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REGISTERED NUMBER: 13001818 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

INVESTMENT HOUSE LIMITED

INVESTMENT HOUSE LIMITED (REGISTERED NUMBER: 13001818)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


INVESTMENT HOUSE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTORS: R Rahania
Mrs K Rahania





REGISTERED OFFICE: 2 Cedargrove
Hagley
Stourbridge
West Midlands
DY9 0DR





REGISTERED NUMBER: 13001818 (England and Wales)





ACCOUNTANTS: Ashcrofts Accountants Limited
2 Cedargrove
Hagley
Stourbridge
West Midlands
DY9 0DR

INVESTMENT HOUSE LIMITED (REGISTERED NUMBER: 13001818)

BALANCE SHEET
30 NOVEMBER 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 38,665 51,553

CURRENT ASSETS
Debtors 5 261,914 208,029
Cash at bank 263,258 396,678
525,172 604,707
CREDITORS
Amounts falling due within one year 6 (112,357 ) (192,893 )
NET CURRENT ASSETS 412,815 411,814
TOTAL ASSETS LESS CURRENT
LIABILITIES

451,480

463,367

CREDITORS
Amounts falling due after more than one
year

7

(39,541

)

(43,918

)

PROVISIONS FOR LIABILITIES 9 (7,346 ) (9,795 )
NET ASSETS 404,593 409,654

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 11 404,493 409,554
SHAREHOLDERS' FUNDS 404,593 409,654

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

INVESTMENT HOUSE LIMITED (REGISTERED NUMBER: 13001818)

BALANCE SHEET - continued
30 NOVEMBER 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 Board of Directors and authorised for issue on 18 August 2024 and were signed on its behalf by:





R Rahania - Director


INVESTMENT HOUSE LIMITED (REGISTERED NUMBER: 13001818)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023


1. STATUTORY INFORMATION

Investment House 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

INVESTMENT HOUSE LIMITED (REGISTERED NUMBER: 13001818)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


4. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
At 1 December 2022
and 30 November 2023 54,990
DEPRECIATION
At 1 December 2022 3,437
Charge for year 12,888
At 30 November 2023 16,325
NET BOOK VALUE
At 30 November 2023 38,665
At 30 November 2022 51,553

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 247,581 208,029
Other debtors 14,333 -
261,914 208,029

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 4,378 3,072
Trade creditors 805 -
Corporation tax 1,261 86,315
Other creditors 100,000 100,000
Directors' loan accounts 5,300 2,700
Accruals and deferred income 613 806
112,357 192,893

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 39,541 43,918

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Hire purchase contracts 43,919 46,990

INVESTMENT HOUSE LIMITED (REGISTERED NUMBER: 13001818)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


9. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 7,346 9,795

Deferred
tax
£   
Balance at 1 December 2022 9,795
Credited during the year (2,449 )
Balance at 30 November 2023 7,346

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

11. RESERVES
Retained
earnings
£   

At 1 December 2022 409,554
Deficit for the year (5,061 )
At 30 November 2023 404,493

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At 30 November 2023, there was a loan from Mr R Rahania of £5,300 (2022: £2,700). This unsecured loan is interest free and repayable on demand.

13. RELATED PARTY DISCLOSURES

At 30 November 2023, there was a loan from RJR Chem Ltd of £100,000 (2022: £100,000) a company in which Mr R Rahania is a director. This loan is interest free and repayable on demand.