Liverpool Investment Group Limited Accounts






Liverpool Investment Group Limited

	Company No. 12233111
		Information for Filing with The Registrar
		30 September 2024

The Directors present their report and the accounts for the year ended 30 September 2024.

Principal activities
The principal activity of the company during the year under review was property investor.




Directors

The Directors who served at any time during the year were as follows:

J. Criss
JSM Holdings Group Limited








































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

J. Criss
Director
20 March 2025

at	30 September 2024
Company No.		12233111	Notes	2024	2023
				£	£
Fixed assets


	Investment property		4	7,192,753	7,192,753

				7,192,753	7,192,753
Current assets

	Debtors		5	169,184	8,682

	Cash at bank and in hand			90,430	64,639
				259,614	73,321
Creditors: Amount falling due within one year			6	(193,669)	(99,549)
Net current assets/(liabilities)				65,945	(26,228)
Total assets less current liabilities				7,258,698	7,166,525
Creditors: Amounts falling due after more than one year			7	(4,208,475)	(4,465,341)
Provisions for liabilities
	Deferred taxation			(374,619)	(374,619)

Net assets				2,675,604	2,326,565

Capital and reserves
	Called up share capital			200	200



	Profit and loss account		9	2,675,404	2,326,365

Total equity				2,675,604	2,326,565



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 30 September 2024 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 in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 20 March 2025 and signed on its behalf by:
J. Criss
Director
20 March 2025

for the year ended 30 September 2024

General information

Liverpool Investment Group Limited is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 12233111

Its registered office is:

7 Union Court

Liverpool

L2 4SJ

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Turnover

Turnover in the year is rents receivable from Investment Properties.

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Freehold investment property

Investment properties are revalued annually and any surplus or deficit is dealt with through the profit and loss account.

No depreciation is provided in respect of investment properties.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
			2024	2023
			Number	Number
		The average monthly number of employees (including directors) during the year was:	0	0

4	Investment property
			Freehold Investment Property
			£
		Valuation
		At 1 October 2023	7,192,753



		At 30 September 2024	7,192,753

5	Debtors
			2024	2023
			£	£
		Trade debtors	16,672	8,682





		Other debtors	152,512	-

			169,184	8,682

6	Creditors:
		amounts falling due within one year
			2024	2023
			£	£

		Bank loans and overdrafts	64,415	18,963




		Taxes and social security	127,454	78,885


		Accruals and deferred income	1,800	1,701
			193,669	99,549

7	Creditors:
		amounts falling due after more than one year
			2024	2023
			£	£

		Bank loans and overdrafts	3,362,308	3,472,174




		Other creditors	846,167	993,167

			4,208,475	4,465,341

Share Capital

200 Ordinary Shares are allocated, called up and fully paid.

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

Related party disclosures

Transactions with related parties

JSM Holdings Group Limited is a 50% shareholder and is owed £423,083 at 30 September 2024.
The Castle Collection Limited is a 50% shareholder and is owed £423,083 at 30 September 2024.