Silverfin false 31/03/2023 01/04/2022 31/03/2023 Mr I D Loram 26/10/2017 16 October 2023 The principal activity of the company is that of a holding company. 11034371 2023-03-31 11034371 bus:Director1 2023-03-31 11034371 2022-03-31 11034371 core:CurrentFinancialInstruments 2023-03-31 11034371 core:CurrentFinancialInstruments 2022-03-31 11034371 core:Non-currentFinancialInstruments 2023-03-31 11034371 core:Non-currentFinancialInstruments 2022-03-31 11034371 core:ShareCapital 2023-03-31 11034371 core:ShareCapital 2022-03-31 11034371 bus:OrdinaryShareClass1 2023-03-31 11034371 bus:PreferenceShareClass1 2023-03-31 11034371 2022-04-01 2023-03-31 11034371 bus:FullAccounts 2022-04-01 2023-03-31 11034371 bus:SmallEntities 2022-04-01 2023-03-31 11034371 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 11034371 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 11034371 bus:Director1 2022-04-01 2023-03-31 11034371 2021-04-01 2022-03-31 11034371 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 11034371 bus:OrdinaryShareClass1 2021-04-01 2022-03-31 11034371 bus:PreferenceShareClass1 2022-04-01 2023-03-31 11034371 bus:PreferenceShareClass1 2021-04-01 2022-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 11034371 (England and Wales)

T AND I STOCKMAN HOLDINGS LIMITED

Unaudited Financial Statements
For the financial year ended 31 March 2023
Pages for filing with the registrar

T AND I STOCKMAN HOLDINGS LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2023

Contents

T AND I STOCKMAN HOLDINGS LIMITED

COMPANY INFORMATION

For the financial year ended 31 March 2023
T AND I STOCKMAN HOLDINGS LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 March 2023
DIRECTOR Mr I D Loram
REGISTERED OFFICE Sigma House Oak View Close
Edginswell Park
Torquay
TQ2 7FF
United Kingdom
COMPANY NUMBER 11034371 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Sigma House
Oak View Close
Edginswell Park
Torquay
TQ2 7FF
T AND I STOCKMAN HOLDINGS LIMITED

BALANCE SHEET

As at 31 March 2023
T AND I STOCKMAN HOLDINGS LIMITED

BALANCE SHEET (continued)

As at 31 March 2023
Note 2023 2022
£ £
Fixed assets
Investments 3 915,100 915,100
915,100 915,100
Creditors: amounts falling due within one year 4 ( 4,575) ( 4,575)
Net current liabilities (4,575) (4,575)
Total assets less current liabilities 910,525 910,525
Creditors: amounts falling due after more than one year 5 ( 41,175) ( 41,175)
Net assets 869,350 869,350
Capital and reserves
Called-up share capital 6 869,350 869,350
Total shareholders' funds 869,350 869,350

For the financial 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.

Director's responsibilities:

The financial statements of T and I Stockman Holdings Limited (registered number: 11034371) were approved and authorised for issue by the Director on 16 October 2023. They were signed on its behalf by:

Mr I D Loram
Director
T AND I STOCKMAN HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
T AND I STOCKMAN HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

T and I Stockman Holdings Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales.

The address of the Company's registered office is Sigma House Oak View Close, Edginswell Park, Torquay, TQ2 7FF.

The principal place of business is 17 Holwell Road, Brixham, Devon, TQ5 9NE.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.

Dividend income

Dividend income is recognised when the company's right to receive payment has been established.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Investments
Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares are publicly traded or their fair value is reliably measurable) are measured at fair value through the Statement of Income and Retained Earnings. Where fair value cannot be measured reliably, investments are measured at cost less impairment.

Interest income on debt securities, where applicable, is recognised as income using the effective interest method. Dividends on equity securities are recognised as income when receivable.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Fixed asset investments

2023 2022
£ £
Subsidiary undertakings 915,100 915,100

4. Creditors: amounts falling due within one year

2023 2022
£ £
Other creditors 4,575 4,575

5. Creditors: amounts falling due after more than one year

2023 2022
£ £
Other creditors 41,175 41,175

6. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
100 Ordinary Shares shares of £ 1.00 each 100 100
915,000 Preference Shares shares of £ 1.00 each 915,000 915,000
915,100 915,100

During 2019, Preference shares which are redeemable at the company's option and carry a coupon of 0.05% were issued. As such, these comprise an equity and a liability element, with £394,250 being recognised as capital and £20,750 being recognised as a liability.

In addition, during 2021, further preference shares which are also redeemable at the company's option and carry a coupon of 0.05% were issued. As such, these preference shares also comprise an equity and a liability element, with a further £475,000 being recognised as capital and £25,000 being recognised as a liability.