Silverfin false false 31/10/2023 01/11/2022 31/10/2023 Mr R A Daniel 24/08/2004 Mr R G A Matthews 27/01/2017 Mrs A R Moyle 07/05/2021 Mr C J Sawford 10/10/2022 11 March 2024 The principal activity of the Company during the financial year was to further the interest in the ownership, running and history of steam, vintage vehicles & machinery. 05213527 2023-10-31 05213527 bus:Director1 2023-10-31 05213527 bus:Director2 2023-10-31 05213527 bus:Director3 2023-10-31 05213527 bus:Director4 2023-10-31 05213527 2022-10-31 05213527 core:CurrentFinancialInstruments 2023-10-31 05213527 core:CurrentFinancialInstruments 2022-10-31 05213527 core:ShareCapital 2023-10-31 05213527 core:ShareCapital 2022-10-31 05213527 core:RetainedEarningsAccumulatedLosses 2023-10-31 05213527 core:RetainedEarningsAccumulatedLosses 2022-10-31 05213527 core:OtherPropertyPlantEquipment 2022-10-31 05213527 core:OtherPropertyPlantEquipment 2023-10-31 05213527 2022-11-01 2023-10-31 05213527 bus:FilletedAccounts 2022-11-01 2023-10-31 05213527 bus:SmallEntities 2022-11-01 2023-10-31 05213527 bus:AuditExemptWithAccountantsReport 2022-11-01 2023-10-31 05213527 bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 05213527 bus:Director1 2022-11-01 2023-10-31 05213527 bus:Director2 2022-11-01 2023-10-31 05213527 bus:Director3 2022-11-01 2023-10-31 05213527 bus:Director4 2022-11-01 2023-10-31 05213527 core:OtherPropertyPlantEquipment 2022-11-01 2023-10-31 05213527 2021-11-01 2022-10-31 iso4217:GBP xbrli:pure

Company No: 05213527 (England and Wales)

THE BOCONNOC STEAM FAIR LIMITED

Unaudited Financial Statements
For the financial year ended 31 October 2023
Pages for filing with the registrar

THE BOCONNOC STEAM FAIR LIMITED

Unaudited Financial Statements

For the financial year ended 31 October 2023

Contents

THE BOCONNOC STEAM FAIR LIMITED

BALANCE SHEET

As at 31 October 2023
THE BOCONNOC STEAM FAIR LIMITED

BALANCE SHEET (continued)

As at 31 October 2023
Note 2023 2022
£ £
Fixed assets
Tangible assets 3 1,109 1,478
1,109 1,478
Current assets
Cash at bank and in hand 35,407 21,914
35,407 21,914
Creditors: amounts falling due within one year 4 ( 1,296) ( 2,825)
Net current assets 34,111 19,089
Total assets less current liabilities 35,220 20,567
Net assets 35,220 20,567
Capital and reserves
Called-up share capital 0 0
Profit and loss account 35,220 20,567
Total shareholders' funds 35,220 20,567

For the financial year ending 31 October 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 The Boconnoc Steam Fair Limited (registered number: 05213527) were approved and authorised for issue by the Board of Directors on 11 March 2024. They were signed on its behalf by:

Mr R A Daniel
Director
THE BOCONNOC STEAM FAIR LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 2023
THE BOCONNOC STEAM FAIR LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 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

The Boconnoc Steam Fair 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 C/O Francis Clark Llp Melville Building East, Royal William Yard, Plymouth, PL1 3RP, 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 £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.

Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.

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, reducing balance] basis over its expected useful life, as follows:

Plant and machinery etc. 25 % reducing balance

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.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

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.

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 etc. Total
£ £
Cost
At 01 November 2022 6,942 6,942
At 31 October 2023 6,942 6,942
Accumulated depreciation
At 01 November 2022 5,464 5,464
Charge for the financial year 369 369
At 31 October 2023 5,833 5,833
Net book value
At 31 October 2023 1,109 1,109
At 31 October 2022 1,478 1,478

4. Creditors: amounts falling due within one year

2023 2022
£ £
Trade creditors 0 1,625
Other creditors 1,296 1,200
1,296 2,825