Silverfin false false 30/04/2025 01/05/2024 30/04/2025 P J Fitch 30/03/2017 N T Pettersen 29/01/2013 17 January 2026 The company's principal activity is that of a holding company. 04110122 2025-04-30 04110122 bus:Director1 2025-04-30 04110122 bus:Director2 2025-04-30 04110122 2024-04-30 04110122 core:CurrentFinancialInstruments 2025-04-30 04110122 core:CurrentFinancialInstruments 2024-04-30 04110122 core:ShareCapital 2025-04-30 04110122 core:ShareCapital 2024-04-30 04110122 core:RetainedEarningsAccumulatedLosses 2025-04-30 04110122 core:RetainedEarningsAccumulatedLosses 2024-04-30 04110122 core:SubsidiariesWithMaterialNon-controllingInterests core:CurrentFinancialInstruments 2025-04-30 04110122 core:SubsidiariesWithMaterialNon-controllingInterests core:CurrentFinancialInstruments 2024-04-30 04110122 2024-05-01 2025-04-30 04110122 bus:FilletedAccounts 2024-05-01 2025-04-30 04110122 bus:SmallEntities 2024-05-01 2025-04-30 04110122 bus:AuditExemptWithAccountantsReport 2024-05-01 2025-04-30 04110122 bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 04110122 bus:Director1 2024-05-01 2025-04-30 04110122 bus:Director2 2024-05-01 2025-04-30 04110122 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Company No: 04110122 (England and Wales)

# TOR PETTERSEN LIMITED

### Unaudited Financial Statements
For the financial year ended 30 April 2025
Pages for filing with the registrar

TOR PETTERSEN LIMITED

## Unaudited Financial Statements

For the financial year ended 30 April 2025

Contents

TOR PETTERSEN LIMITED

## COMPANY INFORMATION

For the financial year ended 30 April 2025
TOR PETTERSEN LIMITED

## COMPANY INFORMATION (continued)

For the financial year ended 30 April 2025

Directors | P J Fitch
| N T Pettersen

Secretary | N T Pettersen

Registered office | 2nd Floor
| Maritime Place Quayside
| Chatham Maritime
| Chatham
| ME4 4QZ
| United Kingdom

Company number | 04110122 (England and Wales)

Accountant | Kreston Reeves LLP
| 2nd Floor, Maritime Place
| Quayside
| Chatham Maritime
| Chatham
| Kent
| ME4 4QZ

## ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF
THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF TOR PETTERSEN LIMITED

For the financial year ended 30 April 2025

## ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF
THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF TOR PETTERSEN LIMITED (continued)

For the financial year ended 30 April 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Tor Pettersen Limited for the financial year ended 30 April 2025 which comprise the Balance Sheet and the related notes 1 to 6 from the Company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/regulation.
It is your duty to ensure that Tor Pettersen Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Tor Pettersen Limited. You consider that Tor Pettersen Limited is exempt from the statutory audit requirement for the financial year.
We have not been instructed to carry out an audit or a review of the financial statements of Tor Pettersen Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

This report is made solely to the Board of Directors of Tor Pettersen Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Tor Pettersen Limited and state those matters that we have agreed to state to the Board of Directors of Tor Pettersen Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Tor Pettersen Limited and its Board of Directors as a body for our work or for this report.

Kreston Reeves LLP

2nd Floor, Maritime Place
Quayside
Chatham Maritime
Chatham
Kent
ME4 4QZ

17 January 2026

TOR PETTERSEN LIMITED

## BALANCE SHEET

As at 30 April 2025
TOR PETTERSEN LIMITED

## BALANCE SHEET (continued)

As at 30 April 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Investments | 3 | 804,000 |  | 804,000
|  | 804,000 |  | 804,000
Creditors: amounts falling due within one year | 4 | ( 150) |  | ( 150)
Net current liabilities |  | (150) |  | (150)
Total assets less current liabilities |  | 803,850 |  | 803,850
Net assets |  | 803,850 |  | 803,850
Capital and reserves |  |  |  |
Called-up share capital |  | 8,800 |  | 8,800
Profit and loss account |  | 795,050 |  | 795,050
Total shareholder's funds |  | 803,850 |  | 803,850

For the financial year ending 30 April 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- 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; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Tor Pettersen Limited (registered number: 04110122) were approved and authorised for issue by the Board of Directors on 17 January 2026. They were signed on its behalf by:

N T Pettersen Director |

TOR PETTERSEN LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 2025
TOR PETTERSEN LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 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

Tor Pettersen 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 2nd Floor, Maritime Place Quayside, Chatham Maritime, Chatham, ME4 4QZ, 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 £.

##### Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

##### 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.

##### Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

##### 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.

##### Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

#### 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

| 2025 |  | 2024
| £ |  | £
Subsidiary undertakings | 100,000 |  | 100,000
Other investments and loans | 704,000 |  | 704,000
| 804,000 |  | 804,000

The company owns the entire issued share capital of Fryern House Investment Limited. This company is incorporated in England and its principal activity is that of property investment.

#### 4. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Amounts owed to own subsidiaries | 150 |  | 150

#### 5. Related party transactions

The company has a balance of £704,000 receivable from its subsidiary, Fryern House Investment Limited, at the year-end.

#### 6. Ultimate controlling party

The company is under the control of N T Pettersen.