Silverfin false false 31/12/2023 01/01/2023 31/12/2023 B S Nicol 18/04/2017 H M Nicol 18/04/2017 25 September 2024 The principal activity of the Company during the financial period was that of a non-trading holding company. 10727006 2023-12-31 10727006 bus:Director1 2023-12-31 10727006 bus:Director2 2023-12-31 10727006 2022-12-31 10727006 core:CurrentFinancialInstruments 2023-12-31 10727006 core:CurrentFinancialInstruments 2022-12-31 10727006 core:ShareCapital 2023-12-31 10727006 core:ShareCapital 2022-12-31 10727006 core:CostValuation 2022-12-31 10727006 core:CostValuation 2023-12-31 10727006 2023-01-01 2023-12-31 10727006 bus:FilletedAccounts 2023-01-01 2023-12-31 10727006 bus:SmallEntities 2023-01-01 2023-12-31 10727006 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 10727006 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 10727006 bus:Director1 2023-01-01 2023-12-31 10727006 bus:Director2 2023-01-01 2023-12-31 10727006 2022-01-01 2022-12-31 iso4217:GBP xbrli:pure

Company No: 10727006 (England and Wales)

NICOLBERT ESTATES LIMITED

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

NICOLBERT ESTATES LIMITED

Unaudited Financial Statements

For the financial year ended 31 December 2023

Contents

NICOLBERT ESTATES LIMITED

BALANCE SHEET

As at 31 December 2023
NICOLBERT ESTATES LIMITED

BALANCE SHEET (continued)

As at 31 December 2023
Note 2023 2022
£ £
Fixed assets
Investments 3 100 100
100 100
Current assets
Cash at bank and in hand 200 200
200 200
Creditors: amounts falling due within one year 4 ( 100) ( 100)
Net current assets 100 100
Total assets less current liabilities 200 200
Net assets 200 200
Capital and reserves
Called-up share capital 200 200
Total shareholders' funds 200 200

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.

Directors' responsibilities:

The financial statements of Nicolbert Estates Limited (registered number: 10727006) were approved and authorised for issue by the Board of Directors on 25 September 2024. They were signed on its behalf by:

B S Nicol
Director
NICOLBERT ESTATES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2023
NICOLBERT ESTATES 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

Nicolbert Estates 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:

2a Dartmouth Road
Forest Hill
London
SE23 3XU
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

After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

Trade and other creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Financial instruments

Classification
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. 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 are classified as financial assets at fair value through profit or loss, loans and debtors, held-to-maturity investments, available-for-sale financial assets, or as derivatives designated as hedging instruments in an effective hedge, as appropriate. The company determines the classification of its financial assets at initial recognition.

Financial liabilities are classified as financial liabilities at fair value through profit and loss, loans and borrowings, trade and other creditors, or as derivatives designated as hedging instruments in an effective hedge, as appropriate. The company determines the classification of its financial liabilities at initial recognition.

Recognition and measurement
All financial instruments are recognised initially at fair value plus transaction costs. Thereafter financial instruments are stated at amortised cost using the effective interest rate method (less impairment where appropriate) unless the effect of discounting would be immaterial in which case they are stated at cost (less impairment where appropriate). The exception to this are those financial instruments where it is a requirement to continue recording them at fair value through profit and loss.

Impairment
Financial assets are assessed for indicators of impairment at the end of each reporting period. Financial assets are considered to be impaired when there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows of the investment have been affected.

Investments
Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

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

Investments in subsidiaries

2023
£
Cost
At 01 January 2023 100
At 31 December 2023 100
Carrying value at 31 December 2023 100
Carrying value at 31 December 2022 100

4. Creditors: amounts falling due within one year

2023 2022
£ £
Other creditors 100 100