REGISTERED NUMBER: 08580842 (England and Wales)

Residency Invest Limited

Unaudited Financial Statements

for the Year Ended 30th June 2024

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

Director:

Mr P N Mustafa

Registered office:

4th Floor

100 Fenchurch Street

London

EC3M 5JD

Registered number:

08580842 (England and Wales)

Accountants:

Wilson Stevens

Accountants

4th Floor

100 Fenchurch Street

London

EC3M 5JD

Fixed assets

Tangible assets

4

1,063

1,418

Current assets

Debtors

5

384,935

725,844

Cash at bank

1,067

254

386,002

726,098

Creditors

Amounts falling due within one year

6

5,952

5,762

Net current assets

380,050

720,336

Total assets less current liabilities

381,113

721,754

Capital and reserves

Called up share capital

1,000

1,000

Retained earnings

380,113

720,754

381,113

721,754

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 18th September 2025 and were signed by:

Mr P N Mustafa - Director

1.	Statutory information

Residency Invest Limited 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.

2.	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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Fixtures and fittings

-

25% straight line

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	Employees and directors

The average number of employees during the year was 1 (2023 - 1 ) .

4.	Tangible fixed assets

Fixtures

and

fittings

£

Cost

At 1st July 2023

and 30th June 2024

8,013

Depreciation

At 1st July 2023

6,595

Charge for year

355

At 30th June 2024

6,950

Net book value

At 30th June 2024

1,063

At 30th June 2023

1,418

5.

Debtors: amounts falling due within one year

2024

2023

£

£

Other debtors

384,935

725,844

6.

Creditors: amounts falling due within one year

2024

2023

£

£

Bank loans and overdrafts

48

-

Trade creditors

2,073

1,994

Taxation and social security

1,331

1,267

Other creditors

2,500

2,501

5,952

5,762