Silverfin false 31/01/2023 01/02/2022 31/01/2023 Mark David Goodhead 21/02/2020 David Cooper Prime 21/02/2020 23 October 2023 The principal activity of Longshot Systems Holdings Ltd, registered in United Kingdom during the year was that of a holding company. The company's primary function is to hold investments in its subsidiary undertakings and derive dividends and other investment income from these holdings.

During the year, there were no significant changes in the nature of the company's principal activities.
12477109 2023-01-31 12477109 bus:Director1 2023-01-31 12477109 bus:Director2 2023-01-31 12477109 core:CurrentFinancialInstruments 2023-01-31 12477109 core:CurrentFinancialInstruments 2022-01-31 12477109 2022-01-31 12477109 core:ShareCapital 2023-01-31 12477109 core:ShareCapital 2022-01-31 12477109 core:SharePremium 2023-01-31 12477109 core:SharePremium 2022-01-31 12477109 core:OtherCapitalReserve 2023-01-31 12477109 core:OtherCapitalReserve 2022-01-31 12477109 core:RetainedEarningsAccumulatedLosses 2023-01-31 12477109 core:RetainedEarningsAccumulatedLosses 2022-01-31 12477109 core:ShareCapital 2021-01-31 12477109 core:SharePremium 2021-01-31 12477109 core:OtherCapitalReserve 2021-01-31 12477109 core:RetainedEarningsAccumulatedLosses 2021-01-31 12477109 2021-01-31 12477109 bus:OrdinaryShareClass1 2023-01-31 12477109 bus:OrdinaryShareClass2 2023-01-31 12477109 2022-02-01 2023-01-31 12477109 bus:AbridgedAccounts 2022-02-01 2023-01-31 12477109 bus:SmallEntities 2022-02-01 2023-01-31 12477109 bus:AuditExempt-NoAccountantsReport 2022-02-01 2023-01-31 12477109 bus:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 12477109 bus:Director1 2022-02-01 2023-01-31 12477109 bus:Director2 2022-02-01 2023-01-31 12477109 core:ShareCapital 2021-02-01 2022-01-31 12477109 core:SharePremium 2021-02-01 2022-01-31 12477109 core:OtherCapitalReserve 2021-02-01 2022-01-31 12477109 core:RetainedEarningsAccumulatedLosses 2021-02-01 2022-01-31 12477109 2021-02-01 2022-01-31 12477109 core:ShareCapital 2022-02-01 2023-01-31 12477109 core:SharePremium 2022-02-01 2023-01-31 12477109 core:OtherCapitalReserve 2022-02-01 2023-01-31 12477109 core:RetainedEarningsAccumulatedLosses 2022-02-01 2023-01-31 12477109 bus:OrdinaryShareClass1 2022-02-01 2023-01-31 12477109 bus:OrdinaryShareClass1 2021-02-01 2022-01-31 12477109 bus:OrdinaryShareClass2 2022-02-01 2023-01-31 12477109 bus:OrdinaryShareClass2 2021-02-01 2022-01-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 12477109 (England and Wales)

LONGSHOT SYSTEMS HOLDING LTD

Abridged Unaudited Financial Statements
For the financial year ended 31 January 2023

LONGSHOT SYSTEMS HOLDING LTD

Abridged Unaudited Financial Statements

For the financial year ended 31 January 2023

Contents

LONGSHOT SYSTEMS HOLDING LTD

COMPANY INFORMATION

For the financial year ended 31 January 2023
LONGSHOT SYSTEMS HOLDING LTD

COMPANY INFORMATION (continued)

For the financial year ended 31 January 2023
DIRECTORS Mark David Goodhead
David Cooper Prime
REGISTERED OFFICE 199 Chiltern Court
188 Baker Street
London
NW1 5SD
England
United Kingdom
COMPANY NUMBER 12477109 (England and Wales)
ACCOUNTANT OnTheGo Accountants Limited
330 Holborn Gate
High Holborn
London
WC1V 7QH
LONGSHOT SYSTEMS HOLDING LTD

BALANCE SHEET

As at 31 January 2023
LONGSHOT SYSTEMS HOLDING LTD

BALANCE SHEET (continued)

As at 31 January 2023
2023 2022
£ £
Current assets
Debtors 70,197 9
70,197 9
Net current assets 70,197 9
Total assets less current liabilities 70,197 9
Net assets 70,197 9
Capital and reserves
Called-up share capital 3 9 9
Share premium account 70,188 0
Other reserves 25,041 0
Profit and loss account ( 25,041 ) 0
Total shareholders' funds 70,197 9

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 Longshot Systems Holding Ltd (registered number: 12477109) were approved and authorised for issue by the Board of Directors on 23 October 2023. They were signed on its behalf by:

Mark David Goodhead
Director
LONGSHOT SYSTEMS HOLDING LTD

STATEMENT OF CHANGES IN EQUITY

For the financial year ended 31 January 2023
LONGSHOT SYSTEMS HOLDING LTD

STATEMENT OF CHANGES IN EQUITY (continued)

For the financial year ended 31 January 2023
Called-up share capital Share premium account Other reserves Profit and loss account Total
£ £ £ £ £
At 01 February 2021 9 0 0 0 9
Total comprehensive income 0 0 0 0 0
At 31 January 2022 9 0 0 0 9
At 01 February 2022 9 0 0 0 9
Loss for the financial year 0 0 0 ( 25,041) ( 25,041)
Total comprehensive loss 0 0 0 ( 25,041) ( 25,041)
Issue of share capital 0 70,188 0 0 70,188
Credit to equity for equity settled share-based payment 0 0 25,041 0 25,041
At 31 January 2023 9 70,188 25,041 ( 25,041) 70,197
LONGSHOT SYSTEMS HOLDING LTD

NOTES TO THE ABRIDGED FINANCIAL STATEMENTS

For the financial year ended 31 January 2023
LONGSHOT SYSTEMS HOLDING LTD

NOTES TO THE ABRIDGED 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

Longshot Systems Holding 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 199 Chiltern Court, 188 Baker Street, London, NW1 5SD, England, 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.

Share-based payment

Equity-settled share-based payment transactions are measured at fair value at the date of grant. The fair value determined at the grant date of the equity-settled share-based payments is expensed on a straight-line basis over the vesting period, based on the Company’s estimate of shares that will eventually vest and adjusted for the effect of non-market-based vesting conditions.

Fair value is measured by use of the exercise price which is considered by management to be the most appropriate method of valuation. The expected life used in the model has been adjusted, based on management’s best estimate, for the effects of non-transferability, exercise restrictions, and behavioural considerations.

Cancellations or settlements (including those resulting from employee redundancies) are treated as an acceleration of vesting and the amount that would have been recognised over the remaining vesting period is recognised immediately.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

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 2 2

3. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
850,000 A Ordinary Shares shares of £ 0.00001 each 8.50 8.50
13,020 B Ordinary Shares shares of £ 0.00001 each (2022: nil shares) 0.13 0
8.63 8.50

4. Related party transactions

Transactions with entities in which the entity itself has a participating interest

2023 2022
£ £
Amount owed to the company by Longshot Systems Ltd 70,189 0

Transactions with the entity's directors

2023 2022
£ £
Amounts owed to the company by the directors 8 9