Silverfin false false 30/09/2023 01/10/2022 30/09/2023 P Freedman 23/12/2016 J H Millichip 23/12/2016 11 April 2024 The principal activity of the Company during the financial year was that of a holding company. 10538022 2023-09-30 10538022 bus:Director1 2023-09-30 10538022 bus:Director2 2023-09-30 10538022 2022-09-30 10538022 core:CurrentFinancialInstruments 2023-09-30 10538022 core:CurrentFinancialInstruments 2022-09-30 10538022 core:ShareCapital 2023-09-30 10538022 core:ShareCapital 2022-09-30 10538022 core:RetainedEarningsAccumulatedLosses 2023-09-30 10538022 core:RetainedEarningsAccumulatedLosses 2022-09-30 10538022 core:CostValuation 2022-09-30 10538022 core:CostValuation 2023-09-30 10538022 core:ProvisionsForImpairmentInvestments 2022-09-30 10538022 core:ProvisionsForImpairmentInvestments 2023-09-30 10538022 core:SubsidiariesWithMaterialNon-controllingInterests core:CurrentFinancialInstruments 2023-09-30 10538022 core:SubsidiariesWithMaterialNon-controllingInterests core:CurrentFinancialInstruments 2022-09-30 10538022 bus:OrdinaryShareClass1 2023-09-30 10538022 2022-10-01 2023-09-30 10538022 bus:FilletedAccounts 2022-10-01 2023-09-30 10538022 bus:SmallEntities 2022-10-01 2023-09-30 10538022 bus:AuditExemptWithAccountantsReport 2022-10-01 2023-09-30 10538022 bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 10538022 bus:Director1 2022-10-01 2023-09-30 10538022 bus:Director2 2022-10-01 2023-09-30 10538022 2021-10-01 2022-09-30 10538022 bus:OrdinaryShareClass1 2022-10-01 2023-09-30 10538022 bus:OrdinaryShareClass1 2021-10-01 2022-09-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 10538022 (England and Wales)

UNCLE BERT LTD

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

UNCLE BERT LTD

Unaudited Financial Statements

For the financial year ended 30 September 2023

Contents

UNCLE BERT LTD

STATEMENT OF FINANCIAL POSITION

As at 30 September 2023
UNCLE BERT LTD

STATEMENT OF FINANCIAL POSITION (continued)

As at 30 September 2023
Note 2023 2022
£ £
Fixed assets
Investments 3 1,493,170 1,493,170
1,493,170 1,493,170
Creditors: amounts falling due within one year 4 ( 1,042,527) ( 1,041,190)
Net current liabilities (1,042,527) (1,041,190)
Total assets less current liabilities 450,643 451,980
Net assets 450,643 451,980
Capital and reserves
Called-up share capital 5 10 10
Profit and loss account 450,633 451,970
Total shareholder's funds 450,643 451,980

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 Uncle Bert Ltd (registered number: 10538022) were approved and authorised for issue by the Director on 11 April 2024. They were signed on its behalf by:

P Freedman
Director
UNCLE BERT LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 September 2023
UNCLE BERT 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

Uncle Bert Ltd (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 Bishop Fleming Llp, 10 North Place, Cheltenham, GL50 4DW, 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 £.

Going concern

The directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

Dividend income

Dividend income from investments is recognised when the shareholders' rights to receive payment have been established (provided that it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably).

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

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.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

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

Other investments Total
£ £
Carrying value before impairment
At 01 October 2022 1,493,170 1,493,170
At 30 September 2023 1,493,170 1,493,170
Provisions for impairment
At 01 October 2022 0 0
At 30 September 2023 0 0
Carrying value at 30 September 2023 1,493,170 1,493,170
Carrying value at 30 September 2022 1,493,170 1,493,170

4. Creditors: amounts falling due within one year

2023 2022
£ £
Amounts owed to own subsidiaries 982,894 938,772
Other creditors 59,633 102,418
1,042,527 1,041,190

5. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
1,000 Ordinary shares of £ 0.01 each 10 10

6. Related party transactions

Transactions with the entity's directors

Included within creditors are amounts owed to the director of £5,486 (2022 - £5,486). This is an interest free loan, repayable on demand.