Silverfin false false 31/10/2023 01/11/2022 31/10/2023 Marina Elizabeth Blay 08/10/2020 Matthew Charles Blay 08/10/2020 26 July 2024 The principal activity of the Company during the financial year was that of a holding company. 12936903 2023-10-31 12936903 bus:Director1 2023-10-31 12936903 bus:Director2 2023-10-31 12936903 2022-10-31 12936903 core:CurrentFinancialInstruments 2023-10-31 12936903 core:CurrentFinancialInstruments 2022-10-31 12936903 core:ShareCapital 2023-10-31 12936903 core:ShareCapital 2022-10-31 12936903 core:CostValuation 2022-10-31 12936903 core:CostValuation 2023-10-31 12936903 core:ProvisionsForImpairmentInvestments 2022-10-31 12936903 core:ProvisionsForImpairmentInvestments 2023-10-31 12936903 bus:OrdinaryShareClass1 2023-10-31 12936903 2022-11-01 2023-10-31 12936903 bus:FilletedAccounts 2022-11-01 2023-10-31 12936903 bus:SmallEntities 2022-11-01 2023-10-31 12936903 bus:AuditExemptWithAccountantsReport 2022-11-01 2023-10-31 12936903 bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 12936903 bus:Director1 2022-11-01 2023-10-31 12936903 bus:Director2 2022-11-01 2023-10-31 12936903 2021-11-01 2022-10-31 12936903 bus:OrdinaryShareClass1 2022-11-01 2023-10-31 12936903 bus:OrdinaryShareClass1 2021-11-01 2022-10-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 12936903 (England and Wales)

SUPERB HOLDINGS LIMITED

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

SUPERB HOLDINGS LIMITED

Unaudited Financial Statements

For the financial year ended 31 October 2023

Contents

SUPERB HOLDINGS LIMITED

STATEMENT OF FINANCIAL POSITION

As at 31 October 2023
SUPERB HOLDINGS LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

As at 31 October 2023
Note 2023 2022
£ £
Fixed assets
Investments 3 10 10
10 10
Current assets
Debtors 4 200 200
200 200
Creditors: amounts falling due within one year 5 ( 10) ( 10)
Net current assets 190 190
Total assets less current liabilities 200 200
Net assets 200 200
Capital and reserves
Called-up share capital 6 200 200
Total shareholders' funds 200 200

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 Superb Holdings Limited (registered number: 12936903) were approved and authorised for issue by the Director on 26 July 2024. They were signed on its behalf by:

Matthew Charles Blay
Director
SUPERB HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 2023
SUPERB HOLDINGS 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

Superb Holdings 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 Epic Centre White Rock Business Park, Waddeton Close, Paignton, TQ4 7RZ, 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 £.

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).

Impairment of assets

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

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.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

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.

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

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

3. Fixed asset investments

2023 2022
£ £
Participating interests 10 10

Investments in subsidiaries

2023
£
Carrying value at 31 October 2023 0
Carrying value at 31 October 2022 0
Investments in associates Total
£ £
Carrying value before impairment
At 01 November 2022 10 10
At 31 October 2023 10 10
Provisions for impairment
At 01 November 2022 0 0
At 31 October 2023 0 0
Carrying value at 31 October 2023 10 10
Carrying value at 31 October 2022 10 10

4. Debtors

2023 2022
£ £
Amounts owed by directors 200 200

5. Creditors: amounts falling due within one year

2023 2022
£ £
Amounts owed to associates 10 10

6. Called-up share capital

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