Silverfin false true 31/05/2024 01/06/2023 31/05/2024 I C Moore 03/10/2024 Suki Samra 24/09/2024 25 February 2025 no description of principal activity 01107939 2024-05-31 01107939 bus:Director1 2024-05-31 01107939 bus:Director2 2024-05-31 01107939 2023-05-31 01107939 core:CurrentFinancialInstruments 2024-05-31 01107939 core:CurrentFinancialInstruments 2023-05-31 01107939 core:ShareCapital 2024-05-31 01107939 core:ShareCapital 2023-05-31 01107939 core:OtherCapitalReserve 2024-05-31 01107939 core:OtherCapitalReserve 2023-05-31 01107939 core:RetainedEarningsAccumulatedLosses 2024-05-31 01107939 core:RetainedEarningsAccumulatedLosses 2023-05-31 01107939 core:OtherResidualIntangibleAssets 2023-05-31 01107939 core:OtherResidualIntangibleAssets 2024-05-31 01107939 2023-06-01 2024-05-31 01107939 bus:FilletedAccounts 2023-06-01 2024-05-31 01107939 bus:SmallEntities 2023-06-01 2024-05-31 01107939 bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 01107939 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 01107939 bus:Director1 2023-06-01 2024-05-31 01107939 bus:Director2 2023-06-01 2024-05-31 iso4217:GBP

Company No: 01107939 (England and Wales)

HANNEFORD FINANCE COMPANY LIMITED (THE)

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

HANNEFORD FINANCE COMPANY LIMITED (THE)

Unaudited Financial Statements

For the financial year ended 31 May 2024

Contents

HANNEFORD FINANCE COMPANY LIMITED (THE)

BALANCE SHEET

As at 31 May 2024
HANNEFORD FINANCE COMPANY LIMITED (THE)

BALANCE SHEET (continued)

As at 31 May 2024
Note 2024 2023
£ £
Fixed assets
Intangible assets 2 266 266
Investments 121,315 121,315
121,581 121,581
Current assets
Debtors 3 291,977 291,977
291,977 291,977
Creditors: amounts falling due within one year 4 ( 287,432) ( 287,432)
Net current assets 4,545 4,545
Total assets less current liabilities 126,126 126,126
Net assets 126,126 126,126
Capital and reserves
Called-up share capital 40,000 40,000
Other reserves 399,445 399,445
Profit and loss account ( 313,319 ) ( 313,319 )
Total shareholders' funds 126,126 126,126

Hanneford Finance Company Limited (The) (registered number: 01107939) did not trade during the current or preceding financial year and has made neither profit nor loss, nor any other comprehensive income. There have been no movements in shareholders’ funds during the current or preceding financial year and therefore no Statement of Changes of Equity has been included. For the financial year ending 31 May 2024 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Hanneford Finance Company Limited (The) (registered number: 01107939) were approved and authorised for issue by the Director on 25 February 2025. They were signed on its behalf by:

Suki Samra
Director
HANNEFORD FINANCE COMPANY LIMITED (THE)

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 May 2024
HANNEFORD FINANCE COMPANY LIMITED (THE)

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

Hanneford Finance Company Limited (The) (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 £.

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. Intangible assets

Other intangible assets Total
£ £
Cost
At 01 June 2023 14,220 14,220
At 31 May 2024 14,220 14,220
Accumulated amortisation
At 01 June 2023 13,954 13,954
At 31 May 2024 13,954 13,954
Net book value
At 31 May 2024 266 266
At 31 May 2023 266 266

3. Debtors

2024 2023
£ £
Other debtors 291,977 291,977

4. Creditors: amounts falling due within one year

2024 2023
£ £
Other creditors 287,432 287,432