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REGISTERED NUMBER: 10543757 (England and Wales)












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: Mr B W Ritchie
Mr J S D A Rust



SECRETARY: Mr J S D A Rust



REGISTERED OFFICE: 19-20 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD



REGISTERED NUMBER: 10543757 (England and Wales)



SENIOR STATUTORY AUDITOR: Mr John Lee BA FCA



AUDITORS: Xeinadin Audit Limited
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 3,985,672 3,985,672

CURRENT ASSETS
Debtors 675,138 675,138

CREDITORS
Amounts falling due within one year 4,678,070 4,671,150
NET CURRENT LIABILITIES (4,002,932 ) (3,996,012 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(17,260

)

(10,340

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (17,360 ) (10,440 )
(17,260 ) (10,340 )

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 Income Statement and an abridged Balance Sheet for the period ended 31 December 2023 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 21 March 2025 and were signed on its behalf by:





Mr J S D A Rust - Director


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 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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.

Mr John Lee BA FCA (Senior Statutory Auditor)
for and on behalf of Xeinadin Audit Limited

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.