Company No:
Contents
Note | 30.11.2023 | |
£ | ||
Fixed assets | ||
Investment property | 3 |
|
351,517 | ||
Current assets | ||
Cash at bank and in hand |
|
|
62 | ||
Creditors: amounts falling due within one year | 4 | (
|
Net current liabilities | (115,793) | |
Total assets less current liabilities | 235,724 | |
Creditors: amounts falling due after more than one year | 5 | (
|
Net liabilities | (
|
|
Capital and reserves | ||
Called-up share capital | 6 |
|
Profit and loss account | (
|
|
Total shareholder's deficit | (
|
Director's responsibilities:
The financial statements of Atre Investments Limited (registered number:
A E Tozzi
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.
Atre Investments Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 19 Gipsy Hill, London, 19 Gipsy Hill, London, SE19 1QG, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
The director has assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The director notes that the business has net liabilities of £54. The Company is supported through loans from the director. The director has confirmed that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the director will continue to support the Company. Given the current position, the director believes that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
Period from 25.11.2022 to 30.11.2023 |
|
Number | |
Monthly average number of persons employed by the Company during the period, including the director |
|
Investment property | |
£ | |
Valuation | |
As at 25 November 2022 |
|
Additions | 351,517 |
As at 30 November 2023 |
|
Valuation
The director has reviewed the valuation of the property and considers it to be appropriate for the 2023 accounts.
Historic cost
If the investment properties had been accounted for under the cost accounting rules, the properties would have been measured as follows:
30.11.2023 | |
£ | |
Historic cost | 351,517 |
30.11.2023 | |
£ | |
Amounts owed to director |
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Accruals |
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|
30.11.2023 | |
£ | |
Bank loans (secured) |
|
30.11.2023 | |
£ | |
Allotted, called-up and fully-paid | |
|
|
Transactions with the entity's director
30.11.2023 | |
£ | |
Amounts owed to directors | 112,855 |
This loan is interest free and has no fixed date for repayment