Silverfin false false 31/03/2024 01/04/2023 31/03/2024 H S Black 12/11/2015 I H Seddon 12/11/2015 I R Seddon 12/11/2015 C Black 12/11/2015 23 October 2024 The principal activity of the Company is that of a holding company. 09870170 2024-03-31 09870170 bus:Director1 2024-03-31 09870170 bus:Director2 2024-03-31 09870170 bus:Director3 2024-03-31 09870170 bus:Director4 2024-03-31 09870170 2023-03-31 09870170 core:CurrentFinancialInstruments 2024-03-31 09870170 core:CurrentFinancialInstruments 2023-03-31 09870170 core:ShareCapital 2024-03-31 09870170 core:ShareCapital 2023-03-31 09870170 core:CostValuation 2023-03-31 09870170 core:CostValuation 2024-03-31 09870170 bus:OrdinaryShareClass1 2024-03-31 09870170 bus:OrdinaryShareClass2 2024-03-31 09870170 2023-04-01 2024-03-31 09870170 bus:FilletedAccounts 2023-04-01 2024-03-31 09870170 bus:SmallEntities 2023-04-01 2024-03-31 09870170 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 09870170 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09870170 bus:Director1 2023-04-01 2024-03-31 09870170 bus:Director2 2023-04-01 2024-03-31 09870170 bus:Director3 2023-04-01 2024-03-31 09870170 bus:Director4 2023-04-01 2024-03-31 09870170 2022-04-01 2023-03-31 09870170 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 09870170 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 09870170 bus:OrdinaryShareClass2 2023-04-01 2024-03-31 09870170 bus:OrdinaryShareClass2 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 09870170 (England and Wales)

YELVERTON PROPERTIES INVESTMENTS LIMITED

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

YELVERTON PROPERTIES INVESTMENTS LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2024

Contents

YELVERTON PROPERTIES INVESTMENTS LIMITED

STATEMENT OF FINANCIAL POSITION

As at 31 March 2024
YELVERTON PROPERTIES INVESTMENTS LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

As at 31 March 2024
Note 2024 2023
£ £
Fixed assets
Investments 3 19,152,322 19,152,322
19,152,322 19,152,322
Current assets
Debtors 4 13,126 13,126
13,126 13,126
Creditors: amounts falling due within one year 5 ( 12,934) ( 12,934)
Net current assets 192 192
Total assets less current liabilities 19,152,514 19,152,514
Net assets 19,152,514 19,152,514
Capital and reserves
Called-up share capital 6 19,152,514 19,152,514
Total shareholders' funds 19,152,514 19,152,514

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 Yelverton Properties Investments Limited (registered number: 09870170) were approved and authorised for issue by the Board of Directors. They were signed on its behalf by:

H S Black
Director

23 October 2024

YELVERTON PROPERTIES INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2024
YELVERTON PROPERTIES 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

Yelverton Properties 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 35 Ballards Lane, London, N3 1XW, 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 £.

Financial instruments

The Company only enters into basic financial instruments and transactions that result in the recognition of financial assets and liabilities like other debtors and creditors, loans to and from related parties and investments in non-puttable ordinary shares.

Financial assets
Basic financial assets, including other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Such assets are subsequently carried at amortised cost using the effective interest method.

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in the Statement of Income and Retained Earnings.

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

Financial liabilities
Basic financial liabilities, including other creditors and accruals, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Investments
Investments in subsidiaries are measured at cost less accumulated impairment.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the company during the year, including directors 4 4

3. Fixed asset investments

Investments in subsidiaries

2024
£
Cost
At 01 April 2023 19,152,322
At 31 March 2024 19,152,322
Carrying value at 31 March 2024 19,152,322
Carrying value at 31 March 2023 19,152,322

4. Debtors

2024 2023
£ £
Other debtors 13,126 13,126

5. Creditors: amounts falling due within one year

2024 2023
£ £
Other creditors 12,934 12,934

6. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
19,152,322 Ordinary shares of £ 1.00 each 19,152,322 19,152,322
19,152,322 Ordinary A shares of £ 0.00001 each 192 192
19,152,514 19,152,514