REGISTERED NUMBER: 07640266 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2025

for

SILVER HEY PROPERTIES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Z Rai

P K Rai

M K Kang

REGISTERED OFFICE:

C/O Alphanumeric Accountants Ltd

LABS-ATRIUM

Chalk Farm Road

London

NW1 8AH

REGISTERED NUMBER:

07640266 (England and Wales)

ACCOUNTANTS:

Alphanumeric Accountants Ltd

LABS ATRIUM

CHALK FARM ROAD

London

NW1 8AH

FIXED ASSETS

Investment property

4

-

1,550,000

CURRENT ASSETS

Debtors

5

50,659

71,759

Cash at bank and in hand

1,466,369

2,135

1,517,028

73,894

CREDITORS

Amounts falling due within one year

6

638,045

262,454

NET CURRENT ASSETS/(LIABILITIES)

878,983

(188,560

)

TOTAL ASSETS LESS CURRENT LIABILITIES

878,983

1,361,440

CREDITORS

Amounts falling due after more than one year

7

-

(325,225

)

PROVISIONS FOR LIABILITIES

-

(164,161

)

NET ASSETS

878,983

872,054

CAPITAL AND RESERVES

Called up share capital

90

90

Fair value reserve

8

-

236,685

Retained earnings

878,893

635,279

SHAREHOLDERS' FUNDS

878,983

872,054

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 21 May 2026 and were signed on its behalf by:

P K Rai - Director

1.	STATUTORY INFORMATION

SILVER HEY PROPERTIES 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

The turnover is recognised upon the receipt of rent from the property. The turnover is net of VAT.

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 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 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

£

COST

At 1 June 2024

1,550,000

Disposals

(1,550,000

)

At 31 May 2025

-

NET BOOK VALUE

At 31 May 2025

-

At 31 May 2024

1,550,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Other debtors

50,659

71,759

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans and overdrafts

-

20,225

Taxation and social security

576,892

25,979

Other creditors

61,153

216,250

638,045

262,454

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans

-

248,677

Other creditors

-

76,548

-

325,225

8.

RESERVES

Fair

value

reserve

£

At 1 June 2024

236,685

Fair Value Reserve

(236,685

)

At 31 May 2025

-

9.	ULTIMATE CONTROLLING PARTY

The company is jointly controlled by the directors.