Silverfin false false 28/02/2024 01/03/2023 28/02/2024 Mr Louis James Brencher 25/02/2021 Mr Scott Mitchell 25/02/2021 27 September 2024 The principal activity of the Company during the financial year was that of a holding company. 13225384 2024-02-28 13225384 bus:Director1 2024-02-28 13225384 bus:Director2 2024-02-28 13225384 2023-02-28 13225384 core:ShareCapital 2024-02-28 13225384 core:ShareCapital 2023-02-28 13225384 core:RetainedEarningsAccumulatedLosses 2024-02-28 13225384 core:RetainedEarningsAccumulatedLosses 2023-02-28 13225384 core:CostValuation 2023-02-28 13225384 core:CostValuation 2024-02-28 13225384 2023-03-01 2024-02-28 13225384 bus:FilletedAccounts 2023-03-01 2024-02-28 13225384 bus:SmallEntities 2023-03-01 2024-02-28 13225384 bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-28 13225384 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 13225384 bus:Director1 2023-03-01 2024-02-28 13225384 bus:Director2 2023-03-01 2024-02-28 13225384 2022-03-01 2023-02-28 13225384 core:Subsidiary1 2023-03-01 2024-02-28 13225384 core:Subsidiary1 1 2023-03-01 2024-02-28 13225384 core:Subsidiary1 1 2022-03-01 2023-02-28 iso4217:GBP xbrli:pure decimalUnit

Company No: 13225384 (England and Wales)

PREMFAST HOLDINGS LTD

Unaudited Financial Statements
For the financial year ended 28 February 2024
Pages for filing with the registrar

PREMFAST HOLDINGS LTD

Unaudited Financial Statements

For the financial year ended 28 February 2024

Contents

PREMFAST HOLDINGS LTD

BALANCE SHEET

As at 28 February 2024
PREMFAST HOLDINGS LTD

BALANCE SHEET (continued)

As at 28 February 2024
Note 2024 2023
£ £
Fixed assets
Investments 3 184,000 184,000
184,000 184,000
Net current assets 0 0
Total assets less current liabilities 184,000 184,000
Net assets 184,000 184,000
Capital and reserves
Called-up share capital 1,000 1,000
Profit and loss account 183,000 183,000
Total shareholders' funds 184,000 184,000

For the financial year ending 28 February 2024 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 Premfast Holdings Ltd (registered number: 13225384) were approved and authorised for issue by the Board of Directors on 27 September 2024. They were signed on its behalf by:

Mr Louis James Brencher
Director
PREMFAST HOLDINGS LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 28 February 2024
PREMFAST HOLDINGS LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 28 February 2024
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

Premfast Holdings Ltd (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 Unit 1 Wessex Trade Centre, Ringwood Road, Poole, BH12 3PF, 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 is recognised when the company's right to receive payment has been established.

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.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

3. Fixed asset investments

Other investments Total
£ £
Cost or valuation before impairment
At 01 March 2023 184,000 184,000
At 28 February 2024 184,000 184,000
Carrying value at 28 February 2024 184,000 184,000
Carrying value at 28 February 2023 184,000 184,000

Investments in shares

Name of entity Registered office Principal activity Class of
shares
Ownership
28.02.2024
Ownership
28.02.2023
Held
Premfast Ltd Unit 1 Wessex Trade Centre, Ringwood Road, Poole, Dorset, United, BH12 3PF Manufacturing Ordinary 100.00% 100.00% Direct