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REGISTERED NUMBER: 14764562 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 28 MARCH 2023 TO 31 MARCH 2024

FOR

THE INVESTMENT COLLABORATION
(SPRINGFIELD) LTD

THE INVESTMENT COLLABORATION
(SPRINGFIELD) LTD (REGISTERED NUMBER: 14764562)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 28 MARCH 2023 TO 31 MARCH 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


THE INVESTMENT COLLABORATION
(SPRINGFIELD) LTD

COMPANY INFORMATION
FOR THE PERIOD 28 MARCH 2023 TO 31 MARCH 2024







DIRECTORS: Mr B Demirci
Mr A Christofis





REGISTERED OFFICE: 1 Kings Avenue
London
N21 3NA





REGISTERED NUMBER: 14764562 (England and Wales)





ACCOUNTANTS: AGK Partners
Chartered Accountants
1 Kings Avenue
London
N21 3NA

THE INVESTMENT COLLABORATION
(SPRINGFIELD) LTD (REGISTERED NUMBER: 14764562)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2024

Notes £    £   
FIXED ASSETS
Investment property 4 735,591

CURRENT ASSETS
Cash in hand 100

CREDITORS
Amounts falling due within one year 5 512,441
NET CURRENT LIABILITIES (512,341 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

223,250

CREDITORS
Amounts falling due after more than one year 6 286,568
NET LIABILITIES (63,318 )

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings (63,418 )
(63,318 )

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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 17 July 2025 and were signed on its behalf by:





Mr B Demirci - Director


THE INVESTMENT COLLABORATION
(SPRINGFIELD) LTD (REGISTERED NUMBER: 14764562)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 28 MARCH 2023 TO 31 MARCH 2024

1. STATUTORY INFORMATION

The Investment Collaboration (Springfield) 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.

The financial statements have been prepared on a going concern basis as the directors are satisfied that the company will have adequate resources to meet its liabilities to third parties as they fall due.

Significant judgements and estimates
In the application of the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period or in the period of the revision and future periods where the revision affects both current and future periods.

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.

The directors consider that the market values of the properties as at year-end were as per the values stated in the financial statements.

Taxation
Taxation for the period 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 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 period 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.

THE INVESTMENT COLLABORATION
(SPRINGFIELD) LTD (REGISTERED NUMBER: 14764562)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 28 MARCH 2023 TO 31 MARCH 2024

2. ACCOUNTING POLICIES - continued

Cash and cash equivalent
Cash and cash equivalents in the statement of financial position comprise cash at banks and in hand, short term deposits with an original maturity date of one month. Cash equivalents are defined as short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value.

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss.

Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 735,591
At 31 March 2024 735,591
NET BOOK VALUE
At 31 March 2024 735,591

The directors consider that the market values of the properties as at 31 March 2024 were as per the values stated in the financial statements.

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 120
Other creditors 512,321
512,441

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
£   
Bank loans 286,568

7. SECURED DEBTS

The following secured debts are included within creditors:

£   
Bank loans 286,568

The bank loan is secured by way of a negative pledge, a fixed charge and a floating charge over all the property or undertaking of the company.

THE INVESTMENT COLLABORATION
(SPRINGFIELD) LTD (REGISTERED NUMBER: 14764562)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 28 MARCH 2023 TO 31 MARCH 2024

8. RELATED PARTY DISCLOSURES

Included in the other creditors less than one year is an amount of £446,954 due to the connected companies with common directorship and shareholdings.Also, included is an amount of £63,867 due to the shareholders of the company.The loan was interest free and repayable on demand.