| INVESTEL LTD |
| Registered number: |
08555046 |
| Balance Sheet |
| as at 31 December 2024 |
|
| Notes |
|
|
2024 |
|
|
2023 |
| € |
€ |
| Fixed assets |
| Investments |
3 |
|
|
- |
|
|
215,000 |
|
| Current assets |
| Debtors |
4 |
|
100 |
|
|
100 |
| Cash at bank and in hand |
|
|
6,632 |
|
|
6,632 |
|
|
|
6,732 |
|
|
6,732 |
|
| Creditors: amounts falling due within one year |
6 |
|
(7,810) |
|
|
- |
|
| Net current (liabilities)/assets |
|
|
|
(1,078) |
|
|
6,732 |
|
| Total assets less current liabilities |
|
|
|
(1,078) |
|
|
221,732 |
|
| Creditors: amounts falling due after more than one year |
7 |
|
|
(45,121) |
|
|
(45,121) |
|
|
|
| Net (liabilities)/assets |
|
|
|
(46,199) |
|
|
176,611 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Share premium |
|
|
|
200,139 |
|
|
200,139 |
| Profit and loss account |
|
|
|
(246,338) |
|
|
(23,528) |
|
| Shareholder's funds |
|
|
|
(46,199) |
|
|
176,611 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his 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. |
|
|
|
|
| Szidonia Klara KISHKINEV |
| Director |
| Approved by the board on 20 August 2025 |
|
| INVESTEL LTD |
| Notes to the Accounts |
| for the year ended 31 December 2024 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The 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). |
|
|
| 2 |
Employees |
2024 |
|
2023 |
| Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Investments |
| Investments in |
| subsidiary |
Other |
| undertakings |
investments |
Total |
| € |
€ |
€ |
|
Cost |
|
At 1 January 2024 |
50,000 |
|
165,000 |
|
215,000 |
|
Disposals |
(50,000) |
|
(165,000) |
|
(215,000) |
|
|
At 31 December 2024 |
- |
|
- |
|
- |
|
|
| 4 |
Debtors |
2024 |
|
2023 |
| € |
€ |
|
|
Trade debtors |
100 |
|
100 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Investments held as current assets |
2024 |
|
2023 |
| € |
€ |
|
Fair value |
|
|
|
|
|
|
|
|
|
|
Increase/(decrease) in fair value included in the profit and loss account for the financial year |
|
Unlisted investments |
(215,000) |
|
- |
|
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
| € |
€ |
|
|
Trade creditors |
7,810 |
|
- |
|
|
|
|
|
|
|
|
|
|
| 7 |
Creditors: amounts falling due after one year |
2024 |
|
2023 |
| € |
€ |
|
|
Shareholders' loan |
|
45,121 |
|
45,121 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Other information |
|
|
INVESTEL LTD is a private company limited by shares and incorporated in England. Its registered office is: |
|
126 Aldersgate Street |
|
London |
|
EC1A 4Q |