2024-04-01 SC626493 2025-03-31 SC626493 2024-04-01 2025-03-31 SC626493 2024-03-31 SC626493 2023-04-01 2024-03-31 SC626493 uk-core:WithinOneYear 2024-03-31 SC626493 uk-core:WithinOneYear 2025-03-31 SC626493 uk-core:AfterOneYear 2024-03-31 SC626493 uk-core:AfterOneYear 2025-03-31 SC626493 uk-core:ShareCapital 2025-03-31 SC626493 uk-core:ShareCapital 2024-03-31 SC626493 uk-core:RetainedEarningsAccumulatedLosses 2025-03-31 SC626493 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 SC626493 uk-bus:Director1 2024-04-01 2025-03-31 SC626493 uk-core:ComputerEquipment 2024-04-01 2025-03-31 SC626493 uk-core:WithinOneYear 2025-03-31 SC626493 uk-core:WithinOneYear 2024-03-31 SC626493 uk-core:WithinOneYear 2024-04-01 2025-03-31 SC626493 uk-core:AfterOneYear uk-core:Secured 2025-03-31 SC626493 uk-core:AfterOneYear uk-core:Secured 2024-03-31 iso4217:GBP xbrli:pure SC626493 uk-bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 SC626493 uk-bus:FRS102 2024-04-01 2025-03-31 SC626493 uk-bus:FilletedAccounts 2024-04-01 2025-03-31 SC626493 uk-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31

Royal Mile Silver Ltd

Registered Number:SC 626493

For the year ended 31 March 2025
Scotland
Unaudited Financial Statements

2
For the year ended 31 March 2025
Royal Mile Silver Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3

Registered Number :

SC626493

As at 31 March 2025

Royal Mile Silver Ltd
Statement of Financial Position

£

£

2024
2025

Notes

Fixed assets

Property, plant and equipment

10,171
4,944
2
10,171
4,944

Current assets

Inventories

3,500
25,000
3

Trade and other receivables

831
53,341
4
202,426

Cash and cash equivalents

112,683
191,024
206,757

Trade and other payables: amounts falling due within one
year

(64,233)
(54,313)
5
142,524
136,711
Net current assets

Total assets less current liabilities

146,882
147,468

Trade and other payables: amounts falling due after more
than one year

(29,145)
(26,124)
6
120,758
Net assets
118,323

Capital and reserves

Called up share capital

1
1

Retained earnings

120,757
118,322
120,758
118,323
Shareholders' funds

For the year ended 31 March 2025 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.

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 director acknowledges her responsibilities for:a) ensuring that the company keeps proper 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 Section
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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Ms Chandra Mather Director

These financial statements were approved and authorised for issue by the Board on 25 June 2025 and were signed by:

1 of 5
4

Registered Number :

SC626493

For the year ended 31 March 2025
Royal Mile Silver Ltd
Statement of Financial Position Continued

The notes form part of these financial statements

2 of 5
5
For the year ended 31 March 2025
Royal Mile Silver Ltd
Notes to the Financial Statements
Statutory Information

Royal Mile Silver Ltd is a private limited company, limited by shares, domiciled in Scotland, registration number
SC 626493.

Registered address:

25/1 Mount Lodge Place
Edinburgh
Lothian
EH15 2AD

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1 A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.

Property, plant and equipment

Property, plant and equipment, 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:

20% Straight line

Computer Equipment
Government grants

Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.

Inventories

Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.

3 of 5
6
For the year ended 31 March 2025
Royal Mile Silver Ltd
Notes to the Financial Statements Continued

2. Property, plant and equipment

Computer
Equipment

£

Cost or
valuation

At 01 April 2024

9,873
8,275

Additions

Disposals

(2,204)

At 31 March 2025

15,944

Provision for depreciation and impairment

At 01 April 2024

4,929
Charge for year
2,644
(1,800)

On disposal

At 31 March 2025

5,773

At 31 March 2025

Net book value

10,171

At 31 March 2024

4,944

3. Inventories

2024
2025

£

£

Stocks

25,000
3,500

4. Trade and other receivables

2024
2025

£

£

Other debtors

53,341
831

Short-term debtors are measured at fair value at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and measured subsequently at amortised cost using the effective interest method, less any impairment.

4 of 5
7
For the year ended 31 March 2025
Royal Mile Silver Ltd
Notes to the Financial Statements Continued

5. Trade and other payables: amounts falling due within one year

2024
2025

£

£

Bank loans and overdraft

5,819
5,625

Taxation and social security

9,800
19,084

Other creditors

38,694
39,524
54,313
64,233

Short-term creditors are measured at the transaction price. Other financial laibilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

6. Trade and other payables: amounts falling due after more than one year

2024
2025

£

£

Bank loans and overdraft

26,124
29,145

7. Average number of persons employed

During the year the average number of employees was 8 (2024 : 5)
5 of 5