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REGISTERED NUMBER: 07749334 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

DONALD REAL INVESTMENTS LIMITED

DONALD REAL INVESTMENTS LIMITED (REGISTERED NUMBER: 07749334)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


DONALD REAL INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: J L HOARE





REGISTERED OFFICE: 109 BAKER STREET
LONDON
W1U 6RP





REGISTERED NUMBER: 07749334 (England and Wales)





ACCOUNTANTS: GOLDWYNS
CHARTERED ACCOUNTANTS
109 BAKER STREET
LONDON
W1U 6RP

DONALD REAL INVESTMENTS LIMITED (REGISTERED NUMBER: 07749334)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes €    €    €    €   
FIXED ASSETS
Investments 4 611,000 616,000

CURRENT ASSETS
Cash at bank 923 3,953

CREDITORS
Amounts falling due within one year 5 683,043 683,043
NET CURRENT LIABILITIES (682,120 ) (679,090 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(71,120

)

(63,090

)

CAPITAL AND RESERVES
Called up share capital 6 100,000 100,000
Retained earnings 7 (171,120 ) (163,090 )
SHAREHOLDERS' FUNDS (71,120 ) (63,090 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 and authorised for issue by the director and authorised for issue on 5 April 2024 and were signed by:





J L HOARE - Director


DONALD REAL INVESTMENTS LIMITED (REGISTERED NUMBER: 07749334)

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

1. STATUTORY INFORMATION

Donald Real 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.

Going concern
The company incurred losses of €8,030 for the year ended 31 December 2023 and had net liabilities of €71,120 as at December 2023. The financial statements have been prepared on a going concern basis, on the assumption of the continuing availability of financial support from the shareholder. The financial statements do not include any adjustments that would arise from a failure to obtain this financial support.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Tax
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

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

Presentation Currency
The Directors have considered it appropriate to present the financial statements in Euros as this is the Company's functional currency, in compliance with Financial Reporting Standards.

Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Impairment
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Provisions
Provisions are recognised when the company has an obligation at the balance sheet date as a result of a past event, it is probable that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated.

DONALD REAL INVESTMENTS LIMITED (REGISTERED NUMBER: 07749334)

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

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS

2023 2022
€    €   
Shares in group undertakings 61,751 61,751
Loans to group undertakings 549,249 554,249
611,000 616,000

Additional information is as follows:
Shares in
group
undertakings
€   
COST
At 1 January 2023
and 31 December 2023 61,751
NET BOOK VALUE
At 31 December 2023 61,751
At 31 December 2022 61,751
Loans to
group
undertakings
€   
At 1 January 2023 554,249
Repayment in year (5,000 )
At 31 December 2023 549,249

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
€    €   
Other creditors 679,543 679,543
Accrued expenses 3,500 3,500
683,043 683,043

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: €    €   
100,000 ORDINARY €1 100,000 100,000

DONALD REAL INVESTMENTS LIMITED (REGISTERED NUMBER: 07749334)

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

7. RESERVES
Retained
earnings
€   

At 1 January 2023 (163,090 )
Deficit for the year (8,030 )
At 31 December 2023 (171,120 )