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REGISTERED NUMBER: 07406543 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

EDRA INVESTMENTS LTD

EDRA INVESTMENTS LTD (REGISTERED NUMBER: 07406543)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023




Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


EDRA INVESTMENTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTOR: R Celli





REGISTERED OFFICE: Ground Floor
1-2 Craven Road
London
W5 2UA





REGISTERED NUMBER: 07406543 (England and Wales)





ACCOUNTANTS: Johnsons, Chartered Accountants
1-2 Craven Road
Ealing
London
W5 2UA

EDRA INVESTMENTS LTD (REGISTERED NUMBER: 07406543)

BALANCE SHEET
31 OCTOBER 2023

2023 2022
Notes £    £   
FIXED ASSETS
Investment property 4 1,200,327 798,976

CURRENT ASSETS
Debtors 5 19,943 -
Cash at bank 3,169 7,615
23,112 7,615
CREDITORS
Amounts falling due within one year 6 (556,168 ) (540,938 )
NET CURRENT LIABILITIES (533,056 ) (533,323 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

667,271

265,653

CREDITORS
Amounts falling due after more than one
year

7

(300,834

)

(300,834

)
NET ASSETS/(LIABILITIES) 366,437 (35,181 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 366,436 (35,182 )
366,437 (35,181 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

EDRA INVESTMENTS LTD (REGISTERED NUMBER: 07406543)

BALANCE SHEET - continued
31 OCTOBER 2023


The 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.

The financial statements were approved by the director and authorised for issue on 4 February 2025 and were signed by:





R Celli - Director


EDRA INVESTMENTS LTD (REGISTERED NUMBER: 07406543)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1. STATUTORY INFORMATION

Edra Investments Ltd 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 as modified by the revaluation of certain assets.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

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.

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 (2022 - NIL).

EDRA INVESTMENTS LTD (REGISTERED NUMBER: 07406543)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2022 798,976
Additions 16,343
Revaluations 385,008
At 31 October 2023 1,200,327
NET BOOK VALUE
At 31 October 2023 1,200,327
At 31 October 2022 798,976

Fair value at 31 October 2023 is represented by:
£   
Valuation in 2023 1,200,327

If investment property had not been revalued it would have been included at the following historical cost:

2023 2022
£    £   
Cost 783,000 -
Aggregate depreciation (56,000 ) -

Investment property was valued on an open market basis on 31 October 2023 by the director .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 19,943 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 2,160 -
Other creditors 554,008 540,938
556,168 540,938

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 300,834 300,834

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 300,834 300,834