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Company No: 15314391 (England and Wales)

TEHTRA LISKEARD LIMITED

Unaudited Financial Statements
For the financial period from 28 November 2023 to 31 December 2024
Pages for filing with the registrar

TEHTRA LISKEARD LIMITED

Unaudited Financial Statements

For the financial period from 28 November 2023 to 31 December 2024

Contents

TEHTRA LISKEARD LIMITED

BALANCE SHEET

As at 31 December 2024
TEHTRA LISKEARD LIMITED

BALANCE SHEET (continued)

As at 31 December 2024
Note 31.12.2024
£
Current assets
Cash at bank and in hand 161
161
Creditors: amounts falling due within one year 3 ( 2,083)
Net current liabilities (1,922)
Total assets less current liabilities (1,922)
Net liabilities ( 1,922)
Capital and reserves
Called-up share capital 4 1
Profit and loss account ( 1,923 )
Total shareholder's deficit ( 1,922)

For the financial period 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 Tehtra Liskeard Limited (registered number: 15314391) were approved and authorised for issue by the Board of Directors on 08 April 2025. They were signed on its behalf by:

Mr J L Phillips
Director
TEHTRA LISKEARD LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 28 November 2023 to 31 December 2024
TEHTRA LISKEARD LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 28 November 2023 to 31 December 2024
1. Accounting policies

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

General information and basis of accounting

Tehtra Liskeard Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in . The address of the Company's registered office is 1 Collingwood Villas, Plymouth, England, PL1 5NZ.

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 £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Revenue from sale of development properties is recognised at point of exchange.

Revenue from services is recognised as they are delivered.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

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.

2. Employees

Period from
28.11.2023 to
31.12.2024
Number
Monthly average number of persons employed by the Company during the period, including directors 0

3. Creditors: amounts falling due within one year

31.12.2024
£
Other creditors 2,083

4. Called-up share capital

31.12.2024
£
Allotted, called-up and fully-paid
1 Ordinary share of £ 1.00 1

5. Related party transactions

Transactions with owners holding a participating interest in the entity

31.12.2024
£
Write off of loan from associated company 32,750

During the year, advances of £198,431 were received from the parent company. As at the year end, the balance owed was £32,750 and this was written off at the balance sheet date.

6. Ultimate controlling party

Parent Company:

Badgerface Properties Limited
1 Collingwood Villas, Plymouth, England, PL1 5NZ

These financial statements are available on request from Companies House, Crown Way, Cardiff.