2023-06-012024-05-312024-05-31false13419060ETKIN INVESTMENTS 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ETKIN INVESTMENTS LIMITED

Registered Number
13419060
(England and Wales)

Unaudited Financial Statements for the Year ended
31 May 2024

ETKIN INVESTMENTS LIMITED
Company Information
for the year from 1 June 2023 to 31 May 2024

Director

Gregory Etkin

Registered Address

127 High Street Wanstead
London
E11 2RL

Registered Number

13419060 (England and Wales)
ETKIN INVESTMENTS LIMITED
Statement of Financial Position
31 May 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Investments31,586,1961,082,069
1,586,1961,082,069
Current assets
Cash at bank and on hand6257
6257
Creditors amounts falling due within one year(1,640,002)(1,135,001)
Net current assets (liabilities)(1,639,996)(1,134,744)
Total assets less current liabilities(53,800)(52,675)
Net assets(53,800)(52,675)
Capital and reserves
Called up share capital11
Profit and loss account(53,801)(52,676)
Shareholders' funds(53,800)(52,675)
The financial statements were approved and authorised for issue by the Director on 14 May 2025, and are signed on its behalf by:
Gregory Etkin
Director
Registered Company No. 13419060
ETKIN INVESTMENTS LIMITED
Notes to the Financial Statements
for the year ended 31 May 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
2.Average number of employees

20242023
Average number of employees during the year11
3.Fixed asset investments

Total

£
Cost or valuation
At 01 June 231,082,069
Additions1,451,453
Disposals(947,326)
At 31 May 241,586,196
Net book value
At 31 May 241,586,196
At 31 May 231,082,069