Silverfin false false 31/12/2023 01/01/2023 31/12/2023 Mr M Siedler 27/09/2012 18 September 2024 The principal activity of the company during the year was that of wholesale and retail distribution of jewellery and associated products. 04140453 2023-12-31 04140453 bus:Director1 2023-12-31 04140453 2022-12-31 04140453 core:CurrentFinancialInstruments 2023-12-31 04140453 core:CurrentFinancialInstruments 2022-12-31 04140453 core:Non-currentFinancialInstruments 2023-12-31 04140453 core:Non-currentFinancialInstruments 2022-12-31 04140453 core:ShareCapital 2023-12-31 04140453 core:ShareCapital 2022-12-31 04140453 core:RetainedEarningsAccumulatedLosses 2023-12-31 04140453 core:RetainedEarningsAccumulatedLosses 2022-12-31 04140453 core:LandBuildings 2022-12-31 04140453 core:LeaseholdImprovements 2022-12-31 04140453 core:FurnitureFittings 2022-12-31 04140453 core:ComputerEquipment 2022-12-31 04140453 core:LandBuildings 2023-12-31 04140453 core:LeaseholdImprovements 2023-12-31 04140453 core:FurnitureFittings 2023-12-31 04140453 core:ComputerEquipment 2023-12-31 04140453 bus:OrdinaryShareClass1 2023-12-31 04140453 2023-01-01 2023-12-31 04140453 bus:FilletedAccounts 2023-01-01 2023-12-31 04140453 bus:SmallEntities 2023-01-01 2023-12-31 04140453 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 04140453 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 04140453 bus:Director1 2023-01-01 2023-12-31 04140453 core:FurnitureFittings core:TopRangeValue 2023-01-01 2023-12-31 04140453 core:ComputerEquipment core:TopRangeValue 2023-01-01 2023-12-31 04140453 2022-01-01 2022-12-31 04140453 core:Non-currentFinancialInstruments 2023-01-01 2023-12-31 04140453 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 04140453 bus:OrdinaryShareClass1 2022-01-01 2022-12-31 04140453 1 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 04140453 (England and Wales)

THE WILDCAT COLLECTION LIMITED

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

THE WILDCAT COLLECTION LIMITED

Unaudited Financial Statements

For the financial year ended 31 December 2023

Contents

THE WILDCAT COLLECTION LIMITED

BALANCE SHEET

As at 31 December 2023
THE WILDCAT COLLECTION LIMITED

BALANCE SHEET (continued)

As at 31 December 2023
Note 2023 2022
£ £
Current assets
Cash at bank and in hand 94,782 61,912
94,782 61,912
Creditors: amounts falling due within one year 4 ( 5,139) ( 11,448)
Net current assets 89,643 50,464
Total assets less current liabilities 89,643 50,464
Creditors: amounts falling due after more than one year 5 ( 152,227) ( 19,805)
Provision for liabilities 16,153 0
Net (liabilities)/assets ( 46,431) 30,659
Capital and reserves
Called-up share capital 6 1 1
Profit and loss account ( 46,432 ) 30,658
Total shareholder's (deficit)/funds ( 46,431) 30,659

For the financial year ending 31 December 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of The Wildcat Collection Limited (registered number: 04140453) were approved and authorised for issue by the Director on 18 September 2024. They were signed on its behalf by:

Mr M Siedler
Director
THE WILDCAT COLLECTION LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2023
THE WILDCAT COLLECTION LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 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 Wildcat Collection 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 Office 2 & 3 Chene Court Poundwell Street, Modbury, Ivybridge, PL21 0QJ, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and 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 director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has 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.

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.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

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 over its expected useful life, as follows:

Land and buildings depreciated over the life of the lease
Leasehold improvements depreciated over the life of the lease
Fixtures and fittings 5 years straight line
Computer equipment 3 years straight line

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 Profit and Loss Account 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.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

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

3. Tangible assets

Land and buildings Leasehold improve-
ments
Fixtures and fittings Computer equipment Total
£ £ £ £ £
Cost
At 01 January 2023 38,479 31,810 5,804 1,424 77,517
At 31 December 2023 38,479 31,810 5,804 1,424 77,517
Accumulated depreciation
At 01 January 2023 38,479 31,810 5,804 1,424 77,517
At 31 December 2023 38,479 31,810 5,804 1,424 77,517
Net book value
At 31 December 2023 0 0 0 0 0
At 31 December 2022 0 0 0 0 0

4. Creditors: amounts falling due within one year

2023 2022
£ £
Taxation and social security 739 7,191
Other creditors 4,400 4,257
5,139 11,448

5. Creditors: amounts falling due after more than one year

2023 2022
£ £
Amounts owed to Group undertakings 152,227 19,805

There are no amounts included above in respect of which any security has been given by the small entity.

6. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
1 Ordinary share of £ 1.00 1 1

7. Ultimate controlling party

Parent Company:

WILDCAT GMBH, incorporated in Germany
Wankelstr. 5, 48599 Gronau, Deutschland

WILDCAT GMBH owns 100% of the share capital in The Wildcat Collection Ltd.