Silverfin false false 31/10/2024 01/11/2023 31/10/2024 R A Davies 21/11/2019 24 March 2025 The principal activity of the Company during the financial year was a holding company. 12327328 2024-10-31 12327328 bus:Director1 2024-10-31 12327328 2023-10-31 12327328 core:ShareCapital 2024-10-31 12327328 core:ShareCapital 2023-10-31 12327328 core:CostValuation 2023-10-31 12327328 core:CostValuation 2024-10-31 12327328 2023-11-01 2024-10-31 12327328 bus:FilletedAccounts 2023-11-01 2024-10-31 12327328 bus:SmallEntities 2023-11-01 2024-10-31 12327328 bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 12327328 bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 12327328 bus:Director1 2023-11-01 2024-10-31 12327328 2022-11-01 2023-10-31 iso4217:GBP xbrli:pure

Company No: 12327328 (England and Wales)

TEDDY MOUNTAIN HOLDINGS LIMITED

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

TEDDY MOUNTAIN HOLDINGS LIMITED

Unaudited Financial Statements

For the financial year ended 31 October 2024

Contents

TEDDY MOUNTAIN HOLDINGS LIMITED

BALANCE SHEET

As at 31 October 2024
TEDDY MOUNTAIN HOLDINGS LIMITED

BALANCE SHEET (continued)

As at 31 October 2024
Note 2024 2023
£ £
Fixed assets
Investments 3 1,382,000 1,382,000
1,382,000 1,382,000
Net current assets 0 0
Total assets less current liabilities 1,382,000 1,382,000
Net assets 1,382,000 1,382,000
Capital and reserves
Called-up share capital 1,382,000 1,382,000
Total shareholders' funds 1,382,000 1,382,000

For the financial year ending 31 October 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small 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 Teddy Mountain Holdings Limited (registered number: 12327328) were approved and authorised for issue by the Director on 24 March 2025. They were signed on its behalf by:

R A Davies
Director
TEDDY MOUNTAIN HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 2024
TEDDY MOUNTAIN HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 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

Teddy Mountain 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 Goodwood House, Blackbrook Park Avenue, Taunton, TA1 2PX, 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 £.

Dividend income

Dividend income from investments is recognised when the shareholders' rights to receive payment have been established (provided that it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably).

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.

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. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

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.

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 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Fixed asset investments

Other investments Total
£ £
Cost or valuation before impairment
At 01 November 2023 1,382,000 1,382,000
At 31 October 2024 1,382,000 1,382,000
Carrying value at 31 October 2024 1,382,000 1,382,000
Carrying value at 31 October 2023 1,382,000 1,382,000