Silverfin false false 30/09/2023 01/10/2022 30/09/2023 Mr D Bowdery 23/09/1996 Mr N Nethercot 25/10/1996 N Nethercot 05 April 2024 The principal activity of the Company during the financial year is a holding company. 03253650 2023-09-30 03253650 bus:Director1 2023-09-30 03253650 bus:Director2 2023-09-30 03253650 2022-09-30 03253650 core:CurrentFinancialInstruments 2023-09-30 03253650 core:CurrentFinancialInstruments 2022-09-30 03253650 core:ShareCapital 2023-09-30 03253650 core:ShareCapital 2022-09-30 03253650 core:RetainedEarningsAccumulatedLosses 2023-09-30 03253650 core:RetainedEarningsAccumulatedLosses 2022-09-30 03253650 core:CostValuation 2022-09-30 03253650 core:CostValuation 2023-09-30 03253650 bus:OrdinaryShareClass1 2023-09-30 03253650 2022-10-01 2023-09-30 03253650 bus:FilletedAccounts 2022-10-01 2023-09-30 03253650 bus:SmallEntities 2022-10-01 2023-09-30 03253650 bus:AuditExemptWithAccountantsReport 2022-10-01 2023-09-30 03253650 bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 03253650 bus:Director1 2022-10-01 2023-09-30 03253650 bus:Director2 2022-10-01 2023-09-30 03253650 bus:Director3 2022-10-01 2023-09-30 03253650 2021-10-01 2022-09-30 03253650 bus:OrdinaryShareClass1 2022-10-01 2023-09-30 03253650 bus:OrdinaryShareClass1 2021-10-01 2022-09-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 03253650 (England and Wales)

N.B.D LIMITED

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

N.B.D LIMITED

Unaudited Financial Statements

For the financial year ended 30 September 2023

Contents

N.B.D LIMITED

BALANCE SHEET

As at 30 September 2023
N.B.D LIMITED

BALANCE SHEET (continued)

As at 30 September 2023
Note 2023 2022
£ £
Fixed assets
Investments 3 300,000 300,000
300,000 300,000
Current assets
Cash at bank and in hand 408 28
408 28
Creditors: amounts falling due within one year 4 ( 58,563) ( 58,683)
Net current liabilities (58,155) (58,655)
Total assets less current liabilities 241,845 241,345
Net assets 241,845 241,345
Capital and reserves
Called-up share capital 5 236,004 236,004
Profit and loss account 5,841 5,341
Total shareholders' funds 241,845 241,345

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 N.B.D Limited (registered number: 03253650) were approved and authorised for issue by the Board of Directors on 05 April 2024. They were signed on its behalf by:

N Nethercot
Director
N.B.D LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 September 2023
N.B.D 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

N.B.D 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 principal place of business is PO Box 180, Launceston, Cornwall, PL15 0BX.

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 £.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption in section 399 of the Companies Act 2006 not to prepare consolidated accounts, because the group it heads qualifies as small. The financial statements present information about the Company as an individual entity only.

Dividend income

Dividend income is recognised when the company's right to receive payment has been established.

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.

Investments
Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares are publicly traded or their fair value is reliably measurable) are measured at fair value through the Statement of Income and Retained Earnings. Where fair value cannot be measured reliably, investments are measured at cost less impairment.

2. Employees

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

3. Fixed asset investments

Investments in subsidiaries

2023
£
Cost
At 01 October 2022 300,000
At 30 September 2023 300,000
Carrying value at 30 September 2023 300,000
Carrying value at 30 September 2022 300,000

4. Creditors: amounts falling due within one year

2023 2022
£ £
Amounts owed to Group undertakings 58,563 58,683

5. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
236,004 Ordinary shares of £ 1.00 each 236,004 236,004