REGISTERED NUMBER: |
FINANCIAL STATEMENTS |
FOR THE PERIOD |
31 DECEMBER 2022 TO 31 DECEMBER 2023 |
FOR |
RESI INVEST LIMITED |
REGISTERED NUMBER: |
FINANCIAL STATEMENTS |
FOR THE PERIOD |
31 DECEMBER 2022 TO 31 DECEMBER 2023 |
FOR |
RESI INVEST LIMITED |
RESI INVEST LIMITED (REGISTERED NUMBER: 10543757) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the period 31 December 2022 to 31 December 2023 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
RESI INVEST LIMITED |
COMPANY INFORMATION |
for the period 31 December 2022 to 31 December 2023 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
SENIOR STATUTORY AUDITOR: |
AUDITORS: |
8th Floor, Becket House |
36 Old Jewry |
London |
EC2R 8DD |
RESI INVEST LIMITED (REGISTERED NUMBER: 10543757) |
ABRIDGED BALANCE SHEET |
31 December 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investments | 4 |
CURRENT ASSETS |
Debtors |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) | ( |
) |
( |
) | ( |
) |
The financial statements were approved by the Board of Directors and authorised for issue on |
RESI INVEST LIMITED (REGISTERED NUMBER: 10543757) |
NOTES TO THE FINANCIAL STATEMENTS |
for the period 31 December 2022 to 31 December 2023 |
1. | STATUTORY INFORMATION |
Resi Invest Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The accounts have been prepared on the going concern basis as the directors are of the opinion that the company will meet its liabilities as and when due, due to the continued support of the directors and other group companies. |
Short term debtors and creditors |
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account. |
Fixed asset investments |
Fixed asset investments are valued at cost less provision for impairment. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL (2022 - NIL). |
4. | FIXED ASSET INVESTMENTS |
Information on investments other than loans is as follows: |
Totals |
£ |
COST |
At 31 December 2022 |
and 31 December 2023 | 3,985,672 |
NET BOOK VALUE |
At 31 December 2023 | 3,985,672 |
At 30 December 2022 | 3,985,672 |
5. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
The Report of the Auditors was unqualified. |
for and on behalf of |
RESI INVEST LIMITED (REGISTERED NUMBER: 10543757) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the period 31 December 2022 to 31 December 2023 |
6. | RELATED PARTY DISCLOSURES |
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
At the balance sheet date, the company was owed £674,898 (2022 - £674,898) by Marmalade Holdings Investments Limited, a company in which this company is a shareholder. |
7. | FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES |
In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements. |
8. | ULTIMATE CONTROLLING PARTY |
The company was controlled throughout the current and previous year by Mr B W Ritchie, a director, by virtue of his ownership of the entire issued share capital of Residential Land Holdings Limited. |