REGISTERED NUMBER: 09093008 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2025

for

Silverlining Commercial Properties

Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Directors:

J M Boddington

T J Boddington

Registered office:

114-120 Northgate Street

Chester

CH1 2HT

Registered number:

09093008 (England and Wales)

Accountants:

Ellis & Co

Chartered Accountants

114-120 Northgate Street

Chester

CH1 2HT

Fixed assets

Investment property

4

2,280,000

2,280,000

Current assets

Debtors

5

28,700

23,000

Cash at bank

5,581

75,921

34,281

98,921

Creditors

Amounts falling due within one year

6

1,221,667

1,212,434

Net current liabilities

(1,187,386

)

(1,113,513

)

Total assets less current liabilities

1,092,614

1,166,487

Creditors

Amounts falling due after more than one year

7

(63,386

)

(160,186

)

Provisions for liabilities

9

(151,476

)

(151,476

)

Net assets

877,752

854,825

Capital and reserves

Called up share capital

1

1

Other reserves

10

658,033

658,033

Retained earnings

10

219,718

196,791

877,752

854,825

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 29 April 2026 and were signed on its behalf by:

J M Boddington - Director

1.	Statutory information

Silverlining Commercial Properties 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.

Turnover

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

Revenue from property rental is recognised on an accruals basis.

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.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 NIL (2024 - NIL).

4.	Investment property

Total

£

Fair value

At 1 August 2024

and 31 July 2025

2,280,000

Net book value

At 31 July 2025

2,280,000

At 31 July 2024

2,280,000

The directors consider that the value of the commercial property at 31 July 2025 was £2.28m. The investment property was valued on an open market value basis with vacant possession by Legat Owen of Chester on 4 October 2023 at this amount.

5.

Debtors: amounts falling due within one year

31/7/25

31/7/24

£

£

Trade debtors

23,000

23,000

Other debtors

5,700

-

28,700

23,000

6.

Creditors: amounts falling due within one year

31/7/25

31/7/24

£

£

Bank loans

95,000

90,000

Trade creditors

5,155

2,289

Amounts owed to group undertakings

1,111,869

1,099,069

Taxation and social security

7,631

15,103

Other creditors

2,012

5,973

1,221,667

1,212,434

7.

Creditors: amounts falling due after more than one year

31/7/25

31/7/24

£

£

Bank loans

63,386

160,186

8.	Secured debts

The following secured debts are included within creditors:

31/7/25

31/7/24

£

£

Bank loans

158,386

250,186

The bank loan is secured by way of charge over the investment property.

9.	Provisions for liabilities

31/7/25

31/7/24

£

£

Deferred tax

Other timing differences

151,476

151,476

Deferred

tax

£

Balance at 1 August 2024

151,476

Balance at 31 July 2025

151,476

10.

Reserves

Under FRS 102 surpluses on the revaluation of investment property are treated as fair value adjustments and are recognised in the statement of income. However under company law, these surpluses are not distributable. In these financial statements, the cumulative revaluation surpluses have been included in other reserves under profit and loss - not distributable. On disposal of an investment property, any revaluation surplus realised on disposal is transferred to distributable reserves.