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REGISTERED NUMBER: 01782041 (England and Wales)
















Unaudited Financial Statements

for the Year Ended 31 August 2023

for

IMPERIAL 888 LTD

IMPERIAL 888 LTD (REGISTERED NUMBER: 01782041)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 AUGUST 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


IMPERIAL 888 LTD

Company Information
FOR THE YEAR ENDED 31 AUGUST 2023







DIRECTOR: Mrs E. Savva





SECRETARY: Mrs C Granger





REGISTERED OFFICE: 89 Myddleton Road
London
N22 4NE





REGISTERED NUMBER: 01782041 (England and Wales)





ACCOUNTANTS: G & A Partners LLP
Accountants and Tax Advisers
120 Cockfosters Road
London
EN4 0DZ

IMPERIAL 888 LTD (REGISTERED NUMBER: 01782041)

Statement of Financial Position
31 AUGUST 2023

31.8.23 31.8.22
Notes £ £ £ £
FIXED ASSETS
Investment property 4 1,260,976 1,130,112

CURRENT ASSETS
Debtors 5 1,800 -
Cash at bank and in hand 3,138 17,945
4,938 17,945
CREDITORS
Amounts falling due within one year 6 60,139 30,231
NET CURRENT LIABILITIES (55,201 ) (12,286 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,205,775

1,117,826

CREDITORS
Amounts falling due after more than one
year

7

(354,104

)

(284,897

)

PROVISIONS FOR LIABILITIES 8 (133,666 ) (133,666 )
NET ASSETS 718,005 699,263

CAPITAL AND RESERVES
Called up share capital 30,000 30,000
Other reserves 534,663 534,663
Retained earnings 153,342 134,600
SHAREHOLDERS' FUNDS 718,005 699,263

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

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

The director acknowledges her 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.

IMPERIAL 888 LTD (REGISTERED NUMBER: 01782041)

Statement of Financial Position - continued
31 AUGUST 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 director and authorised for issue on 19 February 2024 and were signed by:





Mrs E. Savva - Director


IMPERIAL 888 LTD (REGISTERED NUMBER: 01782041)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 AUGUST 2023

1. STATUTORY INFORMATION

Imperial 888 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 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.

Turnover
Turnover comprises revenue recognised by the company in respect of rents received during the year. Rents are recognised up to the year end date.

The total turnover of the company for the year has been derived from its principal activity wholly undertaken within the UK.

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 2 (2022 - 2 ) .

4. INVESTMENT PROPERTY
Total
£
FAIR VALUE
At 1 September 2022 1,130,112
Additions 130,864
At 31 August 2023 1,260,976
NET BOOK VALUE
At 31 August 2023 1,260,976
At 31 August 2022 1,130,112

The fair value of the properties at August 2023 has been arrived at on the basis of a valuation carried out at that date by the director of the company who is not professionally qualified valuer. The valuation was arrived at by reference to market evidence of transaction prices for similar properties in the location and takes into account the yield from rentals in the area where the property is situated.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£ £
Other debtors 1,800 -

IMPERIAL 888 LTD (REGISTERED NUMBER: 01782041)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 AUGUST 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£ £
Bank loans and overdrafts 9,600 -
Taxation and social security 8,644 4,248
Other creditors 41,895 25,983
60,139 30,231

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.23 31.8.22
£ £
Bank loans 172,853 134,897
Other creditors 181,251 150,000
354,104 284,897

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instalments 172,853 134,897

8. PROVISIONS FOR LIABILITIES
31.8.23 31.8.22
£ £
Deferred tax 133,666 133,666

Deferred tax
£
Balance at 1 September 2022 133,666
Balance at 31 August 2023 133,666