Silverfin false true 31/03/2025 01/04/2024 31/03/2025 Hugh Stewart 22/10/2012 John Paul Stewart 22/10/2012 02 June 2025 The principal activity of the company continued to be that of property investment. The company remained dormant throughout the year and had no trade. SC435181 2025-03-31 SC435181 bus:Director1 2025-03-31 SC435181 bus:Director2 2025-03-31 SC435181 2024-03-31 SC435181 core:ShareCapital 2025-03-31 SC435181 core:ShareCapital 2024-03-31 SC435181 bus:OrdinaryShareClass1 2025-03-31 SC435181 2024-04-01 2025-03-31 SC435181 bus:FilletedAccounts 2024-04-01 2025-03-31 SC435181 bus:SmallEntities 2024-04-01 2025-03-31 SC435181 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 SC435181 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 SC435181 bus:Director1 2024-04-01 2025-03-31 SC435181 bus:Director2 2024-04-01 2025-03-31 SC435181 2023-04-01 2024-03-31 SC435181 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 SC435181 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 iso4217:EUR xbrli:pure xbrli:shares

Company No: SC435181 (Scotland)

SON VIDA LIMITED

UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH THE REGISTRAR

SON VIDA LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 MARCH 2025

Contents

SON VIDA LIMITED

BALANCE SHEET

AS AT 31 MARCH 2025
SON VIDA LIMITED

BALANCE SHEET (continued)

AS AT 31 MARCH 2025
Note 2025 2024
Fixed assets
Investment property 3 4,046,000 4,046,000
4,046,000 4,046,000
Current assets
Cash at bank and in hand 124 124
124 124
Net current assets 124 124
Total assets less current liabilities 4,046,124 4,046,124
Net assets 4,046,124 4,046,124
Capital and reserves
Called-up share capital 4 4,046,124 4,046,124
Total shareholders' funds 4,046,124 4,046,124

Son Vida Limited (registered number: SC435181) did not trade during the current or preceding financial year and has made neither profit nor loss, nor any other comprehensive income. There have been no movements in shareholders’ funds during the current or preceding financial year and therefore no Statement of Changes of Equity has been included. For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The financial statements of Son Vida Limited (registered number: SC435181) were approved and authorised for issue by the Board of Directors on 02 June 2025. They were signed on its behalf by:

Hugh Stewart
Director
SON VIDA LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 MARCH 2025
SON VIDA 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 year, unless otherwise stated.

General information and basis of accounting

Son Vida Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is Coralinn House, 4 Royston Road, Livingston, EH54 8AH, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and 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 euros 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.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.

The fair value is determined annually by the directors, on an open market value for existing use basis.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand.

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, which include cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method 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. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including creditors, 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 payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

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

2025 2024
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

3. Investment property

Investment property
Valuation
As at 01 April 2024 4,046,000
As at 31 March 2025 4,046,000

Valuation

Investment property comprises of one property. The fair value of the investment property has been arrived at on the basis of a valuation carried out at 31 March 2025 by a director of the company. The valuation was made on an open market value basis.

4. Called-up share capital

2025 2024
Allotted, called-up and fully-paid
3,215,448 Ordinary shares of € 1.258339118 each 4,046,124 4,046,124