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Company No: 14506687 (England and Wales)

ATRE INVESTMENTS LIMITED

Unaudited Financial Statements
For the financial year ended 30 November 2024
Pages for filing with the registrar

ATRE INVESTMENTS LIMITED

Unaudited Financial Statements

For the financial year ended 30 November 2024

Contents

ATRE INVESTMENTS LIMITED

STATEMENT OF FINANCIAL POSITION

As at 30 November 2024
ATRE INVESTMENTS LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

As at 30 November 2024
Note 30.11.2024 30.11.2023
£ £
Fixed assets
Investment property 3 351,517 351,517
351,517 351,517
Current assets
Debtors 4 5,535 0
Cash at bank and in hand 3 62
5,538 62
Creditors: amounts falling due within one year 5 ( 119,397) ( 115,855)
Net current liabilities (113,859) (115,793)
Total assets less current liabilities 237,658 235,724
Creditors: amounts falling due after more than one year 6 ( 235,778) ( 235,778)
Net assets/(liabilities) 1,880 ( 54)
Capital and reserves
Called-up share capital 7 1 1
Profit and loss account 1,879 ( 55 )
Total shareholder's funds/(deficit) 1,880 ( 54)

For the financial year ending 30 November 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Atre Investments Limited (registered number: 14506687) were approved and authorised for issue by the Director on 29 August 2025. They were signed on its behalf by:

A E Tozzi
Director
ATRE INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 November 2024
ATRE INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 November 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

Atre Investments Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 19 Gipsy Hill, London, 19 Gipsy Hill, London, SE19 1QG, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Finance costs

Finance costs are charged to the Statement of Income and Retained Earnings over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Borrowing costs

Borrowing costs that are directly attributable to acquisition, construction or production of qualifying assets, are capitalised as part of the cost of those assets. Capitalisation begins when both finance costs and expenditures for the asset are being incurred and activities that are necessary to get the asset ready for use are in progress. Capitalisation ceases when substantially all the activities that are necessary to get the asset ready for use are complete.

All other borrowing costs are recognised in profit or loss in the period in which they are incurred.

Leases


The Company as lessor
Amounts due from lessees under finance leases are recognised as receivables at the amount of the company’s net investment in the leases. Finance lease income is allocated to accounting periods so as to reflect a constant periodic rate of return on the company’s net investment outstanding in respect of leases.

Rental income from operating leases is recognised on a straight-line basis over the term of the relevant lease. Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying amount of the leased asset and recognised on a straight-line basis over the lease term.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

2. Employees

Year ended
30.11.2024
Period from
25.11.2022 to
30.11.2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Investment property

Investment property
£
Valuation
As at 01 December 2023 351,517
As at 30 November 2024 351,517

Valuation

The director has reviewed the valuation of the property and considers it to be appropriate for the 2024 accounts.

Historic cost

If the investment properties had been accounted for under the cost accounting rules, the properties would have been measured as follows:

30.11.2024 30.11.2023
£ £
Historic cost 351,517 351,517

4. Debtors

30.11.2024 30.11.2023
£ £
Amounts owed by connected companies 5,535 0

5. Creditors: amounts falling due within one year

30.11.2024 30.11.2023
£ £
Amounts owed to connected companies 34,062 0
Amounts owed to director 81,894 112,855
Accruals 3,000 3,000
Corporation tax 441 0
119,397 115,855

There are no amounts included above in respect of which any security has been given by the small entity.

6. Creditors: amounts falling due after more than one year

30.11.2024 30.11.2023
£ £
Bank loans (secured) 235,778 235,778

The bank loan is secured on the investment property owned by the Company. The charge contains a negative pledge.

7. Called-up share capital

30.11.2024 30.11.2023
£ £
Allotted, called-up and fully-paid
1 Ordinary share of £ 1.00 1 1

8. Related party transactions

Transactions with the entity's director

30.11.2024 30.11.2023
£ £
Amounts owed to the director 81,894 112,855

The loan has no fixed date for repayment, and is interest free.