Company Registration No. 07878717 (England and Wales)
Stateinvest Limited
Unaudited accounts
for the period from 30 December 2022 to 31 December 2023
Stateinvest Limited
Unaudited accounts
Contents
Stateinvest Limited
Company Information
for the period from 30 December 2022 to 31 December 2023
Company Number
07878717 (England and Wales)
Registered Office
115 Craven Park Road
London
N15 6BL
England
Accountants
MAP Accounting Limited
26 Oakfield Avenue
Harrow
HA3 8TJ
Stateinvest Limited
Statement of financial position
as at 31 December 2023
Investment property
637,348
637,348
Debtors
4,259,386
4,319,075
Cash at bank and in hand
33
16
Creditors: amounts falling due within one year
(28,211)
(21,665)
Net current assets
4,231,208
4,297,426
Total assets less current liabilities
4,868,556
4,934,774
Creditors: amounts falling due after more than one year
(3,978,903)
(4,019,779)
Net assets
889,653
914,995
Called up share capital
1
1
Revaluation reserve
128,115
128,115
Profit and loss account
761,537
786,879
Shareholders' funds
889,653
914,995
For the period ending 31 December 2023 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 15 July 2025 and were signed on its behalf by
Joel Fried
Director
Company Registration No. 07878717
Stateinvest Limited
Notes to the Accounts
for the period from 30 December 2022 to 31 December 2023
Stateinvest Limited is a private company, limited by shares, registered in England and Wales, registration number 07878717. The registered office is 115 Craven Park Road, London, N15 6BL, 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 principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
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.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Fair value at 30 December 2022
637,348
At 31 December 2023
637,348
Fair value at 29 December 2022 is represented by:
£
Valuation in 2012 284,643
Valuation in 2013 1,162,637
Valuation in 2015 (558,569 )
Valuation in 2016 (400,711 )
Valuation in 2019 (359,885 )
Cost 509,233
637,348
Stateinvest Limited
Notes to the Accounts
for the period from 30 December 2022 to 31 December 2023
Amounts falling due within one year
Other debtors
517,714
576,802
Amounts falling due after more than one year
Other debtors
3,736,540
3,736,540
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
17,825
17,825
Other creditors
10,386
3,840
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
304,338
345,214
Other creditors
3,674,565
3,674,565
The ultimate controlling party is D Biton.
9
Average number of employees
During the period the average number of employees was 0 (2022: 0).