Silverfin false false 31/12/2023 15/12/2022 31/12/2023 Mr M Jones 15/12/2022 Mr S Oakes 15/12/2022 Mr A Oakes 15/12/2022 Mr M Oakes 15/12/2022 23 September 2024 The principal activity of the company during the year was that of a holding company. 14543215 2023-12-31 14543215 bus:Director1 2023-12-31 14543215 bus:Director2 2023-12-31 14543215 bus:Director3 2023-12-31 14543215 bus:Director4 2023-12-31 14543215 core:CurrentFinancialInstruments 2023-12-31 14543215 core:ShareCapital 2023-12-31 14543215 core:AdditionsToInvestments 2023-12-31 14543215 core:CostValuation 2023-12-31 14543215 core:ImpairmentLossProvisionsForImpairmentInvestments 2023-12-31 14543215 core:ProvisionsForImpairmentInvestments 2023-12-31 14543215 bus:OrdinaryShareClass1 2023-12-31 14543215 bus:OrdinaryShareClass2 2023-12-31 14543215 bus:OrdinaryShareClass3 2023-12-31 14543215 2022-12-15 2023-12-31 14543215 bus:FilletedAccounts 2022-12-15 2023-12-31 14543215 bus:SmallEntities 2022-12-15 2023-12-31 14543215 bus:AuditExemptWithAccountantsReport 2022-12-15 2023-12-31 14543215 bus:PrivateLimitedCompanyLtd 2022-12-15 2023-12-31 14543215 bus:Director1 2022-12-15 2023-12-31 14543215 bus:Director2 2022-12-15 2023-12-31 14543215 bus:Director3 2022-12-15 2023-12-31 14543215 bus:Director4 2022-12-15 2023-12-31 14543215 core:CurrentFinancialInstruments 2022-12-15 2023-12-31 14543215 bus:OrdinaryShareClass1 2022-12-15 2023-12-31 14543215 bus:OrdinaryShareClass2 2022-12-15 2023-12-31 14543215 bus:OrdinaryShareClass3 2022-12-15 2023-12-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 14543215 (England and Wales)

EWS HOLDCO LIMITED

Unaudited Financial Statements
For the financial period from 15 December 2022 to 31 December 2023
Pages for filing with the registrar

EWS HOLDCO LIMITED

Unaudited Financial Statements

For the financial period from 15 December 2022 to 31 December 2023

Contents

EWS HOLDCO LIMITED

BALANCE SHEET

As at 31 December 2023
EWS HOLDCO LIMITED

BALANCE SHEET (continued)

As at 31 December 2023
Note 31.12.2023
£
Fixed assets
Investments 3 3,027,123
3,027,123
Current assets
Cash at bank and in hand 100
100
Creditors: amounts falling due within one year 4 ( 3,027,123)
Net current liabilities (3,027,023)
Total assets less current liabilities 100
Net assets 100
Capital and reserves
Called-up share capital 5 100
Total shareholders' funds 100

For the financial period ending 31 December 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 EWS Holdco Limited (registered number: 14543215) were approved and authorised for issue by the Board of Directors on 23 September 2024. They were signed on its behalf by:

Mr M Jones
Director
EWS HOLDCO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 15 December 2022 to 31 December 2023
EWS HOLDCO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 15 December 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, unless otherwise stated.

General information and basis of accounting

EWS Holdco 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 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 £.

Reporting period length

The reporting period length has been extended due to the companies incorporation on 15 December 2022.

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.

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.

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.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

2. Employees

Period from
15.12.2022 to
31.12.2023
Number
Monthly average number of persons employed by the Company during the period, including directors 0

3. Fixed asset investments

Investments in subsidiaries

31.12.2023
£
Cost
At 15 December 2022 0
Additions 6,666,123
At 31 December 2023 6,666,123
Provisions for impairment
At 15 December 2022 0
Impairment 3,639,000
At 31 December 2023 3,639,000
Carrying value at 31 December 2023 3,027,123

4. Creditors: amounts falling due within one year

31.12.2023
£
Amounts owed to associates 2,192,035
Amounts owed to directors 835,088
3,027,123

Amounts owed to associates and directors are repayable on demand and do not bear interest.

5. Called-up share capital

31.12.2023
£
Allotted, called-up and fully-paid
276 Ordinary A shares of £ 0.10 each 28
241 Ordinary B shares of £ 0.10 each 24
483 Ordinary C shares of £ 0.10 each 48
100