REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2023 |
FOR |
INVICTA ESTATES LIMITED |
REGISTERED NUMBER: |
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: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
INVICTA ESTATES LIMITED (REGISTERED NUMBER: 00801237) |
BALANCE SHEET |
31 MARCH 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investments | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Fair value reserve | 8 | ( |
) |
Retained earnings |
SHAREHOLDERS' FUNDS |
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 |
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 |
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 |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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 | 2,279,231 |
Revaluations | 11,277 |
At 31 March 2023 | 2,290,508 |
PROVISIONS |
At 1 April 2022 |
and 31 March 2023 | - | 6,096 | 6,096 |
NET BOOK VALUE |
At 31 March 2023 | 2,284,412 |
At 31 March 2022 | 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 |
Other debtors |
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 |
Owed to fellow subsidiaries | 632,240 | 632,240 |
Other creditors |
Accruals and deferred income |
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 |
8. | RESERVES |
Fair |
value |
reserve |
£ |
At 1 April 2022 |
Reserves transfer | (11,277 | ) |
At 31 March 2023 | ( |
) |
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. |