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Company Registration No. 04817742 (England and Wales)
Target Link Investments Ltd Unaudited accounts for the year ended 31 July 2024
Target Link Investments Ltd Unaudited accounts Contents
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Target Link Investments Ltd Company Information for the year ended 31 July 2024
Director
Bilgehan Ates
Company Number
04817742 (England and Wales)
Registered Office
114b Blackhorse Lane London E17 6AA
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Target Link Investments Ltd Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
2,900,000 
2,900,000 
Current assets
Debtors
207,987 
222,550 
Cash at bank and in hand
2,541 
3,675 
210,528 
226,225 
Creditors: amounts falling due within one year
(65,390)
(34,095)
Net current assets
145,138 
192,130 
Total assets less current liabilities
3,045,138 
3,092,130 
Creditors: amounts falling due after more than one year
(1,196,610)
(1,227,205)
Net assets
1,848,528 
1,864,925 
Capital and reserves
Called up share capital
100 
100 
Fair value reserve
468,729 
468,729 
Profit and loss account
1,379,699 
1,396,096 
Shareholders' funds
1,848,528 
1,864,925 
For the year ending 31 July 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 25 April 2025 and were signed on its behalf by
Bilgehan Ates Director Company Registration No. 04817742
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Target Link Investments Ltd Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Target Link Investments Ltd is a private company, limited by shares, registered in England and Wales, registration number 04817742. The registered office is 114b Blackhorse Lane, London, E17 6AA.
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 remained unchanged from the previous year, and also 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. The principal activity of the company is that of rental properties.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The company recognises revenue from services when all contractual obligations have been met.
Investment property
Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in nature, location, or condition of specific asset. No depreciation is provided. Charges in fair value are recognised in profit and loss.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they incurred.
Finance costs
Finance costs are charges to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
4
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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