Silverfin false false 31/03/2025 01/04/2024 31/03/2025 C R Reynolds 22/03/2022 L A Reynolds 22/03/2022 04 June 2025 The principal activity of the company is the provision of other accommodation. The company was incorporated on 22 March 2022 and had not commenced trading by 31 March 2025. 13995847 2025-03-31 13995847 bus:Director1 2025-03-31 13995847 bus:Director2 2025-03-31 13995847 2024-03-31 13995847 core:CurrentFinancialInstruments 2025-03-31 13995847 core:CurrentFinancialInstruments 2024-03-31 13995847 core:Non-currentFinancialInstruments 2025-03-31 13995847 core:Non-currentFinancialInstruments 2024-03-31 13995847 core:ShareCapital 2025-03-31 13995847 core:ShareCapital 2024-03-31 13995847 core:RetainedEarningsAccumulatedLosses 2025-03-31 13995847 core:RetainedEarningsAccumulatedLosses 2024-03-31 13995847 core:InvestmentPropertyIncludedWithinPPE 2024-03-31 13995847 core:InvestmentPropertyIncludedWithinPPE 2025-03-31 13995847 bus:OrdinaryShareClass1 2025-03-31 13995847 2024-04-01 2025-03-31 13995847 bus:FilletedAccounts 2024-04-01 2025-03-31 13995847 bus:SmallEntities 2024-04-01 2025-03-31 13995847 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 13995847 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 13995847 bus:Director1 2024-04-01 2025-03-31 13995847 bus:Director2 2024-04-01 2025-03-31 13995847 2023-04-01 2024-03-31 13995847 core:InvestmentPropertyIncludedWithinPPE 2024-04-01 2025-03-31 13995847 core:Non-currentFinancialInstruments 2024-04-01 2025-03-31 13995847 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 13995847 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 13995847 (England and Wales)

ISLAND VIEW CAPITAL LIMITED

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

ISLAND VIEW CAPITAL LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2025

Contents

ISLAND VIEW CAPITAL LIMITED

BALANCE SHEET

As at 31 March 2025
ISLAND VIEW CAPITAL LIMITED

BALANCE SHEET (continued)

As at 31 March 2025
Note 2025 2024
£ £
Fixed assets
Tangible assets 3 744,405 589,198
744,405 589,198
Current assets
Cash at bank and in hand 8,781 4,221
8,781 4,221
Creditors: amounts falling due within one year 4 ( 2,374) ( 602,362)
Net current assets/(liabilities) 6,407 (598,141)
Total assets less current liabilities 750,812 (8,943)
Creditors: amounts falling due after more than one year 5 ( 776,000) 0
Net liabilities ( 25,188) ( 8,943)
Capital and reserves
Called-up share capital 6 100 100
Profit and loss account ( 25,288 ) ( 9,043 )
Total shareholders' deficit ( 25,188) ( 8,943)

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.

Directors' responsibilities:

The financial statements of Island View Capital Limited (registered number: 13995847) were approved and authorised for issue by the Board of Directors on 04 June 2025. They were signed on its behalf by:

C R Reynolds
Director
ISLAND VIEW CAPITAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
ISLAND VIEW CAPITAL 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

Island View Capital 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 Lowin House, Tregolls Road, Truro, TR1 2NA, 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 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.

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 Statement of Income and Retained Earnings as described below.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

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.

2. Employees

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

3. Tangible assets

Investment property Total
£ £
Cost
At 01 April 2024 589,198 589,198
Additions 155,207 155,207
At 31 March 2025 744,405 744,405
Accumulated depreciation
At 01 April 2024 0 0
At 31 March 2025 0 0
Net book value
At 31 March 2025 744,405 744,405
At 31 March 2024 589,198 589,198

Current cost has been confirmed by directors to be equivalent to value.

4. Creditors: amounts falling due within one year

2025 2024
£ £
Trade creditors 0 22
Other creditors 2,374 602,340
2,374 602,362

5. Creditors: amounts falling due after more than one year

2025 2024
£ £
Other creditors 776,000 0

There are no amounts included above in respect of which any security has been given by the small entity.

6. Called-up share capital

2025 2024
£ £
Allotted, called-up and fully-paid
100 Ordinary Shares shares of £ 1.00 each 100 100

7. Related party transactions

Other related party transactions

2025 2024
£ £
Company under common control 776,000 551,000

At the balance sheet date £ 776,000 was due to a company under common control.