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Registered Number: 08573122
England and Wales

 

 

 

BRITTANIA INVESTMENTS LTD


Abridged Accounts
 


Period of accounts

Start date: 27 June 2023

End date: 31 August 2024
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 3   15,830 
  15,830 
Current assets      
Debtors 6,911    15,544 
Cash at bank and in hand 1,652    3,363 
8,563    18,907 
Creditors: amount falling due within one year (118,045)   (101,528)
Net current assets (109,482)   (82,621)
 
Total assets less current liabilities (109,482)   (66,791)
Net assets (109,482)   (66,791)
 

Capital and reserves
     
Called up share capital 4 900    900 
Profit and loss account (110,382)   (67,691)
Shareholders' funds (109,482)   (66,791)
 


For the period ended 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 18 October 2024 and were signed by:


-------------------------------
Alexandros Theodosios KONTOS
Director
1
General Information
Brittania Investments Ltd is a private company, limited by shares, registered in England and Wales, registration number 08573122, registration address 1 Kings Avenue, London, N21 3NA.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Motor Vehicles 18% Reducing Balance
Computer Equipment 18% Reducing Balance
Assets on finance lease and hire purchase
Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.
2.

Average number of employees

Average number of employees during the period was 0 (2023 : 0).
3.

Tangible fixed assets

Cost or valuation Motor Vehicles   Computer Equipment   Total
  £   £   £
At 27 June 2023 17,980    3,521    21,501 
Additions    
Disposals (17,980)   (3,521)   (21,501)
At 31 August 2024    
Depreciation
At 27 June 2023    
Charge for period    
On disposals    
At 31 August 2024    
Net book values
Closing balance as at 31 August 2024    
Opening balance as at 27 June 2023 13,189    2,641    15,830 


4.

Share Capital

Allotted, called up and fully paid
2024
£
  2023
£
900 Class A shares of £1.00 each 900    900 
900    900 

2