SILVER CURVE LIMITED


Directors	CROTAZ, Bryan
	CROTAZ, Barry Leonard


Registered Address	18 Boxgrove Road
	Guildford
	GU1 2NF


Registered Number	07213545 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		-		632,781
Tangible assets	4		51		104
			51		632,885
Current assets
Debtors	5	34,897		47,530
Cash at bank and on hand		44,486		-
		79,383		47,530
Creditors amounts falling due within one year	6	(178,577)		(178,190)
Net current assets (liabilities)			(99,194)		(130,660)
Total assets less current liabilities			(99,143)		502,225
Creditors amounts falling due after one year	7		-		(34,869)
Provisions for liabilities			-		(85,854)
Net assets			(99,143)		381,502
Capital and reserves
Called up share capital			1,314		1,314
Share premium			664,087		664,087
Profit and loss account			(764,544)		(283,899)
Shareholders' funds			(99,143)		381,502

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 31 December 2025, and are signed on its behalf by:

CROTAZ, Bryan
Director
Registered Company No. 07213545

SILVER CURVE LIMITED

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard. The financial statements have been prepared on the going concern basis, which the directors consider to be appropriate, as they have agreed not to withdraw their loan accounts and to provide the necessary finance to enable the company to meet its liabilities as they fall due.

Statement of compliance

The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

The financial statements have been prepared on the going concern basis, which the directors consider to be appropriate, as they have agreed not to withdraw their loan accounts and to provide the necessary finance to enable the company to meet its liabilities as they fall due.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover represents sales of licenced software systems together with the provision of advisory and support services in the application of digital media performed during the year.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Deferred tax
	Deferred tax was recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are no longer recognised as they will not be recovered against the reversal of deferred tax liabilities or other future taxable profits as the company is due to be closed on 31 January 2026.

Deferred tax

Deferred tax was recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are no longer recognised as they will not be recovered against the reversal of deferred tax liabilities or other future taxable profits as the company is due to be closed on 31 January 2026.

	Intangible assets
	Up until 31 Mar 2024 the value of intangible assets represented the expenditure by the company on licensable software systems, less historic accumulated amortisation and adjusted to reflect, in the opinion of the directors, their future realisable value. The directors took the decision to freeze the valuation of intangible assets at £500,000 in the financial year ending 31 March 2021. On reviewing this in the financial years ending 31 March 2022, 31 Mar 2023 and 31 Mar 2024 the directors decided to halt amortisation on intangible assets and thereby maintain the said freeze. In the current year the decison was taken to wind up the company around 31 January 2026 and so it was decided to amortise these assets in full to reflect, in the opinion of the directors, their future realisable value bringing the total to a book value of £0.

Intangible assets

Up until 31 Mar 2024 the value of intangible assets represented the expenditure by the company on licensable software systems, less historic accumulated amortisation and adjusted to reflect, in the opinion of the directors, their future realisable value. The directors took the decision to freeze the valuation of intangible assets at £500,000 in the financial year ending 31 March 2021. On reviewing this in the financial years ending 31 March 2022, 31 Mar 2023 and 31 Mar 2024 the directors decided to halt amortisation on intangible assets and thereby maintain the said freeze. In the current year the decison was taken to wind up the company around 31 January 2026 and so it was decided to amortise these assets in full to reflect, in the opinion of the directors, their future realisable value bringing the total to a book value of £0.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows: Office Equipment 33.33% on cost

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Intangible assets

		Total
		£
	Cost or valuation
	At 01 April 24	1,007,429
	At 31 March 25	1,007,429
	Amortisation and impairment
	At 01 April 24	374,648
	Charge for year	632,781
	At 31 March 25	1,007,429
	Net book value
	At 31 March 25	-
	At 31 March 24	632,781

4.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 April 24	23,424
	At 31 March 25	23,424
	Depreciation and impairment
	At 01 April 24	23,320
	Charge for year	53
	At 31 March 25	23,373
	Net book value
	At 31 March 25	51
	At 31 March 24	104

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	34,897	47,255
Other debtors	-	275
Total	34,897	47,530


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	1,597	60,642
Bank borrowings and overdrafts	34,869	14,976
Taxation and social security	17,018	5,685
Other creditors	125,093	96,887
Total	178,577	178,190


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	-	34,869
Total	-	34,869


	Long term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.