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REGISTERED NUMBER: 10601000 (England and Wales)






























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

FISCHER INVESTMENTS LIMITED

FISCHER INVESTMENTS LIMITED (REGISTERED NUMBER: 10601000)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FISCHER INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: Mrs MA Bastian
Mr KC Bastian





REGISTERED OFFICE: 5 Merchant Square
London
W2 1AY





REGISTERED NUMBER: 10601000 (England and Wales)

FISCHER INVESTMENTS LIMITED (REGISTERED NUMBER: 10601000)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 973,496 960,447
Investment property 5 10,572,962 5,790,740
11,546,458 6,751,187

CURRENT ASSETS
Debtors 6 22,683,842 6,992,958
Cash at bank 582,376 16,602
23,266,218 7,009,560
CREDITORS
Amounts falling due within one year 7 31,029,445 10,027,655
NET CURRENT LIABILITIES (7,763,227 ) (3,018,095 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,783,231

3,733,092

CREDITORS
Amounts falling due after more than one
year

8

-

(841,750

)

PROVISIONS FOR LIABILITIES (116,189 ) -
NET ASSETS 3,667,042 2,891,342

CAPITAL AND RESERVES
Called up share capital 3,000,002 3,000,002
Revaluation reserve 10 344,920 -
Retained earnings 322,120 (108,660 )
3,667,042 2,891,342

FISCHER INVESTMENTS LIMITED (REGISTERED NUMBER: 10601000)

BALANCE SHEET - continued
30 JUNE 2024


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

The members have not required the company to obtain an audit of its financial statements for the year 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.

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 24 June 2025 and were signed on its behalf by:





Mr KC Bastian - Director


FISCHER INVESTMENTS LIMITED (REGISTERED NUMBER: 10601000)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

Fischer Investments 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year 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 year 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.

Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3. EMPLOYEES AND DIRECTORS

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

FISCHER INVESTMENTS LIMITED (REGISTERED NUMBER: 10601000)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 July 2023 960,447
Additions 329,423
Disposals (316,107 )
Revaluations (267 )
At 30 June 2024 973,496
NET BOOK VALUE
At 30 June 2024 973,496
At 30 June 2023 960,447

Cost or valuation at 30 June 2024 is represented by:

Other
investments
£   
Valuation in 2024 (267 )
Cost 973,763
973,496

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023 5,790,740
Additions 4,321,113
Revaluations 461,109
At 30 June 2024 10,572,962
NET BOOK VALUE
At 30 June 2024 10,572,962
At 30 June 2023 5,790,740

Fair value at 30 June 2024 is represented by:
£   
Valuation in 2024 464,755
Cost 10,108,207
10,572,962

FISCHER INVESTMENTS LIMITED (REGISTERED NUMBER: 10601000)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


5. INVESTMENT PROPERTY - continued

If investment properties had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 10,786,881 5,790,740

Investment properties were valued on an open market basis basis on by the directors .

6. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Other debtors 22,631,242 6,940,358

Amounts falling due after more than one year:
Other debtors 52,600 52,600

Aggregate amounts 22,683,842 6,992,958

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 517,500
Trade creditors 42,747 31,487
Taxation and social security 187,031 487,728
Other creditors 30,799,667 8,990,940
31,029,445 10,027,655

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 841,750

9. SECURED DEBTS

The bank loans are secured by fixed charges over the properties they relate to.

The repayment of the loans are secured by personal guarantees given by the directors.

FISCHER INVESTMENTS LIMITED (REGISTERED NUMBER: 10601000)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


10. RESERVES
Revaluation
reserve
£   
Transfer to/from revaluation
reserve 344,920

At 30 June 2024 344,920

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 June 2024 and 30 June 2023:

2024 2023
£    £   
Mr KC Bastian and Mrs MA Bastian
Balance outstanding at start of year 4,732,632 3,291,496
Amounts advanced 15,377,075 1,441,136
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 20,109,707 4,732,632