Company Registration No. 02850519 (England and Wales)
Silver Street Property Co Limited
Unaudited accounts
for the year ended 31 December 2020
Silver Street Property Co Limited
Unaudited accounts
Contents
Silver Street Property Co Limited
Company Information
for the year ended 31 December 2020
Company Number
02850519 (England and Wales)
Registered Office
3 VERDALA PARK
LIVERPOOL
L18 3LB
Accountants
Diane Kenny
50 Molyneux Road
Waterloo
Liverpool
L22 4QZ
Silver Street Property Co Limited
Statement of financial position
as at 31 December 2020
Tangible assets
79,769
79,387
Cash at bank and in hand
486
83
Creditors: amounts falling due within one year
(30,452)
(30,209)
Net current liabilities
(29,966)
(30,126)
Called up share capital
100
100
Profit and loss account
49,703
49,161
Shareholders' funds
49,803
49,261
For the year ending 31 December 2020 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 3 March 2021 and were signed on its behalf by
Peter Douglas
Director
Company Registration No. 02850519
Silver Street Property Co Limited
Notes to the Accounts
for the year ended 31 December 2020
Silver Street Property Co Limited is a private company, limited by shares, registered in England and Wales, registration number 02850519. The registered office is 3 VERDALA PARK, LIVERPOOL, L18 3LB.
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:
4
Tangible fixed assets
Land & buildings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2020
79,387
-
79,387
At 31 December 2020
79,387
510
79,897
Charge for the year
-
128
128
At 31 December 2020
-
128
128
At 31 December 2020
79,387
382
79,769
At 31 December 2019
79,387
-
79,387
5
Creditors: amounts falling due within one year
2020
2019
Taxes and social security
273
479
Proposed dividends
1,000
1,000
Loans from directors
28,466
28,067
Silver Street Property Co Limited
Notes to the Accounts
for the year ended 31 December 2020
6
Average number of employees
During the year the average number of employees was 0 (2019: 0).
