REGISTERED NUMBER: 08330050 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

SILVER SUNSET SUBSIDIARY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms T M Archard

T Archard

REGISTERED OFFICE:

Carlton House

28-29 Carlton Terrace

East Sussex

BN41 1UR

REGISTERED NUMBER:

08330050 (England and Wales)

ACCOUNTANTS:

MDJ Services Limited

Haines & Co Accountants

Carlton House

28-29 Carlton Terrace

Portslade

Brighton

BN41 1UR

FIXED ASSETS

Intangible assets

4

6,000

8,000

Tangible assets

5

14,382

16,257

Investment property

6

180,000

178,183

200,382

202,440

CURRENT ASSETS

Stocks

140,000

130,000

Debtors

7

3,850

4,817

Cash at bank and in hand

4,509

16,986

148,359

151,803

CREDITORS

Amounts falling due within one year

8

62,631

79,582

NET CURRENT ASSETS

85,728

72,221

TOTAL ASSETS LESS CURRENT LIABILITIES

286,110

274,661

CREDITORS

Amounts falling due after more than one year

9

(8,980

)

-

PROVISIONS FOR LIABILITIES

(3,061

)

-

NET ASSETS

274,069

274,661

CAPITAL AND RESERVES

Called up share capital

1

1

Fair value reserve

10

1,472

-

Retained earnings

272,596

274,660

274,069

274,661

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 17 December 2025 and were signed on its behalf by:

T Archard - Director

1.	STATUTORY INFORMATION

Silver Sunset Subsidiary 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.

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 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 2024, is being amortised evenly over its estimated useful life of five 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.

Short leasehold

-

over the remainder of the lease term

Fixtures and fittings

-

20% on cost

Computer equipment

-

25% on reducing balance

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.

Stocks

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

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

10,000

AMORTISATION

At 1 April 2024

2,000

Charge for year

2,000

At 31 March 2025

4,000

NET BOOK VALUE

At 31 March 2025

6,000

At 31 March 2024

8,000

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

and

Computer

leasehold

fittings

equipment

Totals

£

£

£

£

COST OR VALUATION

At 1 April 2024

and 31 March 2025

13,132

5,000

887

19,019

DEPRECIATION

At 1 April 2024

875

1,000

887

2,762

Charge for year

875

1,000

-

1,875

At 31 March 2025

1,750

2,000

887

4,637

NET BOOK VALUE

At 31 March 2025

11,382

3,000

-

14,382

At 31 March 2024

12,257

4,000

-

16,257

Cost or valuation at 31 March 2025 is represented by:

Fixtures

Short

and

Computer

leasehold

fittings

equipment

Totals

£

£

£

£

Cost

13,132

5,000

887

19,019

If Investment Property had not been revalued it would have been included at the following historical cost:

31.3.25

31.3.24

£

£

Cost

178,183

-

Investment property was valued on an open marked basis on by the Director .

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

178,183

Revaluations

1,817

At 31 March 2025

180,000

NET BOOK VALUE

At 31 March 2025

180,000

At 31 March 2024

178,183

Fair value at 31 March 2025 is represented by:

£

Valuation in 2025

1,817

Cost

178,183

180,000

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

31.3.25

31.3.24

£

£

Cost

178,183

-

Investment property was valued on an open market basis on by the Director .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

3,850

3,850

Tax

-

967

3,850

4,817

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

4,842

-

Trade creditors

64

-

Tax

3,126

1,457

VAT

669

-

Other creditors

41,858

66,104

Directors' current accounts

10,633

11,422

Accrued expenses

1,439

599

62,631

79,582

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans - 1-2 years

5,050

-

Bank loans - 2-5 years

3,930

-

8,980

-

10.

RESERVES

Fair

value

reserve

£

Transfer between reserves

1,472

At 31 March 2025

1,472