Silverfin false false 31/03/2025 01/04/2024 31/03/2025 Miss M Deane 27/03/2023 27 May 2025 The principal activity of the company for the financial year was that of Water collection, treatment and supply. 14760174 2025-03-31 14760174 bus:Director1 2025-03-31 14760174 2024-03-31 14760174 core:CurrentFinancialInstruments 2025-03-31 14760174 core:CurrentFinancialInstruments 2024-03-31 14760174 core:ShareCapital 2025-03-31 14760174 core:ShareCapital 2024-03-31 14760174 core:RetainedEarningsAccumulatedLosses 2025-03-31 14760174 core:RetainedEarningsAccumulatedLosses 2024-03-31 14760174 core:FurnitureFittings 2024-03-31 14760174 core:FurnitureFittings 2025-03-31 14760174 bus:OrdinaryShareClass1 2025-03-31 14760174 bus:OrdinaryShareClass2 2025-03-31 14760174 bus:OrdinaryShareClass3 2025-03-31 14760174 2024-04-01 2025-03-31 14760174 bus:FilletedAccounts 2024-04-01 2025-03-31 14760174 bus:SmallEntities 2024-04-01 2025-03-31 14760174 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 14760174 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 14760174 bus:Director1 2024-04-01 2025-03-31 14760174 core:FurnitureFittings 2024-04-01 2025-03-31 14760174 2023-03-27 2024-03-31 14760174 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 14760174 bus:OrdinaryShareClass1 2023-03-27 2024-03-31 14760174 bus:OrdinaryShareClass2 2024-04-01 2025-03-31 14760174 bus:OrdinaryShareClass2 2023-03-27 2024-03-31 14760174 bus:OrdinaryShareClass3 2024-04-01 2025-03-31 14760174 bus:OrdinaryShareClass3 2023-03-27 2024-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 14760174 (England and Wales)

HIGHER LONGFORD SERVICES LIMITED

Unaudited Financial Statements
For the financial year ended 31 March 2025
Pages for filing with the registrar

HIGHER LONGFORD SERVICES LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2025

Contents

HIGHER LONGFORD SERVICES LIMITED

BALANCE SHEET

As at 31 March 2025
HIGHER LONGFORD SERVICES LIMITED

BALANCE SHEET (continued)

As at 31 March 2025
Note 31.03.2025 31.03.2024
£ £
Fixed assets
Tangible assets 3 1,974 0
1,974 0
Current assets
Debtors 4 5,708 5,709
Cash at bank and in hand 711 9,899
6,419 15,608
Creditors: amounts falling due within one year 5 ( 2,613) ( 11,424)
Net current assets 3,806 4,184
Total assets less current liabilities 5,780 4,184
Provision for liabilities ( 375) 0
Net assets 5,405 4,184
Capital and reserves
Called-up share capital 6 300 300
Profit and loss account 5,105 3,884
Total shareholder's funds 5,405 4,184

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Higher Longford Services Limited (registered number: 14760174) were approved and authorised for issue by the Director on 27 May 2025. They were signed on its behalf by:

Miss M Deane
Director
HIGHER LONGFORD SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
HIGHER LONGFORD SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
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 period, unless otherwise stated.

General information and basis of accounting

Higher Longford Services 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 The Farmhouse Higher Longford, Moorshop, Tavistock, PL19 9LQ, 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 £.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts and after eliminating sales within the company.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

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.

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:

Fixtures and fittings 10 % reducing balance

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.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

Year ended
31.03.2025
Period from
27.03.2023 to
31.03.2024
Number Number
Monthly average number of persons employed by the Company during the year, including the director 0 0

3. Tangible assets

Fixtures and fittings Total
£ £
Cost
At 01 April 2024 0 0
Additions 2,193 2,193
At 31 March 2025 2,193 2,193
Accumulated depreciation
At 01 April 2024 0 0
Charge for the financial year 219 219
At 31 March 2025 219 219
Net book value
At 31 March 2025 1,974 1,974
At 31 March 2024 0 0

4. Debtors

31.03.2025 31.03.2024
£ £
Other debtors 5,708 5,709

5. Creditors: amounts falling due within one year

31.03.2025 31.03.2024
£ £
Amounts owed to Group undertakings 249 0
Taxation and social security 22 2,084
Other creditors 2,342 9,340
2,613 11,424

6. Called-up share capital

31.03.2025 31.03.2024
£ £
Allotted, called-up and fully-paid
100 Ordinary A shares of £ 1.00 each 100 100
100 Ordinary B shares of £ 1.00 each 100 100
100 Ordinary C shares of £ 1.00 each 100 100
300 300