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REGISTERED NUMBER: 10452108 (England and Wales)









Financial Statements

for the Year Ended 31 October 2024

for

Consolidated London Investments Ltd

Consolidated London Investments Ltd (Registered number: 10452108)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Consolidated London Investments Ltd

Company Information
for the Year Ended 31 October 2024







DIRECTORS: M K Rodwell
Mrs L C Sidoli





REGISTERED OFFICE: c/o Parker Cavendish, Suite 301,
Stanmore Business and Innovation Centre
Howard Road
Stanmore
Middlesex
HA7 1FW





REGISTERED NUMBER: 10452108 (England and Wales)





ACCOUNTANTS: Parker Cavendish
Chartered Accountants
Suite 301, Stanmore Business
and Innovation Centre
Howard Road
Stanmore
Middlesex
HA7 1FW

Consolidated London Investments Ltd (Registered number: 10452108)

Statement of Financial Position
31 October 2024

2024 2023
as restated
Notes £    £   
FIXED ASSETS
Investments 4 6,129,951 6,229,950

CURRENT ASSETS
Debtors 5 73,871,289 66,048,425
Cash at bank and in hand 11,050,064 104,342
84,921,353 66,152,767
CREDITORS
Amounts falling due within one year 6 (84,915,284 ) (66,314,084 )
NET CURRENT ASSETS/(LIABILITIES) 6,069 (161,317 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,136,020

6,068,633

CAPITAL AND RESERVES
Called up share capital 100 100
Other reserves 6,128,904 6,128,904
Retained earnings 7,016 (60,371 )
6,136,020 6,068,633

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 July 2025 and were signed on its behalf by:





M K Rodwell - Director


Consolidated London Investments Ltd (Registered number: 10452108)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Consolidated London Investments Ltd 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.

Preparation of consolidated financial statements
The financial statements contain information about Consolidated London Investments Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399 of the Companies Act 2006 from the requirement to prepare consolidated financial statements.

Related party exemption
The company has taken advantage of exemption in Financial Reporting Standard 102 not to disclose related party transactions with wholly owned entities within the group.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less provision for impairments.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Fixed asset investments
Fixed asset investments are recognised at cost less provision for diminution in value.

3. EMPLOYEES AND DIRECTORS

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

Consolidated London Investments Ltd (Registered number: 10452108)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

4. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST
At 1 November 2023 6,129,950 100,000 6,229,950
Additions 1 - 1
Disposals - (100,000 ) (100,000 )
At 31 October 2024 6,129,951 - 6,129,951
NET BOOK VALUE
At 31 October 2024 6,129,951 - 6,129,951
At 31 October 2023 6,129,950 100,000 6,229,950

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Amounts owed by group undertakings 24,049,915 16,390,511
Other debtors 160,760 -
Loans to group undertakings 49,657,914 49,657,914
Prepayments & accrued income 2,700 -
73,871,289 66,048,425

The loans to group undertakings are interest free and repayable on demand. Further information is given in note 10.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Amounts owed to group undertakings 12,996,419 12,396,419
Other loans 71,907,914 53,907,914
Accruals & deferred income 10,951 9,751
84,915,284 66,314,084

Other loans are interest free and repayable on demand.

7. CONTINGENT LIABILITIES

The group bank loan in the subsidiary company, C L Investments Holdings Limited is secured by a charge over the shareholding in the subsidiary company and a charge over subordinated loan agreements between the company and the subsidiary amounting to £49,657,914. At 31 October 2024, the bank loan in the subsidiary company amounted to £50,392,500.

8. OTHER RESERVES

Other reserves arose following the recognition of the share for share exchange at the value issued by the group company. This reserve is non distributable.