Company Registration No. 09507123 (England and Wales)
SILVER SWORD INVESTMENTS LTD
Unaudited accounts
for the year ended 31 March 2023
SILVER SWORD INVESTMENTS LTD
Unaudited accounts
Contents
SILVER SWORD INVESTMENTS LTD
Company Information
for the year ended 31 March 2023
Director
Azhar Mustapha GHOSE
Company Number
09507123 (England and Wales)
Registered Office
27 Beaumaris Road,
Bearwood,
Bournemouth,
BH11 9FX
England
SILVER SWORD INVESTMENTS LTD
Statement of financial position
as at 31 March 2023
Tangible assets
378,000
378,000
Cash at bank and in hand
5,011
10,364
Creditors: amounts falling due within one year
(30,253)
(29,840)
Net current liabilities
(25,242)
(19,476)
Total assets less current liabilities
352,758
358,524
Creditors: amounts falling due after more than one year
(276,597)
(297,751)
Called up share capital
100
100
Profit and loss account
76,061
60,673
Shareholders' funds
76,161
60,773
For the year ending 31 March 2023 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 director acknowledges his 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 and authorised for issue on 22 November 2023 and were signed on its behalf by
Azhar Mustapha GHOSE
Director
Company Registration No. 09507123
SILVER SWORD INVESTMENTS LTD
Notes to the Accounts
for the year ended 31 March 2023
SILVER SWORD INVESTMENTS LTD is a private company, limited by shares, registered in England and Wales, registration number 09507123. The registered office is 27 Beaumaris Road, , Bearwood,, Bournemouth,, BH11 9FX, England.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
over 5 years
4
Tangible fixed assets
Land & buildings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2022
378,000
5,784
383,784
At 31 March 2023
378,000
5,784
383,784
At 1 April 2022
-
5,784
5,784
At 31 March 2023
-
5,784
5,784
At 31 March 2023
378,000
-
378,000
At 31 March 2022
378,000
-
378,000
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
4,015
6,602
Loans from directors
23,238
23,238
SILVER SWORD INVESTMENTS LTD
Notes to the Accounts
for the year ended 31 March 2023
6
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
81,642
100,798
Amounts owed to group undertakings and other participating interests
54,900
55,150
Other creditors
5,773
5,773
Loans from directors
129,517
129,517
Bank Loans = £8,000/-
Mortgage = £105,220/-
Arcadia Loan = £55,150/-
Loan from Hamza Ghose = £5,773/-
Director's Investment =£148,309/-
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).