Registered number
08555046
INVESTEL LTD
Filleted Accounts
31 December 2023
INVESTEL LTD
Registered number: 08555046
Balance Sheet
as at 31 December 2023
Notes 2023 2022
Fixed assets
Investments 3 215,000 215,000
Current assets
Debtors 4 100 100
Cash at bank and in hand 6,632 6,632
6,732 6,732
Creditors: amounts falling due within one year 5 (45,121) (45,121)
Net current liabilities (38,389) (38,389)
Net assets 176,611 176,611
Capital and reserves
Share premium 200,139 200,139
Profit and loss account (23,528) (23,528)
Shareholder's funds 176,611 176,611
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 member has 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.
Nikol Jesipova
Director
Approved by the board on 18 September 2024
INVESTEL LTD
Notes to the Accounts
for the year ended 31 December 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).
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 0 0
3 Investments
Investments in
subsidiary Other
undertakings investments Total
Cost
At 1 January 2023 50,000 165,000 215,000
At 31 December 2023 50,000 165,000 215,000
4 Debtors 2023 2022
Trade debtors 100 100
5 Creditors: amounts falling due within one year 2023 2022
Bank loans and overdrafts 45,121 45,121
6 Other information
INVESTEL LTD is a private company limited by shares and incorporated in England. Its registered office is:
126 Aldersgate Street
London
EC1A 4Q
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