Company registration number SC258672
SILVANUS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
PAGES FOR FILING WITH REGISTRAR
SILVANUS LIMITED
CONTENTS
Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 6
SILVANUS LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT 30 NOVEMBER 2025
30 November 2025
- 1 -
2025
2024
£
£
£
£
Fixed assets
Tangible assets
4
60
80
Current assets
Debtors
5
2,829
1,711
Cash at bank and in hand
1,562
2,316
4,391
4,027
Creditors: amounts falling due within one year
6
(3,988)
(3,085)
Net current assets
403
942
Total assets less current liabilities
463
1,022
Creditors: amounts falling due after more than one year
7
(250)
(850)
Provisions for liabilities
(11)
(15)
Net assets
202
157
Capital and reserves
Called up share capital
8
1
1
Profit and loss reserves
201
156
Total equity
202
157

The notes on pages 3 to 6 form part of these financial statements.

SILVANUS LIMITED
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 NOVEMBER 2025
30 November 2025
- 2 -

For the financial year ended 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the income statement within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 12 May 2026
Mr P J Bourke
Director
Company registration number SC258672 (Scotland)
SILVANUS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 3 -
1
Accounting policies
Company information

Silvanus Limited is a private company limited by shares incorporated in Scotland. The registered office is Pentland House, Saltire Centre, Glenrothes, Fife, KY6 2AH.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Revenue

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

The nature, timing of satisfaction of performance obligations and significant payment terms of the company's major sources of revenue are as follows:

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recover able.

1.3
Intangible fixed assets - goodwill

Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life, which is 10 years.

For the purposes of impairment testing, goodwill is allocated to the cash-generating units expected to benefit from the acquisition. Cash-generating units to which goodwill has been allocated are tested for impairment at least annually, or more frequently when there is an indication that the unit may be impaired. If the recoverable amount of the cash-generating unit is less than the carrying amount of the unit, the impairment loss is allocated first to reduce the carrying amount of any goodwill allocated to the unit and then to the other assets of the unit pro-rata on the basis of the carrying amount of each asset in the unit.

SILVANUS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
1
Accounting policies
(Continued)
- 4 -
1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally 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.

1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the income statement, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

SILVANUS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 5 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
1
1
3
Intangible fixed assets
Goodwill
£
Cost
At 1 December 2024 and 30 November 2025
9,000
Amortisation
At 1 December 2024 and 30 November 2025
9,000
Carrying amount
At 30 November 2025
-
0
At 30 November 2024
-
0
4
Tangible fixed assets
Fixtures and fittings
£
Cost
At 1 December 2024 and 30 November 2025
685
Depreciation
At 1 December 2024
605
Depreciation charged in the year
20
At 30 November 2025
625
Carrying amount
At 30 November 2025
60
At 30 November 2024
80
SILVANUS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 6 -
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
2,307
1,397
Prepayments and accrued income
522
314
2,829
1,711
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
600
600
Taxation and social security
2,422
1,873
Other creditors
966
612
3,988
3,085
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
250
850
8
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary share of £1 each
1
1
1
1
9
Directors' transactions

Included within other debtors due within one year is an overdrawn loan to Mr P Bourke, a director, amounting to £2,307 (2024 - £1,397 ). No interest or repayment terms have been agreed.

2025-11-30 2024-12-01 false false false 12 May 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr P J Bourke SC258672 2024-12-01 2025-11-30 SC258672 2025-11-30 SC258672 2024-11-30 SC258672 core:FurnitureFittings 2025-11-30 SC258672 core:FurnitureFittings 2024-11-30 SC258672 core:CurrentFinancialInstruments core:WithinOneYear 2025-11-30 SC258672 core:CurrentFinancialInstruments core:WithinOneYear 2024-11-30 SC258672 core:Non-currentFinancialInstruments core:AfterOneYear 2025-11-30 SC258672 core:Non-currentFinancialInstruments core:AfterOneYear 2024-11-30 SC258672 core:CurrentFinancialInstruments 2025-11-30 SC258672 core:CurrentFinancialInstruments 2024-11-30 SC258672 core:ShareCapital 2025-11-30 SC258672 core:ShareCapital 2024-11-30 SC258672 core:RetainedEarningsAccumulatedLosses 2025-11-30 SC258672 core:RetainedEarningsAccumulatedLosses 2024-11-30 SC258672 core:ShareCapitalOrdinaryShareClass1 2025-11-30 SC258672 core:ShareCapitalOrdinaryShareClass1 2024-11-30 SC258672 bus:Director1 2024-12-01 2025-11-30 SC258672 core:Goodwill 2024-12-01 2025-11-30 SC258672 core:FurnitureFittings 2024-12-01 2025-11-30 SC258672 2023-12-01 2024-11-30 SC258672 core:NetGoodwill 2024-11-30 SC258672 core:NetGoodwill 2025-11-30 SC258672 core:NetGoodwill 2024-11-30 SC258672 core:FurnitureFittings 2024-11-30 SC258672 core:Non-currentFinancialInstruments 2025-11-30 SC258672 core:Non-currentFinancialInstruments 2024-11-30 SC258672 bus:OrdinaryShareClass1 2024-12-01 2025-11-30 SC258672 bus:OrdinaryShareClass1 2025-11-30 SC258672 bus:OrdinaryShareClass1 2024-11-30 SC258672 bus:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 SC258672 bus:SmallCompaniesRegimeForAccounts 2024-12-01 2025-11-30 SC258672 bus:FRS102 2024-12-01 2025-11-30 SC258672 bus:AuditExemptWithAccountantsReport 2024-12-01 2025-11-30 SC258672 bus:FullAccounts 2024-12-01 2025-11-30 xbrli:pure xbrli:shares iso4217:GBP