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REGISTERED NUMBER: 08493690 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 JULY 2024

FOR

ANDREW COLIN INVESTMENTS LIMITED

ANDREW COLIN INVESTMENTS LIMITED (REGISTERED NUMBER: 08493690)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ANDREW COLIN INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29 JULY 2024







DIRECTOR: V Gupta





REGISTERED OFFICE: One Gloucester Place
Brighton
East Sussex
BN1 4AA





REGISTERED NUMBER: 08493690 (England and Wales)





ACCOUNTANTS: Galloways Accounting (Hove) Limited
15 West Street
Brighton
East Sussex
BN1 2RL

ANDREW COLIN INVESTMENTS LIMITED (REGISTERED NUMBER: 08493690)

BALANCE SHEET
29 JULY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 3 12,902,839 13,029,499

CURRENT ASSETS
Debtors 4 786 748
Cash at bank 76,184 47,650
76,970 48,398
CREDITORS
Amounts falling due within one year 5 138,006 154,335
NET CURRENT LIABILITIES (61,036 ) (105,937 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,841,803

12,923,562

CAPITAL AND RESERVES
Called up share capital 1 1
Revaluation reserve 6 5,365,181 4,925,410
Retained earnings 6 7,476,621 7,998,151
SHAREHOLDERS' FUNDS 12,841,803 12,923,562

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 July 2024 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.

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 2 April 2025 and were signed by:





V Gupta - Director


ANDREW COLIN INVESTMENTS LIMITED (REGISTERED NUMBER: 08493690)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 JULY 2024

1. 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 represents the recognised gains on the sale of investments during the year, dividends and interest due from the investments held. Turnover is recognised when the investment has been fully disposed of or when the other income has been received.

Fixed asset investments
Fixed asset investments are made up of holdings in various trusts and companies. These are included originally at their purchase costs and are revalued monthly to the ascertainable market value.
The movements, due to market value, are taken to the revaluation reserve. Decreases in market value are taken to the revaluation reserve to the extent at which previous increased valuations are available.
Any impairments below the original cost of the investment are taken through the profit and loss account.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

3. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 30 July 2023 13,029,499
Additions 1,553,956
Disposals (1,681,412 )
Revaluations 796
At 29 July 2024 12,902,839
NET BOOK VALUE
At 29 July 2024 12,902,839
At 29 July 2023 13,029,499

Cost or valuation at 29 July 2024 is represented by:

Other
investments
£   
Valuation in 2015 1,745,698
Valuation in 2016 4,151,082
Valuation in 2017 5,873,918
Valuation in 2018 4,388,526
Valuation in 2019 2,703,927
Valuation in 2020 (6,595,537 )
Valuation in 2021 3,804,098
Valuation in 2022 (2,793,588 )
Valuation in 2023 (248,625 )
Valuation in 2024 (126,660 )
12,902,839

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Prepayments 786 748

ANDREW COLIN INVESTMENTS LIMITED (REGISTERED NUMBER: 08493690)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 JULY 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 32,986
Trade creditors 786 -
Tax - 1,278
Accrued expenses 137,220 120,071
138,006 154,335

6. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 30 July 2023 7,998,150 4,925,410 12,923,560
Deficit for the year (29,846 ) (29,846 )
Dividends (633,623 ) (633,623 )
Revaluation in year 141,940 403,090 545,030
Revaluation on disposal - 36,681 36,681
At 29 July 2024 7,476,621 5,365,181 12,841,802

7. ULTIMATE CONTROLLING PARTY

The controlling party is V Gupta.

Andrew Colin is the controlling party by virtue of his 100% shareholding.