Silverfin false false 31/12/2024 01/01/2024 31/12/2024 S Buckland 22/01/2025 B Carson 16/08/2018 J Carson 16/08/2018 L Carson 16/08/2018 M Greene 22/01/2025 30/10/2019 26 March 2025 no description of principal activity 11521961 2024-12-31 11521961 bus:Director1 2024-12-31 11521961 bus:Director2 2024-12-31 11521961 bus:Director3 2024-12-31 11521961 bus:Director4 2024-12-31 11521961 bus:Director5 2024-12-31 11521961 2023-12-31 11521961 core:CurrentFinancialInstruments 2024-12-31 11521961 core:CurrentFinancialInstruments 2023-12-31 11521961 core:ShareCapital 2024-12-31 11521961 core:ShareCapital 2023-12-31 11521961 core:RetainedEarningsAccumulatedLosses 2024-12-31 11521961 core:RetainedEarningsAccumulatedLosses 2023-12-31 11521961 core:CostValuation 2023-12-31 11521961 core:CostValuation 2024-12-31 11521961 2024-01-01 2024-12-31 11521961 bus:FilletedAccounts 2024-01-01 2024-12-31 11521961 bus:SmallEntities 2024-01-01 2024-12-31 11521961 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 11521961 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11521961 bus:Director1 2024-01-01 2024-12-31 11521961 bus:Director2 2024-01-01 2024-12-31 11521961 bus:Director3 2024-01-01 2024-12-31 11521961 bus:Director4 2024-01-01 2024-12-31 11521961 bus:Director5 2024-01-01 2024-12-31 11521961 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Company No: 11521961 (England and Wales)

LONDON & ARGYLL (MERTON) HOLDCO LIMITED

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

LONDON & ARGYLL (MERTON) HOLDCO LIMITED

Unaudited Financial Statements

For the financial year ended 31 December 2024

Contents

LONDON & ARGYLL (MERTON) HOLDCO LIMITED

COMPANY INFORMATION

For the financial year ended 31 December 2024
LONDON & ARGYLL (MERTON) HOLDCO LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 December 2024
DIRECTORS S Buckland (Appointed 22 January 2025)
B Carson
J Carson
L Carson
M Greene (Resigned 22 January 2025)
REGISTERED OFFICE 35 Ballards Lane
London
N3 1XW
United Kingdom
COMPANY NUMBER 11521961 (England and Wales)
ACCOUNTANTS Berg Kaprow Lewis LLP
35 Ballards Lane
London
N3 1XW
LONDON & ARGYLL (MERTON) HOLDCO LIMITED

BALANCE SHEET

As at 31 December 2024
LONDON & ARGYLL (MERTON) HOLDCO LIMITED

BALANCE SHEET (continued)

As at 31 December 2024
Note 2024 2023
£ £
Fixed assets
Investments 3 1,000 1,000
1,000 1,000
Current assets
Cash at bank and in hand 100 100
100 100
Creditors: amounts falling due within one year 4 ( 15,402) ( 14,192)
Net current liabilities (15,302) (14,092)
Total assets less current liabilities (14,302) (13,092)
Net liabilities ( 14,302) ( 13,092)
Capital and reserves
Called-up share capital 100 100
Profit and loss account ( 14,402 ) ( 13,192 )
Total shareholders' deficit ( 14,302) ( 13,092)

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of London & Argyll (Merton) Holdco Limited (registered number: 11521961) were approved and authorised for issue by the Board of Directors. They were signed on its behalf by:

J Carson
Director

26 March 2025

LONDON & ARGYLL (MERTON) HOLDCO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
LONDON & ARGYLL (MERTON) HOLDCO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 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

London & Argyll (Merton) 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 35 Ballards Lane, London, N3 1XW, 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 £.

Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company . Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a longterm interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangementare classified as jointly controlled entities .

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.

Financial instruments

The Company only enters into basic financial instruments and transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to and from related parties and investments in non-puttable ordinary shares.

Financial assets
Basic financial assets, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Such assets are subsequently carried at amortised cost using the effective interest method.
At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in the Profit and Loss account.

Financial liabilities
Basic financial liabilities, including accruals, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

Equity instruments
Equity instruments issued by the company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the company during the year, including directors 4 4

3. Fixed asset investments

Investments in subsidiaries

2024
£
Cost
At 01 January 2024 1,000
At 31 December 2024 1,000
Carrying value at 31 December 2024 1,000
Carrying value at 31 December 2023 1,000

4. Creditors: amounts falling due within one year

2024 2023
£ £
Accruals 2,220 3,600
Other creditors 13,182 10,592
15,402 14,192

5. Related party transactions

Transactions with entities in which the entity itself has a participating interest

2024 2023
£ £
Amounts owed to a subsidiaries included in other creditors 13,182 10,592