Silverfin false false 31/01/2024 01/02/2023 31/01/2024 P J Pakes T Powell 05 April 2024 The principal activity of the company during the year was that of a holding company. 05838640 2024-01-31 05838640 2023-01-31 05838640 core:CurrentFinancialInstruments 2024-01-31 05838640 core:CurrentFinancialInstruments 2023-01-31 05838640 core:ShareCapital 2024-01-31 05838640 core:ShareCapital 2023-01-31 05838640 core:RetainedEarningsAccumulatedLosses 2024-01-31 05838640 core:RetainedEarningsAccumulatedLosses 2023-01-31 05838640 core:CostValuation 2023-01-31 05838640 core:CostValuation 2024-01-31 05838640 2023-02-01 2024-01-31 05838640 bus:FilletedAccounts 2023-02-01 2024-01-31 05838640 bus:SmallEntities 2023-02-01 2024-01-31 05838640 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 05838640 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 05838640 bus:Director1 2023-02-01 2024-01-31 05838640 bus:Director2 2023-02-01 2024-01-31 05838640 2022-02-01 2023-01-31 iso4217:GBP xbrli:pure

Company No: 05838640 (England and Wales)

WOODBOURNE BOLBECK LIMITED

Unaudited Financial Statements
For the financial year ended 31 January 2024
Pages for filing with the registrar

WOODBOURNE BOLBECK LIMITED

Unaudited Financial Statements

For the financial year ended 31 January 2024

Contents

WOODBOURNE BOLBECK LIMITED

COMPANY INFORMATION

For the financial year ended 31 January 2024
WOODBOURNE BOLBECK LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 January 2024
DIRECTORS P J Pakes
T Powell
SECRETARY P J Pakes
REGISTERED OFFICE 24 Woodbourne Road
Smethwick
West Midlands
B67 5LY
United Kingdom
COMPANY NUMBER 05838640 (England and Wales)
ACCOUNTANT MHA
Century House
The Lakes
Northampton
NN4 7HD
WOODBOURNE BOLBECK LIMITED

BALANCE SHEET

As at 31 January 2024
WOODBOURNE BOLBECK LIMITED

BALANCE SHEET (continued)

As at 31 January 2024
Note 2024 2023
£ £
Fixed assets
Investments 3 418,680 418,680
418,680 418,680
Creditors: amounts falling due within one year 4 ( 1) ( 1)
Net current liabilities (1) (1)
Total assets less current liabilities 418,679 418,679
Net assets 418,679 418,679
Capital and reserves
Called-up share capital 100 100
Profit and loss account 418,579 418,579
Total shareholders' funds 418,679 418,679

For the financial year ending 31 January 2024 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 Woodbourne Bolbeck Limited (registered number: 05838640) were approved and authorised for issue by the Board of Directors on 05 April 2024. They were signed on its behalf by:

P J Pakes
Director
WOODBOURNE BOLBECK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 January 2024
WOODBOURNE BOLBECK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 January 2024
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

Woodbourne Bolbeck 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 24 Woodbourne Road, Smethwick, West Midlands, B67 5LY, 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 £.

Trade and other creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Investments
Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of Income and Retained Earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

3. Fixed asset investments

Investments in subsidiaries

2024
£
Cost
At 01 February 2023 418,680
At 31 January 2024 418,680
Carrying value at 31 January 2024 418,680
Carrying value at 31 January 2023 418,680

4. Creditors: amounts falling due within one year

2024 2023
£ £
Other creditors 1 1