Company Registration No. 14650331 (England and Wales)
Silverwood Holdings Ltd
Unaudited accounts
for the year ended 31 March 2026
Silverwood Holdings Ltd
Unaudited accounts
Contents
Silverwood Holdings Ltd
Company Information
for the year ended 31 March 2026
Company Number
14650331 (England and Wales)
Registered Office
2 Park Row
Bretby
Burton-on-Trent
Staffordshire
DE15 0RL
England
Accountants
Woodville Accounting & Payroll Ltd
Repton House
Bretby Business Park
Ashby Road, Bretby
Burton-On-Trent
Staffordshire
DE15 0YZ
Silverwood Holdings Ltd
Statement of financial position
as at 31 March 2026
Intangible assets
87,500
100,000
Tangible assets
65,274
77,728
Cash at bank and in hand
33,030
39,921
Creditors: amounts falling due within one year
(222,452)
(256,080)
Net current liabilities
(180,626)
(206,078)
Total assets less current liabilities
(27,852)
(28,350)
Creditors: amounts falling due after more than one year
(25,541)
(33,973)
Net liabilities
(53,393)
(62,323)
Called up share capital
100
100
Profit and loss account
(53,493)
(62,423)
Shareholders' funds
(53,393)
(62,323)
For the year ending 31 March 2026 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 September 2026 and were signed on its behalf by
Mr I Silverwood
Director
Company Registration No. 14650331
Silverwood Holdings Ltd
Notes to the Accounts
for the year ended 31 March 2026
Silverwood Holdings Ltd is a private company, limited by shares, registered in England and Wales, registration number 14650331. The registered office is 2 Park Row, Bretby, Burton-on-Trent, Staffordshire, DE15 0RL, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
8.33% straight line
Plant & machinery
25% straight line
Computer equipment
33% straight line
The accounts are prepared on the going concern basis on the assumption that the company's creditors, in particular the company's director, continue to provide financial support to the company.
Turnover is measured at the fair value of the consideration received or receivable.
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.
Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.
At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.
Silverwood Holdings Ltd
Notes to the Accounts
for the year ended 31 March 2026
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
4
Intangible fixed assets
Goodwill
Charge for the year
12,500
5
Tangible fixed assets
Land & buildings
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2025
50,255
42,988
9,092
102,335
Additions
-
4,045
2,891
6,936
At 31 March 2026
50,255
47,033
11,983
109,271
At 1 April 2025
7,242
12,251
5,114
24,607
Charge for the year
4,188
11,417
3,785
19,390
At 31 March 2026
11,430
23,668
8,899
43,997
At 31 March 2026
38,825
23,365
3,084
65,274
At 31 March 2025
43,013
30,737
3,978
77,728
Amounts falling due within one year
Accrued income and prepayments
520
-
Silverwood Holdings Ltd
Notes to the Accounts
for the year ended 31 March 2026
7
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
6,600
5,640
Trade creditors
67,459
54,559
Taxes and social security
9,869
4,841
Other creditors
10,746
2,110
Loans from directors
86,270
144,680
8
Creditors: amounts falling due after more than one year
2026
2025
9
Operating lease commitments
2026
2025
At 31 March 2026 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
57,209
61,703
Later than one year and not later than five years
27,433
91,415
10
Average number of employees
During the year the average number of employees was 27 (2025: 45).