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Company Registration No. 08654388 (England and Wales)
Credence Investments Ltd Unaudited accounts for the year ended 31 August 2023
Credence Investments Ltd Unaudited accounts Contents
Page
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Credence Investments Ltd Company Information for the year ended 31 August 2023
Director
Mohammed Ansar Uddin
Company Number
08654388 (England and Wales)
Registered Office
322 PLATT LANE FALLOWFIELD MANCHESTER LANCASHIRE M14 7DA UNITED KINGDOM
Accountants
S&H Accountants 35 School Walk Manchester M16 7GD
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Credence Investments Ltd Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investment property
247,718 
247,718 
Current assets
Cash at bank and in hand
3,852 
- 
Creditors: amounts falling due within one year
(1,579)
(1,442)
Net current assets/(liabilities)
2,273 
(1,442)
Total assets less current liabilities
249,991 
246,276 
Creditors: amounts falling due after more than one year
(228,881)
(230,620)
Net assets
21,110 
15,656 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
21,010 
15,556 
Shareholders' funds
21,110 
15,656 
For the year ending 31 August 2023 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 3 April 2024 and were signed on its behalf by
Mohammed Ansar Uddin Director Company Registration No. 08654388
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Credence Investments Ltd Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
Credence Investments Ltd is a private company, limited by shares, registered in England and Wales, registration number 08654388. The registered office is 322 PLATT LANE, FALLOWFIELD, MANCHESTER, LANCASHIRE, M14 7DA, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Investment property
2023 
£ 
Fair value at 1 September 2022
247,718 
At 31 August 2023
247,718 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
1,279 
1,042 
Other creditors
- 
400 
Accruals
300 
- 
1,579 
1,442 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Taxes and social security
- 
1,739 
Loans from directors
228,881 
228,881 
228,881 
230,620 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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