Silverfin false 30/04/2023 01/05/2022 30/04/2023 B J M Allan 31/03/2008 09 November 2023 The principal activity of the Company during the financial year was that of a holding company. 06543990 2023-04-30 06543990 bus:Director1 2023-04-30 06543990 2022-04-30 06543990 core:Non-currentFinancialInstruments 2023-04-30 06543990 core:Non-currentFinancialInstruments 2022-04-30 06543990 core:ShareCapital 2023-04-30 06543990 core:ShareCapital 2022-04-30 06543990 core:CapitalRedemptionReserve 2023-04-30 06543990 core:CapitalRedemptionReserve 2022-04-30 06543990 core:RetainedEarningsAccumulatedLosses 2023-04-30 06543990 core:RetainedEarningsAccumulatedLosses 2022-04-30 06543990 core:CostValuation 2022-04-30 06543990 core:CostValuation 2023-04-30 06543990 core:ProvisionsForImpairmentInvestments 2022-04-30 06543990 core:ProvisionsForImpairmentInvestments 2023-04-30 06543990 bus:OrdinaryShareClass1 2023-04-30 06543990 2022-05-01 2023-04-30 06543990 bus:FullAccounts 2022-05-01 2023-04-30 06543990 bus:SmallEntities 2022-05-01 2023-04-30 06543990 bus:AuditExemptWithAccountantsReport 2022-05-01 2023-04-30 06543990 bus:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 06543990 bus:Director1 2022-05-01 2023-04-30 06543990 2021-05-01 2022-04-30 06543990 core:Non-currentFinancialInstruments 2022-05-01 2023-04-30 06543990 bus:OrdinaryShareClass1 2022-05-01 2023-04-30 06543990 bus:OrdinaryShareClass1 2021-05-01 2022-04-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 06543990 (England and Wales)

DOTTED EYES HOLDINGS LIMITED

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

DOTTED EYES HOLDINGS LIMITED

Unaudited Financial Statements

For the financial year ended 30 April 2023

Contents

DOTTED EYES HOLDINGS LIMITED

STATEMENT OF FINANCIAL POSITION

As at 30 April 2023
DOTTED EYES HOLDINGS LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

As at 30 April 2023
Note 2023 2022
£ £
Fixed assets
Investments 3 3,000,000 3,000,000
3,000,000 3,000,000
Current assets
Cash at bank and in hand 235 334
235 334
Net current assets 235 334
Total assets less current liabilities 3,000,235 3,000,334
Creditors: amounts falling due after more than one year 4 ( 1,850,000) ( 1,850,000)
Net assets 1,150,235 1,150,334
Capital and reserves
Called-up share capital 5 150,000 150,000
Capital redemption reserve 150,000 150,000
Profit and loss account 850,235 850,334
Total shareholder's funds 1,150,235 1,150,334

For the financial year ending 30 April 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 Dotted Eyes Holdings Limited (registered number: 06543990) were approved and authorised for issue by the Director on 09 November 2023. They were signed on its behalf by:

B J M Allan
Director
DOTTED EYES HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 2023
DOTTED EYES HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 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

Dotted Eyes 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 1 - 3 College Yard, Worcester, WR1 2LB, 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 director has assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The director has 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.

Dividend income

Dividend income from investments is recognised when the shareholders' rights to receive payment have been established (provided that it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably).

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.

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.

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.

Impairment of assets

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

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.

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 the director 1 1

3. Fixed asset investments

Investments in associates Total
£ £
Carrying value before impairment
At 01 May 2022 3,000,000 3,000,000
At 30 April 2023 3,000,000 3,000,000
Provisions for impairment
At 01 May 2022 0 0
At 30 April 2023 0 0
Carrying value at 30 April 2023 3,000,000 3,000,000
Carrying value at 30 April 2022 3,000,000 3,000,000

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

2023 2022
£ £
Amounts owed to Group undertakings 1,850,000 1,850,000

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

5. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
15,000,001 Ordinary shares of £ 0.01 each (2022: 15,000,000 shares of £ 0.01 each) 150,000 150,000

On the 7th September 2021 the company purchased 14,999,999 of it's own shares back from Shareholders for a consideration of £300,000

6. Related party transactions

Transactions with owners holding a participating interest in the entity

Shareholder dividends were declared totalling £nil (2022: £34,720).

Other related party transactions

2023 2022
£ £
Amounts owed to group undertakings 1,850,000 1,850,000