Silverfin false 31/12/2022 01/04/2022 31/12/2022 Andrew Beckett 26/02/2021 Beverley Jayne Beckett 02/03/2021 Elizabeth Ann Croft 02/03/2021 Lawrence Lennard Croft 02/03/2021 22 May 2023 The principal activity of the Company during the financial period was that of a holding Company. 13230586 2022-12-31 13230586 bus:Director1 2022-12-31 13230586 bus:Director2 2022-12-31 13230586 bus:Director3 2022-12-31 13230586 bus:Director4 2022-12-31 13230586 2022-03-31 13230586 core:CurrentFinancialInstruments 2022-12-31 13230586 core:CurrentFinancialInstruments 2022-03-31 13230586 core:ShareCapital 2022-12-31 13230586 core:ShareCapital 2022-03-31 13230586 core:SharePremium 2022-12-31 13230586 core:SharePremium 2022-03-31 13230586 core:RetainedEarningsAccumulatedLosses 2022-12-31 13230586 core:RetainedEarningsAccumulatedLosses 2022-03-31 13230586 core:CostValuation 2022-03-31 13230586 core:CostValuation 2022-12-31 13230586 core:SubsidiariesWithMaterialNon-controllingInterests core:CurrentFinancialInstruments 2022-12-31 13230586 core:SubsidiariesWithMaterialNon-controllingInterests core:CurrentFinancialInstruments 2022-03-31 13230586 bus:OrdinaryShareClass1 2022-12-31 13230586 bus:OrdinaryShareClass2 2022-12-31 13230586 bus:OrdinaryShareClass3 2022-12-31 13230586 2022-04-01 2022-12-31 13230586 bus:FullAccounts 2022-04-01 2022-12-31 13230586 bus:SmallEntities 2022-04-01 2022-12-31 13230586 bus:AuditExemptWithAccountantsReport 2022-04-01 2022-12-31 13230586 bus:PrivateLimitedCompanyLtd 2022-04-01 2022-12-31 13230586 bus:Director1 2022-04-01 2022-12-31 13230586 bus:Director2 2022-04-01 2022-12-31 13230586 bus:Director3 2022-04-01 2022-12-31 13230586 bus:Director4 2022-04-01 2022-12-31 13230586 2021-02-26 2022-03-31 13230586 bus:OrdinaryShareClass1 2022-04-01 2022-12-31 13230586 bus:OrdinaryShareClass1 2021-02-26 2022-03-31 13230586 bus:OrdinaryShareClass2 2022-04-01 2022-12-31 13230586 bus:OrdinaryShareClass2 2021-02-26 2022-03-31 13230586 bus:OrdinaryShareClass3 2022-04-01 2022-12-31 13230586 bus:OrdinaryShareClass3 2021-02-26 2022-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 13230586 (England and Wales)

MAXEY MOVERLEY HOLDINGS LIMITED

Unaudited Financial Statements
For the financial period from 01 April 2022 to 31 December 2022
Pages for filing with the registrar

MAXEY MOVERLEY HOLDINGS LIMITED

Unaudited Financial Statements

For the financial period from 01 April 2022 to 31 December 2022

Contents

MAXEY MOVERLEY HOLDINGS LIMITED

STATEMENT OF FINANCIAL POSITION

As at 31 December 2022
MAXEY MOVERLEY HOLDINGS LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

As at 31 December 2022
Note 31.12.2022 31.03.2022
£ £
Fixed assets
Investments 3 500,200 500,200
500,200 500,200
Current assets
Debtors 4 9,085 20,094
9,085 20,094
Creditors: amounts falling due within one year 5 ( 117,024) ( 20,193)
Net current liabilities (107,939) (99)
Total assets less current liabilities 392,261 500,101
Net assets 392,261 500,101
Capital and reserves
Called-up share capital 6 779 779
Share premium account 344,241 344,241
Profit and loss account 47,241 155,081
Total shareholders' funds 392,261 500,101

For the financial period ending 31 December 2022 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 Maxey Moverley Holdings Limited (registered number: 13230586) were approved and authorised for issue by the Director on 22 May 2023. They were signed on its behalf by:

Andrew Beckett
Director
MAXEY MOVERLEY HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 April 2022 to 31 December 2022
MAXEY MOVERLEY HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 April 2022 to 31 December 2022
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

Maxey Moverley 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 6 Broad Ground Road, Lakeside, Redditch, B98 8YP, 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.

Reporting period length

The length of the reporting period has been shortened to 9 months. This is so that the accounting period falls in line with the subsidiary company. Comparative amounts presented in the financial statements are not entirely comparable.

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).

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 Statement of Income and Retained Earnings as described below.

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.

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.

Ordinary share capital

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

2. Employees

Period from
01.04.2022 to
31.12.2022
Period from
26.02.2021 to
31.03.2022
Number Number
Monthly average number of persons employed by the Company during the period, including directors 4 4

3. Fixed asset investments

Investments in subsidiaries

31.12.2022
£
Cost
At 01 April 2022 500,200
At 31 December 2022 500,200
Carrying value at 31 December 2022 500,200
Carrying value at 31 March 2022 500,200

4. Debtors

31.12.2022 31.03.2022
£ £
Amounts owed by own subsidiaries 0 20,801
Amounts owed by directors 292 ( 707)
Other debtors 8,793 0
9,085 20,094

5. Creditors: amounts falling due within one year

31.12.2022 31.03.2022
£ £
Amounts owed to own subsidiaries 107,783 0
Amounts owed to directors 1,445 3,809
Other creditors 7,796 16,384
117,024 20,193

6. Called-up share capital

31.12.2022 31.03.2022
£ £
Allotted, called-up and fully-paid
674 Ordinary shares of £ 1.00 each 674 674
20 A Non-voting ordinary shares of £ 1.00 each 20 20
85 B ordinary shares of £ 1.00 each 85 85
779 779

7. Related party transactions

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

31.12.2022 31.03.2022
£ £
Amounts owed to (by) subsidiaries 107,783 (20,801)

Transactions with the entity's directors

31.12.2022 31.03.2022
£ £
Amounts owed to the directors 1,153 4,516

Advances were made to the directors during the year totalling £72,251, credits were made totalling £728 and dividends were paid totalling £68,160. The amount outstanding at the year end was £1,153.