Silverfin false true 31/12/2023 16/11/2022 31/12/2023 Richard Beenstock 16/11/2022 Jonathan Richard Salisbury 16/11/2022 02 September 2024 During the year the company was dormant. 14489663 2023-12-31 14489663 bus:Director1 2023-12-31 14489663 bus:Director2 2023-12-31 14489663 core:CurrentFinancialInstruments 2023-12-31 14489663 core:CurrentFinancialInstruments 2022-11-15 14489663 2022-11-15 14489663 core:ShareCapital 2023-12-31 14489663 core:ShareCapital 2022-11-15 14489663 bus:OrdinaryShareClass1 2023-12-31 14489663 2022-11-16 2023-12-31 14489663 bus:FilletedAccounts 2022-11-16 2023-12-31 14489663 bus:SmallEntities 2022-11-16 2023-12-31 14489663 bus:AuditExemptWithAccountantsReport 2022-11-16 2023-12-31 14489663 bus:PrivateLimitedCompanyLtd 2022-11-16 2023-12-31 14489663 bus:Director1 2022-11-16 2023-12-31 14489663 bus:Director2 2022-11-16 2023-12-31 14489663 2022-01-01 2022-11-15 14489663 bus:OrdinaryShareClass1 2022-11-16 2023-12-31 14489663 bus:OrdinaryShareClass1 2022-01-01 2022-11-15 14489663 1 2022-11-16 2023-12-31 14489663 1 2022-11-16 2023-12-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 14489663 (England and Wales)

ORTUS SECURED FINANCE VII LIMITED

Unaudited Financial Statements
For the financial period from 16 November 2022 to 31 December 2023
Pages for filing with the registrar

ORTUS SECURED FINANCE VII LIMITED

Unaudited Financial Statements

For the financial period from 16 November 2022 to 31 December 2023

Contents

ORTUS SECURED FINANCE VII LIMITED

STATEMENT OF FINANCIAL POSITION

As at 31 December 2023
ORTUS SECURED FINANCE VII LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

As at 31 December 2023
31.12.2023 15.11.2022
£ £
Current assets
Debtors 4 10 0
10 0
Net current assets 10 0
Total assets less current liabilities 10 0
Net assets 10 0
Capital and reserves
Called-up share capital 5 10 0
Total shareholder's funds 10 0

Ortus Secured Finance VII Limited (registered number: 14489663) did not trade during the current financial period and has made neither profit nor loss, nor any other comprehensive income. There have been no movements in shareholders’ funds during the current financial period and therefore no Statement of Changes of Equity has been included. For the financial period ending 31 December 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The financial statements of Ortus Secured Finance VII Limited (registered number: 14489663) were approved and authorised for issue by the Board of Directors. They were signed on its behalf by:

Richard Beenstock
Director
Jonathan Richard Salisbury
Director

02 September 2024

ORTUS SECURED FINANCE VII LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 16 November 2022 to 31 December 2023
ORTUS SECURED FINANCE VII LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 16 November 2022 to 31 December 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

Ortus Secured Finance VII 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 Nations House, 103 Wigmore Street, London, W1U 1QS, England, 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.

Reporting period length

Reporting period length

2. Critical accounting judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements that have a significant impact on the amounts recognised. The following are the critical judgements that the directors have made in the process of applying the company’s accounting policies and that have the most significant effect on the amounts recognised in the financial statements.

3. Employees

Period from
16.11.2022 to
31.12.2023
Period from
01.01.2022 to
15.11.2022
Number Number
Monthly average number of persons employed by the company during the period, including directors 0 0

4. Debtors

31.12.2023 15.11.2022
£ £
Other debtors 10 0

5. Called-up share capital

31.12.2023 15.11.2022
£ £
Allotted, called-up and fully-paid
10 A ordinary shares of £ 1.00 each (15.11.2022: nil shares) 10 0

6. Events after the Balance Sheet date

There have been no events after the balance sheet date affecting the company since the financial period.

7. Ultimate controlling party

Parent Company:

Ortus Secured Finance Limited
Nations House, 103 Wigmore Street, London, W1U 1QS

The ultimate parent undertaking of the Company is Kvika Banki h.f. whose registered office is at Katrinartun 2,
Reykjavik.