REGISTERED NUMBER: 06057718 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2025

for

Silver Paisa Limited

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

37,947

26,223

Investment property

6

2,905,110

2,905,110

2,943,057

2,931,333

CURRENT ASSETS

Debtors

7

-

124,596

Cash at bank

6,563

1,197

6,563

125,793

CREDITORS

Amounts falling due within one year

8

321,884

332,465

NET CURRENT LIABILITIES

(315,321

)

(206,672

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,627,736

2,724,661

CREDITORS

Amounts falling due after more than one year

9

(1,034,350

)

(977,711

)

PROVISIONS FOR LIABILITIES

(1,151

)

(1,151

)

NET ASSETS

1,592,235

1,745,799

CAPITAL AND RESERVES

Called up share capital

2

2

Revaluation reserve

10

1,808,273

1,808,273

Retained earnings

(216,040

)

(62,476

)

1,592,235

1,745,799

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 1 December 2025 and were signed by:

J M Shah - Director

1.	STATUTORY INFORMATION

Silver Paisa Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

06057718

Registered office:

23 Powderham Drive

Cardiff

United Kingdom

CF11 8ND

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.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

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.

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 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2024

and 30 April 2025

54,000

AMORTISATION

At 1 May 2024

and 30 April 2025

54,000

NET BOOK VALUE

At 30 April 2025

-

At 30 April 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 May 2024

55,883

201,855

20,800

1,243

279,781

Additions

-

-

23,550

-

23,550

Disposals

-

-

-

1

1

At 30 April 2025

55,883

201,855

44,350

1,244

303,332

DEPRECIATION

At 1 May 2024

55,598

192,986

3,900

1,074

253,558

Charge for year

285

3,282

8,090

170

11,827

At 30 April 2025

55,883

196,268

11,990

1,244

265,385

NET BOOK VALUE

At 30 April 2025

-

5,587

32,360

-

37,947

At 30 April 2024

285

8,869

16,900

169

26,223

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 May 2024

and 30 April 2025

2,999,550

DEPRECIATION

At 1 May 2024

and 30 April 2025

94,440

NET BOOK VALUE

At 30 April 2025

2,905,110

At 30 April 2024

2,905,110

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Other debtors

-

124,596

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans and overdrafts

83,293

96,136

Hire purchase contracts

6,027

1,628

Taxation and social security

33,128

33,126

Other creditors

199,436

201,575

321,884

332,465

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans

1,005,568

961,707

Hire purchase contracts

28,782

16,004

1,034,350

977,711

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,005,568

961,707

10.

RESERVES

Revaluation

reserve

£

At 1 May 2024

and 30 April 2025

1,808,273