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REGISTERED NUMBER: 10431809 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

Number One Investments Limited

Number One Investments Limited (Registered number: 10431809)






Contents of the Financial Statements
for the year ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Number One Investments Limited

Company Information
for the year ended 31 October 2023







DIRECTOR: P N Stevens





SECRETARY:





REGISTERED OFFICE: 319 Broomfield Road
Chelmsford
Essex
CM1 4DU





REGISTERED NUMBER: 10431809 (England and Wales)





ACCOUNTANTS: Simpson Accountancy
Unit 6 Cherrytree Farm
Blackmore End Road
Sible Hedingham
Essex
C09 3LZ

Number One Investments Limited (Registered number: 10431809)

Balance Sheet
31 October 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 192,016 192,016

CURRENT ASSETS
Debtors 5 8,622 1,000
Cash at bank and in hand 2,864 15,216
11,486 16,216
CREDITORS
Amounts falling due within one year 6 197,325 195,426
NET CURRENT LIABILITIES (185,839 ) (179,210 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,177

12,806

CREDITORS
Amounts falling due after more than one
year

7

5,600

7,204
NET ASSETS 577 5,602

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 8 576 5,601
SHAREHOLDERS' FUNDS 577 5,602

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

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

Number One Investments Limited (Registered number: 10431809)

Balance Sheet - continued
31 October 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 director and authorised for issue on 15 July 2024 and were signed by:





P N Stevens - Director


Number One Investments Limited (Registered number: 10431809)

Notes to the Financial Statements
for the year ended 31 October 2023

1. STATUTORY INFORMATION

Number One 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - not provided

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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 November 2022
and 31 October 2023 192,016
NET BOOK VALUE
At 31 October 2023 192,016
At 31 October 2022 192,016

Number One Investments Limited (Registered number: 10431809)

Notes to the Financial Statements - continued
for the year ended 31 October 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by associates - 1,000
Other debtors 8,622 -
8,622 1,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 1,401 693
Amounts owed to participating interests 184,430 178,694
Amounts owed to associates 11,000 -
Taxation and social security (475 ) 2,080
Other creditors 969 13,959
197,325 195,426

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 5,600 7,204

8. RESERVES
Retained
earnings
£   

At 1 November 2022 5,601
Deficit for the year (2,025 )
Dividends (3,000 )
At 31 October 2023 576

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2023 and 31 October 2022:

2023 2022
£    £   
P N Stevens
Balance outstanding at start of year - 340,224
Amounts advanced 8,622 -
Amounts repaid - (340,224 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 8,622 -

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £3,000 were paid to the director .

Number One Investments Limited (Registered number: 10431809)

Notes to the Financial Statements - continued
for the year ended 31 October 2023

10. RELATED PARTY DISCLOSURES - continued

At 31st October 2023, the company owed £20,552 (2022: £28,280) to Homeview Ltd and had been charged interest of £875 (2021: £802) by the latter, £1,250 (2022: £1,146) of interest by each Feldon Associate Ltd and Clearline Associate Ltd, to whom it owed £59,440 (2022: £65,209) and £79,438 (2022: £85,205) respectively.

The director Phil Stevens is a director in all the companies.

£11,000 was owed to Panners Investment Ltd, both companies are under common control.