Silverfin false false 31/05/2025 01/06/2024 31/05/2025 J Antliff M Antliff C Barnett 23 December 2025 The principal activity of the company is that of a holding company. SC763584 2025-05-31 SC763584 2024-05-31 SC763584 core:CurrentFinancialInstruments 2025-05-31 SC763584 core:CurrentFinancialInstruments 2024-05-31 SC763584 core:ShareCapital 2025-05-31 SC763584 core:ShareCapital 2024-05-31 SC763584 core:CostValuation 2024-05-31 SC763584 core:CostValuation 2025-05-31 SC763584 bus:OrdinaryShareClass1 2025-05-31 SC763584 bus:OrdinaryShareClass2 2025-05-31 SC763584 2024-06-01 2025-05-31 SC763584 bus:FilletedAccounts 2024-06-01 2025-05-31 SC763584 bus:SmallEntities 2024-06-01 2025-05-31 SC763584 bus:AuditExemptWithAccountantsReport 2024-06-01 2025-05-31 SC763584 bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 SC763584 bus:Director1 2024-06-01 2025-05-31 SC763584 bus:Director2 2024-06-01 2025-05-31 SC763584 bus:Director3 2024-06-01 2025-05-31 SC763584 2023-03-24 2024-05-31 SC763584 bus:OrdinaryShareClass1 2024-06-01 2025-05-31 SC763584 bus:OrdinaryShareClass1 2023-03-24 2024-05-31 SC763584 bus:OrdinaryShareClass2 2024-06-01 2025-05-31 SC763584 bus:OrdinaryShareClass2 2023-03-24 2024-05-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: SC763584 (Scotland)

# SKYE 25 LIMITED

### UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 MAY 2025
PAGES FOR FILING WITH THE REGISTRAR

SKYE 25 LIMITED

## UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 MAY 2025

Contents

SKYE 25 LIMITED

## BALANCE SHEET

AS AT 31 MAY 2025
SKYE 25 LIMITED

## BALANCE SHEET (continued)

AS AT 31 MAY 2025

| Note | 31.05.2025 |  | 31.05.2024
|  | £ |  | £
Fixed assets |  |  |  |
Investments | 3 | 99 |  | 99
|  | 99 |  | 99
Current assets |  |  |  |
Debtors | 4 | 1 |  | 1
|  | 1 |  | 1
Net current assets |  | 1 |  | 1
Total assets less current liabilities |  | 100 |  | 100
Net assets |  | 100 |  | 100
Capital and reserves |  |  |  |
Called-up share capital | 5 | 100 |  | 100
Total shareholders' funds |  | 100 |  | 100

For the financial year ending 31 May 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have 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 Skye 25 Limited (registered number: SC763584) were approved and authorised for issue by the Board of Directors on 23 December 2025. They were signed on its behalf by:

M Antliff Director |

SKYE 25 LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 MAY 2025
SKYE 25 LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 MAY 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 period, unless otherwise stated.

##### General information and basis of accounting

Skye 25 Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is 19 Law Place, East Kilbride, Glasgow, G74 4QL, Scotland, 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.

##### Reporting period length

The reporting period length is 12 months to 31 May 2025. The prior reporting period covered 14 months from incorporation on 24 March 2023 to the first financial year end of 31 May 2024.

##### Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account.

##### 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, which include debtors, 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.

Basic financial liabilities
Basic financial liabilities 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 payments 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.

Investments
Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares are publicly traded or their fair value is reliably measurable) are measured at fair value through the Profit and Loss Account. Where fair value cannot be measured reliably, investments are measured at cost less impairment.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

#### 2. Employees

| Year ended 31.05.2025 |  | Period from 24.03.2023 to 31.05.2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 3 |  | 3

#### 3. Fixed asset investments

Investments in subsidiaries

| 31.05.2025
| £
Cost |
At 01 June 2024 | 99
At 31 May 2025 | 99
Carrying value at 31 May 2025 | 99
Carrying value at 31 May 2024 | 99

#### 4. Debtors

| 31.05.2025 |  | 31.05.2024
| £ |  | £
Other debtors | 1 |  | 1

Amounts included above are due from related parties. These amounts are unsecured, interest free, and repayable on demand.

#### 5. Called-up share capital

| 31.05.2025 |  | 31.05.2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
393 A Ordinary shares of £ 0.01 each | 4 |  | 4
9,607 Ordinary shares of £ 0.01 each | 96 |  | 96
| 100 |  | 100