Company Registration No. 04378130 (England and Wales)
Silverthorn Installation Services Ltd
Unaudited accounts
for the year ended 31 March 2017
Silverthorn Installation Services Ltd
Unaudited accounts
Contents
Silverthorn Installation Services Ltd
Company Information
for the year ended 31 March 2017
Directors
Julian Horton
Lee Davidge
Company Number
04378130 (England and Wales)
Registered Office
STUDIO 12 11 MAIN DRIVE
EAST LANE BUSINESS PARK
EAST LANE NORTH WEMBLEY
HA9 7RG
Accountants
Scribes Accountancy Limited
98 Northwood Rd
Harefield
Middlesex
UB9 6PS
Silverthorn Installation Services Ltd
Accountants' report
Accountants' report to the board of directors of Silverthorn Installation Services Ltd on the preparation of the unaudited statutory accounts for the year ended 31 March 2017
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Silverthorn Installation Services Ltd for the year ended
31 March 2017 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Silverthorn Installation Services Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Silverthorn Installation Services Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Silverthorn Installation Services Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Silverthorn Installation Services Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Silverthorn Installation Services Ltd. You consider that Silverthorn Installation Services Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Silverthorn Installation Services Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Scribes Accountancy Limited
98 Northwood Rd
Harefield
Middlesex
UB9 6PS
19 December 2017
Silverthorn Installation Services Ltd
Statement of financial position
as at
31 March 2017
Cash at bank and in hand
101,682
24,622
Creditors: amounts falling due within one year
(100,129)
(108,444)
Net current assets
153,791
108,084
Net assets
153,791
108,084
Called up share capital
100
100
Profit and loss account
153,691
107,984
Shareholders' funds
153,791
108,084
For the year ending 31 March 2017 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 directors acknowledge their 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.
Approved by the Board on 19 December 2017.
Julian Horton
Director
Company Registration No. 04378130
Silverthorn Installation Services Ltd
Notes to the Accounts
for the year ended 31 March 2017
Silverthorn Installation Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 04378130. The registered office is STUDIO 12 11 MAIN DRIVE, EAST LANE BUSINESS PARK, EAST LANE NORTH WEMBLEY, HA9 7RG.
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.
These financial statements for the year ended 31 March 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at £385 for the year in order to write off the account.
4
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
Silverthorn Installation Services Ltd
Notes to the Accounts
for the year ended 31 March 2017
Trade debtors
152,238
191,186
6
Creditors: amounts falling due within one year
2017
2016
Trade creditors
26,972
50,032
Taxes and social security
71,918
57,523
Other creditors
1,239
889
7
Share capital
2017
2016
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 3 (2016: 3).