Silverfin false false 30/06/2023 01/07/2022 30/06/2023 Dougal Alastair Lawson Lyon 16/12/2016 George Douglas Lawson Lyon 16/12/2016 Shane Valerie Lyon 16/12/2016 17 October 2023 The principal activity of the Company during the financial year was that of a holding company. 10529492 2023-06-30 10529492 bus:Director1 2023-06-30 10529492 bus:Director2 2023-06-30 10529492 bus:Director3 2023-06-30 10529492 2022-06-30 10529492 core:CurrentFinancialInstruments 2023-06-30 10529492 core:CurrentFinancialInstruments 2022-06-30 10529492 core:ShareCapital 2023-06-30 10529492 core:ShareCapital 2022-06-30 10529492 core:RetainedEarningsAccumulatedLosses 2023-06-30 10529492 core:RetainedEarningsAccumulatedLosses 2022-06-30 10529492 core:CostValuation 2022-06-30 10529492 core:CostValuation 2023-06-30 10529492 bus:OrdinaryShareClass1 2023-06-30 10529492 2022-07-01 2023-06-30 10529492 bus:FilletedAccounts 2022-07-01 2023-06-30 10529492 bus:SmallEntities 2022-07-01 2023-06-30 10529492 bus:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 10529492 bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 10529492 bus:Director1 2022-07-01 2023-06-30 10529492 bus:Director2 2022-07-01 2023-06-30 10529492 bus:Director3 2022-07-01 2023-06-30 10529492 2021-07-01 2022-06-30 10529492 bus:OrdinaryShareClass1 2022-07-01 2023-06-30 10529492 bus:OrdinaryShareClass1 2021-07-01 2022-06-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 10529492 (England and Wales)

BENDARROCH HOLDINGS LTD

Unaudited Financial Statements
For the financial year ended 30 June 2023
Pages for filing with the registrar

BENDARROCH HOLDINGS LTD

Unaudited Financial Statements

For the financial year ended 30 June 2023

Contents

BENDARROCH HOLDINGS LTD

STATEMENT OF FINANCIAL POSITION

As at 30 June 2023
BENDARROCH HOLDINGS LTD

STATEMENT OF FINANCIAL POSITION (continued)

As at 30 June 2023
Note 2023 2022
£ £
Fixed assets
Investments 3 930,975 930,975
930,975 930,975
Current assets
Debtors 4 10,961 6,955
Cash at bank and in hand 668 1,501
11,629 8,456
Creditors: amounts falling due within one year 5 ( 1,696) ( 1,382)
Net current assets 9,933 7,074
Total assets less current liabilities 940,908 938,049
Net assets 940,908 938,049
Capital and reserves
Called-up share capital 6 930,976 930,976
Profit and loss account 9,932 7,073
Total shareholder's funds 940,908 938,049

For the financial year ending 30 June 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 Bendarroch Holdings Ltd (registered number: 10529492) were approved and authorised for issue by the Director on 17 October 2023. They were signed on its behalf by:

Shane Valerie Lyon
Director
BENDARROCH HOLDINGS LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2023
BENDARROCH HOLDINGS LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 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

Bendarroch Holdings 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, registered number 10529492. The address of the Company's registered office is 2nd Floor Stratus House, Emperor Way, Exeter Business Park, Exeter, EX1 3QS, 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 Statement of Financial Position 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.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

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 Statement of Financial Position date.

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.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

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.

Ordinary share capital

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

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 directors 3 3

3. Fixed asset investments

Investments in subsidiaries

2023
£
Cost
At 01 July 2022 930,975
At 30 June 2023 930,975
Carrying value at 30 June 2023 930,975
Carrying value at 30 June 2022 930,975

4. Debtors

2023 2022
£ £
Amounts owed by own subsidiaries 10,961 6,955

5. Creditors: amounts falling due within one year

2023 2022
£ £
Accruals 1,025 550
Taxation and social security 671 832
1,696 1,382

6. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
930,976 Ordinary shares of £ 1.00 each 930,976 930,976