Silktown Dwellings Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 02861636

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		126		984
Investments	5		879,556		942,056

			879,682		943,040
CURRENT ASSETS
Debtors	6	11,261		62,026
Cash at bank and in hand		3,715		7,134

		14,976		69,160
Creditors: Amounts Falling Due Within One Year	7	(12,441 )		(14,347 )

NET CURRENT ASSETS (LIABILITIES)			2,535		54,813

TOTAL ASSETS LESS CURRENT LIABILITIES			882,217		997,853

Creditors: Amounts Falling Due After More Than One Year	8		(17,824 )		(21,713 )

NET ASSETS			864,393		976,140

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			864,293		976,040

SHAREHOLDERS' FUNDS			864,393		976,140

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Silktown Dwellings Limited

Balance Sheet (continued)

As At 31 October 2025

For the year ending 31 October 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

Mr Andrew Freeth

Director

10 November 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Silktown Dwellings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02861636 . The registered office is 7 St Petersgate, Stockport, Cheshire, SK1 1EB.

2. Accounting Policies

2.1. 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.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. 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:

Motor Vehicles	25% reducing balance
Fixtures & Fittings	25% straight line
Computer Equipment	25% straight line

2.4. Taxation

Income tax expense represents the sum of the tax currently payable.

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.

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

3. Average Number of Employees

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

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Silktown Dwellings Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

4. Tangible Assets

	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 November 2024	1,490	21,950	3,496	26,936
Additions	-	162	-	162
Disposals	(1,490 )	-	-	(1,490 )

As at 31 October 2025	-	22,112	3,496	25,608

Depreciation
As at 1 November 2024	506	21,950	3,496	25,952
Provided during the period	-	36	-	36
Disposals	(506 )	-	-	(506 )

As at 31 October 2025	-	21,986	3,496	25,482

Net Book Value
As at 31 October 2025	-	126	-	126

As at 1 November 2024	984	-	-	984

5. Investments

	Listed	Other	Total
	£	£	£
Cost or Valuation
As at 1 November 2024	796,675	145,381	942,056
Disposals	(62,500 )	-	(62,500 )

As at 31 October 2025	734,175	145,381	879,556

Provision
As at 1 November 2024	-	-	-

As at 31 October 2025	-	-	-

Net Book Value
As at 31 October 2025	734,175	145,381	879,556

As at 1 November 2024	796,675	145,381	942,056

6. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	11,261	62,026

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Silktown Dwellings Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	12,175	3,715
Taxation and social security	266	10,632

	12,441	14,347

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	17,824	21,713

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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