Silverfin false 31/01/2023 01/02/2022 31/01/2023 M A Lewis 18/05/2018 A Spencer-Smith 16/06/2011 M Stevens 16/06/2011 18 October 2023 The principal activity of the company was that of a holding company. 07672906 2023-01-31 07672906 bus:Director1 2023-01-31 07672906 bus:Director2 2023-01-31 07672906 bus:Director3 2023-01-31 07672906 2022-01-31 07672906 core:CurrentFinancialInstruments 2023-01-31 07672906 core:CurrentFinancialInstruments 2022-01-31 07672906 core:Non-currentFinancialInstruments 2023-01-31 07672906 core:Non-currentFinancialInstruments 2022-01-31 07672906 core:ShareCapital 2023-01-31 07672906 core:ShareCapital 2022-01-31 07672906 core:SharePremium 2023-01-31 07672906 core:SharePremium 2022-01-31 07672906 core:CapitalRedemptionReserve 2023-01-31 07672906 core:CapitalRedemptionReserve 2022-01-31 07672906 core:CostValuation 2022-01-31 07672906 core:CostValuation 2023-01-31 07672906 bus:OrdinaryShareClass1 2023-01-31 07672906 bus:OrdinaryShareClass2 2023-01-31 07672906 bus:OrdinaryShareClass3 2023-01-31 07672906 2022-02-01 2023-01-31 07672906 bus:FullAccounts 2022-02-01 2023-01-31 07672906 bus:SmallEntities 2022-02-01 2023-01-31 07672906 bus:AuditExemptWithAccountantsReport 2022-02-01 2023-01-31 07672906 bus:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 07672906 bus:Director1 2022-02-01 2023-01-31 07672906 bus:Director2 2022-02-01 2023-01-31 07672906 bus:Director3 2022-02-01 2023-01-31 07672906 2021-02-01 2022-01-31 07672906 core:Subsidiary1 2022-02-01 2023-01-31 07672906 core:Subsidiary1 1 2022-02-01 2023-01-31 07672906 core:Subsidiary1 1 2021-02-01 2022-01-31 07672906 core:Non-currentFinancialInstruments 2022-02-01 2023-01-31 07672906 bus:OrdinaryShareClass1 2022-02-01 2023-01-31 07672906 bus:OrdinaryShareClass1 2021-02-01 2022-01-31 07672906 bus:OrdinaryShareClass2 2022-02-01 2023-01-31 07672906 bus:OrdinaryShareClass2 2021-02-01 2022-01-31 07672906 bus:OrdinaryShareClass3 2022-02-01 2023-01-31 07672906 bus:OrdinaryShareClass3 2021-02-01 2022-01-31 iso4217:GBP xbrli:pure decimalUnit xbrli:shares

Company No: 07672906 (England and Wales)

MATTHEW STEVENS & SON HOLDINGS LIMITED

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

MATTHEW STEVENS & SON HOLDINGS LIMITED

Unaudited Financial Statements

For the financial year ended 31 January 2023

Contents

MATTHEW STEVENS & SON HOLDINGS LIMITED

BALANCE SHEET

As at 31 January 2023
MATTHEW STEVENS & SON HOLDINGS LIMITED

BALANCE SHEET (continued)

As at 31 January 2023
Note 2023 2022
£ £
Fixed assets
Investments 3 1,989,900 1,989,900
1,989,900 1,989,900
Creditors: amounts falling due within one year 4 ( 256,900) ( 256,900)
Net current liabilities (256,900) (256,900)
Total assets less current liabilities 1,733,000 1,733,000
Creditors: amounts falling due after more than one year 5 ( 250,000) ( 430,000)
Net assets 1,483,000 1,303,000
Capital and reserves
Called-up share capital 6 106 106
Share premium account 22,894 22,894
Capital redemption reserve 1,460,000 1,280,000
Total shareholders' funds 1,483,000 1,303,000

For the financial year ending 31 January 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Matthew Stevens & Son Holdings Limited (registered number: 07672906) were approved and authorised for issue by the Board of Directors on 18 October 2023. They were signed on its behalf by:

A Spencer-Smith
Director
MATTHEW STEVENS & SON HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 January 2023
MATTHEW STEVENS & SON HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 January 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

Matthew Stevens & Son 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 C/O Francis Clark Llp Melville Building East, Royal William Yard, Plymouth, PL1 3RP, United Kingdom.

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 £.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

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.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

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 Profit and Loss Account. Where fair value cannot be measured reliably, investments are measured at cost less impairment.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 3 3

3. Fixed asset investments

Investments in subsidiaries

2023
£
Cost
At 01 February 2022 1,989,900
At 31 January 2023 1,989,900
Carrying value at 31 January 2023 1,989,900
Carrying value at 31 January 2022 1,989,900

Investments in shares

Name of entity Registered office Nature of business Class of
shares
Ownership
31.01.2023
Ownership
31.01.2022
Matthew Stevens & Son Limited Companies House, Cardiff Supplier of fresh and frozen fish Ordinary 99.00% 99.00%

4. Creditors: amounts falling due within one year

2023 2022
£ £
Amounts owed to Group undertakings 5,140 5,140
Amounts owed to directors 1,760 1,760
Other creditors 250,000 250,000
256,900 256,900

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

2023 2022
£ £
Other creditors 250,000 430,000

There are no amounts included above in respect of which any security has been given by the small entity.

6. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
90 Ordinary shares of £ 1.00 each 90 90
10 Ordinary A shares of £ 1.00 each 10 10
6 Ordinary C shares of £ 1.00 each 6 6
106 106