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REGISTERED NUMBER: 04933936 (England and Wales)











Financial Statements

for the Year Ended 31 January 2023

for

INVESTLAND (COMMERCIAL) LIMITED

INVESTLAND (COMMERCIAL) LIMITED (REGISTERED NUMBER: 04933936)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


INVESTLAND (COMMERCIAL) LIMITED

Company Information
for the Year Ended 31 January 2023







DIRECTORS: Mr J P Gerrard
Mr M Gerrard
Mr E Bensimhon





REGISTERED OFFICE: 42 Lytton Road
Barnet
Hertfordshire
EN5 5BY





REGISTERED NUMBER: 04933936 (England and Wales)





ACCOUNTANTS: Jeff Lermer & Associates
Chartered Accountants
42 Lytton Road
Barnet
Hertfordshire
EN5 5BY

INVESTLAND (COMMERCIAL) LIMITED (REGISTERED NUMBER: 04933936)

Balance Sheet
31 January 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investment property 5 400,000 400,000
400,000 400,000

CURRENT ASSETS
Debtors 6 1,372 2,409
Cash at bank 15,716 16,953
17,088 19,362
CREDITORS
Amounts falling due within one year 7 205,142 207,416
NET CURRENT LIABILITIES (188,054 ) (188,054 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

211,946

211,946

PROVISIONS FOR LIABILITIES 2,535,870 535,870
NET LIABILITIES (2,323,924 ) (323,924 )

CAPITAL AND RESERVES
Called up share capital 8 200 200
Non distributable reserve 175,876 175,876
Retained earnings (2,500,000 ) (500,000 )
SHAREHOLDERS' FUNDS (2,323,924 ) (323,924 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

INVESTLAND (COMMERCIAL) LIMITED (REGISTERED NUMBER: 04933936)

Balance Sheet - continued
31 January 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the Board of Directors and authorised for issue on 24 October 2023 and were signed on its behalf by:





Mr J P Gerrard - Director


INVESTLAND (COMMERCIAL) LIMITED (REGISTERED NUMBER: 04933936)

Notes to the Financial Statements
for the Year Ended 31 January 2023

1. STATUTORY INFORMATION

Investland (Commercial) Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

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

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 50% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 2 ).

INVESTLAND (COMMERCIAL) LIMITED (REGISTERED NUMBER: 04933936)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

4. TANGIBLE FIXED ASSETS
Plant and
machiner
etc
£   
COST
At 1 February 2022
and 31 January 2023 438
DEPRECIATION
At 1 February 2022
and 31 January 2023 438
NET BOOK VALUE
At 31 January 2023 -

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2022
and 31 January 2023 400,000
NET BOOK VALUE
At 31 January 2023 400,000
At 31 January 2022 400,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Other debtors 1,317 1,317
Prepayments and accrued income 55 1,092
1,372 2,409

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Trade creditors 5,745 10,402
Amounts owed to group undertakings 43,609 40,836
Amounts owed to participating interests 107,598 108,740
Other creditors 42,077 41,900
Accruals and deferred income 6,113 5,538
205,142 207,416

INVESTLAND (COMMERCIAL) LIMITED (REGISTERED NUMBER: 04933936)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.23 31.1.22
value: £    £   
200 Ordinary £1 200 200

9. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party as no one individual holds a controlling interest in the issued share capital of the parent company.

The parent company is Investland Limited, which is incorporated and registered in England.