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REGISTERED NUMBER: 00411066 (England and Wales)















Financial Statements for the Year Ended 30 June 2023

for

Segals Investments Limited

Segals Investments Limited (Registered number: 00411066)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Segals Investments Limited

Company Information
for the Year Ended 30 June 2023







DIRECTOR: Miss A Segal





REGISTERED OFFICE: 88 Crawford Street
London
W1H 2EJ





REGISTERED NUMBER: 00411066 (England and Wales)






Segals Investments Limited (Registered number: 00411066)

Balance Sheet
30 June 2023

30.6.23 30.6.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 - -
Investments 5 154,006 184,206
154,006 184,206

CURRENT ASSETS
Debtors 6 12,002 109,343
Cash at bank 899,705 25,258
911,707 134,601
CREDITORS
Amounts falling due within one year 7 (374,495 ) (262,705 )
NET CURRENT ASSETS/(LIABILITIES) 537,212 (128,104 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

691,218

56,102

CAPITAL AND RESERVES
Called up share capital 22,000 22,000
Capital redemption reserve 8,817 8,817
Retained earnings 660,401 25,285
SHAREHOLDERS' FUNDS 691,218 56,102

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 director and authorised for issue on 24 January 2024 and were signed by:





Miss A Segal - Director


Segals Investments Limited (Registered number: 00411066)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

Segals 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 rent received during the year.

Tangible fixed assets and depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Investments
Investments are stated at cost less provision for permanent diminution in value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 July 2022
and 30 June 2023 895
DEPRECIATION
At 1 July 2022
and 30 June 2023 895
NET BOOK VALUE
At 30 June 2023 -
At 30 June 2022 -

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 July 2022 184,206
Disposals (30,200 )
At 30 June 2023 154,006
NET BOOK VALUE
At 30 June 2023 154,006
At 30 June 2022 184,206

Segals Investments Limited (Registered number: 00411066)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

5. FIXED ASSET INVESTMENTS - continued

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Associated company

Modern Hotels (Holdings) Limited
Registered office: Brooklyn Street, St Helier, Jersey JE1 4HE
Nature of business: Hotelier
%
Class of shares: holding
Ordinary 50.00
31.10.22 31.10.21
£    £   
Aggregate capital and reserves 1,362,557 4,552,804
Loss for the year (519,869 ) (105,742 )

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade debtors - 875
Other debtors 12,002 108,468
12,002 109,343

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Amounts owed to group undertakings 205,376 205,376
Taxation and social security 155,807 -
Other creditors 13,312 57,329
374,495 262,705

8. ULTIMATE CONTROLLING PARTY

The company is under the control of the directors.