REGISTERED NUMBER: 03797008 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

EXCLUSIVE INVESTMENTS LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

J Green

REGISTERED OFFICE:

2a Alexandra Grove

London

N12 8NU

REGISTERED NUMBER:

03797008 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

FIXED ASSETS

Tangible assets

5

-

-

Investment property

6

1,200,000

1,200,000

1,200,000

1,200,000

CURRENT ASSETS

Debtors

7

270,652

254,226

Cash at bank

25,617

27,692

296,269

281,918

CREDITORS

Amounts falling due within one year

8

(103,467

)

(76,143

)

NET CURRENT ASSETS

192,802

205,775

TOTAL ASSETS LESS CURRENT LIABILITIES

1,392,802

1,405,775

CREDITORS

Amounts falling due after more than one year

9

(547,148

)

(590,278

)

NET ASSETS

845,654

815,497

CAPITAL AND RESERVES

Called up share capital

12

100

100

Revaluation reserve

13

482,691

482,691

Retained earnings

13

362,863

332,706

SHAREHOLDERS' FUNDS

845,654

815,497

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 and authorized for issue by the director and authorised for issue on 10 September 2025 and were signed by:

J Green - Director

1.	STATUTORY INFORMATION

Exclusive Investments Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover represents net rent and service charges receivable, excluding value added tax.

Depreciation

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

Computer equipment

-

33% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 recognized 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 recognized 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 recognized 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.

4.	EMPLOYEES AND DIRECTORS

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

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2024

and 31 December 2024

2,743

DEPRECIATION

At 1 January 2024

and 31 December 2024

2,743

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

1,200,000

NET BOOK VALUE

At 31 December 2024

1,200,000

At 31 December 2023

1,200,000

The fair value of investment property was assessed to be unchanged by the director. The fair value was determined using open market valuation method. The director does not have a formal qualification but considerable experience in property market to ascertain the fair value with sufficient level of confidence.

Fair value at 31 December 2024 is represented by:

£

Valuation in 2016

482,691

Cost

717,309

1,200,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

6,220

18,493

Other debtors

264,432

235,733

270,652

254,226

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Taxation and social security

15,638

14,527

Other creditors

87,829

61,616

103,467

76,143

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans (see note 10)

524,434

563,298

Other creditors

22,714

26,980

547,148

590,278

Amounts falling due in more than five years:

Repayable by instalments

Bank loan

524,434

563,298

Other creditors includes Bounceback loan of £22,714 [2023 - £26,980]. The loan is unsecured, interest free for the first year, then capped at 2.5% and guaranteed by HM Government.

10.

LOANS

An analysis of the maturity of loans is given below:

31.12.24

31.12.23

£

£

Amounts falling due between two and five years:

Other loans - 2-5 years

22,714

26,980

Amounts falling due in more than five years:

Repayable by instalments

Bank loan

524,434

563,298

11.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

Bank loans

524,434

563,298

The bank loan is secured by a first charge over the company's properties and a floating charge over the assets of the company, and bear interest at variable rates.

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

100

Ordinary

£1

100

100

13.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 1 January 2024

332,706

482,691

815,397

Profit for the year

30,157

30,157

At 31 December 2024

362,863

482,691

845,554

14.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J Green.