Silverfin false false 31/05/2024 01/06/2023 31/05/2024 E R O'Brien 01/11/2017 J V O'Brien 11/04/2014 22 January 2025 The principal activity of the Company during the financial year was that of a dormant holding company. 08993243 2024-05-31 08993243 bus:Director1 2024-05-31 08993243 bus:Director2 2024-05-31 08993243 2023-05-31 08993243 core:CurrentFinancialInstruments 2024-05-31 08993243 core:CurrentFinancialInstruments 2023-05-31 08993243 core:ShareCapital 2024-05-31 08993243 core:ShareCapital 2023-05-31 08993243 core:CapitalRedemptionReserve 2024-05-31 08993243 core:CapitalRedemptionReserve 2023-05-31 08993243 core:RetainedEarningsAccumulatedLosses 2024-05-31 08993243 core:RetainedEarningsAccumulatedLosses 2023-05-31 08993243 core:CostValuation 2023-05-31 08993243 core:CostValuation 2024-05-31 08993243 bus:OrdinaryShareClass1 2024-05-31 08993243 bus:OrdinaryShareClass2 2024-05-31 08993243 bus:OrdinaryShareClass3 2024-05-31 08993243 2023-06-01 2024-05-31 08993243 bus:FilletedAccounts 2023-06-01 2024-05-31 08993243 bus:SmallEntities 2023-06-01 2024-05-31 08993243 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 08993243 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 08993243 bus:Director1 2023-06-01 2024-05-31 08993243 bus:Director2 2023-06-01 2024-05-31 08993243 2022-06-01 2023-05-31 08993243 bus:OrdinaryShareClass1 2023-06-01 2024-05-31 08993243 bus:OrdinaryShareClass1 2022-06-01 2023-05-31 08993243 bus:OrdinaryShareClass2 2023-06-01 2024-05-31 08993243 bus:OrdinaryShareClass2 2022-06-01 2023-05-31 08993243 bus:OrdinaryShareClass3 2023-06-01 2024-05-31 08993243 bus:OrdinaryShareClass3 2022-06-01 2023-05-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 08993243 (England and Wales)

POSITIVE (HOLDINGS) LIMITED

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

POSITIVE (HOLDINGS) LIMITED

Unaudited Financial Statements

For the financial year ended 31 May 2024

Contents

POSITIVE (HOLDINGS) LIMITED

BALANCE SHEET

As at 31 May 2024
POSITIVE (HOLDINGS) LIMITED

BALANCE SHEET (continued)

As at 31 May 2024
Note 2024 2023
£ £
Fixed assets
Investments 3 301,500 301,500
301,500 301,500
Creditors: amounts falling due within one year 4 ( 60) ( 60)
Net current liabilities (60) (60)
Total assets less current liabilities 301,440 301,440
Net assets 301,440 301,440
Capital and reserves
Called-up share capital 5 100 100
Capital redemption reserve 200,000 200,000
Profit and loss account 101,340 101,340
Total shareholders' funds 301,440 301,440

For the financial year ending 31 May 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 Positive (Holdings) Limited (registered number: 08993243) were approved and authorised for issue by the Board of Directors on 22 January 2025. They were signed on its behalf by:

J V O'Brien
Director
POSITIVE (HOLDINGS) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 May 2024
POSITIVE (HOLDINGS) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 May 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

Positive (Holdings) 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 Plym House Suite 4, 3 Longbridge Road, Plymouth, PL6 8LT, 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 £.

Impairment of assets

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

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 0 0

3. Fixed asset investments

Investments in subsidiaries

2024
£
Cost
At 01 June 2023 301,500
At 31 May 2024 301,500
Carrying value at 31 May 2024 301,500
Carrying value at 31 May 2023 301,500

4. Creditors: amounts falling due within one year

2024 2023
£ £
Amounts owed to directors 60 60

5. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
9,000 Ordinary shares shares of £ 0.01 each 90 90
500 Ordinary B shares shares of £ 0.01 each 5 5
500 Ordinary C shares shares of £ 0.01 each 5 5
100 100