Silverfin false false 31/08/2024 01/09/2023 31/08/2024 Mr A King 09/08/2018 03 June 2025 The principal activity of the Company during the financial year was that of an investment company. 11509877 2024-08-31 11509877 bus:Director1 2024-08-31 11509877 2023-08-31 11509877 core:CurrentFinancialInstruments 2024-08-31 11509877 core:CurrentFinancialInstruments 2023-08-31 11509877 core:ShareCapital 2024-08-31 11509877 core:ShareCapital 2023-08-31 11509877 core:RetainedEarningsAccumulatedLosses 2024-08-31 11509877 core:RetainedEarningsAccumulatedLosses 2023-08-31 11509877 core:CostValuation 2023-08-31 11509877 core:DisposalsRepaymentsInvestments 2024-08-31 11509877 core:CostValuation 2024-08-31 11509877 bus:OrdinaryShareClass1 2024-08-31 11509877 2023-09-01 2024-08-31 11509877 bus:FilletedAccounts 2023-09-01 2024-08-31 11509877 bus:SmallEntities 2023-09-01 2024-08-31 11509877 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 11509877 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 11509877 bus:Director1 2023-09-01 2024-08-31 11509877 2022-09-01 2023-08-31 11509877 bus:OrdinaryShareClass1 2023-09-01 2024-08-31 11509877 bus:OrdinaryShareClass1 2022-09-01 2023-08-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 11509877 (England and Wales)

BLUE HERON HOLDINGS LTD

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

BLUE HERON HOLDINGS LTD

Unaudited Financial Statements

For the financial year ended 31 August 2024

Contents

BLUE HERON HOLDINGS LTD

BALANCE SHEET

As at 31 August 2024
BLUE HERON HOLDINGS LTD

BALANCE SHEET (continued)

As at 31 August 2024
Note 2024 2023
£ £
Fixed assets
Investments 4 1,911,308 2,500,000
1,911,308 2,500,000
Current assets
Cash at bank and in hand 0 10
0 10
Creditors: amounts falling due within one year 5 ( 448,667) ( 1,520,422)
Net current liabilities (448,667) (1,520,412)
Total assets less current liabilities 1,462,641 979,588
Net assets 1,462,641 979,588
Capital and reserves
Called-up share capital 6 10 10
Profit and loss account 1,462,631 979,578
Total shareholder's funds 1,462,641 979,588

For the financial year ending 31 August 2024 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 Blue Heron Holdings Ltd (registered number: 11509877) were approved and authorised for issue by the Director on 03 June 2025. They were signed on its behalf by:

Mr A King
Director
BLUE HERON HOLDINGS LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 August 2024
BLUE HERON HOLDINGS LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 August 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

Blue Heron 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 Ground Floor Blackbrook Gate 1, Blackbrook Business Park, Taunton, TA1 2PX, 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

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.

Other financial assets
Other financial assets, including investments in equity instruments which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit or loss, except that investments in equity instruments that are not publicly traded and whose fair values cannot be measured reliably are measured at cost less impairment.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

2. Critical accounting judgements and key sources of estimation uncertainty

In the application of the Company’s accounting policies, the director is required to make judgements that have a significant impact on the amounts recognised. The following are the critical judgements that the director has made in the process of applying the Company’s accounting policies and that have the most significant effect on the amounts recognised in the financial statements.

Fixed asset investments are valued at cost less impairment which requires an estimate as to the current value of the investments. The carrying amount is £1,911,308 (2023: £2,500,000).

3. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

4. Fixed asset investments

Other investments Total
£ £
Cost or valuation before impairment
At 01 September 2023 2,500,000 2,500,000
Disposals ( 588,692) ( 588,692)
At 31 August 2024 1,911,308 1,911,308
Carrying value at 31 August 2024 1,911,308 1,911,308
Carrying value at 31 August 2023 2,500,000 2,500,000

5. Creditors: amounts falling due within one year

2024 2023
£ £
Amounts owed to director 446,533 1,518,453
Accruals 2,134 1,969
448,667 1,520,422

6. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
10 Ordinary shares of £ 1.00 each 10 10