Silverfin false false 30/06/2024 01/07/2023 30/06/2024 Dougal Alastair Lawson Lyon 16/12/2016 George Douglas Lawson Lyon 16/12/2016 Shane Valerie Lyon 16/12/2016 18 November 2024 The principal activity of the Company during the financial year was that of a holding company. 10529492 2024-06-30 10529492 bus:Director1 2024-06-30 10529492 bus:Director2 2024-06-30 10529492 bus:Director3 2024-06-30 10529492 2023-06-30 10529492 core:CurrentFinancialInstruments 2024-06-30 10529492 core:CurrentFinancialInstruments 2023-06-30 10529492 core:ShareCapital 2024-06-30 10529492 core:ShareCapital 2023-06-30 10529492 core:RetainedEarningsAccumulatedLosses 2024-06-30 10529492 core:RetainedEarningsAccumulatedLosses 2023-06-30 10529492 core:CostValuation 2023-06-30 10529492 core:CostValuation 2024-06-30 10529492 bus:OrdinaryShareClass1 2024-06-30 10529492 2023-07-01 2024-06-30 10529492 bus:FilletedAccounts 2023-07-01 2024-06-30 10529492 bus:SmallEntities 2023-07-01 2024-06-30 10529492 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 10529492 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 10529492 bus:Director1 2023-07-01 2024-06-30 10529492 bus:Director2 2023-07-01 2024-06-30 10529492 bus:Director3 2023-07-01 2024-06-30 10529492 2022-07-01 2023-06-30 10529492 bus:OrdinaryShareClass1 2023-07-01 2024-06-30 10529492 bus:OrdinaryShareClass1 2022-07-01 2023-06-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 10529492 (England and Wales)

BENDARROCH HOLDINGS LTD

Unaudited Financial Statements
For the financial year ended 30 June 2024
Pages for filing with the registrar

BENDARROCH HOLDINGS LTD

Unaudited Financial Statements

For the financial year ended 30 June 2024

Contents

BENDARROCH HOLDINGS LTD

STATEMENT OF FINANCIAL POSITION

As at 30 June 2024
BENDARROCH HOLDINGS LTD

STATEMENT OF FINANCIAL POSITION (continued)

As at 30 June 2024
Note 2024 2023
£ £
Fixed assets
Investments 3 930,975 930,975
930,975 930,975
Current assets
Debtors 4 12,924 10,961
Cash at bank and in hand 997 668
13,921 11,629
Creditors: amounts falling due within one year 5 ( 1,588) ( 1,696)
Net current assets 12,333 9,933
Total assets less current liabilities 943,308 940,908
Net assets 943,308 940,908
Capital and reserves
Called-up share capital 6 930,976 930,976
Profit and loss account 12,332 9,932
Total shareholder's funds 943,308 940,908

For the financial year ending 30 June 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 Bendarroch Holdings Ltd (registered number: 10529492) were approved and authorised for issue by the Board of Directors on 18 November 2024. They were signed on its behalf by:

Shane Valerie Lyon
Director
BENDARROCH HOLDINGS LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2024
BENDARROCH HOLDINGS LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 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

Bendarroch 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 2nd Floor Stratus House Emperor Way, Exeter Business Park, Exeter, EX1 3QS, 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

The directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

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 Statement of Financial Position date.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

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.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

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.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

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 3 3

3. Fixed asset investments

Investments in subsidiaries

2024
£
Cost
At 01 July 2023 930,975
At 30 June 2024 930,975
Carrying value at 30 June 2024 930,975
Carrying value at 30 June 2023 930,975

4. Debtors

2024 2023
£ £
Amounts owed by own subsidiaries 12,924 10,961

5. Creditors: amounts falling due within one year

2024 2023
£ £
Accruals 1,025 1,025
Taxation and social security 563 671
1,588 1,696

6. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
930,976 Ordinary shares of £ 1.00 each 930,976 930,976

7. Related party transactions

As a parent company of wholly owned subsidiary undertakings, the company has taken advantage of the exemption in paragraph 1AC.35 of FRS102 in not disclosing intra group transactions where 100% of the voting rights are controlled within the group.