REGISTERED NUMBER: 02490546 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

SILKSTREAM COMPUTERS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

S S Kandola

REGISTERED OFFICE:

Beckwith Barn

Warren Estate

Lordship Road

Writtle

Essex

CM1 3WT

REGISTERED NUMBER:

02490546 (England and Wales)

ACCOUNTANTS:

Xeinadin South East Limited

5b Beckwith Barn

Warren Estate

Lordship Road

Chelmsford

Essex

CM1 3WT

FIXED ASSETS

Investment property

5

2,140,590

2,140,590

CURRENT ASSETS

Debtors

6

49,219

50,695

Cash at bank

647,697

488,299

696,916

538,994

CREDITORS

Amounts falling due within one year

7

2,812,553

2,670,304

NET CURRENT LIABILITIES

(2,115,637

)

(2,131,310

)

TOTAL ASSETS LESS CURRENT LIABILITIES

24,953

9,280

CREDITORS

Amounts falling due after more than one year

8

575,410

575,410

NET LIABILITIES

(550,457

)

(566,130

)

CAPITAL AND RESERVES

Called up share capital

9

150

150

Retained earnings

10

(550,607

)

(566,280

)

SHAREHOLDERS' FUNDS

(550,457

)

(566,130

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 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 29 October 2026 and were signed by:

S S Kandola - Director

1.	STATUTORY INFORMATION

Silkstream Computers 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.

The presentation currency of the financial statements is the Pound Sterling (£).

Amounts in these financial statements are rounded to the nearest Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Going concern

At the balance sheet date the company had net current liabilities. The liabilities are mainly represented by historical tax and interest adjustments due in connection with the prior year adjustment, further details of which are included in note 6 to the financial statements.

Funding to settle these amounts is to be provided by related entities and therefore the director considers it appropriate to prepare the accounts on a going concern basis.

Turnover

Turnover represents the fair value of work derived from the company's principal activity to the extent that there is a right to consideration net of value added tax.

Where a contract is incomplete at the year end, turnover includes amounts recoverable on contracts to that date based on an appropriate proportion of the total expected consideration at completion. Invoices are not raised until a contract is complete of a valuation is received so incomplete contracts are included as amounts recoverable on contracts in the balance sheet.

Where the outcome of a contract cannot be estimated reliably the company only recognises revenue to the extent of the recoverable contract costs incurred. Any indication of a loss making contract is recognised immediately.

Investment property

Investment property is shown at market value. Any aggregate surplus or deficit arising from changes in market value is transferred to a revaluation reserve.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Debt instruments like loans and other accounts receivable and payable are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method; Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2024

and 31 October 2025

2,140,590

NET BOOK VALUE

At 31 October 2025

2,140,590

At 31 October 2024

2,140,590

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as

restated

£

£

Trade debtors

1,130

5,909

Other debtors

48,089

44,786

49,219

50,695

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as

restated

£

£

Trade creditors

8,076

9,862

Taxation and social security

1,830,433

1,825,614

Other creditors

974,044

834,828

2,812,553

2,670,304

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

as

restated

£

£

Other creditors

575,410

575,410

Other loans are unsecured.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

as restated

£

£

150

Ordinary

£1

150

150

10.

RESERVES

Retained

earnings

£

At 1 November 2024

(640,174

)

Prior year adjustment

73,894

(566,280

)

Profit for the year

15,673

At 31 October 2025

(550,607

)

11.	RELATED PARTY DISCLOSURES