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REGISTERED NUMBER: 00317910 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

REX INVESTMENTS LIMITED

REX INVESTMENTS LIMITED (REGISTERED NUMBER: 00317910)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


REX INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 December 2024







DIRECTORS: R S Giorgi
D E Giorgi





SECRETARY: Mrs J V Giorgi





REGISTERED OFFICE: Elizabeth House
22 Chenies Avenue
Little Chalfont
Buckinghamshire
HP6 6PP





REGISTERED NUMBER: 00317910 (England and Wales)





ACCOUNTANTS: G. George Associates Limited
Chartered Certified Accountants
12 Gateway Mews
Ring Way
London
N11 2UT

REX INVESTMENTS LIMITED (REGISTERED NUMBER: 00317910)

BALANCE SHEET
31 December 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 196 262
Investment property 5 1,843,527 1,843,527
1,843,723 1,843,789

CURRENT ASSETS
Debtors 6 15,096 14,453
Cash at bank 339,500 352,406
354,596 366,859
CREDITORS
Amounts falling due within one year 7 69,542 60,859
NET CURRENT ASSETS 285,054 306,000
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,128,777

2,149,789

PROVISIONS FOR LIABILITIES 214,464 214,464
NET ASSETS 1,914,313 1,935,325

CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Other reserves 1,689 1,689
Fair value reserve 8 930,971 930,971
Retained earnings 979,653 1,000,665
SHAREHOLDERS' FUNDS 1,914,313 1,935,325

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

REX INVESTMENTS LIMITED (REGISTERED NUMBER: 00317910)

BALANCE SHEET - continued
31 December 2024


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 4 August 2025 and were signed on its behalf by:





R S Giorgi - Director


REX INVESTMENTS LIMITED (REGISTERED NUMBER: 00317910)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 December 2024

1. STATUTORY INFORMATION

Rex 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.

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.

Turnover
Turnover represents net invoiced rent receivable, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - Straight line over the term of the lease
Fixtures and fittings - 25% on reducing balance

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. Deferred taxation is provided on such surplus or deficit at the rate expected to apply when the property is sold.

The fair value profits on investment property is not a realised profit available for distribution. In order to differentiate the non-distributable proftits with the distributable profits of the company, any fair value movements on investment property less the deferred tax on such movements is transferred from retained earnings to fair value reserves, which is a non-distributable reserve.

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.

REX INVESTMENTS LIMITED (REGISTERED NUMBER: 00317910)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 December 2024

2. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
Short and
leasehold fittings Totals
£    £    £   
COST
At 1 January 2024
and 31 December 2024 16,932 12,141 29,073
DEPRECIATION
At 1 January 2024 16,932 11,879 28,811
Charge for year - 66 66
At 31 December 2024 16,932 11,945 28,877
NET BOOK VALUE
At 31 December 2024 - 196 196
At 31 December 2023 - 262 262

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024
and 31 December 2024 1,843,527
NET BOOK VALUE
At 31 December 2024 1,843,527
At 31 December 2023 1,843,527

Fair value at 31 December 2024 is represented by:
£   
Valuation in 1997 324,324
Valuation in 2000 50,000
Valuation in 2003 150,000
Valuation in 2016 621,111
Cost 698,092
1,843,527

REX INVESTMENTS LIMITED (REGISTERED NUMBER: 00317910)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 December 2024

5. INVESTMENT PROPERTY - continued

If investment property had not been revalued it would have been included at the following historical cost:

31.12.24 31.12.23
£    £   
Cost 698,092 698,092

Investment property was valued on an open market basis on 31 December 2024 by the directors .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 15,096 11,426
Other debtors - 3,027
15,096 14,453

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Taxation and social security 23,401 20,620
Other creditors 46,141 40,239
69,542 60,859

8. RESERVES
Fair
value
reserve
£   
At 1 January 2024
and 31 December 2024 930,971

9. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.