Silverfin false false 30/11/2024 01/12/2023 30/11/2024 Mr D Barden 14/03/2013 Mr A C Postle 14/03/2013 Mrs L Postle 14/03/2013 21 August 2025 The principal activity of the Company during the financial year was that of a holding company and operating owned or leased real estate. 08445644 2024-11-30 08445644 bus:Director1 2024-11-30 08445644 bus:Director2 2024-11-30 08445644 bus:Director3 2024-11-30 08445644 2023-11-30 08445644 core:CurrentFinancialInstruments 2024-11-30 08445644 core:CurrentFinancialInstruments 2023-11-30 08445644 core:ShareCapital 2024-11-30 08445644 core:ShareCapital 2023-11-30 08445644 core:SharePremium 2024-11-30 08445644 core:SharePremium 2023-11-30 08445644 core:RevaluationReserve 2024-11-30 08445644 core:RevaluationReserve 2023-11-30 08445644 core:RetainedEarningsAccumulatedLosses 2024-11-30 08445644 core:RetainedEarningsAccumulatedLosses 2023-11-30 08445644 core:PlantMachinery 2023-11-30 08445644 core:Vehicles 2023-11-30 08445644 core:FurnitureFittings 2023-11-30 08445644 core:PlantMachinery 2024-11-30 08445644 core:Vehicles 2024-11-30 08445644 core:FurnitureFittings 2024-11-30 08445644 core:CostValuation 2023-11-30 08445644 core:CostValuation 2024-11-30 08445644 core:SubsidiariesWithMaterialNon-controllingInterests core:CurrentFinancialInstruments 2024-11-30 08445644 core:SubsidiariesWithMaterialNon-controllingInterests core:CurrentFinancialInstruments 2023-11-30 08445644 bus:OrdinaryShareClass1 2024-11-30 08445644 bus:OrdinaryShareClass2 2024-11-30 08445644 bus:OrdinaryShareClass3 2024-11-30 08445644 bus:OrdinaryShareClass4 2024-11-30 08445644 2023-12-01 2024-11-30 08445644 bus:FilletedAccounts 2023-12-01 2024-11-30 08445644 bus:SmallEntities 2023-12-01 2024-11-30 08445644 bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 08445644 bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 08445644 bus:Director1 2023-12-01 2024-11-30 08445644 bus:Director2 2023-12-01 2024-11-30 08445644 bus:Director3 2023-12-01 2024-11-30 08445644 core:PlantMachinery 2023-12-01 2024-11-30 08445644 core:Vehicles 2023-12-01 2024-11-30 08445644 core:FurnitureFittings 2023-12-01 2024-11-30 08445644 2022-12-01 2023-11-30 08445644 bus:OrdinaryShareClass1 2023-12-01 2024-11-30 08445644 bus:OrdinaryShareClass1 2022-12-01 2023-11-30 08445644 bus:OrdinaryShareClass2 2023-12-01 2024-11-30 08445644 bus:OrdinaryShareClass2 2022-12-01 2023-11-30 08445644 bus:OrdinaryShareClass3 2023-12-01 2024-11-30 08445644 bus:OrdinaryShareClass3 2022-12-01 2023-11-30 08445644 bus:OrdinaryShareClass4 2023-12-01 2024-11-30 08445644 bus:OrdinaryShareClass4 2022-12-01 2023-11-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 08445644 (England and Wales)

ALLSPARS (HOLDINGS) LIMITED

Unaudited Financial Statements
For the financial year ended 30 November 2024
Pages for filing with the registrar

ALLSPARS (HOLDINGS) LIMITED

Unaudited Financial Statements

For the financial year ended 30 November 2024

Contents

ALLSPARS (HOLDINGS) LIMITED

BALANCE SHEET

As at 30 November 2024
ALLSPARS (HOLDINGS) LIMITED

BALANCE SHEET (continued)

As at 30 November 2024
Note 2024 2023
£ £
Restated - note 2
Fixed assets
Tangible assets 4 178,953 123,094
Investment property 5 192,800 192,800
Investments 6 979,789 979,789
1,351,542 1,295,683
Current assets
Debtors 7 293,973 141,343
Cash at bank and in hand 928,285 805,415
1,222,258 946,758
Creditors: amounts falling due within one year 8 ( 42,906) ( 294,537)
Net current assets 1,179,352 652,221
Total assets less current liabilities 2,530,894 1,947,904
Provision for liabilities ( 44,810) ( 30,623)
Net assets 2,486,084 1,917,281
Capital and reserves
Called-up share capital 9 200 200
Share premium account 979,523 979,523
Revaluation reserve 33,832 33,832
Profit and loss account 1,472,529 903,726
Total shareholders' funds 2,486,084 1,917,281

For the financial year ending 30 November 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Allspars (Holdings) Limited (registered number: 08445644) were approved and authorised for issue by the Board of Directors on 21 August 2025. They were signed on its behalf by:

Mrs L Postle
Director
ALLSPARS (HOLDINGS) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 November 2024
ALLSPARS (HOLDINGS) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 November 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

Allspars (Holdings) 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 C/O Francis Clark Llp Melville Building East, Royal William Yard, Plymouth, PL1 3RP, United Kingdom. The principal place of business is Allspars (Holdings) Limited, Tamar Building, Queen Anne's Battery Marina, Plymouth, Devon, PL4 0RA.

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 £.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption in section 399 of the Companies Act 2006 not to prepare consolidated accounts, because the group it heads qualifies as small. The financial statements present information about the Company as an individual entity only.

Prior year adjustment

An error in the classification of dividend payments in the 2023 accounts and as a result the comparative figures have been re-stated. See note 2 for the impact on 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.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.
Revenue from services is recognised as they are delivered.

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.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

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 reducing balance basis over its expected useful life, as follows:

Plant and machinery 20 % reducing balance
Vehicles 10 - 25 % reducing balance
Fixtures and fittings 20 % 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.

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.

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.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

2. Prior year adjustment

An error relating to the treatment of dividend payments in the 2023 accounts has been identified. As a result, an adjustment has been made to reduce income from shares in a group undertaking by £45,000, along with a reduction in dividends declared and paid of the same amount.

3. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 0 0

4. Tangible assets

Plant and machinery Vehicles Fixtures and fittings Total
£ £ £ £
Cost
At 01 December 2023 81,798 174,589 45,568 301,955
Additions 0 45,754 45,619 91,373
Disposals 0 ( 12,529) 0 ( 12,529)
At 30 November 2024 81,798 207,814 91,187 380,799
Accumulated depreciation
At 01 December 2023 59,561 84,674 34,626 178,861
Charge for the financial year 4,448 26,757 2,217 33,422
Disposals 0 ( 10,437) 0 ( 10,437)
At 30 November 2024 64,009 100,994 36,843 201,846
Net book value
At 30 November 2024 17,789 106,820 54,344 178,953
At 30 November 2023 22,237 89,915 10,942 123,094

5. Investment property

Investment property
£
Valuation
As at 01 December 2023 192,800
As at 30 November 2024 192,800

6. Fixed asset investments

Investments in subsidiaries

2024
£
Cost
At 01 December 2023 979,789
At 30 November 2024 979,789
Carrying value at 30 November 2024 979,789
Carrying value at 30 November 2023 979,789

7. Debtors

2024 2023
£ £
Trade debtors 0 6,000
Amounts owed by own subsidiaries 293,973 135,343
293,973 141,343

8. Creditors: amounts falling due within one year

2024 2023
£ £
Amounts owed to own subsidiaries 32,142 284,994
Taxation and social security 10,764 9,543
42,906 294,537

9. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
13,600 Ordinary A shares of £ 0.01 each 136 136
2,000 Ordinary B shares of £ 0.01 each 20 20
2,200 Ordinary C shares of £ 0.01 each 22 22
2,200 Ordinary D shares of £ 0.01 each 22 22
200 200