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Company Registration No. 15011045 (England and Wales)
Greenwich Investments London Limited Unaudited accounts for the period from 18 July 2023 to 30 June 2024
Greenwich Investments London Limited Unaudited accounts Contents
Page
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Greenwich Investments London Limited Company Information for the period from 18 July 2023 to 30 June 2024
Director
X Lita
Company Number
15011045 (England and Wales)
Registered Office
STANDARD HOUSE 107-115 EASTMOOR STREET LONDON SE7 8LX ENGLAND
Accountants
Valuemaven Business Services (UK) Limited 7 Lita Mews Romford London RM1 3FG
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Greenwich Investments London Limited Statement of financial position as at 30 June 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
2,603,095 
Current assets
Debtors
97,501 
Creditors: amounts falling due within one year
(1,214,437)
Net current liabilities
(1,116,936)
Total assets less current liabilities
1,486,159 
Creditors: amounts falling due after more than one year
(1,625,000)
Net liabilities
(138,841)
Capital and reserves
Called up share capital
1 
Profit and loss account
(138,842)
Shareholders' funds
(138,841)
For the period ending 30 June 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 April 2025 and were signed on its behalf by
X Lita Director Company Registration No. 15011045
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Greenwich Investments London Limited Notes to the Accounts for the period from 18 July 2023 to 30 June 2024
1
Statutory information
Greenwich Investments London Limited is a private company, limited by shares, registered in England and Wales, registration number 15011045. The registered office is STANDARD HOUSE 107-115 EASTMOOR STREET, LONDON, SE7 8LX, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% per annum
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Going concern
The company received continued support from its parent and director believe the company will continue to trade as a going concern.
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Greenwich Investments London Limited Notes to the Accounts for the period from 18 July 2023 to 30 June 2024
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 18 July 2023
- 
Additions
2,603,095 
At 30 June 2024
2,603,095 
Depreciation
At 30 June 2024
- 
Net book value
At 30 June 2024
2,603,095 
5
Debtors
2024 
£ 
Amounts falling due within one year
Other debtors
97,501 
6
Creditors: amounts falling due within one year
2024 
£ 
Amounts owed to group undertakings and other participating interests
1,206,382 
Other creditors
7,055 
Accruals
1,000 
1,214,437 
7
Creditors: amounts falling due after more than one year
2024 
£ 
Bank loans
1,625,000 
8
Transactions with related parties
Other creditor includes amount payable of £1,206,382 to Lita Homes Limited. The company in which Mr Lita is the director and controlling shareholder.
9
Controlling party
Greenwich Investments London Limited is the wholly owned subsidiary of Lita Homes Limited. The ultimate controlling party is Mr X Lita by virtue of holding controlling shareholding of Lita Homes Limited.
10
Average number of employees
During the period the average number of employees was 1.
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