Cecil Silver Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 00408623 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2017

for

CECIL SILVER LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J C Silver

J E A Silver

SECRETARY:

J E A Silver

REGISTERED OFFICE:

32 Well Lane

Stock

Ingatestone

Essex

CM4 9LZ

REGISTERED NUMBER:

00408623 (England and Wales)

FIXED ASSETS

Tangible assets

4

334,893

334,893

CURRENT ASSETS

Debtors

5

132,000

132,300

Cash in hand

1,081,513

688,777

1,213,513

821,077

CREDITORS

Amounts falling due within one year

6

487,386

410,563

NET CURRENT ASSETS

726,127

410,514

TOTAL ASSETS LESS CURRENT LIABILITIES

1,061,020

745,407

CAPITAL AND RESERVES

Called up share capital

7

20,000

20,000

Retained earnings

1,041,020

725,407

SHAREHOLDERS' FUNDS

1,061,020

745,407

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 on 8 September 2017 and were signed on its behalf by:

J E A Silver - Director

1.	STATUTORY INFORMATION

Cecil Silver Limited is a private company, limited by shares , registered in England and Wales. The 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

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents income from and gains on investments net of value added tax.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 July 2016

and 30 June 2017

334,893

NET BOOK VALUE

At 30 June 2017

334,893

At 30 June 2016

334,893

The properties are investment properties.

FRS 102 requires completed investment properties to be included in the financial statements at their open market

value. The directors consider that the time and expense involved in an external valuation exceeds the value of

the exercise and properties are included in the financial statements at cost.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.17

30.6.16

£

£

Trade debtors

132,000

132,300

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.17

30.6.16

£

£

Taxation and social security

207,439

158,526

Other creditors

279,947

252,037

487,386

410,563

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.17

30.6.16

value:

£

£

4,000

"A" ordinary

£1

4,000

4,000

16,000

"B" ordinary

£1

16,000

16,000

20,000

20,000

The "B" shares do not carry voting rights. The "A" and "B" shares rank pari passu in all other respects.

8.	RELATED PARTY DISCLOSURES

During the year dividends were paid to the directors and their immediate family, amounting to £159,990 (2016

£159,990).

9.	ULTIMATE CONTROLLING PARTY

The company is controlled by the two directors.