GROUP INVEST LIMITED

Company Registration Number:
10792182 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2023

Period of accounts

Start date: 01 June 2022

End date: 31 May 2023

GROUP INVEST LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

GROUP INVEST LIMITED

Company Information

for the Period Ended 31 May 2023




Director: Aneliya Kostenska
Registered office: 1a Baltimore Trading Estate
Baltimore Road
Birmingham
England
B42 1DD
Company Registration Number: 10792182 (England and Wales)

GROUP INVEST LIMITED

Balance sheet

As at 31 May 2023


Notes

2023
£

2022
£
Fixed assets
Total fixed assets: - -
Current assets
Cash at bank and in hand: 2,951 101
Total current assets: 2,951 101
Creditors: amounts falling due within one year: 4 ( 13,026 ) ( 10,048 )
Net current assets (liabilities): ( 10,075 ) ( 9,947 )
Total assets less current liabilities: ( 10,075 ) ( 9,947 )
Creditors: amounts falling due after more than one year: 5 ( 2,485 ) ( 3,342 )
Total net assets (liabilities): ( 12,560 ) ( 13,289 )

The notes form part of these financial statements

GROUP INVEST LIMITED

Balance sheet continued

As at 31 May 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: ( 12,660 ) ( 13,389 )
Shareholders funds: ( 12,560 ) ( 13,289 )

For the year ending 31 May 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 4 February 2024
And Signed On Behalf Of The Board By:

Name: Aneliya Kostenska
Status: Director

The notes form part of these financial statements

GROUP INVEST LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover
    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added
    tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such
    that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by
    reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs
    incurred for work performed to date to the total estimated contract costs.

GROUP INVEST LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 3

GROUP INVEST LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 3. Off balance sheet disclosure

    No

GROUP INVEST LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

4.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 150 150
Other creditors 12,876 9,898
Total 13,026 10,048

GROUP INVEST LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

5.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 2,485 3,342
Total 2,485 3,342