Contents of the Financial Statements

for the Period Ended 31 March 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

Directors' report period ended 31 March 2023

The directors present their report with the financial statements of the company for the period ended 31 March 2023

Directors

The director shown below has held office during the period of
1 April 2022 to 6 January 2023

Oliver Yeoman

The director shown below has held office during the period of
23 March 2023 to 31 March 2023

Marcus Yeoman

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
31 December 2023

And signed on behalf of the board by:
Name: Marcus Yeoman
Status: Director

Profit And Loss Account

for the Period Ended 31 March 2023

	2023	2022
	£	£
Administrative expenses:		( 6,000 )
Other operating income:		6,000
Operating profit(or loss):		0
Interest receivable and similar income:	523,000	171,000
Interest payable and similar charges:	( 523,000 )	( 171,000 )
Profit(or loss) before tax:	0	0
Profit(or loss) for the financial year:	0	0

Balance sheet

As at 31 March 2023

	Notes	2023	2022
		£	£
Called up share capital not paid:		1	1
Fixed assets
Investments:	3	4,069,000	3,968,000
Total fixed assets:		4,069,000	3,968,000
Net current assets (liabilities):
Total assets less current liabilities:		4,069,001	3,968,001
Creditors: amounts falling due after more than one year:	4	( 4,069,000 )	( 3,968,000 )
Total net assets (liabilities):		1	1
Capital and reserves
Called up share capital:		1	1
Profit and loss account:		0	0
Total Shareholders' funds:		1	1

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 March 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 March 2023

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Tangible fixed assets depreciation policy

  Assets that are subject to depreciation or amortisation are assessed at each balance sheet date to determine whether there is any indication that the assets are impaired. Where there is any indication that an asset may be impaired, the carrying value of the asset (or cash generating unit to which the asset has been allocated) is tested for impairment. An impairment loss is recognised for the amount by which the asset's carrying amount exceeds its recoverable amount. The recoverable amount is the higher of an asset's (or CGU's) fair value less costs to sell and value in use. For the purposes of assessing impairment, assets are grouped at the lowest levels for which there are separately identifiable cash flows (CGUs). Non financial assets that have been previously impaired are reviewed at each balance sheet date to assess whether there is any indication that the impairment losses recognised in prior periods may no longer exist or may have decreased.

  Valuation information and policy

  Investments in subsidiaries are measured at cost less accumulated impairment.

Notes to the Financial Statements

for the Period Ended 31 March 2023

• 2. Employees

  	2023	2022
  Average number of employees during the period	0	0