Silverfin false false 31/12/2024 30/09/2023 31/12/2024 Mr D Langmead 30/09/2023 Mrs F Marley 30/09/2023 Mr E Marley 30/09/2023 13 May 2025 The principal activity of the company during the financial year was that of a holding company. 15178320 2024-12-31 15178320 bus:Director1 2024-12-31 15178320 bus:Director2 2024-12-31 15178320 bus:Director3 2024-12-31 15178320 core:CurrentFinancialInstruments 2024-12-31 15178320 core:Non-currentFinancialInstruments 2024-12-31 15178320 core:ShareCapital 2024-12-31 15178320 core:RetainedEarningsAccumulatedLosses 2024-12-31 15178320 core:CostValuation 2023-09-29 15178320 core:AdditionsToInvestments 2024-12-31 15178320 core:DisposalsRepaymentsInvestments 2024-12-31 15178320 core:CostValuation 2024-12-31 15178320 bus:OrdinaryShareClass1 2024-12-31 15178320 2023-09-30 2024-12-31 15178320 bus:FilletedAccounts 2023-09-30 2024-12-31 15178320 bus:SmallEntities 2023-09-30 2024-12-31 15178320 bus:AuditExemptWithAccountantsReport 2023-09-30 2024-12-31 15178320 bus:PrivateLimitedCompanyLtd 2023-09-30 2024-12-31 15178320 bus:Director1 2023-09-30 2024-12-31 15178320 bus:Director2 2023-09-30 2024-12-31 15178320 bus:Director3 2023-09-30 2024-12-31 15178320 bus:OrdinaryShareClass1 2023-09-30 2024-12-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 15178320 (England and Wales)

TRESCO HOLDINGS LTD

Unaudited Financial Statements
For the financial period from 30 September 2023 to 31 December 2024
Pages for filing with the registrar

TRESCO HOLDINGS LTD

Unaudited Financial Statements

For the financial period from 30 September 2023 to 31 December 2024

Contents

TRESCO HOLDINGS LTD

BALANCE SHEET

As at 31 December 2024
TRESCO HOLDINGS LTD

BALANCE SHEET (continued)

As at 31 December 2024
Note 31.12.2024
£
Fixed assets
Investments 3 362,160
362,160
Current assets
Debtors
- due within one year 4 984,327
- due after more than one year 4 40,000
Cash at bank and in hand 800,997
1,825,324
Creditors: amounts falling due within one year 5 ( 3,230)
Net current assets 1,822,094
Total assets less current liabilities 2,184,254
Net assets 2,184,254
Capital and reserves
Called-up share capital 6 800
Profit and loss account 2,183,454
Total shareholders' funds 2,184,254

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 Tresco Holdings Ltd (registered number: 15178320) were approved and authorised for issue by the Board of Directors on 13 May 2025. They were signed on its behalf by:

Mr E Marley
Director
TRESCO HOLDINGS LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 30 September 2023 to 31 December 2024
TRESCO HOLDINGS LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 30 September 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

Tresco Holdings Ltd (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 Centenary House Peninsula Park, Rydon Lane, Exeter, EX2 7XE, 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 £.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption in section 399 of the Companies Act 2006 not to prepare consolidated accounts, because the group it heads qualifies as small. The financial statements present information about the Company as an individual entity only.

Reporting period length

The company extended its financial year to coincide with the financial year end of the group.

Interest income

Interest income is recognised over time based on the amount outstanding and the effective interest rate.

Dividend income

Dividend income is recognised when the company's right to receive payment has been established.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

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.

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.

2. Employees

Period from
30.09.2023 to
31.12.2024
Number
Monthly average number of persons employed by the Company during the period, including directors 0

3. Fixed asset investments

Other investments Total
£ £
Cost or valuation before impairment
At 30 September 2023 0 0
Additions 2,511,870 2,511,870
Disposals ( 2,149,710) ( 2,149,710)
At 31 December 2024 362,160 362,160
Carrying value at 31 December 2024 362,160 362,160

4. Debtors

31.12.2024
£
Debtors: amounts falling due within one year
Amounts owed by Group undertakings 975,980
Other debtors 8,347
984,327
Debtors: amounts falling due after more than one year
Other debtors 40,000

5. Creditors: amounts falling due within one year

31.12.2024
£
Amounts owed to directors 130
Accruals 1,500
Taxation and social security 1,600
3,230

6. Called-up share capital

31.12.2024
£
Allotted, called-up and fully-paid
800 Ordinary A shares of £ 1.00 each 800

7. Related party transactions

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

31.12.2024
£
Amounts owed by Group undertakings 975,980

During the current period, a loan existed between Pinnacle Plants International Ltd and Tresco Holdings Ltd. The balance is repayable on demand. At the balance sheet date, the amount due to Tresco Holdings Ltd was £975,980.