Silverfin false 31/03/2023 01/04/2022 31/03/2023 Ms C L Simonds 06/01/2021 08 November 2023 The principal activity of the Company during the financial period was that of a holding company. 13117563 2023-03-31 13117563 bus:Director1 2023-03-31 13117563 2022-03-31 13117563 core:Non-currentFinancialInstruments 2023-03-31 13117563 core:Non-currentFinancialInstruments 2022-03-31 13117563 core:ShareCapital 2023-03-31 13117563 core:ShareCapital 2022-03-31 13117563 core:RetainedEarningsAccumulatedLosses 2023-03-31 13117563 core:RetainedEarningsAccumulatedLosses 2022-03-31 13117563 core:CostValuation 2022-03-31 13117563 core:CostValuation 2023-03-31 13117563 bus:OrdinaryShareClass1 2023-03-31 13117563 bus:PreferenceShareClass1 2023-03-31 13117563 2022-04-01 2023-03-31 13117563 bus:FullAccounts 2022-04-01 2023-03-31 13117563 bus:SmallEntities 2022-04-01 2023-03-31 13117563 bus:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 13117563 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 13117563 bus:Director1 2022-04-01 2023-03-31 13117563 2021-01-06 2022-03-31 13117563 core:Non-currentFinancialInstruments 2022-04-01 2023-03-31 13117563 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 13117563 bus:OrdinaryShareClass1 2021-01-06 2022-03-31 13117563 bus:PreferenceShareClass1 2022-04-01 2023-03-31 13117563 bus:PreferenceShareClass1 2021-01-06 2022-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 13117563 (England and Wales)

KILLYON HOLDINGS LTD

Unaudited Financial Statements
For the financial period ended 31 March 2023
Pages for filing with the registrar

KILLYON HOLDINGS LTD

Unaudited Financial Statements

For the financial period ended 31 March 2023

Contents

KILLYON HOLDINGS LTD

COMPANY INFORMATION

For the financial period ended 31 March 2023
KILLYON HOLDINGS LTD

COMPANY INFORMATION (continued)

For the financial period ended 31 March 2023
DIRECTOR Ms C L Simonds
REGISTERED OFFICE Sigma House Oak View Close
Edginswell Park
Torquay
TQ2 7FF
United Kingdom
COMPANY NUMBER 13117563 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Sigma House
Oak View Close
Edginswell Park
Torquay
TQ2 7FF
KILLYON HOLDINGS LTD

BALANCE SHEET

As at 31 March 2023
KILLYON HOLDINGS LTD

BALANCE SHEET (continued)

As at 31 March 2023
Note 31.03.2023 31.03.2022
£ £
Fixed assets
Investments 3 4,750,100 4,750,100
4,750,100 4,750,100
Net current assets 0 0
Total assets less current liabilities 4,750,100 4,750,100
Creditors: amounts falling due after more than one year 4 ( 4,716,250) ( 4,716,250)
Net assets 33,850 33,850
Capital and reserves
Called-up share capital 5 23,850 23,850
Profit and loss account 10,000 10,000
Total shareholders' funds 33,850 33,850

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.

Director's responsibilities:

The financial statements of Killyon Holdings Ltd (registered number: 13117563) were approved and authorised for issue by the Director on 08 November 2023. They were signed on its behalf by:

Ms C L Simonds
Director
KILLYON HOLDINGS LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial period ended 31 March 2023
KILLYON HOLDINGS LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial period ended 31 March 2023
1. Accounting policies

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

General information and basis of accounting

Killyon 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. The address of the Company's registered office is Sigma House Oak View Close, Edginswell Park, Torquay, TQ2 7FF, 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 Balance Sheet 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.

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 Statement of Income and Retained Earnings as described below.

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.

2. Employees

Year ended
31.03.2023
Period from
06.01.2021 to
31.03.2022
Number Number
Monthly average number of persons employed by the Company during the period, including the director 0 0

3. Fixed asset investments

Investments in subsidiaries

31.03.2023
£
Cost
At 01 April 2022 4,750,100
At 31 March 2023 4,750,100
Carrying value at 31 March 2023 4,750,100
Carrying value at 31 March 2022 4,750,100

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

31.03.2023 31.03.2022
£ £
Other creditors 4,716,250 4,716,250

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

5. Called-up share capital

31.03.2023 31.03.2022
£ £
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each 100 100
23,750 Preference non-redeemable shares of £ 1.00 each 23,750 23,750
23,850 23,850