Company Registration No. 08262831 (England and Wales)
Net Investments Ltd
Unaudited accounts
for the year ended 31 October 2024
Net Investments Ltd
Company Information
for the year ended 31 October 2024
Company Number
08262831 (England and Wales)
Registered Office
20 Seymour Road
St. Albans
AL3 5HW
England
Net Investments Ltd
Statement of financial position
as at 31 October 2024
Tangible assets
74,683
74,683
Cash at bank and in hand
80,456
80,800
Creditors: amounts falling due within one year
(33,139)
(33,139)
Net current assets
47,317
47,661
Total assets less current liabilities
122,000
122,344
Creditors: amounts falling due after more than one year
(115,927)
(115,927)
Called up share capital
2
2
Profit and loss account
6,071
6,415
Shareholders' funds
6,073
6,417
For the year ending 31 October 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 27 May 2025 and were signed on its behalf by
Vahid Tabatabai
Director
Company Registration No. 08262831
Net Investments Ltd
Notes to the Accounts
for the year ended 31 October 2024
Net Investments Ltd is a private company, limited by shares, registered in England and Wales, registration number 08262831. The registered office is 20 Seymour Road, St. Albans, AL3 5HW, 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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Fixtures & fittings
4 Years
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 November 2023
74,683
5,953
80,636
At 31 October 2024
74,683
5,953
80,636
At 1 November 2023
-
5,953
5,953
At 31 October 2024
-
5,953
5,953
At 31 October 2024
74,683
-
74,683
At 31 October 2023
74,683
-
74,683
5
Creditors: amounts falling due within one year
2024
2023
Other creditors
3,336
3,336
Loans from directors
29,803
29,803
6
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
115,927
115,927
Net Investments Ltd
Notes to the Accounts
for the year ended 31 October 2024
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).