Silverfin false false 31/07/2025 17/07/2024 31/07/2025 A P B Isherwood 17/07/2024 L Isherwood 11/03/2026 M Isherwood 12/03/2026 M R Isherwood 17/07/2024 17 April 2026 The company was incorporated on 17 July 2024 and began trading on the 1 August 2024. The principal activities of the company is that of consultancy and an investment company. 15843422 2025-07-31 15843422 bus:Director1 2025-07-31 15843422 bus:Director2 2025-07-31 15843422 bus:Director3 2025-07-31 15843422 bus:Director4 2025-07-31 15843422 core:CurrentFinancialInstruments 2025-07-31 15843422 core:ShareCapital 2025-07-31 15843422 core:RetainedEarningsAccumulatedLosses 2025-07-31 15843422 core:OtherPropertyPlantEquipment 2024-07-16 15843422 2024-07-16 15843422 core:OtherPropertyPlantEquipment 2025-07-31 15843422 core:UnlistedNon-exchangeTraded core:WithinOneYear 2025-07-31 15843422 bus:OrdinaryShareClass1 2025-07-31 15843422 bus:OrdinaryShareClass2 2025-07-31 15843422 bus:OrdinaryShareClass3 2025-07-31 15843422 bus:OrdinaryShareClass4 2025-07-31 15843422 2024-07-17 2025-07-31 15843422 bus:FilletedAccounts 2024-07-17 2025-07-31 15843422 bus:SmallEntities 2024-07-17 2025-07-31 15843422 bus:AuditExemptWithAccountantsReport 2024-07-17 2025-07-31 15843422 bus:PrivateLimitedCompanyLtd 2024-07-17 2025-07-31 15843422 bus:Director1 2024-07-17 2025-07-31 15843422 bus:Director2 2024-07-17 2025-07-31 15843422 bus:Director3 2024-07-17 2025-07-31 15843422 bus:Director4 2024-07-17 2025-07-31 15843422 core:OtherPropertyPlantEquipment core:TopRangeValue 2024-07-17 2025-07-31 15843422 core:OtherPropertyPlantEquipment 2024-07-17 2025-07-31 15843422 bus:OrdinaryShareClass1 2024-07-17 2025-07-31 15843422 bus:OrdinaryShareClass2 2024-07-17 2025-07-31 15843422 bus:OrdinaryShareClass3 2024-07-17 2025-07-31 15843422 bus:OrdinaryShareClass4 2024-07-17 2025-07-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 15843422 (England and Wales)

# AIFIC LIMITED

### Unaudited Financial Statements
For the financial period from 17 July 2024 to 31 July 2025
Pages for filing with the registrar

AIFIC LIMITED

## Unaudited Financial Statements

For the financial period from 17 July 2024 to 31 July 2025

Contents

AIFIC LIMITED

## COMPANY INFORMATION

For the financial period from 17 July 2024 to 31 July 2025
AIFIC LIMITED

## COMPANY INFORMATION (continued)

For the financial period from 17 July 2024 to 31 July 2025

DIRECTORS | A P B Isherwood (Appointed 17 July 2024)
| L Isherwood (Appointed 11 March 2026)
| M Isherwood (Appointed 12 March 2026)
| M R Isherwood (Appointed 17 July 2024)

REGISTERED OFFICE | 22 Wycombe End
| Beaconsfield
| HP9 1NB
| United Kingdom

COMPANY NUMBER | 15843422 (England and Wales)

ACCOUNTANT | S&W Partners (Thames Valley) Limited
| 22 Wycombe End
| Beaconsfield
| Buckinghamshire
| HP9 1NB

AIFIC LIMITED

## BALANCE SHEET

As at 31 July 2025
AIFIC LIMITED

## BALANCE SHEET (continued)

As at 31 July 2025

| Note | 31.07.2025
|  | £
Fixed assets |  |
Tangible assets | 3 | 6,830
|  | 6,830
Current assets |  |
Debtors | 4 | 29,863
Investments | 5 | 9,895,017
Cash at bank and in hand |  | 85,271
|  | 10,010,151
Creditors: amounts falling due within one year | 6 | ( 9,770,926)
Net current assets |  | 239,225
Total assets less current liabilities |  | 246,055
Provision for liabilities |  | ( 1,708)
Net assets |  | 244,347
Capital and reserves |  |
Called-up share capital | 7 | 100
Profit and loss account |  | 244,247
Total shareholders' funds |  | 244,347

For the financial period 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 members have not required the Company to obtain an audit of its financial statements for the financial period 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 AIFIC Limited (registered number: 15843422) were approved and authorised for issue by the Board of Directors on 17 April 2026. They were signed on its behalf by:

A P B Isherwood Director |

AIFIC LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 17 July 2024 to 31 July 2025
AIFIC LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 17 July 2024 to 31 July 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

##### General information and basis of accounting

AIFIC 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 22 Wycombe End, Beaconsfield, HP9 1NB, 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 ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The functional currency of AIFIC Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

##### Reporting period length

The entity's reporting period is greater than one year as these are the first financial statements prepared since the entity incorporated on the 17th July 2024.

##### 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. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

##### 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.

##### 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 enacted or substantively enacted 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. Deferred tax assets are recognised only to the extent that it is probable that future taxable profit will be available against which the temporary differences can be utilised.

##### 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:

Plant and machinery etc. | 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 Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

##### 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 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.

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 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.
Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities.

#### 2. Employees

| Period from 17.07.2024 to 31.07.2025
| Number
Monthly average number of persons employed by the Company during the period, including directors | 2

#### 3. Tangible assets

| Plant and machinery etc. |  | Total
| £ |  | £
Cost |  |  |
At 17 July 2024 | 0 |  | 0
Additions | 7,664 |  | 7,664
At 31 July 2025 | 7,664 |  | 7,664
Accumulated depreciation |  |  |
At 17 July 2024 | 0 |  | 0
Charge for the financial period | 834 |  | 834
At 31 July 2025 | 834 |  | 834
Net book value |  |  |
At 31 July 2025 | 6,830 |  | 6,830

#### 4. Debtors

| 31.07.2025
| £
Other debtors | 29,863

#### 5. Current asset investments

| 31.07.2025
| £
Other investments – at cost less impairment | 10,145,017

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

| 31.07.2025
| £
Taxation and social security | 89,201
Other creditors | 9,681,725
| 9,770,926

#### 7. Called-up share capital

| 31.07.2025
| £
Allotted, called-up and fully-paid |
70 Ordinary A shares of £ 1.00 each | 70
10 Ordinary B shares of £ 1.00 each | 10
10 Ordinary C shares of £ 1.00 each | 10
10 Ordinary D shares of £ 1.00 each | 10
| 100

#### 8. Related party transactions

At 31 July 2025 the company owed the directors £9,666,503 which is included in other creditors. These loans are repayable on demand. Interest of £23,523 was charged on this outstanding balance during the year.