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Company Registration No. 11147642 (England and Wales)
SILVERFOX RECORDS LTD Unaudited accounts for the year ended 31 January 2026
SILVERFOX RECORDS LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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SILVERFOX RECORDS LTD Company Information for the year ended 31 January 2026
Director
MR.A.PIERCE
Company Number
11147642 (England and Wales)
Registered Office
OLIO VILLA , OLIO LANE ST LUKES ROAD CHELTENHAM GLOS GL53 7JG ENGLAND
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SILVERFOX RECORDS LTD Statement of financial position as at 31 January 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
345,085
344,536
Current assets
Inventories
5
150,014
166,477
Cash at bank and in hand
105,734
79,306
255,748
245,783
Creditors: amounts falling due within one year
6
(22,622)
(25,972)
Net current assets
233,126
219,811
Total assets less current liabilities
578,211
564,347
Creditors: amounts falling due after more than one year
7
(131,000)
(131,000)
Net assets
447,211
433,347
Capital and reserves
Called up share capital
1
1
Profit and loss account
447,210
433,346
Shareholders' funds
447,211
433,347
For the year ending 31 January 2026 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 April 2026 and were signed on its behalf by
MR.A.PIERCE Director Company Registration No. 11147642
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SILVERFOX RECORDS LTD Notes to the Accounts for the year ended 31 January 2026
1
Statutory information
SILVERFOX RECORDS LTD is a private company, limited by shares, registered in England and Wales, registration number 11147642. The registered office is OLIO VILLA , OLIO LANE, ST LUKES ROAD, CHELTENHAM, GLOS, GL53 7JG, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
No depreciation charged
Fixtures & fittings
25% per annum on Cost
Computer equipment
25% per annum on Cost
Turnover
Sales are stated excluding discounts and value added tax
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SILVERFOX RECORDS LTD Notes to the Accounts for the year ended 31 January 2026
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 February 2025
341,060
3,000
476
344,536
Additions
-
-
549
549
At 31 January 2026
341,060
3,000
1,025
345,085
Depreciation
At 31 January 2026
-
-
-
-
Net book value
At 31 January 2026
341,060
3,000
1,025
345,085
At 31 January 2025
341,060
3,000
476
344,536
5
Inventories
2026
2025
£
£
Finished goods
150,014
166,477
150,014
166,477
Stock is valued at the lower of cost or net realisable value
6
Creditors: amounts falling due within one year
2026
2025
£
£
VAT
9,848
9,109
Trade creditors
750
670
Taxes and social security
12,024
16,193
22,622
25,972
7
Creditors: amounts falling due after more than one year
2026
2025
£
£
Loans from directors
131,000
131,000
8
Average number of employees
During the year the average number of employees was 3 (2025: 2).
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