REGISTERED NUMBER: 06882012 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

SILKSTONE PROPERTY INVESTMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr E G Rigby

Ms F A Newbould

REGISTERED OFFICE:

12 Victoria Road

Barnsley

South Yorkshire

S70 2BB

REGISTERED NUMBER:

06882012 (England and Wales)

ACCOUNTANTS:

Gibson Booth Limited

12 Victoria Road

Barnsley

South Yorkshire

S70 2BB

BANKERS:

Svenska Handelsbanken

1st Floor

Copia House

Dodworth

Barnsley

S75 3SP

FIXED ASSETS

Tangible assets

4

3,000

5,778

Investment property

5

1,787,000

2,027,000

1,790,000

2,032,778

CURRENT ASSETS

Debtors

6

1,677

1,155

Cash at bank

181,778

18,740

183,455

19,895

CREDITORS

Amounts falling due within one year

7

71,795

56,586

NET CURRENT ASSETS/(LIABILITIES)

111,660

(36,691

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,901,660

1,996,087

CREDITORS

Amounts falling due after more than one year

8

840,000

940,000

NET ASSETS

1,061,660

1,056,087

CAPITAL AND RESERVES

Called up share capital

10

101

101

Revaluation reserve

932,779

1,040,607

Retained earnings

128,780

15,379

SHAREHOLDERS' FUNDS

1,061,660

1,056,087

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 11 December 2025 and were signed on its behalf by:

Mr E G Rigby - Director

1.	STATUTORY INFORMATION

Silkstone Property Investments 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 financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound.

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.

Significant judgements and estimates

No judgements have been made in the process of applying the below accounting policies that have had the most significant effect on amounts recognised in the financial statements.

There are no key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Turnover

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

Tangible fixed assets

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

Motor vehicles

-

25% on reducing balance

Equipment

-

33% on cost

Investment property

Investment properties for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value 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.

Other operating income

Other operating income represents rent receivable, net of VAT. Income is recognised on an accrual basis by reference to the rental contracts.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

Equipment

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

8,000

3,500

11,500

DEPRECIATION

At 1 April 2024

3,000

2,722

5,722

Charge for year

2,000

778

2,778

At 31 March 2025

5,000

3,500

8,500

NET BOOK VALUE

At 31 March 2025

3,000

-

3,000

At 31 March 2024

5,000

778

5,778

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

2,027,000

Disposals

(240,000

)

At 31 March 2025

1,787,000

NET BOOK VALUE

At 31 March 2025

1,787,000

At 31 March 2024

2,027,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2020

1,787,000

If investment property had not been revalued it would have been included at the following historical cost:

31.3.25

31.3.24

£

£

Cost

854,221

986,393

Investment property was valued on an open market basis on 31 March 2020 by Allsop LLP .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Prepayments and accrued income

1,677

1,155

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Amounts owed to group undertakings

7,062

23,768

Corporation tax

34,211

2,242

Other creditors

1,914

431

Directors' loan accounts

-

1,638

Accruals and deferred income

28,608

28,507

71,795

56,586

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

840,000

940,000

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank loans

840,000

940,000

There is a cross guarantee for banking facilities with Silkstone Developments Ltd.

10.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

48

Ordinary Class A shares

£1

48

48

25

Ordinary Class B shares

£1

25

25

26

Ordinary Class C shares

£1

26

26

2

Ordinary Class D shares

£1

2

2

101

101

11.	RELATED PARTY DISCLOSURES

The director has a personal guarantee against banking facilities.

12.	ULTIMATE CONTROLLING PARTY

The ultimate parent undertaking is Silkstone Developments Limited.

The parent company's registered office address is:

12 Victoria Road

Barnsley

South Yorkshire

S70 2BB