Silverfin false false 30/09/2023 01/10/2022 30/09/2023 Ms D Clark 09/04/2019 Mr A Orchard 09/04/2019 19 February 2024 The principal activity of the company during the financial year was other letting and operating of own or leased real estate. 11934783 2023-09-30 11934783 bus:Director1 2023-09-30 11934783 bus:Director2 2023-09-30 11934783 2022-09-30 11934783 core:CurrentFinancialInstruments 2023-09-30 11934783 core:CurrentFinancialInstruments 2022-09-30 11934783 core:ShareCapital 2023-09-30 11934783 core:ShareCapital 2022-09-30 11934783 core:RetainedEarningsAccumulatedLosses 2023-09-30 11934783 core:RetainedEarningsAccumulatedLosses 2022-09-30 11934783 core:PlantMachinery 2022-09-30 11934783 core:FurnitureFittings 2022-09-30 11934783 core:PlantMachinery 2023-09-30 11934783 core:FurnitureFittings 2023-09-30 11934783 bus:OrdinaryShareClass1 2023-09-30 11934783 bus:OrdinaryShareClass2 2023-09-30 11934783 2022-10-01 2023-09-30 11934783 bus:FilletedAccounts 2022-10-01 2023-09-30 11934783 bus:SmallEntities 2022-10-01 2023-09-30 11934783 bus:AuditExemptWithAccountantsReport 2022-10-01 2023-09-30 11934783 bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 11934783 bus:Director1 2022-10-01 2023-09-30 11934783 bus:Director2 2022-10-01 2023-09-30 11934783 core:PlantMachinery core:TopRangeValue 2022-10-01 2023-09-30 11934783 core:FurnitureFittings core:TopRangeValue 2022-10-01 2023-09-30 11934783 2021-10-01 2022-09-30 11934783 core:PlantMachinery 2022-10-01 2023-09-30 11934783 core:FurnitureFittings 2022-10-01 2023-09-30 11934783 bus:OrdinaryShareClass1 2022-10-01 2023-09-30 11934783 bus:OrdinaryShareClass1 2021-10-01 2022-09-30 11934783 bus:OrdinaryShareClass2 2022-10-01 2023-09-30 11934783 bus:OrdinaryShareClass2 2021-10-01 2022-09-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 11934783 ()

NUMBER NINE EXE LTD

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

NUMBER NINE EXE LTD

Unaudited Financial Statements

For the financial year ended 30 September 2023

Contents

NUMBER NINE EXE LTD

BALANCE SHEET

As at 30 September 2023
NUMBER NINE EXE LTD

BALANCE SHEET (continued)

As at 30 September 2023
Note 2023 2022
£ £
Fixed assets
Tangible assets 3 51,045 51,788
Investment property 4 1,389,725 1,299,448
1,440,770 1,351,236
Current assets
Debtors 5 3,352 5,544
Cash at bank and in hand 16,184 4,868
19,536 10,412
Creditors: amounts falling due within one year 6 ( 1,345,385) ( 1,259,908)
Net current liabilities (1,325,849) (1,249,496)
Total assets less current liabilities 114,921 101,740
Provision for liabilities ( 29,893) ( 14,084)
Net assets 85,028 87,656
Capital and reserves
Called-up share capital 7 100 100
Profit and loss account 84,928 87,556
Total shareholders' funds 85,028 87,656

For the financial year ending 30 September 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 Number Nine Exe Ltd (registered number: 11934783) were approved and authorised for issue by the Board of Directors on 19 February 2024. They were signed on its behalf by:

Ms D Clark
Director
Mr A Orchard
Director
NUMBER NINE EXE LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 September 2023
NUMBER NINE EXE LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 September 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

Number Nine Exe Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in . The address of the Company's registered office is 36 Southernhay East, Exeter, Devon, United Kingdom, EX1 1NX .

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and 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 £.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the companies activities. Turnover is shown net of value added tax , returns, rebates and discounts and after eliminating sales within the company.

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 Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Plant and machinery 10 years straight line
Fixtures and fittings 10 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

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.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 0 0

3. Tangible assets

Plant and machinery Fixtures and fittings Total
£ £ £
Cost
At 01 October 2022 66,014 8,451 74,465
Additions 7,340 113 7,453
At 30 September 2023 73,354 8,564 81,918
Accumulated depreciation
At 01 October 2022 19,716 2,961 22,677
Charge for the financial year 7,339 857 8,196
At 30 September 2023 27,055 3,818 30,873
Net book value
At 30 September 2023 46,299 4,746 51,045
At 30 September 2022 46,298 5,490 51,788

4. Investment property

Investment property
£
Valuation
As at 01 October 2022 1,299,448
Additions 90,277
As at 30 September 2023 1,389,725

5. Debtors

2023 2022
£ £
Trade debtors 1,200 2,497
Other debtors 2,152 3,047
3,352 5,544

6. Creditors: amounts falling due within one year

2023 2022
£ £
Trade creditors 1,300 1,143
Other taxation and social security 3,563 2,847
Other creditors 1,340,522 1,255,918
1,345,385 1,259,908

7. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
50 Ordinary A shares of £ 1.00 each 50 50
50 Ordinary B shares of £ 1.00 each 50 50
100 100