REGISTERED NUMBER: 04357112 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

SILVERSTONE HOMES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M D Mullins

Mrs A Mullins

REGISTERED OFFICE:

23 Whitecroft Way

Beckenham

Kent

BR3 3AQ

REGISTERED NUMBER:

04357112 (England and Wales)

ACCOUNTANTS:

Andrew Cross & Co.

Chartered Certified Accountants

6 Green Lane Business Park

238 Green Lane

New Eltham

London

SE9 3TL

FIXED ASSETS

Tangible assets

4

21,394

23,542

CURRENT ASSETS

Stocks

2,749,537

1,489,506

Debtors

5

3,337

12,848

Cash at bank

490,776

864,433

3,243,650

2,366,787

CREDITORS

Amounts falling due within one year

6

983,293

28,809

NET CURRENT ASSETS

2,260,357

2,337,978

TOTAL ASSETS LESS CURRENT LIABILITIES

2,281,751

2,361,520

CREDITORS

Amounts falling due after more than one year

7

4,997

12,360

NET ASSETS

2,276,754

2,349,160

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

2,276,752

2,349,158

SHAREHOLDERS' FUNDS

2,276,754

2,349,160

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 7 November 2025 and were signed on its behalf by:

M D Mullins - Director

Mrs A Mullins - Director

1.	STATUTORY INFORMATION

Silverstone Homes 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 sale proceeds of properties sold in the year as well as income generated from consultancy services provided in the year, excluding value-added tax.

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 etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

67,034

Additions

5,311

Disposals

(13,795

)

At 31 March 2025

58,550

DEPRECIATION

At 1 April 2024

43,492

Charge for year

7,131

Eliminated on disposal

(13,467

)

At 31 March 2025

37,156

NET BOOK VALUE

At 31 March 2025

21,394

At 31 March 2024

23,542

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

3,337

12,848

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,440

10,440

Trade creditors

-

7,466

Taxation and social security

4,060

8,098

Other creditors

968,793

2,805

983,293

28,809

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

4,997

12,360

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

£1

2

2

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

M D Mullins

Balance outstanding at start of year

-

133,567

Amounts repaid

-

(133,567

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-