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REGISTERED NUMBER: 10908388 (England and Wales)







ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2023

FOR

BYZANTINE INVESTMENTS LIMITED

BYZANTINE INVESTMENTS LIMITED (REGISTERED NUMBER: 10908388)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


BYZANTINE INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2023







DIRECTORS: Mr F Lambrou
Mr A Lambrou





REGISTERED OFFICE: Solar House
282 Chase Road
London
N14 6NZ





REGISTERED NUMBER: 10908388 (England and Wales)





ACCOUNTANTS: Freemans Partnership LLP
Chartered Certified Accountants
Solar House
282 Chase Road
London
N14 6NZ

BYZANTINE INVESTMENTS LIMITED (REGISTERED NUMBER: 10908388)

ABRIDGED BALANCE SHEET
31 AUGUST 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 500,000 500,000

CURRENT ASSETS
Debtors 4,844 8,050
Cash at bank 103,671 96,811
108,515 104,861
CREDITORS
Amounts falling due within one year 345,955 349,934
NET CURRENT LIABILITIES (237,440 ) (245,073 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

262,560

254,927

CREDITORS
Amounts falling due after more than one
year

5

(200,794

)

(193,612

)

PROVISIONS FOR LIABILITIES 7 (8,480 ) (8,480 )
NET ASSETS 53,286 52,835

CAPITAL AND RESERVES
Called up share capital 8 100 100
Fair value reserve 9 39,851 39,851
Retained earnings 13,335 12,884
SHAREHOLDERS' FUNDS 53,286 52,835

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 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.

BYZANTINE INVESTMENTS LIMITED (REGISTERED NUMBER: 10908388)

ABRIDGED BALANCE SHEET - 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.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 31 August 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 April 2024 and were signed on its behalf by:




Mr A Lambrou - Director



Mr F Lambrou - Director


BYZANTINE INVESTMENTS LIMITED (REGISTERED NUMBER: 10908388)

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


1. STATUTORY INFORMATION

Byzantine Investments 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.

Turnover
Turnover represents amounts derived from rents charged to tenants during the year, and is recognised at the date the rental period occurred. This is stated after trade discounts and other sales taxes.

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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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
and 31 August 2023 500,000
NET BOOK VALUE
At 31 August 2023 500,000
At 31 August 2022 500,000

BYZANTINE INVESTMENTS LIMITED (REGISTERED NUMBER: 10908388)

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


5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
31.8.23 31.8.22
£    £   
Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 200,794 -

Repayable by instalments
Bank loans more 5 yr by instal - 166,085

6. LOANS

An analysis of the maturity of loans is given below:

31.8.23 31.8.22
£    £   
Amounts falling due within one year or on demand:
Bank loans - 6,882

Amounts falling due between one and two years:
Bank loans - 1-2 years - 6,882

Amounts falling due between two and five years:
Bank loans - 2-5 years - 20,645

Amounts falling due in more than five years:
Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 200,794 -

Repayable by instalments
Bank loans more 5 yr by instal - 166,085

7. PROVISIONS FOR LIABILITIES
31.8.23 31.8.22
£    £   
Deferred tax 8,480 8,480

Deferred
tax
£   
Balance at 1 September 2022 8,480
Balance at 31 August 2023 8,480

BYZANTINE INVESTMENTS LIMITED (REGISTERED NUMBER: 10908388)

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


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.23 31.8.22
value: £    £   
100 Ordinary share capital 1 100 100

9. RESERVES
Fair
value
reserve
£   
At 1 September 2022
and 31 August 2023 39,851