REGISTERED NUMBER: 04538889 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2024

for

Toxotis Investments Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr S G P Theofanous

Mr P Theofanous

Mr A P Theofanous

SECRETARY:

Mr S G P Theofanous

REGISTERED OFFICE:

24a Aldermans Hill

Palmers Hill

London

N13 4PN

REGISTERED NUMBER:

04538889 (England and Wales)

ACCOUNTANTS:

Roseworth Limited

662 High Road

Finchley

London

N12 0NL

FIXED ASSETS

Tangible assets

3

3,130,000

3,130,000

CURRENT ASSETS

Debtors

4

225,312

249,651

Cash at bank and in hand

3,928

7,000

229,240

256,651

CREDITORS

Amounts falling due within one year

5

151,746

141,098

NET CURRENT ASSETS

77,494

115,553

TOTAL ASSETS LESS CURRENT LIABILITIES

3,207,494

3,245,553

CREDITORS

Amounts falling due after more than one year

6

(1,321,755

)

(1,343,343

)

PROVISIONS FOR LIABILITIES

(245,376

)

(245,376

)

NET ASSETS

1,640,363

1,656,834

CAPITAL AND RESERVES

Called up share capital

15,000

15,000

Revaluation reserve

7

1,691,436

1,691,436

Other reserves

(276,443

)

(276,443

)

Retained earnings

210,370

226,841

1,640,363

1,656,834

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

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

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 15 September 2025 and were signed on its behalf by:

Mr P Theofanous - Director

1.	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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

3.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 April 2023

and 31 March 2024

3,130,000

NET BOOK VALUE

At 31 March 2024

3,130,000

At 31 March 2023

3,130,000

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.24

31.3.23

£

£

Trade debtors

2,854

2,854

Other debtors

222,458

246,797

225,312

249,651

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.24

31.3.23

£

£

Trade creditors

(1

)

(1

)

Amounts owed to associates

61,764

61,764

Taxation and social security

17,783

21,135

Other creditors

72,200

58,200

151,746

141,098

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.24

31.3.23

£

£

Bank loans

1,321,755

1,343,343

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

846,386

841,944

Repayable by instalments

Bank loans more 5 yr by instal

280,577

291,363

Bank loan

194,792

210,036

475,369

501,399

7.

RESERVES

Revaluation

reserve

£

At 1 April 2023

and 31 March 2024

1,691,436