Silverconnections Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 08797009 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD

29 NOVEMBER 2013 TO 31 MARCH 2015

FOR

SILVERCONNECTIONS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs G Abraham

J S Abraham

J Anderson

REGISTERED OFFICE:

Victoria House

44-45 Queens Road

Coventry

West Midlands

CV1 3EH

REGISTERED NUMBER:

08797009 (England and Wales)

ACCOUNTANTS:

LDP Luckmans

Victoria House

44-45 Queens Road

Coventry

West Midlands

CV1 3EH

FIXED ASSETS

Investments

2

116,252

CURRENT ASSETS

Debtors

83,200

Cash in hand

100

83,300

CREDITORS

Amounts falling due within one year

256,102

NET CURRENT LIABILITIES

(172,802

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(56,550

)

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

(56,650

)

SHAREHOLDERS' FUNDS

(56,550

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 12 November 2015 and were signed on its behalf by:

J Anderson - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

As at 31 March 2015 the balance sheet showed a deficit of £56,550. The directors believe the financial

statements should still be prepared on a going concern basis due to the company having the

continuing support of its creditors. Therefore, no accounting entries have been made to the financial

statements to reflect any adjustments which may be required should this support be withdrawn.

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

Additions

116,252

At 31 March 2015

116,252

NET BOOK VALUE

At 31 March 2015

116,252

The company's investments at the Balance Sheet date in the share capital of companies include the

following:

Argentium International Limited

Nature of business: Research and development into Argentium Silver

%

Class of shares:

holding

Ordinary 1p

75.00

2015

£

Aggregate capital and reserves

(1,583,670

)

Profit for the period

28,597

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1.00

100

100 Ordinary shares of £1.00 were issued during the period for cash of £ 100 .