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REGISTERED NUMBER: 00801237 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

INVICTA ESTATES LIMITED

INVICTA ESTATES LIMITED (REGISTERED NUMBER: 00801237)

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


INVICTA ESTATES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: W S Fattal
D Cohen





REGISTERED OFFICE: Sterling House
27 Hatchlands Road
Redhill
Surrey
RH1 6RW





REGISTERED NUMBER: 00801237 (England and Wales)






INVICTA ESTATES LIMITED (REGISTERED NUMBER: 00801237)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 2,284,412 2,273,135

CURRENT ASSETS
Debtors 5 888,363 888,364
Cash at bank 17,649 16,648
906,012 905,012
CREDITORS
Amounts falling due within one year 6 2,261,292 2,261,292
NET CURRENT LIABILITIES (1,355,280 ) (1,356,280 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

929,132

916,855

CREDITORS
Amounts falling due after more than one
year

7

340,266

340,266
NET ASSETS 588,866 576,589

CAPITAL AND RESERVES
Called up share capital 50,000 50,000
Fair value reserve 8 (1,640 ) 9,637
Retained earnings 540,506 516,952
SHAREHOLDERS' FUNDS 588,866 576,589

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.

INVICTA ESTATES LIMITED (REGISTERED NUMBER: 00801237)

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 16 April 2024 and were signed on its behalf by:





W S Fattal - Director


INVICTA ESTATES LIMITED (REGISTERED NUMBER: 00801237)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023


1. STATUTORY INFORMATION

Invicta Estates 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.

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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Shares in
group Other
undertaking investments Totals
£    £    £   
COST OR VALUATION
At 1 April 2022 2,242,380 36,851 2,279,231
Revaluations - 11,277 11,277
At 31 March 2023 2,242,380 48,128 2,290,508
PROVISIONS
At 1 April 2022
and 31 March 2023 - 6,096 6,096
NET BOOK VALUE
At 31 March 2023 2,242,380 42,032 2,284,412
At 31 March 2022 2,242,380 30,755 2,273,135

INVICTA ESTATES LIMITED (REGISTERED NUMBER: 00801237)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


4. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 31 March 2023 is represented by:

Shares in
group Other
undertaking investments Totals
£    £    £   
Valuation in 2019 2,242,380 26,875 2,269,255
Valuation in 2020 - 1,591 1,591
Valuation in 2021 - (721 ) (721 )
Valuation in 2022 - 9,106 9,106
Valuation in 2023 - 11,277 11,277
2,242,380 48,128 2,290,508

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Owed by fellow subsidiaries 887,326 887,326
Other debtors 1,037 1,038
888,363 888,364

The amounts owed by fellow subsidiaries are comprised of £1,436 by Hawkhurst Golf and Country Club Limited and £1,149 by Jenga Holdings Limited.

.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Owed to ultimate parent company 656,307 656,307
Owed to fellow subsidiaries 632,240 632,240
Other creditors 966,445 966,445
Accruals and deferred income 6,300 6,300
2,261,292 2,261,292

The amount owed to fellow subsidiaries comprises £632,240 to Consortium Commercial Developments Limited.

INVICTA ESTATES LIMITED (REGISTERED NUMBER: 00801237)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
W S Fattal 109,088 109,088
E S Fattal 231,178 231,178
340,266 340,266

8. RESERVES
Fair
value
reserve
£   
At 1 April 2022 9,637
Reserves transfer (11,277 )

At 31 March 2023 (1,640 )

9. ULTIMATE CONTROLLING PARTY

The company's ultimate parent company, Cedardrive Limited, is incorporated in England.

The company's ultimate controllers are Mr W S Fattal and the estate of the late Mr E S Fattal who each own 50% of the ultimate parent company's issued share capital.