Silverfin false false 30/09/2023 01/10/2022 30/09/2023 Mr Oliver James Knights 01/06/2022 Mr Beverley John Knights Dec'd 23/12/2023 08/01/2010 08 March 2024 The principal activity of the Company during the financial year was that of an Investment company. 07119598 2023-09-30 07119598 bus:Director1 2023-09-30 07119598 bus:Director2 2023-09-30 07119598 core:CurrentFinancialInstruments 2023-09-30 07119598 core:CurrentFinancialInstruments 2022-09-30 07119598 2022-09-30 07119598 core:ShareCapital 2023-09-30 07119598 core:ShareCapital 2022-09-30 07119598 core:RetainedEarningsAccumulatedLosses 2023-09-30 07119598 core:RetainedEarningsAccumulatedLosses 2022-09-30 07119598 bus:OrdinaryShareClass1 2023-09-30 07119598 2022-10-01 2023-09-30 07119598 bus:FilletedAccounts 2022-10-01 2023-09-30 07119598 bus:SmallEntities 2022-10-01 2023-09-30 07119598 bus:AuditExemptWithAccountantsReport 2022-10-01 2023-09-30 07119598 bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 07119598 bus:Director1 2022-10-01 2023-09-30 07119598 bus:Director2 2022-10-01 2023-09-30 07119598 2021-10-01 2022-09-30 07119598 bus:OrdinaryShareClass1 2022-10-01 2023-09-30 07119598 bus:OrdinaryShareClass1 2021-10-01 2022-09-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 07119598 (England and Wales)

TEMPLAR SOUTHWEST LIMITED

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

TEMPLAR SOUTHWEST LIMITED

Unaudited Financial Statements

For the financial year ended 30 September 2023

Contents

TEMPLAR SOUTHWEST LIMITED

BALANCE SHEET

As at 30 September 2023
TEMPLAR SOUTHWEST LIMITED

BALANCE SHEET (continued)

As at 30 September 2023
Note 2023 2022
£ £
Current assets
Debtors 3 75,740 94,520
Cash at bank and in hand 4 38,478 36,472
114,218 130,992
Creditors: amounts falling due within one year 5 ( 1,101) ( 980)
Net current assets 113,117 130,012
Total assets less current liabilities 113,117 130,012
Net assets 113,117 130,012
Capital and reserves
Called-up share capital 6 200 200
Profit and loss account 112,917 129,812
Total shareholder's funds 113,117 130,012

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.

Director's responsibilities:

The financial statements of Templar Southwest Limited (registered number: 07119598) were approved and authorised for issue by the Director on 08 March 2024. They were signed on its behalf by:

Mr Oliver James Knights
Director
TEMPLAR SOUTHWEST LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 September 2023
TEMPLAR SOUTHWEST LIMITED

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

Templar Southwest 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 Lowin House, Tregolls Road, Truro, TR1 2NA, 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 £.

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.

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.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

2. Employees

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

3. Debtors

2023 2022
£ £
Other debtors 75,740 94,520

4. Cash and cash equivalents

2023 2022
£ £
Cash at bank and in hand 38,478 36,472

5. Creditors: amounts falling due within one year

2023 2022
£ £
Other creditors 1,101 980

6. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
200 Ordinary shares of £ 1.00 each 200 200

7. Related party transactions

Transactions with the entity's director

2023 2022
£ £
Director 53,066 69,765

During the year the advances to the Director of £1,314 (2022- £1,668), and there were repayments of £18,013 (2022- £23,073). Interest was charged on this amount and the balance is repayable on demand. The balance due to the company at 30 September 2023 is £53,066.