Company registration number 13487992 (England and Wales)
SILENT OCTOPUS HOLDINGS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2024
PAGES FOR FILING WITH REGISTRAR
3 Acorn Business Centre
Northarbour Road
Cosham
Portsmouth
Hampshire
PO6 3TH
SILENT OCTOPUS HOLDINGS LIMITED
CONTENTS
Page
Company information
1
Balance sheet
2 - 3
Notes to the financial statements
4 - 6
SILENT OCTOPUS HOLDINGS LIMITED
COMPANY INFORMATION
- 1 -
Directors
Mr. S Collins
Mrs. L Collins
Company number
13487992
Registered office
3 Acorn Business Centre
Northarbour Road
Cosham
Portsmouth
Hampshire
PO6 3TH
Accountants
TC Group
3 Acorn Business Centre
Northarbour Road
Cosham
Portsmouth
Hampshire
PO6 3TH
SILENT OCTOPUS HOLDINGS LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2024
31 December 2024
- 2 -
2024
2023
Notes
£
£
£
£
Current assets
Debtors
4
105,000
104,000
Cash at bank and in hand
-
0
3
105,000
104,003
Creditors: amounts falling due within one year
5
-
0
(103,901)
Net current assets
105,000
102
Capital and reserves
Called up share capital
6
100
100
Profit and loss reserves
104,900
2
Total equity
105,000
102
SILENT OCTOPUS HOLDINGS LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2024
31 December 2024
- 3 -

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 16 September 2025 and are signed on its behalf by:
Mr. S Collins
Director
Company Registration No. 13487992
The notes on pages 4 to 6 form part of these financial statements
SILENT OCTOPUS HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
- 4 -
1
Accounting policies
Company information

Silent Octopus Holdings Limited is a private company limited by shares incorporated in England and Wales. The registered office is 3 Acorn Business Centre, Northarbour Road, Cosham, Portsmouth, Hampshire, PO6 3TH.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Cash and cash equivalents

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

1.3
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and 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.

Classification of financial liabilities

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.

SILENT OCTOPUS HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
1
Accounting policies
(Continued)
- 5 -
Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, 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 paymen ts 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.

1.4
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.5
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

In the opinion of the directors there are no significant judgements or areas of estimation uncertainty.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
2
2
SILENT OCTOPUS HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 6 -
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Other debtors
105,000
104,000
5
Creditors: amounts falling due within one year
2024
2023
£
£
Other creditors
-
0
103,901
6
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary A Shares of £1 each
50
50
50
50
Ordinary B Shares of £1 each
50
50
50
50
100
100
100
100
2024-12-31 2024-01-01 false false false CCH Software CCH Accounts Production 2025.200 No description of principal activity Mr. S Collins Mrs. L Collins 13487992 2024-01-01 2024-12-31 13487992 bus:Director1 2024-01-01 2024-12-31 13487992 bus:Director2 2024-01-01 2024-12-31 13487992 bus:RegisteredOffice 2024-01-01 2024-12-31 13487992 2024-12-31 13487992 2023-12-31 13487992 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 13487992 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 13487992 core:ShareCapital 2024-12-31 13487992 core:ShareCapital 2023-12-31 13487992 core:RetainedEarningsAccumulatedLosses 2024-12-31 13487992 core:RetainedEarningsAccumulatedLosses 2023-12-31 13487992 core:ShareCapitalOrdinaryShareClass1 2024-12-31 13487992 core:ShareCapitalOrdinaryShareClass1 2023-12-31 13487992 core:ShareCapitalOrdinaryShareClass2 2024-12-31 13487992 core:ShareCapitalOrdinaryShareClass2 2023-12-31 13487992 core:ShareCapitalOrdinaryShares 2024-12-31 13487992 core:ShareCapitalOrdinaryShares 2023-12-31 13487992 2023-01-01 2023-12-31 13487992 core:WithinOneYear 2024-12-31 13487992 core:WithinOneYear 2023-12-31 13487992 core:CurrentFinancialInstruments 2024-12-31 13487992 core:CurrentFinancialInstruments 2023-12-31 13487992 bus:OrdinaryShareClass1 2024-01-01 2024-12-31 13487992 bus:OrdinaryShareClass2 2024-01-01 2024-12-31 13487992 bus:OrdinaryShareClass1 2024-12-31 13487992 bus:OrdinaryShareClass1 2023-12-31 13487992 bus:OrdinaryShareClass2 2024-12-31 13487992 bus:OrdinaryShareClass2 2023-12-31 13487992 bus:AllOrdinaryShares 2024-12-31 13487992 bus:AllOrdinaryShares 2023-12-31 13487992 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13487992 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 13487992 bus:FRS102 2024-01-01 2024-12-31 13487992 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 13487992 bus:FullAccounts 2024-01-01 2024-12-31 xbrli:pure xbrli:shares iso4217:GBP