Silksoundbooks Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 05892204

Silksoundbooks Limited

Filleted Unaudited Financial Statements

31 December 2025

Silksoundbooks Limited

Statement of Financial Position

31 December 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	4		131,563	143,886

Current assets

Debtors	5	7,061	7,544
Cash at bank and in hand		15,698	15,882
		--------	--------
		22,759	23,426

Creditors: amounts falling due within one year	6	25,345		51,001
		--------		--------
Net current liabilities			2,586	27,575
			---------	---------
Total assets less current liabilities			128,977	116,311
			---------	---------
Net assets			128,977	116,311
			---------	---------

Capital and reserves

Called up share capital	82,721	82,721
Share premium account	200,002	200,002
Profit and loss account	( 153,746)	( 166,412)
	---------	---------
Shareholders funds	128,977	116,311
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Silksoundbooks Limited

Statement of Financial Position (continued)

31 December 2025

These financial statements were approved by the board of directors and authorised for issue on 2 July 2026 , and are signed on behalf of the board by:

R Weston

Director

Company registration number: 05892204

Silksoundbooks Limited

Notes to the Financial Statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is C/O Leaman Mattei, Suite 1, First Floor, 1 Duchess Street, London, W1W 6AN, England.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The directors have considered the current and future trading positions and are satisfied it is appropriate to prepare the accounts on a going concern basis.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Recorded books	-	10% straight line
Website design	-	33% straight line

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately .

4. Tangible assets

	Recorded books	Website design	Total
	£	£	£
Cost
At 1 January 2025 and 31 December 2025	460,079	83,039	543,118
	---------	--------	---------
Depreciation
At 1 January 2025	316,193	83,039	399,232
Charge for the year	12,323	–	12,323
	---------	--------	---------
At 31 December 2025	328,516	83,039	411,555
	---------	--------	---------
Carrying amount
At 31 December 2025	131,563	–	131,563
	---------	--------	---------
At 31 December 2024	143,886	–	143,886
	---------	--------	---------

5. Debtors

	2025	2024
	£	£
Trade debtors	7,010	7,440
Other debtors	51	104
	-------	-------
	7,061	7,544
	-------	-------

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Other creditors	25,345	51,001
	--------	--------

7. Directors' advances, credits and guarantees

Included in Other creditors are amounts owed to the director of £Nil (2024: £1,418). The loan is interest free and repayable on demand.