Company registration number 07945863 (England and Wales)
ILONA HOUSE INVESTMENTS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
PAGES FOR FILING WITH REGISTRAR
ILONA HOUSE INVESTMENTS LIMITED
BALANCE SHEET
AS AT
31 MARCH 2023
31 March 2023
- 1 -
2023
2022
£
£
£
£
Fixed assets
5,476,727
5,476,727
Current assets
91,880
73,750
Prepayments and accrued income
10,698
15,019
Creditors: amounts falling due within one year
(1,798,889)
(1,884,488)
Net current liabilities
(1,696,311)
(1,795,719)
Total assets less current liabilities
3,780,416
3,681,008
Creditors: amounts falling due after more than one year
(2,803,703)
(2,803,512)
Net assets
976,713
877,496
Capital and reserves
976,713
877,496
Notes to the financial statements
1
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2023
2022
Number
Number
Employees
-
0
-
0
2
Fixed assets

Fixed assets consist of investment property held by the company. This investment property has been held at cost with no depreciation being charged.

3
Securities

As at 31 March 2023, bank loans of £2,750,000 included in creditors falling due after more than one year is secured by way of a fixed charge on all properties owned by the company.

4
Related party transactions

At 31 March 2023, the company owes £1,733,048 (2022: £1,853,993) to Ilona House Securities Limited. This loan is unsecured and interest free.

Ilona House Investments Limited is a private company limited by shares incorporated in England and Wales. The registered office is 4th Floor, Cardinal House, 39-40 Albermarle Street, London, England, W1S 4TE.

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

ILONA HOUSE INVESTMENTS LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2023
31 March 2023
- 2 -

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.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 19 July 2023 and are signed on its behalf by:
Mr M Quinn
Mr H Raymond
Director
Director
Company registration number 07945863 (England and Wales)
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