Silverfin false 31/03/2023 01/02/2022 31/03/2023 AP Duncalf 01/02/2022 H M Duncalf 01/02/2022 20 October 2023 The principal activity of the company during the period was that of an investment company. 13884620 2023-03-31 13884620 bus:Director1 2023-03-31 13884620 bus:Director2 2023-03-31 13884620 core:CurrentFinancialInstruments 2023-03-31 13884620 core:ShareCapital 2023-03-31 13884620 core:RetainedEarningsAccumulatedLosses 2023-03-31 13884620 core:CostValuation 2022-01-31 13884620 core:AdditionsToInvestments 2023-03-31 13884620 core:DisposalsRepaymentsInvestments 2023-03-31 13884620 core:CostValuation 2023-03-31 13884620 core:ProvisionsForImpairmentInvestments 2022-01-31 13884620 core:ProvisionsForImpairmentInvestments 2023-03-31 13884620 bus:OrdinaryShareClass1 2023-03-31 13884620 2022-02-01 2023-03-31 13884620 bus:FullAccounts 2022-02-01 2023-03-31 13884620 bus:SmallEntities 2022-02-01 2023-03-31 13884620 bus:AuditExemptWithAccountantsReport 2022-02-01 2023-03-31 13884620 bus:PrivateLimitedCompanyLtd 2022-02-01 2023-03-31 13884620 bus:Director1 2022-02-01 2023-03-31 13884620 bus:Director2 2022-02-01 2023-03-31 13884620 bus:OrdinaryShareClass1 2022-02-01 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 13884620 (England and Wales)

RED AND WHITE STRIPE COMPANY LTD

Unaudited Financial Statements
For the financial period from 01 February 2022 to 31 March 2023
Pages for filing with the registrar

RED AND WHITE STRIPE COMPANY LTD

Unaudited Financial Statements

For the financial period from 01 February 2022 to 31 March 2023

Contents

RED AND WHITE STRIPE COMPANY LTD

BALANCE SHEET

As at 31 March 2023
RED AND WHITE STRIPE COMPANY LTD

BALANCE SHEET (continued)

As at 31 March 2023
Note 31.03.2023
£
Fixed assets
Investments 3 777,742
777,742
Current assets
Debtors 4 8
Cash at bank and in hand 56,666
56,674
Creditors: amounts falling due within one year 5 ( 837,884)
Net current liabilities (781,210)
Total assets less current liabilities (3,468)
Net liabilities ( 3,468)
Capital and reserves
Called-up share capital 6 100
Profit and loss account ( 3,568 )
Total shareholder's deficit ( 3,468)

For the financial period ending 31 March 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 Red and White Stripe Company Ltd (registered number: 13884620) were approved and authorised for issue by the Board of Directors on 20 October 2023. They were signed on its behalf by:

AP Duncalf
Director
RED AND WHITE STRIPE COMPANY LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 February 2022 to 31 March 2023
RED AND WHITE STRIPE COMPANY LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 February 2022 to 31 March 2023
1. Accounting policies

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

General information and basis of accounting

Red and White Stripe Company Ltd (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 Richmond Point, 43 Richmond Hill, Bournemouth, BH2 6LR, 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 £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

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.

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.

2. Employees

Period from
01.02.2022 to
31.03.2023
Number
Monthly average number of persons employed by the Company during the period, including directors 2

3. Fixed asset investments

Other investments Total
£ £
Carrying value before impairment
At 01 February 2022 0 0
Additions 777,950 777,950
Disposals ( 208) ( 208)
At 31 March 2023 777,742 777,742
Provisions for impairment
At 01 February 2022 0 0
At 31 March 2023 0 0
Carrying value at 31 March 2023 777,742 777,742

4. Debtors

31.03.2023
£
Corporation tax 8

5. Creditors: amounts falling due within one year

31.03.2023
£
Other creditors 837,884

6. Called-up share capital

31.03.2023
£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each 100