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REGISTERED NUMBER: 00317568 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2023 TO 30 JUNE 2024

FOR

INVESTMENT ACQUISITION TRUST LIMITED

INVESTMENT ACQUISITION TRUST LIMITED (REGISTERED NUMBER: 00317568)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2023 TO 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

INVESTMENT ACQUISITION TRUST LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 APRIL 2023 TO 30 JUNE 2024







DIRECTORS: F N Silver
P J C Howe





REGISTERED OFFICE: Alders Farm
Ivy Lane
Great Brickhill
Milton Keynes
Buckinghamshire
MK17 9AH





REGISTERED NUMBER: 00317568 (England and Wales)





ACCOUNTANTS: Price Jones Partnership Ltd
Alders Farm, Ivy Lane
Great Brickhill
MK17 9AH

INVESTMENT ACQUISITION TRUST LIMITED (REGISTERED NUMBER: 00317568)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,323,333 2,323,461

CURRENT ASSETS
Cash at bank 2,911 6,178

CREDITORS
Amounts falling due within one year 5 332,656 305,363
NET CURRENT LIABILITIES (329,745 ) (299,185 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,993,588

2,024,276

CREDITORS
Amounts falling due after more than one year 6 - 61,750
NET ASSETS 1,993,588 1,962,526

CAPITAL AND RESERVES
Called up share capital 5,000 5,000
Retained earnings 1,988,588 1,957,526
SHAREHOLDERS' FUNDS 1,993,588 1,962,526

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

INVESTMENT ACQUISITION TRUST LIMITED (REGISTERED NUMBER: 00317568)

BALANCE SHEET - continued
30 JUNE 2024


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 Board of Directors and authorised for issue on 29 April 2025 and were signed on its behalf by:





F N Silver - Director


INVESTMENT ACQUISITION TRUST LIMITED (REGISTERED NUMBER: 00317568)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2023 TO 30 JUNE 2024

1. STATUTORY INFORMATION

Investment Acquisition Trust 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.

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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on cost

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2023 - 2 ) .

INVESTMENT ACQUISITION TRUST LIMITED (REGISTERED NUMBER: 00317568)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 30 JUNE 2024

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Computer
property property equipment Totals
£    £    £    £   
COST OR VALUATION
At 1 April 2023
and 30 June 2024 2,271,165 51,910 8,105 2,331,180
DEPRECIATION
At 1 April 2023 - - 7,719 7,719
Charge for period - - 128 128
At 30 June 2024 - - 7,847 7,847
NET BOOK VALUE
At 30 June 2024 2,271,165 51,910 258 2,323,333
At 31 March 2023 2,271,165 51,910 386 2,323,461

Included in cost or valuation of land and buildings is freehold land of £ 2,271,165 (2023 - £ 2,271,165 ) which is not depreciated.

Cost or valuation at 30 June 2024 is represented by:

Improvements
Freehold to Computer
property property equipment Totals
£    £    £    £   
Valuation in 2006 1,178,645 51,910 - 1,230,555
Valuation in 2007 826,588 - - 826,588
Valuation in 2011 (322,143 ) - 2,067 (320,076 )
Valuation in 2016 - - 5,523 5,523
Valuation in 2017 588,075 - - 588,075
Valuation in 2023 - - 515 515
2,271,165 51,910 8,105 2,331,180

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 1,178,645 1,178,645

Value of land in freehold land and buildings 1,178,645 1,178,645

Freehold land and buildings were valued on an open market basis on 30 June 2024 by the directors .

INVESTMENT ACQUISITION TRUST LIMITED (REGISTERED NUMBER: 00317568)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 30 JUNE 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 49,600 48,600
Trade creditors 1 1
Taxation and social security 7,316 8,545
Other creditors 275,739 248,217
332,656 305,363

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 61,750

7. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 49,600 110,350

The company's bank borrowings have been secured against its freehold properties

INVESTMENT ACQUISITION TRUST LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
INVESTMENT ACQUISITION TRUST LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the period ended 30 June 2024 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Price Jones Partnership Ltd
Alders Farm, Ivy Lane
Great Brickhill
MK17 9AH


Date: .............................................