinary

£1

11

11

11

D Ordinary

£1

11

11

11

E Ordinary

£1

11

11

1

E1 Ordinary

£1

1

1

1

D1 Ordinary

£1

1

1

1

C1 Ordinary

£1

1

1

41

41

11.	TRANSACTIONS WITH DIRECTORS

At the balance sheet date the company owed the directors £698,827 (2024: £880,926).

12.	RELATED PARTY DISCLOSURES

At the balance sheet date the company was owed £9,881(2024: owed £661,0959) by Oldsilver LLP, owed £593,467 (2024: £593,467) to Racemoor Ltd and was owed £4,155 (2024: £4,155) by AEJ Investments Ltd.

13.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr J N D Stelzer.