Silverfin false false 30/04/2024 01/05/2023 30/04/2024 Mr A S Dyer 20/04/2023 20 January 2025 The principal activity of the Company during the financial year was that of a dormant holding company. 14817707 2024-04-30 14817707 bus:Director1 2024-04-30 14817707 core:CurrentFinancialInstruments 2024-04-30 14817707 core:Non-currentFinancialInstruments 2024-04-30 14817707 core:ShareCapital 2024-04-30 14817707 core:RetainedEarningsAccumulatedLosses 2024-04-30 14817707 bus:OrdinaryShareClass1 2024-04-30 14817707 bus:OrdinaryShareClass2 2024-04-30 14817707 bus:PreferenceShareClass1 2024-04-30 14817707 2023-05-01 2024-04-30 14817707 bus:FilletedAccounts 2023-05-01 2024-04-30 14817707 bus:SmallEntities 2023-05-01 2024-04-30 14817707 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 14817707 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 14817707 bus:Director1 2023-05-01 2024-04-30 14817707 core:Non-currentFinancialInstruments 2023-05-01 2024-04-30 14817707 bus:OrdinaryShareClass1 2023-05-01 2024-04-30 14817707 bus:OrdinaryShareClass2 2023-05-01 2024-04-30 14817707 bus:PreferenceShareClass1 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 14817707 (England and Wales)

MORRIS ENGINEERING NEW HOLDCO LIMITED

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

MORRIS ENGINEERING NEW HOLDCO LIMITED

Unaudited Financial Statements

For the financial year ended 30 April 2024

Contents

MORRIS ENGINEERING NEW HOLDCO LIMITED

BALANCE SHEET

As at 30 April 2024
MORRIS ENGINEERING NEW HOLDCO LIMITED

BALANCE SHEET (continued)

As at 30 April 2024
Note 2024
£
Fixed assets
Investments 3,350,000
3,350,000
Creditors: amounts falling due within one year 3 ( 138,556)
Net current liabilities (138,556)
Total assets less current liabilities 3,211,444
Creditors: amounts falling due after more than one year 4 ( 799,992)
Net assets 2,411,452
Capital and reserves
Called-up share capital 5 1,250,000
Profit and loss account 1,161,452
Total shareholders' funds 2,411,452

For the financial year ending 30 April 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Morris Engineering New Holdco Limited (registered number: 14817707) were approved and authorised for issue by the Director on 20 January 2025. They were signed on its behalf by:

Mr A S Dyer
Director
MORRIS ENGINEERING NEW HOLDCO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 2024
MORRIS ENGINEERING NEW HOLDCO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year, unless otherwise stated.

General information and basis of accounting

Morris Engineering New Holdco 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 PKF Francis Clark Meliville Building East, Royal William Yard , Plymouth, PL1 3RP, United Kingdom. The principal place of business is Bell Close, Newham Industrial Estate, Plympton, Plymouth, PL7 4JH.

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 £.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption in section 399 of the Companies Act 2006 not to prepare consolidated accounts, because the group it heads qualifies as small. The financial statements present information about the Company as an individual entity only.

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.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

Investments
Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares are publicly traded or their fair value is reliably measurable) are measured at fair value through the Profit and Loss Account. Where fair value cannot be measured reliably, investments are measured at cost less impairment.

2. Employees

2024
Number
Monthly average number of persons employed by the Company during the year, including the director 0

3. Creditors: amounts falling due within one year

2024
£
Other creditors 138,556

4. Creditors: amounts falling due after more than one year

2024
£
Other creditors 799,992

There are no amounts included above in respect of which any security has been given by the small entity.

5. Called-up share capital

2024
£
Allotted, called-up and fully-paid
1,875,000 A ordinary shares of £ 0.50 each 937,500
625,000 B ordinary shares of £ 0.50 each 312,500
1,250,000
900,000 redeemable preference shares of £ 1.00 each 900,000
2,150,000