Silverfin false false 31/03/2025 01/04/2024 31/03/2025 Mr S R Carter 03/03/2008 Mr M J Spencer 03/03/2008 29 May 2025 The principal activity of the Company during the financial year was that of a holding company. 06521470 2025-03-31 06521470 bus:Director1 2025-03-31 06521470 bus:Director2 2025-03-31 06521470 2024-03-31 06521470 core:ShareCapital 2025-03-31 06521470 core:ShareCapital 2024-03-31 06521470 core:SharePremium 2025-03-31 06521470 core:SharePremium 2024-03-31 06521470 core:CostValuation 2024-03-31 06521470 core:CostValuation 2025-03-31 06521470 bus:OrdinaryShareClass1 2025-03-31 06521470 2024-04-01 2025-03-31 06521470 bus:FilletedAccounts 2024-04-01 2025-03-31 06521470 bus:SmallEntities 2024-04-01 2025-03-31 06521470 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 06521470 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 06521470 bus:Director1 2024-04-01 2025-03-31 06521470 bus:Director2 2024-04-01 2025-03-31 06521470 2023-04-01 2024-03-31 06521470 core:Subsidiary1 2024-04-01 2025-03-31 06521470 core:Subsidiary1 1 2024-04-01 2025-03-31 06521470 core:Subsidiary1 1 2023-04-01 2024-03-31 06521470 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 06521470 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure decimalUnit xbrli:shares

Company No: 06521470 (England and Wales)

SPENCER-CARTER ESTATES LIMITED

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

SPENCER-CARTER ESTATES LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2025

Contents

SPENCER-CARTER ESTATES LIMITED

BALANCE SHEET

As at 31 March 2025
SPENCER-CARTER ESTATES LIMITED

BALANCE SHEET (continued)

As at 31 March 2025
Note 2025 2024
£ £
Fixed assets
Investments 3 1,097,057 1,097,057
1,097,057 1,097,057
Net current assets 0 0
Total assets less current liabilities 1,097,057 1,097,057
Net assets 1,097,057 1,097,057
Capital and reserves
Called-up share capital 4 1,000 1,000
Share premium account 1,096,057 1,096,057
Total shareholders' funds 1,097,057 1,097,057

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 Spencer-Carter Estates Limited (registered number: 06521470) were approved and authorised for issue by the Board of Directors on 29 May 2025. They were signed on its behalf by:

Mr S R Carter
Director
SPENCER-CARTER ESTATES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
SPENCER-CARTER ESTATES 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

Spencer-Carter Estates 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 Unit 8, Tregoniggie Industrial Estate, Falmouth, Cornwall, TR11 4SN, 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 £.

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.

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.

2. Employees

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

3. Fixed asset investments

Investments in subsidiaries

2025
£
Cost
At 01 April 2024 1,097,057
At 31 March 2025 1,097,057
Carrying value at 31 March 2025 1,097,057
Carrying value at 31 March 2024 1,097,057

Investments in shares

Name of entity Registered office Principal activity Class of
shares
Ownership
31.03.2025
Ownership
31.03.2024
Spencer-Carter (Properties) Limited Tregoniggie Industrial Estate, Falmouth, Cornwall, TR11 4SN Letting of property Ordinary 100.00% 100.00%

4. Called-up share capital

2025 2024
£ £
Allotted, called-up and fully-paid
1,000 Ordinary shares of £ 1.00 each 1,000 1,000