Company Number: 15310117

 

 

 

 

 

 

 

 

 

NIEGOCIN INVEST LTD

 

 

 

Start date: 27 November 2023

 

End date: 30 November 2024

Niegocin Invest Ltd

 

Company number: 15310117

 

Registered office: 71-75 Shelton Street, Covent Garden, London, United Kingdom, WC2H 9JQ

 

For the period ended 30 November 2024

 

Company Information

 

Director: Julien Francis Donadio

 

Registered Office: 71-75 Shelton Street, Covent Garden, London, United Kingdom, WC2H 9JQ

 

Company Number: 15310117

 

Director's Report

 

The director presents the report and financial statements for the period from 27 November 2023 to 30 November 2024.

 

Principal activity

 

The company's principal activity during the period was that of a holding company. It holds shares in a Romanian entity, Ardenne Agro SRL, which is currently undergoing bankruptcy proceedings.

 

Business review and future developments

 

The company did not undertake any trading activities during the period. Its primary asset remains the investment in Ardenne Agro SRL. The directors are monitoring the bankruptcy process and will assess the impact on the investment's value in future periods.

 

Dividends

 

No dividends were declared or paid during the period.

 

Director

 

The director who served during the period was: Julien Francis Donadio

 

Statement of director's responsibilities

 

The director is responsible for preparing the financial statements in accordance with applicable law and regulations. Company law requires the director to prepare financial statements for each financial period which give a true and fair view of the state of affairs of the company.

 

These financial statements were approved by the director and authorised for issue on May 2nd 2025.

 

 

 

Signed:

Julien Francis Donadio

Director

Niegocin Invest Ltd

 

Balance Sheet

 

Item

£

 

 

Fixed assets

 

 

 

- Investments (Subsidiaries shares)

73.29

 

 

Current assets

 

 

 

- Loan to subsidiary

596.83

 

 

- GBP Account

74.24

 

 

- Petty Cash

1.00

 

 

Total assets

745.36

 

 

Creditors: Director's Capital Introduced

(3,064.01)

 

 

Net liabilities

(2,319.65)

 

 

Capital and reserves

 

 

 

- Share capital

1.00

 

 

- Retained earnings (loss)

(2,319.65)

 

 

Total equity

(2,318.65)

Niegocin Invest Ltd

 

Notes to the Financial Statements

 

1.     Accounting Policies

 

The financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A and the Companies Act 2006. The accounts are prepared under the historical cost convention. The principal accounting policies are:

-

Investments are stated at cost less any provision for impairment.

-

Loans receivable are stated at amortised cost less any provision for impairment.

 

2.     Investment in Subsidiary

 

The company holds an equity interest in Ardenne Agro SRL, a company registered in Romania. Ardenne Agro SRL is currently undergoing bankruptcy proceedings. The investment is stated at cost and has not been impaired, as the directors believe that some value may be recoverable depending on the outcome of the liquidation.

 

Subsidiary Name

Country

Class of Shares

Holding

Carrying Value

Ardenne Agro SRL

Romania

Ordinary

100

£73.29

 

3.     Loans to Group Undertakings

 

As of the balance sheet date, a loan of £596.83 was outstanding from Ardenne Agro SRL. The directors are monitoring the liquidation process and have determined that no impairment is required at this stage, as partial recovery of the loan remains possible.

 

4.     Called-up Share Capital

 

The company has issued 1 ordinary share of £1, fully paid.

 

5.     Related Party Transactions

 

No related party transactions occurred during the period.

 

6.     Employees

 

The company had no employees during the period other than the sole director.