NAOMI TESTLER INVESTMENTS LIMITED
REGISTERED NUMBER: 12415483
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024
Notes
Naomi Testler Investments Limited is a private company limited by shares, incorporated in England and Wales. The registered number is 12415483 and the registered office is 24 Old Bond Street, London, W1S 4AP.
Average number of employees
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The average monthly number of employees, including directors, during the year was 1 (2023 - 1).
Investment Property
The investment property represents the freehold of a residential property which was purchased from a connected company, by virtue of having common directors, for £NIL. The freehold has been valued between £NIL and £100,000. The leasehold relating to the property has a term of 125 years which has 122 years left to expiry.
Related Party Transactions
During the year the company operated a loan account with a connected company, by virtue of having common directors. The balance due from the connected company at the year was £23,138 (2023 - £28,143). The balance is repayable on demand and no interest has been charged.
The company received £NIL in ground rent (2023 - £NIL) during the year from a connected company, by virtue of having common directors .
The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to entities subject to the micro-entities' regime.
The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
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