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Company Registration No. 10271790 (England and Wales)
LOCO INVESTMENTS LIMITED Unaudited accounts for the year ended 31 July 2023
LOCO INVESTMENTS LIMITED Unaudited accounts Contents
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LOCO INVESTMENTS LIMITED Company Information for the year ended 31 July 2023
Director
Kazeem Alli-Balogun
Company Number
10271790 (England and Wales)
Registered Office
1 CRANSTON ROAD FOREST HILL LONDON SE23 2HA UNITED KINGDOM
Accountants
Forti Accounting Kemp House 160 City Road London EC1V 2NX
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LOCO INVESTMENTS LIMITED Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investment property
500,000 
500,000 
Current assets
Cash at bank and in hand
3,999 
1,005 
Creditors: amounts falling due within one year
(14,889)
(11,971)
Net current liabilities
(10,890)
(10,966)
Total assets less current liabilities
489,110 
489,034 
Creditors: amounts falling due after more than one year
(405,753)
(408,977)
Net assets
83,357 
80,057 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
91,081 
91,081 
Profit and loss account
(7,824)
(11,124)
Shareholders' funds
83,357 
80,057 
For the year ending 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 March 2024 and were signed on its behalf by
Kazeem Alli-Balogun Director Company Registration No. 10271790
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LOCO INVESTMENTS LIMITED Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
LOCO INVESTMENTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10271790. The registered office is 1 CRANSTON ROAD, FOREST HILL, LONDON, SE23 2HA, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Investment property
2023 
£ 
Fair value at 1 August 2022
500,000 
At 31 July 2023
500,000 
Investment properties are held at market value and not depreciated.
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Loans from directors
13,889 
11,521 
Accruals
1,000 
450 
14,889 
11,971 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
341,326 
250,824 
Other creditors
64,427 
158,153 
405,753 
408,977 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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