Company Registration No. 10271790 (England and Wales)
LOCO INVESTMENTS LIMITED
Unaudited accounts
for the year ended 31 July 2023
LOCO INVESTMENTS LIMITED
Unaudited accounts
Contents
LOCO INVESTMENTS LIMITED
Company Information
for the year ended 31 July 2023
Director
Kazeem Alli-Balogun
Company Number
10271790 (England and Wales)
Registered Office
1 CRANSTON ROAD
FOREST HILL
LONDON
SE23 2HA
UNITED KINGDOM
Accountants
Forti Accounting
Kemp House
160 City Road
London
EC1V 2NX
LOCO INVESTMENTS LIMITED
Statement of financial position
as at 31 July 2023
Investment property
500,000
500,000
Cash at bank and in hand
3,999
1,005
Creditors: amounts falling due within one year
(14,889)
(11,971)
Net current liabilities
(10,890)
(10,966)
Total assets less current liabilities
489,110
489,034
Creditors: amounts falling due after more than one year
(405,753)
(408,977)
Called up share capital
100
100
Revaluation reserve
91,081
91,081
Profit and loss account
(7,824)
(11,124)
Shareholders' funds
83,357
80,057
For the year ending 31 July 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 26 March 2024 and were signed on its behalf by
Kazeem Alli-Balogun
Director
Company Registration No. 10271790
LOCO INVESTMENTS LIMITED
Notes to the Accounts
for the year ended 31 July 2023
LOCO INVESTMENTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10271790. The registered office is 1 CRANSTON ROAD, FOREST HILL, LONDON, SE23 2HA, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Fair value at 1 August 2022
500,000
Investment properties are held at market value and not depreciated.
5
Creditors: amounts falling due within one year
2023
2022
Loans from directors
13,889
11,521
6
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
341,326
250,824
Other creditors
64,427
158,153
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).