Company No: 05350858 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	F Hunt
	M Hunt

SECRETARY

M Hunt

REGISTERED OFFICE	Wey Court West
	Union Road
	Farnham
	Surrey
	United Kingdom
	GU9 7PT
	United Kingdom

COMPANY NUMBER

05350858 (England and Wales)

ACCOUNTANT	Shaw Gibbs Limited
	Wey Court West
	Union Road
	Farnham
	Surrey
	GU9 7PT

	Note	28.02.2025		29.02.2024
		£		£
Fixed assets
Tangible assets	3	2,979		478
		2,979		478
Current assets
Debtors	4	8,028		6,675
Cash at bank and in hand	5	105,907		121,311
		113,935		127,986
Prepayments and accrued income		23,517		24,450
Creditors: amounts falling due within one year	6	( 108,115)		( 132,414)
Net current assets		29,337		20,022
Total assets less current liabilities		32,316		20,500
Accruals and deferred income		( 1,801)		( 1,700)
Net assets		30,515		18,800
Capital and reserves
Called-up share capital	7	100		100
Profit and loss account		30,415		18,700
Total shareholders' funds		30,515		18,800

For the financial year ending 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 financial statements for the financial year 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 financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Silver Rivers Limited (registered number: 05350858) were approved and authorised for issue by the Board of Directors on 10 November 2025. They were signed on its behalf by:

M Hunt Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Silver Rivers Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Wey Court West, Union Road, Farnham, Surrey, United Kingdom, GU9 7PT, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will from to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

<em><strong>Rendering of services<strong><em>

Revenue from a contract to provide services is recognised in the period in which the services are provided in
accordance with the stage of completion of the contract when all of the following conditions are satisfied:
- the amount of revenue can be measured reliably;
- it is probable that the company will receive the consideration due under the contract;
- the stage of completion of the contract at the end of the reporting period can be measured reliably; and
- the costs incurred and the costs to complete the contract can be measured reliably.

Taxation

Current tax
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.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery	3 years straight line
Vehicles	4 years straight line
Fixtures and fittings	3 years straight line

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

2. Employees

	28.02.2025		29.02.2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	4		4

3. Tangible assets

	Plant and machinery		Vehicles		Fixtures and fittings		Total
	£		£		£		£
Cost
At 01 March 2024	3,468		97,900		2,102		103,470
Additions	0		3,550		0		3,550
At 28 February 2025	3,468		101,450		2,102		107,020
Accumulated depreciation
At 01 March 2024	2,990		97,900		2,102		102,992
Charge for the financial year	383		666		0		1,049
At 28 February 2025	3,373		98,566		2,102		104,041
Net book value
At 28 February 2025	95		2,884		0		2,979
At 29 February 2024	478		0		0		478

4. Debtors

	28.02.2025		29.02.2024
	£		£
Trade debtors	1,050		6,215
VAT recoverable	6,978		0
Other debtors	0		460
	8,028		6,675

5. Cash and cash equivalents

	28.02.2025		29.02.2024
	£		£
Cash at bank and in hand	5,521		877
Short-term deposits	100,386		120,434
	105,907		121,311

6. Creditors: amounts falling due within one year

	28.02.2025		29.02.2024
	£		£
Trade creditors	27,710		8,908
Amounts owed to directors	70,347		114,755
Taxation and social security	9,198		8,751
Other creditors	860		0
	108,115		132,414

7. Called-up share capital

	28.02.2025		29.02.2024
	£		£
Allotted, called-up and fully-paid
100 A ordinary shares of £ 1.00 each	100		100