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REGISTERED NUMBER: 11767531 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2024

FOR

MODUS VIVENDI INVESTMENTS LIMITED

MODUS VIVENDI INVESTMENTS LIMITED (REGISTERED NUMBER: 11767531)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30TH APRIL 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


MODUS VIVENDI INVESTMENTS LIMITED

COMPANY INFORMATION
for the Year Ended 30TH APRIL 2024







DIRECTORS: Mr M Edwards
Mrs R Edwards





REGISTERED OFFICE: 327 Clifton Drive South
Lytham St Annes
Lancashire
FY8 1HN





REGISTERED NUMBER: 11767531 (England and Wales)





ACCOUNTANTS: Whitehead & Howarth
327 Clifton Drive South
Lytham St Annes
Lancashire
FY8 1HN

MODUS VIVENDI INVESTMENTS LIMITED (REGISTERED NUMBER: 11767531)

ABRIDGED BALANCE SHEET
30TH APRIL 2024

30/4/24 30/4/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 35,055 46,740
Investments 5 33,274 33,274
Investment property 6 582,945 582,945
651,274 662,959

CURRENT ASSETS
Cash at bank 201,654 164,230

CREDITORS
Amounts falling due within one year 96,921 191,205
NET CURRENT ASSETS/(LIABILITIES) 104,733 (26,975 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

756,007

635,984

PROVISIONS FOR LIABILITIES 7,327 8,881
NET ASSETS 748,680 627,103

CAPITAL AND RESERVES
Called up share capital 7 1,002 1,002
Retained earnings 8 747,678 626,101
SHAREHOLDERS' FUNDS 748,680 627,103

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2024 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.

MODUS VIVENDI INVESTMENTS LIMITED (REGISTERED NUMBER: 11767531)

ABRIDGED BALANCE SHEET - continued
30TH APRIL 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30th April 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 24th January 2025 and were signed on its behalf by:





Mr M Edwards - Director


MODUS VIVENDI INVESTMENTS LIMITED (REGISTERED NUMBER: 11767531)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30TH APRIL 2024

1. STATUTORY INFORMATION

Modus Vivendi Investments Limited 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.

Turnover represents amounts receivable for the rental of the investment property

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance

No depreciation is provided on the investment car as the director considers it an appreciating asset.

Tangible fixed assets are initially recorded at historic cost and stated in the balance sheet at their net book value, being the amount of capital expenditure less accumulated depreciation.

Investment cars are stated at their open market value at the balance sheet date. Profits and losses arising on the revaluation of investment cars are credited or charged to profit and loss account.

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.

Investment properties are properties held to earn rentals and/or for capital appreciation. Investment properties are initially measured at cost, including transaction costs.

Subsequently investment properties are measured at fair value. Investment property valuations are based on an open market value. Deferred tax is provided on these movements. Gains and losses arising from changes in the fair value of investment properties are included in the Statement of Income and Retained Earnings in the period in which they arise.

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.


MODUS VIVENDI INVESTMENTS LIMITED (REGISTERED NUMBER: 11767531)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30TH APRIL 2024

2. ACCOUNTING POLICIES - continued
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 NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st May 2023
and 30th April 2024 47,734
DEPRECIATION
At 1st May 2023 994
Charge for year 11,685
At 30th April 2024 12,679
NET BOOK VALUE
At 30th April 2024 35,055
At 30th April 2023 46,740

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
30/4/24 30/4/23
£    £   
Investment vehicle 33,274 33,274

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st May 2023
and 30th April 2024 582,945
NET BOOK VALUE
At 30th April 2024 582,945
At 30th April 2023 582,945

The investment property is valued by the directors and is stated at fair value which is considered to be the open market value.

MODUS VIVENDI INVESTMENTS LIMITED (REGISTERED NUMBER: 11767531)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30TH APRIL 2024

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30/4/24 30/4/23
value: £    £   
501 Ordinary £1 501 501
501 Ordinary A £1 501 501
1,002 1,002

8. RESERVES
Retained
earnings
£   

At 1st May 2023 626,101
Profit for the year 190,277
Dividends (68,700 )
At 30th April 2024 747,678

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the period the director advanced funds amounting to £71,075 to the company and was repaid £189,368. The balance owed by the company at 30th April 2024 was £891 (2023: £119,184).

10. RELATED PARTY DISCLOSURES

During the year the company received dividends of £174,000 (2023: £160,000) and rental income of £26,000
(2023: £26,000) from Bakes & Cakes Limited, a subsidiary company.

Modus Vivendi Investments Limited at the year end owed £86,814 (2023: £70,108) to Bakes & Cakes Limited, this balance is included within Creditors.

11. ULTIMATE CONTROLLING PARTY

The Company is controlled by the directors.