IRIS Accounts Production v25.4.0.155 11201311 Board of Directors 1.3.24 28.2.25 28.2.25 0 0 false true false false true false 5267 3877 1950 1390 7217 5267 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 11201311 2024-02-29 11201311 2025-02-28 11201311 2024-03-01 2025-02-28 11201311 2023-02-28 11201311 2023-03-01 2024-02-29 11201311 2024-02-29 11201311 ns15:EnglandWales 2024-03-01 2025-02-28 11201311 ns14:PoundSterling 2024-03-01 2025-02-28 11201311 ns10:Director1 2024-03-01 2025-02-28 11201311 ns10:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 11201311 ns10:SmallEntities 2024-03-01 2025-02-28 11201311 ns10:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 11201311 ns10:SmallCompaniesRegimeForDirectorsReport 2024-03-01 2025-02-28 11201311 ns10:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 11201311 ns10:FullAccounts 2024-03-01 2025-02-28 11201311 42 ns10:Director2 2024-02-29 11201311 42 ns10:Director2 2023-02-28 11201311 42 ns10:Director2 2024-03-01 2025-02-28 11201311 42 ns10:Director2 2023-03-01 2024-02-29 11201311 42 ns10:Director2 2025-02-28 11201311 42 ns10:Director2 2024-02-29 11201311 ns10:Director2 2024-03-01 2025-02-28 11201311 ns10:RegisteredOffice 2024-03-01 2025-02-28 11201311 ns5:CurrentFinancialInstruments 2025-02-28 11201311 ns5:CurrentFinancialInstruments 2024-02-29 11201311 ns5:ShareCapital 2025-02-28 11201311 ns5:ShareCapital 2024-02-29 11201311 ns5:RetainedEarningsAccumulatedLosses 2025-02-28 11201311 ns5:RetainedEarningsAccumulatedLosses 2024-02-29 11201311 ns5:CostValuation 2025-02-28 11201311 ns10:Director1 1 2024-02-29 11201311 ns10:Director1 1 2023-02-28 11201311 ns10:Director1 1 2024-03-01 2025-02-28 11201311 ns10:Director1 1 2023-03-01 2024-02-29 11201311 ns10:Director1 1 2025-02-28 11201311 ns10:Director1 1 2024-02-29

REGISTERED NUMBER: 11201311 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

SILVERSAIL LTD

| SILVERSAIL LTD (REGISTERED NUMBER: 11201311) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| SILVERSAIL LTD |

COMPANY INFORMATION

FOR THE YEAR ENDED 28 FEBRUARY 2025

| DIRECTORS: | A R Fell

| Mrs H Fell

| REGISTERED OFFICE: | Dalmar House

| Barras Lane Estate

| Dalston

| Carlisle

| Cumbria

| CA5 7NY

| REGISTERED NUMBER: | 11201311 (England and Wales)

| ACCOUNTANTS: | RfM Preston Ltd

| Chartered Accountants

| Unit 1, Guest House Farm

| Runshaw Lane

| Euxton

| Chorley

| Lancashire

| PR7 6HD

| SILVERSAIL LTD (REGISTERED NUMBER: 11201311) |

BALANCE SHEET

28 FEBRUARY 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Investments | 4 | 20 |  | 20 |  |

CURRENT ASSETS

Cash at bank | 12,184 |  | 11,044 |  |

CREDITORS

Amounts falling due within one year | 5 | 12,172 |  | 6,201 |  |

NET CURRENT ASSETS | 12 |  | 4,843 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 32 |  | 4,863 |  |

CAPITAL AND RESERVES

Called up share capital | 2 |  | 2 |  |

Retained earnings | 30 |  | 4,861 |  |

SHAREHOLDERS' FUNDS | 32 |  | 4,863 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 8 January 2026 and were signed on its behalf by:

A R Fell - Director

| SILVERSAIL LTD (REGISTERED NUMBER: 11201311) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

1. | STATUTORY INFORMATION

| Silversail Ltd 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.

| TURNOVER

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

| INVESTMENTS IN ASSOCIATES

| Investments in associate undertakings are recognised at cost.

3. | EMPLOYEES AND DIRECTORS

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

4. | FIXED ASSET INVESTMENTS

| Interest

| in

| associate

£ |

| COST

| At 1 March 2024

| and 28 February 2025 | 20 |  |

| NET BOOK VALUE

| At 28 February 2025 | 20 |  |

| At 29 February 2024 | 20 |  |

5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Corporation tax | 4,185 |  | 64 |  |

| Directors' current accounts | 7,217 |  | 5,267 |  |

| Accruals and deferred income | 770 |  | 870 |  |

12,172 |  | 6,201 |  |

| SILVERSAIL LTD (REGISTERED NUMBER: 11201311) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 28 FEBRUARY 2025

6. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to directors subsisted during the years ended 28 February 2025 and 29 February 2024:

2025 | 2024 |

£ | £ |

| A R Fell and Mrs H Fell

| Balance outstanding at start of year | (5,267 | ) | (3,877 | ) |

| Amounts repaid | (1,950 | ) | (1,390 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | (7,217 | ) | (5,267 | ) |

| No interest is charged.