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Logo On Report
Registered Number: 14015834
England and Wales

 

 

 

TORO INVESTING LIMITED



Unaudited Financial Statements
 


Period of accounts

Start date: 01 April 2024

End date: 31 March 2025
  2025   2024
    £ £   £ £
Fixed assets   135,632      135,829 
Current assets 7,863      8,096   
Creditors: amount falling due within one year (43,844)     (46,433)  
Net current assets   (35,981)     (38,337)
Total assets less current liabilities   99,651      97,492 
Creditors: amount falling due after more than one year   (96,213)     (90,803)
Provisions for liabilities       (1,007)
Net assets   3,438      5,682 
 

         
Capital and reserves   3,438      5,682 
 
NOTES TO THE ACCOUNTS

General Information
TORO INVESTING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 14015834, registration address Ibiss & Co Limited, 188 Mitcham Road,, London, SW17 9NJ.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Fixtures and Fittings 20% Straight Line
2.

Tangible fixed assets

Cost or valuation Land and Buildings   Fixtures and Fittings   Total
  £   £   £
At 01 April 2024 135,240    983    136,223 
Additions    
Disposals    
At 31 March 2025 135,240    983    136,223 
Depreciation
At 01 April 2024 394      394 
Charge for year 197      197 
On disposals    
At 31 March 2025 591      591 
Net book values
Closing balance as at 31 March 2025 134,649    983    135,632 
Opening balance as at 01 April 2024 134,846    983    135,829 


3.

Average number of employees

Average number of employees during the year was 0 (2024 : 0).

4.

Advances and Credits



Mortgage
At the year end the company has Mortgage of £96,213.

Current year (2025)
Brought Forward
£
Amount
£
Interest
£
Repaid
£
Written Off
£
Waived
£
Carry Forward
£
Mortgage93,409 6,245 3,441 96,213 
934090624534410096213
Previous year (2024)
Brought Forward
£
Amount
£
Interest
£
Repaid
£
Written Off
£
Waived
£
Carry Forward
£
Mortgage93,409 93,409 
934090000093409
5.

Director’s loan

Director Account

At the year end a balance of £40,704 was owed to the director.
The above balance is interest is interest free and no fixed date for repayment.

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's Responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the director on 26 August 2025 and were signed by:


--------------------------------
Mark Andrew Di-Toro
Director
1