Registered number
04953169
Investment Estates Limited
Filleted Accounts
30 November 2023
Investment Estates Limited
Registered number: 04953169
Balance Sheet
as at 30 November 2023
Notes 2023 2022
£ £
Fixed assets
Investments 3 130 130
Current assets
Debtors 4 80,000 80,000
Cash at bank and in hand 1,600 -
81,600 80,000
Creditors: amounts falling due within one year 5 (3,732) (8,738)
Net current assets 77,868 71,262
Net assets 77,998 71,392
Capital and reserves
Called up share capital 100 100
Profit and loss account 77,898 71,292
Shareholders' funds 77,998 71,392
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
M Freeman
Director
Approved by the board on 31 July 2024
Investment Estates Limited
Notes to the Accounts
for the year ended 30 November 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value and represents the value of work carried out in respect of services provided to customers.
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Investments
Investments in
subsidiary Other
undertakings investments Total
£ £ £
Cost
At 1 December 2022 100 30 130
At 30 November 2023 100 30 130
4 Debtors 2023 2022
£ £
Amounts owed by group undertakings and undertakings in which the company has a participating interest 80,000 80,000
5 Creditors: amounts falling due within one year 2023 2022
£ £
Other creditors 3,732 8,738
6 Related party transactions
Shiram Properties Limited, a UK associated company, owed the company £80,000 at the year end (2022: £80,000). This loan is interest free.
7 Controlling party
The controlling party is M Freeman.
8 Other information
Investment Estates Limited is a private company limited by shares and incorporated in England. Its registered office is:
C/o Cowen suite, Kinetic Centre
Theobald Street
Borehamwood
Herts.
WD6 4PJ
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