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REGISTERED NUMBER: 03441360 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

DAVOS INVESTMENTS LTD

DAVOS INVESTMENTS LTD (REGISTERED NUMBER: 03441360)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


DAVOS INVESTMENTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTORS: D Schreiber
O Schreiber





SECRETARY: D Schreiber





REGISTERED OFFICE: 147 Stamford Hill
London
N16 5LG





REGISTERED NUMBER: 03441360 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL

DAVOS INVESTMENTS LTD (REGISTERED NUMBER: 03441360)

STATEMENT OF FINANCIAL POSITION
28 FEBRUARY 2023

28.2.23 28.2.22
Notes £    £   
FIXED ASSETS
Investment property 4 - 3,267,706

CURRENT ASSETS
Debtors 5 5,870,694 3,792,144
Cash at bank 248 248
5,870,942 3,792,392
CREDITORS
Amounts falling due within one year 6 (2,261,644 ) (3,812,946 )
NET CURRENT ASSETS/(LIABILITIES) 3,609,298 (20,554 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,609,298

3,247,152

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 3,609,198 3,247,052
SHAREHOLDERS' FUNDS 3,609,298 3,247,152

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

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 29 November 2023 and were signed on its behalf by:





D Schreiber - Director


DAVOS INVESTMENTS LTD (REGISTERED NUMBER: 03441360)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1. STATUTORY INFORMATION

Davos 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.

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 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 except for the assets and liabilities which are required by FRS 102 to be stated at fair value.

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.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2022 3,267,706
Disposals (3,267,706 )
At 28 February 2023 -
NET BOOK VALUE
At 28 February 2023 -
At 28 February 2022 3,267,706

5. DEBTORS
28.2.23 28.2.22
£    £   
Amounts falling due within one year:
Other debtors 5,870,117 3,792,144

Amounts falling due after more than one year:
Amounts owed by associates 577 -

Aggregate amounts 5,870,694 3,792,144

DAVOS INVESTMENTS LTD (REGISTERED NUMBER: 03441360)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade creditors 1,195,490 1,366,032
Taxation and social security 35,365 41,245
Other creditors 1,030,789 2,405,669
2,261,644 3,812,946

7. SECURED DEBTS

The following secured debts are included within creditors:

28.2.23 28.2.22
£    £   

The mortgage loans are secured by a first charge over the company's properties .

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.23 28.2.22
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Retained
earnings
£   

At 1 March 2022 3,247,052
Profit for the year 362,146
At 28 February 2023 3,609,198