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REGISTERED NUMBER: 10235410 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023

FOR

HOZE INVESTMENTS LIMITED

HOZE INVESTMENTS LIMITED (REGISTERED NUMBER: 10235410)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HOZE INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2023







DIRECTORS: Mr H Maymon
Mrs O Weinberger





SECRETARY: Mrs O Weinberger





REGISTERED OFFICE: Buckingham House, 2nd Floor
45 Vivian Avenue
London
NW4 3XA





REGISTERED NUMBER: 10235410 (England and Wales)





ACCOUNTANTS: MGR SD Limited
Chartered Accountants
55 Loudoun Road
London
NW8 0DL

HOZE INVESTMENTS LIMITED (REGISTERED NUMBER: 10235410)

BALANCE SHEET
31 MAY 2023

31.5.23 31.5.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 - 495
Investments 5 - 86,160
Investment property 6 2,979,991 2,979,991
2,979,991 3,066,646

CURRENT ASSETS
Debtors 7 499,010 368,634
Cash at bank 7,882 15,300
506,892 383,934
CREDITORS
Amounts falling due within one year 8 (240,833 ) (237,759 )
NET CURRENT ASSETS 266,059 146,175
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,246,050

3,212,821

CREDITORS
Amounts falling due after more than one
year

9

(2,006,847

)

(2,006,847

)

PROVISIONS FOR LIABILITIES 11 (238,602 ) (238,602 )
NET ASSETS 1,000,601 967,372

CAPITAL AND RESERVES
Called up share capital 12 1 1
Other reserves 1,017,198 1,017,198
Retained earnings (16,598 ) (49,827 )
SHAREHOLDERS' FUNDS 1,000,601 967,372

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

HOZE INVESTMENTS LIMITED (REGISTERED NUMBER: 10235410)

BALANCE SHEET - continued
31 MAY 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 15 February 2024 and were signed on its behalf by:





Mrs O Weinberger - Director


HOZE INVESTMENTS LIMITED (REGISTERED NUMBER: 10235410)

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


1. STATUTORY INFORMATION

Hoze 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the rent received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost

Investment property
Investment property is shown at fair value. 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 Income Statement, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Investments
Fixed asset investments are stated at market value.

HOZE INVESTMENTS LIMITED (REGISTERED NUMBER: 10235410)

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


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 June 2022
and 31 May 2023 3,061
DEPRECIATION
At 1 June 2022 2,566
Charge for year 495
At 31 May 2023 3,061
NET BOOK VALUE
At 31 May 2023 -
At 31 May 2022 495

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
31.5.23 31.5.22
£    £   
Other investments - 86,160

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2022
and 31 May 2023 2,979,991
NET BOOK VALUE
At 31 May 2023 2,979,991
At 31 May 2022 2,979,991

Fair value at 31 May 2023 is represented by:
£   
Valuation in 2017 640,222
Valuation in 2018 247,600
Valuation in 2021 367,978
Cost 1,724,191
2,979,991

HOZE INVESTMENTS LIMITED (REGISTERED NUMBER: 10235410)

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


6. INVESTMENT PROPERTY - continued

Investment properties were valued on an open market basis and the directors considers this to be the fair value at balance sheet date.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Amounts owed by group undertakings 493,841 365,491
Other debtors 5,169 3,143
499,010 368,634

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Amounts owed to group undertakings 38,412 33,502
Taxation and social security 8,369 4,425
Other creditors 194,052 199,832
240,833 237,759

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.23 31.5.22
£    £   
Bank loans 2,006,847 2,006,847

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 2,006,847 2,006,847

10. SECURED DEBTS

The following secured debts are included within creditors:

31.5.23 31.5.22
£    £   
Bank loans 2,005,736 2,006,847

The bank loans are secured against the investment properties owned by the company.

11. PROVISIONS FOR LIABILITIES
31.5.23 31.5.22
£    £   
Deferred tax 238,602 238,602

HOZE INVESTMENTS LIMITED (REGISTERED NUMBER: 10235410)

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


11. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 June 2022 238,602
Balance at 31 May 2023 238,602

12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.23 31.5.22
value: £    £   
1 Ordinary £1 1 1

13. ULTIMATE CONTROLLING PARTY

The controlling party is Hoze Holdings Limited.

Hoze Holdings Limited is under the control of Orly Weinberger and Haim Maymon.