| INVEST PARTNERS 770 LTD |
| Registered number: |
15883330 |
| Abridged Balance Sheet |
| as at 31 July 2025 |
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| Notes |
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|
2025 |
|
| £ |
|
| Current assets |
| Receivable acquired – originally from BESSAC SAS via LL Europe Ltd |
|
|
609,696 |
|
| Creditors: amounts falling due within one year |
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|
(599,696) |
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| Net current assets |
|
|
|
10,000 |
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| Net assets |
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|
10,000 |
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| Capital and reserves |
| Called up share capital |
|
|
|
10,000 |
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| Shareholders' funds |
|
|
|
10,000 |
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|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
| The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006. |
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|
| Jacques BEN SAID |
| Director |
| Approved by the board on 5 August 2025 |
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| INVEST PARTNERS 770 LTD |
| Notes to the Abridged Accounts |
| for the period from 7 August 2024 to 31 July 2025 |
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| 1 |
Accounting policies |
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Basis of preparation |
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The abridged accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
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Turnover |
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Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. |
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Intangible fixed assets |
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Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. |
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Tangible fixed assets |
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Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
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Freehold buildings |
over 50 years |
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Leasehold land and buildings |
over the lease term |
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Plant and machinery |
over 5 years |
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Fixtures, fittings, tools and equipment |
over 5 years |
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Investments |
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Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. |
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Stocks |
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Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. |
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Debtors |
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Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
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Creditors |
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Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
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Legal Receivable |
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On 20 December 2024, INVEST PARTNER 770 Ltd acquired a commercial receivable for the total amount of €900,000 from LL Europe Ltd. This receivable originated from four unpaid invoices issued by the French company ÉTABLISSEMENTS BESSAC SAS to SAS Nissim 94 in 2023, for construction and renovation works. On 15 July 2024, LL Europe Ltd fully absorbed ÉTABLISSEMENTS BESSAC SAS through a universal transfer of assets (TUP) governed by Article 1844-5 of the French Civil Code, thereby becoming the legal holder of the receivable. The receivable was then assigned to INVEST PARTNER 770 Ltd, who is now entitled to claim and collect the full amount. LL Europe Ltd is entitled to 20% of any amount actually recovered, which is treated as a conditional liability |
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Pensions |
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Contributions to defined contribution plans are expensed in the period to which they relate. |
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| 2 |
Employees |
2025 |
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| Number |
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Average number of persons employed by the company |
0 |
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| 3 |
Other information |
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INVEST PARTNERS 770 LTD is a private company limited by shares and incorporated in England. Its registered office is 7 Bell Yard, London, London, England, WC2A 2JR |
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7 Bell Yard, London, |
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London, |
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WC2A 2JR |
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