REGISTERED NUMBER: 06257834 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Silvertip Films Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

G T Cockwill

REGISTERED OFFICE:

Enterprise House

Foundry Lane

Horsham

West Sussex

RH13 5PX

REGISTERED NUMBER:

06257834 (England and Wales)

ACCOUNTANTS:

Richard Symonds FCA FCCA

Symonds & Co

Sunny Nook

Barhatch Road

Cranleigh

Surrey

GU6 7DJ

CURRENT ASSETS

Debtors

5

12,690

15,091

Cash at bank

2,649

1,894

15,339

16,985

CREDITORS

Amounts falling due within one year

6

13,449

13,512

NET CURRENT ASSETS

1,890

3,473

TOTAL ASSETS LESS CURRENT LIABILITIES

1,890

3,473

CREDITORS

Amounts falling due after more than one year

7

1,784

3,342

NET ASSETS

106

131

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

6

31

SHAREHOLDERS' FUNDS

106

131

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 31 May 2026 and were signed by:

G T Cockwill - Director

1.	STATUTORY INFORMATION

Silvertip Films 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 represents the value, net of value added tax and discounts, of work carried out in respect of services provided to customers.

Tangible fixed assets

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

Plant and Machinery 33% straight line

Computer Equipment 33% straight line

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 April 2025

and 31 March 2026

35,519

8,471

43,990

DEPRECIATION

At 1 April 2025

and 31 March 2026

35,519

8,471

43,990

NET BOOK VALUE

At 31 March 2026

-

-

-

At 31 March 2025

-

-

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

2,282

8,563

Directors' loan accounts

2,348

6,528

Prepayments and accrued income

8,060

-

12,690

15,091

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

1,700

1,700

Hire purchase contracts

106

428

Trade creditors

64

(33

)

Tax

6,352

6,104

Social security and other taxes

(589

)

1,156

VAT

1,492

4,157

Other creditors

4,324

-

13,449

13,512

The bank loans are secured on the assets of the company.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans - 1-2 years

1,642

2,758

Bank loans - 2-5 years

-

584

Hire purchase contracts

142

-

1,784

3,342

The bank loans are secured on the assets of the company.

8.	RELATED PARTY DISCLOSURES

As at the balance sheet date, the director owed the company £2,348 (2025 £6,528). This amount has been included within debtors on the balance sheet.

During the year, the director received dividends totalling £19,928 (2025 £16,200)

9.	ULTIMATE CONTROLLING PARTY

The controlling party is G T Cockwill.