2021-09-08 13610796 2022-09-30 13610796 2021-09-08 2022-09-30 13610796 uk-core:WithinOneYear 2022-09-30 13610796 uk-core:AfterOneYear 2022-09-30 13610796 uk-core:ShareCapital 2022-09-30 13610796 uk-core:RetainedEarningsAccumulatedLosses 2022-09-30 13610796 uk-bus:Director1 2021-09-08 2022-09-30 13610796 uk-core:AdditionsToInvestments 2022-09-30 13610796 uk-core:AdditionsToInvestments uk-core:Non-currentFinancialInstruments 2022-09-30 13610796 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2022-09-30 13610796 uk-core:CostValuation 2022-09-30 13610796 uk-core:Non-currentFinancialInstruments 2022-09-30 13610796 uk-core:WithinOneYear uk-core:Secured 2022-09-30 13610796 uk-core:AfterOneYear 2021-09-08 2022-09-30 iso4217:GBP xbrli:pure 13610796 uk-bus:AuditExemptWithAccountantsReport 2021-09-08 2022-09-30 13610796 uk-bus:FRS102 2021-09-08 2022-09-30 13610796 uk-bus:FilletedAccounts 2021-09-08 2022-09-30 13610796 uk-bus:PrivateLimitedCompanyLtd 2021-09-08 2022-09-30
917 Investments Limited
Registered Number:13610796
For the period ended 30 September 2022
England and Wales
Unaudited Financial Statements
2
For the period ended 30 September 2022
917 Investments Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
13610796
As at 30 September 2022
917 Investments Limited
Statement of Financial Position
£
2022
Notes
Fixed assets
Financial assets
13,100,000
2
13,100,000
Current assets
Trade and other receivables
110,500
3
Cash and cash equivalents
1,644
112,144
Trade and other payables: amounts falling due within one
year
(5,939,900)
4
(5,827,756)
Net current liabilities
Total assets less current liabilities
7,272,244
Trade and other payables: amounts falling due after more
than one year
(7,310,000)
5
(37,756)
Net assets/liabilities
Capital and reserves
Called up share capital
100
Retained earnings
(37,856)
(37,756)
Shareholders' funds
For the period ended 30 September 2022 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2022 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
S F Ramos Director
These financial statements were approved and authorised for issue by the Board on 27 March 2025 and were signed by:
The notes form part of these financial statements
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4
For the period ended 30 September 2022
917 Investments Limited
Notes to the Financial Statements
Statutory Information
917 Investments Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 13610796.
Registered address:
Queens Court
9 - 17 Eastern Road
Romford
England
RM1 3NH
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts or rebates.
Going Concern
The directors confirm that, in their considered opinion, the company is able to continue trading for the foreseeable
future and for at least one year from the date of these accounts. In arriving at this opinion, the directors have
considered the company's current financial position, its current level of activity and all other relevant information.
Valuation of investment
Investments in subsidiaries are measured at cost.
Consolidation
The company and it's subsidiary comprise a small group. The company has therefore taken advantage of the
exemption provided by section 398 of the Companies Act 2006, not to prepare group accounts.
2. Investments held as fixed assets
Shares in group and participating interests
Total
Cost
£
£
13,100,000
13,100,000
Additions
At 30 September 2022
13,100,000
13,100,000
At 30 September 2022
Net book value
13,100,000
13,100,000
The subsidiary company, Right Choice Property Holdings Limited is 100% owned.
It is a trading company and is registered and incorporated in England and Wales.
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5
For the period ended 30 September 2022
917 Investments Limited
Notes to the Financial Statements Continued
3. Trade and other receivables
2022
£
Amounts owed by group undertakings and participating interests
110,400
Other debtors
100
110,500
4. Trade and other payables: amounts falling due within one year
2022
£
Bank loans and overdraft (secured)
280,000
Amounts owed to group undertaking and undertaking in which the
company has a participating interest
5,657,500
Other creditors
2,400
5,939,900
5. Trade and other payables: amounts falling due after more than one year
2022
£
Bank loans and overdraft (secured)
7,310,000
-
Mizrahi Tefahot Bank Limited hold 3 separate charges at the period end.All 3 include fixed charges and negative pledges.One also includes a floating charge which covers the property or undertaking of the company.Corporate guarantee, legal mortgage and personal guarantees by the directors.
6. Related party transactions
The company is under the effective control of its directors.
The company has taken advantage of the exemption available under FRS102, whereby it has not disclosed
transactions with wholly owned subsidiary undertakings.
7. Average number of persons employed
During the period the average number of employees was 2
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