Silverstream (UK) Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 03527084

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	3		212,597		281,327
Investment Properties	4		5,320,000		5,320,000
Investments	5		25,850		25,850

			5,558,447		5,627,177
CURRENT ASSETS
Stocks	6	-		415,000
Debtors	7	313,220		331,399
Cash at bank and in hand		945,037		568,297

		1,258,257		1,314,696
Creditors: Amounts Falling Due Within One Year	8	(111,554 )		(55,433 )

NET CURRENT ASSETS (LIABILITIES)			1,146,703		1,259,263

TOTAL ASSETS LESS CURRENT LIABILITIES			6,705,150		6,886,440

NET ASSETS			6,705,150		6,886,440

CAPITAL AND RESERVES
Called up share capital			100		100
Revaluation reserve	9		1,207,106		1,207,106
Profit and Loss Account			5,497,944		5,679,234

SHAREHOLDERS' FUNDS			6,705,150		6,886,440

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Silverstream (UK) Limited

Balance Sheet (continued)

As At 31 July 2025

For the year ending 31 July 2025 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

T R Gray

Director

22nd April 2026

The notes on pages 3 to 6 form part of these financial statements.

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

1.2. Turnover

Turnover represents rental income receivable from investment properties in the ordinary course of the company’s activities, stated net of value added tax.

Rental Income

Rental income from investment properties let under operating leases is recognised on a straight-line basis over the term of the lease, in accordance with the lease agreements.

Lease incentives granted, including rent-free periods and other inducements, are recognised as a reduction of rental income and are spread over the lease term on a straight-line basis.

1.3. Intangible Fixed Assets and Amortisation - Other Intangible

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment loss.

Cryptocurrency are being amortised evenly over their estimated useful life of nil years.

1.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% on reducing balance
Motor Vehicles	25% on reducing balance
Computer Equipment	25% on reducing balance

1.5. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

1.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

1.7. Taxation

Corporation tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Silverstream (UK) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

1.7. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

3. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 August 2024	18,883	326,259	84,598	429,740
Additions	-	-	1,928	1,928

As at 31 July 2025	18,883	326,259	86,526	431,668

Depreciation
As at 1 August 2024	16,633	81,423	50,357	148,413
Provided during the period	563	61,209	8,886	70,658

As at 31 July 2025	17,196	142,632	59,243	219,071

Net Book Value
As at 31 July 2025	1,687	183,627	27,283	212,597

As at 1 August 2024	2,250	244,836	34,241	281,327

4. Investment Property

	2025
	£
Fair Value
As at 1 August 2024 and 31 July 2025	5,320,000

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Silverstream (UK) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

5. Investments

	Unlisted
	£
Cost
As at 1 August 2024	25,850

As at 31 July 2025	25,850

Provision
As at 1 August 2024	-

As at 31 July 2025	-

Net Book Value
As at 31 July 2025	25,850

As at 1 August 2024	25,850

6. Stocks

	2025	2024
	£	£
Stock	-	415,000

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	4,037	2,605
Prepayments and accrued income	8,170	6,352
Other debtors	17,259	25,477
Other taxes and social security	-	2,721
Directors' loan accounts	283,754	294,244

	313,220	331,399

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	11,011	6,432
Corporation tax	51,927	10,161
VAT	15,161	12,100
Other creditors	33,455	26,740

	111,554	55,433

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Silverstream (UK) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

9. Reserves

	Revaluation Reserve
	£
As at 1 August 2024	1,207,106

As at 31 July 2025	1,207,106

10. Related Party Transactions

At the end of the year the directors owed the company £283,754 (2024: £294,244).

11. Ultimate Controlling Party

The company's ultimate controlling party is the directors.

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