Silverfin false false 31/03/2024 01/04/2023 31/03/2024 J Galton 28/06/2018 L Galton 12/01/2016 R Galton 12/01/2016 10 October 2024 The principal activity of the Company during the financial year was property development. 09947288 2024-03-31 09947288 bus:Director1 2024-03-31 09947288 bus:Director2 2024-03-31 09947288 bus:Director3 2024-03-31 09947288 2023-03-31 09947288 core:CurrentFinancialInstruments 2024-03-31 09947288 core:CurrentFinancialInstruments 2023-03-31 09947288 core:ShareCapital 2024-03-31 09947288 core:ShareCapital 2023-03-31 09947288 core:RetainedEarningsAccumulatedLosses 2024-03-31 09947288 core:RetainedEarningsAccumulatedLosses 2023-03-31 09947288 core:CostValuation 2023-03-31 09947288 core:CostValuation 2024-03-31 09947288 2023-04-01 2024-03-31 09947288 bus:FilletedAccounts 2023-04-01 2024-03-31 09947288 bus:SmallEntities 2023-04-01 2024-03-31 09947288 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 09947288 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09947288 bus:Director1 2023-04-01 2024-03-31 09947288 bus:Director2 2023-04-01 2024-03-31 09947288 bus:Director3 2023-04-01 2024-03-31 09947288 2022-04-01 2023-03-31 09947288 core:Subsidiary1 2023-04-01 2024-03-31 09947288 core:Subsidiary1 1 2023-04-01 2024-03-31 09947288 core:Subsidiary1 1 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure decimalUnit

Company No: 09947288 (England and Wales)

MOORTOWN INVESTMENTS LIMITED

Unaudited Financial Statements
For the financial year ended 31 March 2024
Pages for filing with the registrar

MOORTOWN INVESTMENTS LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2024

Contents

MOORTOWN INVESTMENTS LIMITED

BALANCE SHEET

As at 31 March 2024
MOORTOWN INVESTMENTS LIMITED

BALANCE SHEET (continued)

As at 31 March 2024
Note 2024 2023
£ £
Fixed assets
Investments 3 40 40
40 40
Current assets
Debtors 4 978,243 981,268
978,243 981,268
Creditors: amounts falling due within one year 5 ( 785,803) ( 789,558)
Net current assets 192,440 191,710
Total assets less current liabilities 192,480 191,750
Net assets 192,480 191,750
Capital and reserves
Called-up share capital 100 100
Profit and loss account 192,380 191,650
Total shareholders' funds 192,480 191,750

For the financial year ending 31 March 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 Moortown Investments Limited (registered number: 09947288) were approved and authorised for issue by the Board of Directors on 10 October 2024. They were signed on its behalf by:

R Galton
Director
MOORTOWN INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2024
MOORTOWN INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 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

Moortown Investments 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 Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW, 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 £.

Turnover

Turnover is stated net of trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.
Revenue from services is recognised as they are delivered.

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.

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 3 3

3. Fixed asset investments

Investments in subsidiaries

2024
£
Cost
At 01 April 2023 40
At 31 March 2024 40
Carrying value at 31 March 2024 40
Carrying value at 31 March 2023 40

Details of undertakings

Details of the investments (including principle place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Investments in shares

Name of entity Registered office Principal activity Class of
shares
Ownership
31.03.2024
Ownership
31.03.2023
Western Road Warehouse Limited Towngate House, 2-8 Parkstone Road, Poole, Dorset, United Kingdom, BH152PW Flat Management Ordinary 100.00% 100.00%

4. Debtors

2024 2023
£ £
Other debtors 978,243 981,268

5. Creditors: amounts falling due within one year

2024 2023
£ £
Other creditors 785,803 789,558