Silverfin false 28/02/2023 01/03/2022 28/02/2023 Mr I Harding 23/02/2021 14 November 2023 The principal activity of the Company during the financial year was that of an investment company. 13219977 2023-02-28 13219977 bus:Director1 2023-02-28 13219977 2022-02-28 13219977 core:CurrentFinancialInstruments 2023-02-28 13219977 core:CurrentFinancialInstruments 2022-02-28 13219977 core:ShareCapital 2023-02-28 13219977 core:ShareCapital 2022-02-28 13219977 core:CostValuation 2022-02-28 13219977 core:AdditionsToInvestments 2023-02-28 13219977 core:CostValuation 2023-02-28 13219977 core:ProvisionsForImpairmentInvestments 2022-02-28 13219977 core:ProvisionsForImpairmentInvestments 2023-02-28 13219977 bus:OrdinaryShareClass1 2023-02-28 13219977 2022-03-01 2023-02-28 13219977 bus:FullAccounts 2022-03-01 2023-02-28 13219977 bus:SmallEntities 2022-03-01 2023-02-28 13219977 bus:AuditExemptWithAccountantsReport 2022-03-01 2023-02-28 13219977 bus:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 13219977 bus:Director1 2022-03-01 2023-02-28 13219977 2021-02-23 2022-02-28 13219977 bus:OrdinaryShareClass1 2022-03-01 2023-02-28 13219977 bus:OrdinaryShareClass1 2021-02-23 2022-02-28 iso4217:GBP xbrli:pure xbrli:shares

Company No: 13219977 (England and Wales)

HARE HOUSE INVESTMENTS LIMITED

Unaudited Financial Statements
For the financial year ended 28 February 2023
Pages for filing with the registrar

HARE HOUSE INVESTMENTS LIMITED

Unaudited Financial Statements

For the financial year ended 28 February 2023

Contents

HARE HOUSE INVESTMENTS LIMITED

COMPANY INFORMATION

For the financial year ended 28 February 2023
HARE HOUSE INVESTMENTS LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 28 February 2023
DIRECTOR Mr I Harding
REGISTERED OFFICE Ground Floor Blackbrook Gate 1
Blackbrook Business Park
Taunton
TA1 2PX
United Kingdom
COMPANY NUMBER 13219977 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Blackbrook Gate 1
Blackbrook Business Park
Taunton
Somerset TA1 2PX
HARE HOUSE INVESTMENTS LIMITED

BALANCE SHEET

As at 28 February 2023
HARE HOUSE INVESTMENTS LIMITED

BALANCE SHEET (continued)

As at 28 February 2023
Note 28.02.2023 28.02.2022
£ £
Fixed assets
Investments 4 2,500,000 1,598,545
2,500,000 1,598,545
Creditors: amounts falling due within one year 5 ( 2,499,900) ( 1,598,445)
Net current liabilities (2,499,900) (1,598,445)
Total assets less current liabilities 100 100
Net assets 100 100
Capital and reserves
Called-up share capital 6 100 100
Total shareholder's funds 100 100

For the financial year ending 28 February 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 Hare House Investments Limited (registered number: 13219977) were approved and authorised for issue by the Director on 14 November 2023. They were signed on its behalf by:

Mr I Harding
Director
HARE HOUSE INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 28 February 2023
HARE HOUSE INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 28 February 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 period, unless otherwise stated.

General information and basis of accounting

Hare House Investments 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 Ground Floor Blackbrook Gate 1, Blackbrook Business Park, Taunton, TA1 2PX, 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 £.

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.

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.

Other financial assets
Other financial assets, including investments in equity instruments which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit or loss, except that investments in equity instruments that are not publicly traded and whose fair values cannot be measured reliably are measured at cost less impairment.

Ordinary share capital

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

2. Critical accounting judgements and key sources of estimation uncertainty

In the application of the Company’s accounting policies, the director is required to make judgements that have a significant impact on the amounts recognised. The following are the critical judgements that the director has made in the process of applying the Company’s accounting policies and that have the most significant effect on the amounts recognised in the financial statements.

Fixed asset investments are valued at cost less impairment which requires an estimate as to the current value of the investments. The carrying amount is £2,500,000 (2022: £1,598,545).

3. Employees

Year ended
28.02.2023
Period from
23.02.2021 to
28.02.2022
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

4. Fixed asset investments

Other investments Total
£ £
Carrying value before impairment
At 01 March 2022 1,598,545 1,598,545
Additions 901,455 901,455
At 28 February 2023 2,500,000 2,500,000
Provisions for impairment
At 01 March 2022 0 0
At 28 February 2023 0 0
Carrying value at 28 February 2023 2,500,000 2,500,000
Carrying value at 28 February 2022 1,598,545 1,598,545

5. Creditors: amounts falling due within one year

28.02.2023 28.02.2022
£ £
Amounts owed to director 2,499,900 1,598,445

6. Called-up share capital

28.02.2023 28.02.2022
£ £
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each 100 100