REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Financial Statements |
|
for the Year Ended 30 April 2019 |
|
for |
|
Silviac Limited |
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Financial Statements |
|
for the Year Ended 30 April 2019 |
|
for |
|
Silviac Limited |
Silviac Limited (Registered number: 04730312) |
|
|
|
|
|
|
Contents of the Financial Statements |
for the Year Ended 30 April 2019 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Balance Sheet | 2 |
|
Notes to the Financial Statements | 4 |
|
Report of the Accountants | 8 |
Silviac Limited |
|
Company Information |
for the Year Ended 30 April 2019 |
|
|
|
|
|
|
|
DIRECTORS: |
|
|
|
|
|
|
|
|
SECRETARY: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
194 Pontefract Road |
Cudworth |
Barnsley |
South Yorkshire |
S72 8AF |
Silviac Limited (Registered number: 04730312) |
|
Balance Sheet |
30 April 2019 |
|
2019 | 2018 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
|
|
Investment property | 5 |
|
|
|
|
|
CURRENT ASSETS |
Debtors | 6 |
|
|
Cash at bank |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 7 |
|
|
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
|
PROVISIONS FOR LIABILITIES | 8 |
|
|
NET ASSETS |
|
|
|
CAPITAL AND RESERVES |
Called up share capital | 9 |
|
|
Retained earnings | 10 |
|
|
SHAREHOLDERS' FUNDS |
|
|
|
|
|
|
|
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. |
Silviac Limited (Registered number: 04730312) |
|
Balance Sheet - continued |
30 April 2019 |
|
|
|
|
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
|
|
|
|
|
|
|
|
Silviac Limited (Registered number: 04730312) |
|
Notes to the Financial Statements |
for the Year Ended 30 April 2019 |
|
1. | STATUTORY INFORMATION |
|
Silviac Limited is a
|
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 |
|
|
Significant judgements and estimates |
The principal accounting policies and significant judgements and estimates applied in the preparation |
of these financial statements are set out below. These policies, judgements and estimates have been |
consistently applied to all years presented unless otherwise stated. |
|
Tangible fixed assets |
|
|
Fixtures and fittings | - 10% on written down value |
Motor vehicles | - 25% on written down value |
|
Investment property |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from |
changes in fair value is recognised in profit or loss. |
|
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, |
except to the extent that it relates to items recognised in other comprehensive income or directly in |
equity. |
|
Current or deferred taxation assets and liabilities are not discounted. |
|
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been |
enacted or substantively enacted by the balance sheet date. |
|
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at |
the balance sheet date. |
|
Timing differences arise from the inclusion of income and expenses in tax assessments in periods |
different from those in which they are recognised in financial statements. Deferred tax is measured |
using tax rates and laws that have been enacted or substantively enacted by the year end and that are |
expected to apply to the reversal of the timing difference. |
|
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable |
that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
|
3. | EMPLOYEES AND DIRECTORS |
|
The average number of employees during the year was
|
Silviac Limited (Registered number: 04730312) |
|
Notes to the Financial Statements - continued |
for the Year Ended 30 April 2019 |
|
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 May 2018 |
|
Additions |
|
Disposals | ( |
) |
At 30 April 2019 |
|
DEPRECIATION |
At 1 May 2018 |
|
Charge for year |
|
Eliminated on disposal | ( |
) |
At 30 April 2019 |
|
NET BOOK VALUE |
At 30 April 2019 |
|
At 30 April 2018 |
|
|
5. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1 May 2018 |
and 30 April 2019 |
|
NET BOOK VALUE |
At 30 April 2019 |
|
At 30 April 2018 |
|
|
Fair value at 30 April 2019 is represented by: |
|
£ |
Valuation in 2017 | 137,180 |
Cost | 177,820 |
315,000 |
|
If the land had not been revalued it would have been included at the following historical cost: |
|
2019 | 2018 |
£ | £ |
Cost | 177,820 | 177,820 |
|
Land was valued on an open market basis on 30 April 2019 by the director . |
Silviac Limited (Registered number: 04730312) |
|
Notes to the Financial Statements - continued |
for the Year Ended 30 April 2019 |
|
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2019 | 2018 |
£ | £ |
Trade debtors |
|
|
Other debtors |
|
|
|
|
|
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2019 | 2018 |
£ | £ |
Hire purchase contracts |
|
|
Tax |
|
|
Director's current account | 292,472 | 263,588 |
Accrued expenses |
|
|
|
|
|
8. | PROVISIONS FOR LIABILITIES |
2019 | 2018 |
£ | £ |
Deferred tax | 11,378 | 12,818 |
|
Deferred |
tax |
£ |
Balance at 1 May 2018 |
|
Movement arising during year | (1,440 | ) |
Balance at 30 April 2019 |
|
|
9. | CALLED UP SHARE CAPITAL |
|
|
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2019 | 2018 |
value: | £ | £ |
|
Ordinary | £1 | 3 | 3 |
|
10. | RESERVES |
Retained |
earnings |
£ |
|
At 1 May 2018 |
|
Deficit for the year | ( |
) |
At 30 April 2019 |
|
Silviac Limited (Registered number: 04730312) |
|
Notes to the Financial Statements - continued |
for the Year Ended 30 April 2019 |
|
11. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
|
The following advances and credits to a director subsisted during the years ended 30 April 2019 and |
30 April 2018: |
|
2019 | 2018 |
£ | £ |
|
Balance outstanding at start of year | ( |
) | ( |
) |
Amounts repaid | ( |
) | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year | ( |
) | ( |
) |
|
12. | RELATED PARTY DISCLOSURES |
|
During the year, a salary of £8,260 (2018 £8,180) was paid to a director. |
Silviac Limited |
|
Report of the Accountants to the Directors of |
Silviac Limited |
|
The following reproduces the text of the report prepared for the directors in respect of the company's |
annual unaudited financial statements. In accordance with the Companies Act 2006, the company is |
only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain |
other primary statements and the Report of the Directors are not required to be filed with the |
Registrar of Companies. |
|
As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 April 2019 set out on pages three to eight and you consider that the company is exempt from an audit. |
|
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
|
|
|
|
|
|
|
194 Pontefract Road |
Cudworth |
Barnsley |
South Yorkshire |
S72 8AF |
|
|
|