| REGISTERED NUMBER: |
| Report of the Director and |
| Unaudited Financial Statements for the Year Ended 31 March 2025 |
| for |
| Silvertide Limited |
| REGISTERED NUMBER: |
| Report of the Director and |
| Unaudited Financial Statements for the Year Ended 31 March 2025 |
| for |
| Silvertide Limited |
| Silvertide Limited (Registered number: 03442469) |
| Contents of the Financial Statements |
| for the Year Ended 31 March 2025 |
| Page |
| Company Information | 1 |
| Report of the Director | 2 |
| Statement of Income and Retained Earnings | 3 |
| Balance Sheet | 4 |
| Notes to the Financial Statements | 5 |
| Silvertide Limited |
| Company Information |
| for the Year Ended 31 March 2025 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| P O Box 583 |
| Maids Moreton |
| Buckingham |
| Buckinghamshire |
| MK18 1TQ |
| Silvertide Limited (Registered number: 03442469) |
| Report of the Director |
| for the Year Ended 31 March 2025 |
| The director presents his report with the financial statements of the company for the year ended 31 March 2025. |
| PRINCIPAL ACTIVITY |
| The principal activity of the company in the year under review was that of Buying and Selling Real Estate and Forestry together with Timber and Woodland Trading |
| DIRECTOR |
| This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies. |
| ON BEHALF OF THE BOARD: |
| Silvertide Limited (Registered number: 03442469) |
| Statement of Income and Retained Earnings |
| for the Year Ended 31 March 2025 |
| 31.3.25 | 31.3.24 |
| Notes | £ | £ |
| TURNOVER |
| Cost of sales | ( |
) | ( |
) |
| GROSS LOSS | ( |
) | ( |
) |
| Administrative expenses | ( |
) | ( |
) |
| (120,906 | ) | (96,664 | ) |
| Other operating income |
| OPERATING LOSS | 4 | ( |
) | ( |
) |
| Interest receivable and similar income |
| (105,671 | ) | (81,779 | ) |
| Interest payable and similar expenses | ( |
) | ( |
) |
| LOSS BEFORE TAXATION | ( |
) | ( |
) |
| Tax on loss |
| LOSS FOR THE FINANCIAL YEAR | ( |
) | ( |
) |
| Retained earnings at beginning of year |
| Dividends | ( |
) | ( |
) |
| RETAINED EARNINGS AT END OF YEAR |
| Silvertide Limited (Registered number: 03442469) |
| Balance Sheet |
| 31 March 2025 |
| 31.3.25 | 31.3.24 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 5 |
| Investments | 6 |
| CURRENT ASSETS |
| Debtors | 7 |
| Investments | 8 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 9 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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 were approved by the director and authorised for issue on |
| Silvertide Limited (Registered number: 03442469) |
| Notes to the Financial Statements |
| for the Year Ended 31 March 2025 |
| 1. | STATUTORY INFORMATION |
| Silvertide Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| 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 |
| Investments in subsidiaries |
| Investments in subsidiary undertakings are recognised at cost. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | OPERATING LOSS |
| The operating loss is stated after charging: |
| 31.3.25 | 31.3.24 |
| £ | £ |
| Depreciation - owned assets |
| Silvertide Limited (Registered number: 03442469) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2025 |
| 5. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1 April 2024 |
| Additions |
| Disposals | ( |
) |
| At 31 March 2025 |
| DEPRECIATION |
| At 1 April 2024 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31 March 2025 |
| NET BOOK VALUE |
| At 31 March 2025 |
| At 31 March 2024 |
| 6. | FIXED ASSET INVESTMENTS |
| Shares in |
| group |
| undertakings |
| £ |
| COST |
| At 1 April 2024 |
| and 31 March 2025 |
| NET BOOK VALUE |
| At 31 March 2025 |
| At 31 March 2024 |
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.3.25 | 31.3.24 |
| £ | £ |
| Other debtors |
| 8. | CURRENT ASSET INVESTMENTS |
| 31.3.25 | 31.3.24 |
| £ | £ |
| Other |
| Silvertide Limited (Registered number: 03442469) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2025 |
| 9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.3.25 | 31.3.24 |
| £ | £ |
| Trade creditors | ( |
) | ( |
) |
| Taxation and social security |
| Other creditors |
| 10. | RELATED PARTY DISCLOSURES |
| MR B JACKSON-GEE |
| Included in Debtors is an amount of £379,488 (2024 £429,957) due from Mr Jackson-Gee a Director and Shareholder in the Company. Interest is being charged on the loan using the H M Revenue and Customs official rate. Repayments of £100,000 were received during this year and further repayments are anticipated subsequent to the approval of these financial statements. |
| HAYSOM INTERNATIONAL LIMITED |
| Included in Current Asset Investments is an amount of £206,075 (2024 £160,118) due from Haysom International Limited a Company also owned by Mr Jackson-Gee and of which he is also a Director. The loan is interest free, unsecured and repayable on demand |
| HAYSOM LAND LIMITED |
| Included in Current Asset Investments ia an amount of £90,000 (2024 - £90,046) due from Haysom Land Limited a 99% owned subsidiary Company. The loan is interest free, unsecured and repayable on demand |
| HAYSOM FINANCE LIMITED |
| Included in Current Asset Investments ia an amount of £20,000 (2024 - £20,000) due from Haysom Finance Limited a 99% owned subsidiary Company. The loan is interest free, unsecured and repayable on demand |
| BOMBAY RACING LIMITED |
| Included in Current Asset Investments is an amount of £2,879 (2024 - £2,154) due from Bombay Racing Limited a Company of which Mr Jackson-Gee is also a Director. |
| Included in Current Asset investments is an amount of £838 (2024 £304) due from Land-Ban Limited a Company of which Mr Jackson-Gee is also a Director |