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REGISTERED NUMBER: 10387105 (England and Wales)












Bugeja Investments Ltd

Unaudited Financial Statements

for the Year Ended 30 September 2018






Bugeja Investments Ltd (Registered number: 10387105)






Contents of the Financial Statements
for the Year Ended 30 September 2018




Page

Company information 1

Balance sheet 2

Notes to the financial statements 3


Bugeja Investments Ltd

Company Information
for the Year Ended 30 September 2018







Director: J M J Bugeja





Registered office: Mulberry House
18A Shipton Road
Ascott-under-Wychwood
Chipping Norton
Oxfordshire
OX7 6AF





Registered number: 10387105 (England and Wales)





Accountants: Warr & Co Limited
Chartered Accountants
Mynshull House
78 Churchgate
Stockport
Cheshire
SK1 1YJ

Bugeja Investments Ltd (Registered number: 10387105)

Balance Sheet
30 September 2018

30.9.18 30.9.17
Notes £    £    £    £   
Fixed assets
Investment property 3 366,217 366,217

Current assets
Cash at bank 5,849 3,122

Creditors
Amounts falling due within one year 4 363,207 371,610
Net current liabilities (357,358 ) (368,488 )
Total assets less current liabilities 8,859 (2,271 )

Capital and reserves
Called up share capital 5 100 100
Retained earnings 8,759 (2,371 )
Shareholders' funds 8,859 (2,271 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end
of each financial year and of its profit or loss for each financial year in accordance with the requirements of
Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to
financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income statement has not been delivered.

The financial statements were approved by the director on 5 November 2018 and were signed by:





J M J Bugeja - Director


Bugeja Investments Ltd (Registered number: 10387105)

Notes to the Financial Statements
for the Year Ended 30 September 2018

1. Statutory information

Bugeja Investments Ltd is a private company, limited by shares , registered in England and Wales. The
company's registered number and registered office address can be found on the Company Information page.

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding value added tax.

Investment property
Investment properties are initially measured at cost and subsequently measured at fair value. Changes in fair
value are recognised in profit or loss.

The Companies Act 2006 requires all properties to be depreciated. However, this requirement conflicts with
the generally accepted accounting principle set out in FRS 102. The directors consider that, because
investment properties are not held for consumption, but for their investment potential, to depreciate them
would not give a true and fair view.

If this departure from the Companies Act 2006 had not been made in order to give a true and fair view, the
profit for the financial year would have been reduced by depreciation. However the amount of depreciation
cannot reasonably be quantified, because depreciation is only one of many factors reflected in the annual
valuation and the amount relating to the depreciation of the property cannot be separately identified.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

3. Investment property
Total
£   
Fair value
At 1 October 2017
and 30 September 2018 366,217
Net book value
At 30 September 2018 366,217
At 30 September 2017 366,217

In the directors opinion, cost represents market value at the year end.

Bugeja Investments Ltd (Registered number: 10387105)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2018

4. Creditors: amounts falling due within one year
30.9.18 30.9.17
£    £   
Corporation tax 2,097 -
Other creditors 300 800
Directors' current accounts 360,000 370,000
Accrued expenses 810 810
363,207 371,610

5. Called up share capital


Allotted, issued and fully paid:
Number: Class: Nominal 30.9.18 30.9.17
value: £    £   
100 Ordinary £1 100 100

6. Related party disclosures

The director, J M J Bugeja, has made loans to the company which are unsecured, interest free and repayable on
demand. The amount outstanding at 30 September 2018 was £360,000.