Silverfin false false 31/07/2025 01/08/2024 31/07/2025 J B M Silver 20/03/2017 L R Silver 01/09/2020 L B Silver 28/06/2017 M G Silver 01/09/2020 05 February 2026 The principal activity of the Company during the financial year was that of property and general investment. 10679210 2025-07-31 10679210 bus:Director1 2025-07-31 10679210 bus:Director2 2025-07-31 10679210 bus:Director3 2025-07-31 10679210 bus:Director4 2025-07-31 10679210 2024-07-31 10679210 core:CurrentFinancialInstruments 2025-07-31 10679210 core:CurrentFinancialInstruments 2024-07-31 10679210 core:Non-currentFinancialInstruments 2025-07-31 10679210 core:Non-currentFinancialInstruments 2024-07-31 10679210 core:ShareCapital 2025-07-31 10679210 core:ShareCapital 2024-07-31 10679210 core:RevaluationReserve 2025-07-31 10679210 core:RevaluationReserve 2024-07-31 10679210 core:RetainedEarningsAccumulatedLosses 2025-07-31 10679210 core:RetainedEarningsAccumulatedLosses 2024-07-31 10679210 core:FurnitureFittings 2024-07-31 10679210 core:ComputerEquipment 2024-07-31 10679210 core:FurnitureFittings 2025-07-31 10679210 core:ComputerEquipment 2025-07-31 10679210 core:CostValuation 2024-07-31 10679210 core:AdditionsToInvestments 2025-07-31 10679210 core:DisposalsRepaymentsInvestments 2025-07-31 10679210 core:RevaluationsIncreaseDecreaseInInvestments 2025-07-31 10679210 core:CostValuation 2025-07-31 10679210 2023-07-31 10679210 core:RevaluationInvestmentPropertyDeferredTax 2025-07-31 10679210 core:RevaluationInvestmentPropertyDeferredTax 2024-07-31 10679210 core:FurtherSpecificItem1DeferredTaxComponentTotalForDeferredTax 2025-07-31 10679210 core:FurtherSpecificItem1DeferredTaxComponentTotalForDeferredTax 2024-07-31 10679210 bus:OrdinaryShareClass1 2025-07-31 10679210 2024-08-01 2025-07-31 10679210 bus:FilletedAccounts 2024-08-01 2025-07-31 10679210 bus:SmallEntities 2024-08-01 2025-07-31 10679210 bus:AuditExemptWithAccountantsReport 2024-08-01 2025-07-31 10679210 bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 10679210 bus:Director1 2024-08-01 2025-07-31 10679210 bus:Director2 2024-08-01 2025-07-31 10679210 bus:Director3 2024-08-01 2025-07-31 10679210 bus:Director4 2024-08-01 2025-07-31 10679210 core:FurnitureFittings core:TopRangeValue 2024-08-01 2025-07-31 10679210 core:ComputerEquipment core:TopRangeValue 2024-08-01 2025-07-31 10679210 2023-08-01 2024-07-31 10679210 core:FurnitureFittings 2024-08-01 2025-07-31 10679210 core:ComputerEquipment 2024-08-01 2025-07-31 10679210 bus:OrdinaryShareClass1 2024-08-01 2025-07-31 10679210 bus:OrdinaryShareClass1 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 10679210 (England and Wales)

# BANQUETS INVESTMENTS LIMITED

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

BANQUETS INVESTMENTS LIMITED

## Unaudited Financial Statements

For the financial year ended 31 July 2025

Contents

BANQUETS INVESTMENTS LIMITED

## STATEMENT OF FINANCIAL POSITION

As at 31 July 2025
BANQUETS INVESTMENTS LIMITED

## STATEMENT OF FINANCIAL POSITION (continued)

As at 31 July 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 5,285 |  | 4,906
Investment property | 4 | 3,350,000 |  | 5,150,000
Investments | 5 | 3,993,805 |  | 3,759,350
|  | 7,349,090 |  | 8,914,256
Current assets |  |  |  |
Debtors |  |  |  |
- due within one year | 6 | 89,722 |  | 33,065
- due after more than one year | 6 | 361,886 |  | 462,266
Cash at bank and in hand |  | 4,812,112 |  | 1,962,543
|  | 5,263,720 |  | 2,457,874
Creditors: amounts falling due within one year | 7 | ( 652,896) |  | ( 408,591)
Net current assets |  | 4,610,824 |  | 2,049,283
Total assets less current liabilities |  | 11,959,914 |  | 10,963,539
Creditors: amounts falling due after more than one year | 8 | ( 126,401) |  | ( 122,903)
Provision for liabilities | 9 | ( 455,202) |  | ( 462,185)
Net assets |  | 11,378,311 |  | 10,378,451
Capital and reserves |  |  |  |
Called-up share capital | 10 | 1 |  | 1
Revaluation reserve |  | 1,384,203 |  | 1,387,399
Profit and loss account |  | 9,994,107 |  | 8,991,051
Total shareholder's funds |  | 11,378,311 |  | 10,378,451

For the financial year ending 31 July 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 Statement of Comprehensive Income has not been delivered.

The financial statements of Banquets Investments Limited (registered number: 10679210) were approved and authorised for issue by the Board of Directors. They were signed on its behalf by:

J B M Silver Director |

05 February 2026

BANQUETS INVESTMENTS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 July 2025
BANQUETS INVESTMENTS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 July 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

Banquets Investments 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 35 Ballards Lane, London, N3 1XW, 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 £.

##### 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 Statement of Financial Position date are reported at the rates of exchange prevailing at that date.
Exchange differences are recognised in the Statement of Comprehensive Income in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

##### Turnover

Turnover comprises rental income and other recoveries from tenants of the company's investment properties net of value added tax. Rental income is recognised on an accruals basis in the period in which it is earned, in accordance with the terms of the lease.

##### Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

##### Dividend income

Dividend income from investments is recognised when the shareholders' rights to receive payment have been established (provided that it is probable that the economic benefits will flow to the company and the amount of revenue can be measured reliably).

##### 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 Statement of Financial Position 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 current tax rates and laws. Deferred tax assets and liabilities are not discounted.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

##### Investment income

Investment income is recognised when receivable and the amount can be measured reliably. This is normally when the investment managers are notified of the dividends declared and notification has been received of the dividend due.

##### 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 straight-line or reducing balance basis over its expected useful life, as follows:

Fixtures and fittings | 3 years straight line
Computer equipment | 4 years straight line

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.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Comprehensive Income 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.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

##### Financial instruments

The Company only enters into basic financial instruments and transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to and from related parties and investments in non-puttable ordinary shares.

Financial assets
Basic financial assets, including trade and other debtors, and amounts due from related companies, are initially recognised at transaction price, 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.
Such assets are subsequently carried at amortised cost using the effective interest method.
At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in the Statement of Comprehensive Income.

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

Financial liabilities
Basic financial liabilities, including trade and other creditors and accruals, 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 receipts discounted at a market rate of interest.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

Financial assets and liabilities are offset and 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.

Fair value measurement
The best evidence of fair value is a quoted price for an identical asset in an active market. When quoted prices are unavailable, the price of a recent transaction for an identical asset provides evidence of fair value as long as there has not been a significant change in economic circumstances or a significant lapse of time since the transaction took place. If the market is not active and recent transactions of an identical asset on their own are not a good estimate of fair value, the fair value is estimated by using a valuation technique.

##### Ordinary share capital

The ordinary share capital of the company is presented as equity.

##### Investments

Investments in subsidiaries are measured at cost less accumulated impairment.
Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the company during the year, including directors | 4 |  | 4

#### 3. Tangible assets

| Fixtures and fittings |  | Computer equipment |  | Total
| £ |  | £ |  | £
Cost |  |  |  |  |
At 01 August 2024 | 1,049 |  | 6,581 |  | 7,630
Additions | 0 |  | 2,998 |  | 2,998
At 31 July 2025 | 1,049 |  | 9,579 |  | 10,628
Accumulated depreciation |  |  |  |  |
At 01 August 2024 | 463 |  | 2,261 |  | 2,724
Charge for the financial year | 350 |  | 2,269 |  | 2,619
At 31 July 2025 | 813 |  | 4,530 |  | 5,343
Net book value |  |  |  |  |
At 31 July 2025 | 236 |  | 5,049 |  | 5,285
At 31 July 2024 | 586 |  | 4,320 |  | 4,906

#### 4. Investment property

| Investment property
| £
Valuation |
As at 01 August 2024 | 5,150,000
Fair value movement | (128,283)
Disposals | (1,671,717)
As at 31 July 2025 | 3,350,000

Valuation

The 2025 valuations were made by the directors, on an open market value for existing use basis.

Historic cost

If the investment properties had been accounted for under the cost accounting rules, the properties would have been measured as follows:

| 2025 |  | 2024
| £ |  | £
Historic cost | 3,559,838 |  | 5,231,555

#### 5. Fixed asset investments

| Listed investments |  | Other investments |  | Total
| £ |  | £ |  | £
Cost or valuation before impairment |  |  |  |  |
At 01 August 2024 | 3,759,345 |  | 5 |  | 3,759,350
Additions | 2,047,635 |  | 0 |  | 2,047,635
Disposals | ( 1,717,534) |  | 0 |  | ( 1,717,534)
Movement in fair value | ( 95,646) |  | 0 |  | ( 95,646)
At 31 July 2025 | 3,993,800 |  | 5 |  | 3,993,805
Carrying value at 31 July 2025 | 3,993,800 |  | 5 |  | 3,993,805
Carrying value at 31 July 2024 | 3,759,345 |  | 5 |  | 3,759,350

#### 6. Debtors

| 2025 |  | 2024
| £ |  | £
Debtors: amounts falling due within one year |  |  |
Prepayments and accrued income | 89,721 |  | 33,064
Other debtors | 1 |  | 1
| 89,722 |  | 33,065
Debtors: amounts falling due after more than one year |  |  |
Accrued income | 223,480 |  | 182,270
Other debtors | 138,406 |  | 279,996
| 361,886 |  | 462,266

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

| 2025 |  | 2024
| £ |  | £
Accruals and deferred income | 364,158 |  | 283,099
Taxation and social security | 285,936 |  | 125,492
Other creditors | 2,802 |  | 0
| 652,896 |  | 408,591

#### 8. Creditors: amounts falling due after more than one year

| 2025 |  | 2024
| £ |  | £
Other creditors | 126,401 |  | 122,903

#### 9. Deferred tax

| 2025 |  | 2024
| £ |  | £
At the beginning of financial year | ( 462,185) |  | ( 298,461)
Credited/(charged) to the Profit and Loss Account | 6,983 |  | ( 163,724)
At the end of financial year | ( 455,202) |  | ( 462,185)

The deferred taxation balance is made up as follows:

| 2025 |  | 2024
| £ |  | £
Revaluation of investment property | ( 137,500) |  | ( 125,000)
Revaluation of fixed asset investments | ( 317,702) |  | ( 337,185)
| ( 455,202) |  | ( 462,185)

#### 10. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
1 Ordinary share of £ 1.00 | 1 |  | 1

#### 11. Related party transactions

Where possible, the company has taken advantage of the exemption conferred by FRS 102 section 33.1A from the requirement to disclose transactions with other wholly-owned group undertakings.
Included within in other debtors is a balance of £138,406 (2024: £279,997) owed by companies in which the directors have an interest either as directors or participators. The balance is unsecured and interest bearing with no fixed repayment terms.
Included within in other creditors is a balance of £2,802 (2024: £Nil) owed to company directors. The balance is unsecured and interest-free with no fixed repayment terms.