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REGISTERED NUMBER: 13195023 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 28 February 2023

for

Address Investments Ltd

Address Investments Ltd (Registered number: 13195023)






Contents of the Financial Statements
for the year ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Address Investments Ltd

Company Information
for the year ended 28 February 2023







DIRECTOR: L A Ellis





REGISTERED OFFICE: 15 St Peters Road
Southport
Merseyside
PR8 4BY





REGISTERED NUMBER: 13195023 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co Ltd
Adelphi Chambers
30 Hoghton Street
Southport
Merseyside
PR9 0NZ

Address Investments Ltd (Registered number: 13195023)

Balance Sheet
28 February 2023

2023 2022
Notes £ £
CURRENT ASSETS
Stocks 443,150 2,386
Debtors 4 9,336 3,581
Cash at bank 244 34,020
452,730 39,987
CREDITORS
Amounts falling due within one year 5 (467,060 ) (40,000 )
NET CURRENT LIABILITIES (14,330 ) (13 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(14,330

)

(13

)

CAPITAL AND RESERVES
Called up share capital 6 1 1
Retained earnings (14,331 ) (14 )
SHAREHOLDERS' FUNDS (14,330 ) (13 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 29 February 2024 and were signed by:





L A Ellis - Director


Address Investments Ltd (Registered number: 13195023)

Notes to the Financial Statements
for the year ended 28 February 2023

1. STATUTORY INFORMATION

Address Investments Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

3. EMPLOYEES AND DIRECTORS

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Other debtors 9,336 3,581

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Bank loans and overdrafts 463,750 40,000
Other creditors 3,310 -
467,060 40,000

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
1 Ordinary £1 1 1

Address Investments Ltd (Registered number: 13195023)

Notes to the Financial Statements - continued
for the year ended 28 February 2023

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 28 February 2023 and the period ended 28 February 2022:

2023 2022
£ £
L A Ellis
Balance outstanding at start of year 2,581 -
Amounts advanced 25,620 5,001
Amounts repaid (22,500 ) (2,420 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 5,701 2,581

Interest has been charged on the above at HMRC approved rates.

8. RELATED PARTY DISCLOSURES

Address Homes Ltd - company held under the control of the director Mr L A Ellis throughout the current and previous year.

At the year end date the amount owed to / (from) Address Homes Ltd was £1,630 (2022 - £Nil)