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REGISTERED NUMBER: 13801852 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

INVEST MULTILET & PPB LTD

INVEST MULTILET & PPB LTD (REGISTERED NUMBER: 13801852)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


INVEST MULTILET & PPB LTD

COMPANY INFORMATION
for the year ended 31 December 2023







DIRECTORS: Mr P J Bygrave
Mr T P Witt





REGISTERED OFFICE: 25-29 Sandy Way
Yeadon
Leeds
West Yorkshire
LS19 7EW





REGISTERED NUMBER: 13801852 (England and Wales)





ACCOUNTANTS: J S White & Co Limited
25-29 Sandy Way
Yeadon
Leeds
LS19 7EW

INVEST MULTILET & PPB LTD (REGISTERED NUMBER: 13801852)

BALANCE SHEET
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 186 277
Investment property 5 117,098 114,948
117,284 115,225

CURRENT ASSETS
Debtors 6 144,980 79,872
Cash at bank 67,541 7,755
212,521 87,627
CREDITORS
Amounts falling due within one year 7 99,672 120,389
NET CURRENT ASSETS/(LIABILITIES) 112,849 (32,762 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

230,133

82,463

CREDITORS
Amounts falling due after more than one
year

8

230,000

100,000
NET ASSETS/(LIABILITIES) 133 (17,537 )

CAPITAL AND RESERVES
Called up share capital 101 100
Retained earnings 32 (17,637 )
SHAREHOLDERS' FUNDS 133 (17,537 )

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 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.

INVEST MULTILET & PPB LTD (REGISTERED NUMBER: 13801852)

BALANCE SHEET - continued
31 December 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 13 August 2024 and were signed on its behalf by:





Mr P J Bygrave - Director


INVEST MULTILET & PPB LTD (REGISTERED NUMBER: 13801852)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 December 2023

1. STATUTORY INFORMATION

Invest Multilet & PPB LTD 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.
Plant and machinery etc - 33% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 1 (2022 - 1 ) .

INVEST MULTILET & PPB LTD (REGISTERED NUMBER: 13801852)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 January 2023
and 31 December 2023 414
DEPRECIATION
At 1 January 2023 137
Charge for year 91
At 31 December 2023 228
NET BOOK VALUE
At 31 December 2023 186
At 31 December 2022 277

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023 114,948
Additions 2,150
At 31 December 2023 117,098
NET BOOK VALUE
At 31 December 2023 117,098
At 31 December 2022 114,948

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 9,567 7,872
Amounts owed by joint ventures 134,764 72,000
Other debtors 649 -
144,980 79,872

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 14,140 2,523
Amounts owed to joint ventures - 14,834
Taxation and social security 15,618 -
Other creditors 69,914 103,032
99,672 120,389

INVEST MULTILET & PPB LTD (REGISTERED NUMBER: 13801852)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other creditors 230,000 100,000