REGISTERED NUMBER: 08414848 (England and Wales)

Financial Statements

for the Period 29th February 2024 to 26th February 2025

for

SILVER ARC LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr Usman Zahoor

Mr Abid Hussain

REGISTERED OFFICE:

1 Quality Court

Chancery Lane

London

WC2A 1HR

REGISTERED NUMBER:

08414848 (England and Wales)

ACCOUNTANTS:

Silver Arc

Chartered Certified Accountants

1 Quality Court

Chancery Lane

London

WC2A 1HR

FIXED ASSETS

Tangible assets

4

8,474

20,530

CURRENT ASSETS

Debtors

5

322,377

284,871

Cash at bank and in hand

41,465

24,741

363,842

309,612

CREDITORS

Amounts falling due within one year

6

(347,357

)

(275,357

)

NET CURRENT ASSETS

16,485

34,255

TOTAL ASSETS LESS CURRENT LIABILITIES

24,959

54,785

CREDITORS

Amounts falling due after more than one year

7

500

-

NET ASSETS

25,459

54,785

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

25,359

54,685

SHAREHOLDERS' FUNDS

25,459

54,785

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 26th February 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 26th 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 26th May 2026 and were signed on its behalf by:

Mr Usman Zahoor - Director

1.	STATUTORY INFORMATION

Silver Arc 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost

Computer equipment

-

25% on reducing balance

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation

Taxation for the period 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 period 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Debtors

Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.

Cash and cash equivalents

Cash and cash equivalents are represented by cash in hand, deposits held at call with financial institutions, and other short-term highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors

Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 8 (2024 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 29th February 2024

29,386

34,695

64,081

Additions

-

2,031

2,031

At 26th February 2025

29,386

36,726

66,112

DEPRECIATION

At 29th February 2024

22,643

20,907

43,550

Charge for period

6,743

7,345

14,088

At 26th February 2025

29,386

28,252

57,638

NET BOOK VALUE

At 26th February 2025

-

8,474

8,474

At 28th February 2024

6,743

13,788

20,531

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

26/2/25

28/2/24

£

£

Trade debtors

319,617

233,294

Amounts owed by group undertakings

360

310

Other debtors

2,400

51,267

322,377

284,871

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

26/2/25

28/2/24

£

£

Trade creditors

4,026

6,355

Amounts owed to group undertakings

100,997

98,097

Taxation and social security

89,143

73,415

Other creditors

153,191

97,490

347,357

275,357

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

26/2/25

28/2/24

£

£

Other creditors

(500

)

-