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REGISTERED NUMBER: 03333418 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

BERKELEY CAPITAL INVESTMENT LIMITED

BERKELEY CAPITAL INVESTMENT LIMITED (REGISTERED NUMBER: 03333418)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BERKELEY CAPITAL INVESTMENT LIMITED

COMPANY INFORMATION
for the year ended 31 March 2023







DIRECTORS: A P Meyer
T P Meyer



SECRETARY: D P Meyer



REGISTERED OFFICE: Preston Park House
South Road
Brighton
East Sussex
BN1 6SB



REGISTERED NUMBER: 03333418 (England and Wales)



ACCOUNTANTS: Plus Accounting
Chartered Accountants
Preston Park House
South Road
Brighton
East Sussex
BN1 6SB



BANKERS: National Westminster Bank plc
96 Terminus Road
Eastbourne
East Sussex
BN21 3AA

BERKELEY CAPITAL INVESTMENT LIMITED (REGISTERED NUMBER: 03333418)

BALANCE SHEET
31 March 2023

31.3.23 31.3.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 8,260 96
Investment property 5 450,000 450,000
458,260 450,096

CURRENT ASSETS
Debtors 6 88,875 -
Cash at bank 24,991 150,312
113,866 150,312
CREDITORS
Amounts falling due within one year 7 (10,119 ) (10,775 )
NET CURRENT ASSETS 103,747 139,537
TOTAL ASSETS LESS CURRENT
LIABILITIES

562,007

589,633

CREDITORS
Amounts falling due after more than one
year

8

(185,191

)

(189,311

)

PROVISIONS FOR LIABILITIES 10 (36,184 ) (36,184 )
NET ASSETS 340,632 364,138

CAPITAL AND RESERVES
Called up share capital 11 250,100 250,100
Non-distributable reserve 310,789 310,789
Retained earnings (220,257 ) (196,751 )
SHAREHOLDERS' FUNDS 340,632 364,138

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

BERKELEY CAPITAL INVESTMENT LIMITED (REGISTERED NUMBER: 03333418)

BALANCE SHEET - continued
31 March 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 15 November 2023 and were signed on its behalf by:





A P Meyer - Director


BERKELEY CAPITAL INVESTMENT LIMITED (REGISTERED NUMBER: 03333418)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2023

1. STATUTORY INFORMATION

Berkeley Capital Investment 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents the fair value of consideration received or receivable in respect of rental income.

Tangible fixed assets
Tangible fixed assets are stated at cost (or deemed cost) less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and equipment- 20% reducing balance
Computer equipment- 33% on cost

Investment property
Investment properties for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

The methods and significant assumptions used to ascertain the fair value at the balance sheet date and fair value movement included in the profit for the year are as follows:

The property has been valued using an open market valuation on a freehold basis by Ashley Meyer, the director.

Financial instruments
Financial assets, 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 entity after deducting all of its financial liabilities.

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.


BERKELEY CAPITAL INVESTMENT LIMITED (REGISTERED NUMBER: 03333418)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2023

2. ACCOUNTING POLICIES - continued
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.

Impairment policy
At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Computer
property equipment equipment Totals
£    £    £    £   
COST
At 1 April 2022 - 2,089 3,459 5,548
Additions 8,333 - 275 8,608
At 31 March 2023 8,333 2,089 3,734 14,156
DEPRECIATION
At 1 April 2022 - 1,993 3,459 5,452
Charge for year 417 19 8 444
At 31 March 2023 417 2,012 3,467 5,896
NET BOOK VALUE
At 31 March 2023 7,916 77 267 8,260
At 31 March 2022 - 96 - 96

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2022
and 31 March 2023 450,000
NET BOOK VALUE
At 31 March 2023 450,000
At 31 March 2022 450,000


BERKELEY CAPITAL INVESTMENT LIMITED (REGISTERED NUMBER: 03333418)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Other debtors 88,875 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts 4,118 5,471
Taxation and social security 471 437
Other creditors 5,530 4,867
10,119 10,775

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Bank loans 185,191 189,311

9. SECURED DEBTS

The following secured debts are included within creditors:

31.3.23 31.3.22
£    £   
Bank loans 189,309 194,782

The bank loans are secured by a fixed charge over the company's freehold investment property.

10. PROVISIONS FOR LIABILITIES
31.3.23 31.3.22
£    £   
Deferred tax 36,184 36,184

Deferred
tax
£   
Balance at 1 April 2022 36,184
Anticipated change in tax rate
Balance at 31 March 2023 36,184

BERKELEY CAPITAL INVESTMENT LIMITED (REGISTERED NUMBER: 03333418)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2023

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
250,000 Ordinary £1 250,000 250,000
100 Ordinary "B" £1 100 100
250,100 250,100

12. RELATED PARTY DISCLOSURES

The director, T P Meyer, is a director of Wingrove Estates Ltd. As at the balance sheet date Wingrove Estates Ltd owed the company £88,875 (2022: £nil).