Company Registration No. 04378130 (England and Wales)
Silverthorn Installation Services Ltd
Unaudited accounts
for the year ended 31 March 2021
Silverthorn Installation Services Ltd
Unaudited accounts
Contents
Silverthorn Installation Services Ltd
Company Information
for the year ended 31 March 2021
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 (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 March 2021.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 31 March 2021. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Scribes Accountancy Limited
98 Northwood Rd
Harefield
Middlesex
UB9 6PS
10 June 2021
Silverthorn Installation Services Ltd
Statement of financial position
as at
31 March 2021
Tangible assets
17,324
25,986
Cash at bank and in hand
309,872
134,564
Creditors: amounts falling due within one year
(81,068)
(107,684)
Net current assets
371,967
373,591
Total assets less current liabilities
389,291
399,577
Provisions for liabilities
Deferred tax
(4,750)
(6,333)
Net assets
384,541
393,244
Called up share capital
100
100
Profit and loss account
384,441
393,144
Shareholders' funds
384,541
393,244
For the year ending 31 March 2021 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.
The financial statements were approved by the Board of Directors and authorised for issue on 10 June 2021 and were signed on its behalf by
Julian Horton
Director
Company Registration No. 04378130
Silverthorn Installation Services Ltd
Notes to the Accounts
for the year ended 31 March 2021
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.
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.
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 is provided to write off assets over there economic life.
Plant & machinery
20% Straight Line Basis
Motor vehicles
20% Straight Line Basis
Computer equipment
20% Straight Line Basis
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2020
4,938
39,645
3,665
48,248
At 31 March 2021
4,938
39,645
3,665
48,248
At 1 April 2020
4,938
15,858
1,466
22,262
Charge for the year
-
7,929
733
8,662
At 31 March 2021
4,938
23,787
2,199
30,924
At 31 March 2021
-
15,858
1,466
17,324
At 31 March 2020
-
23,787
2,199
25,986
Silverthorn Installation Services Ltd
Notes to the Accounts
for the year ended 31 March 2021
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
143,163
346,711
6
Creditors: amounts falling due within one year
2021
2020
Trade creditors
11,285
23,621
Taxes and social security
45,686
56,354
Loans from directors
4,222
15
7
Share capital
2021
2020
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 (2020: 3).