REGISTERED NUMBER: 02958918 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

AUSTELL INVESTMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

C C M P Dalamel De Bournet

Ms L C Taylor

REGISTERED OFFICE:

Dunsfold Ryse Stables High Street Green

Chiddingfold

Godalming

United Kingdom

GU8 4YA

REGISTERED NUMBER:

02958918 (England and Wales)

ACCOUNTANTS:

Crowe U.K. LLP

Black Country House

Rounds Green Road

Oldbury

West Midlands

B69 2DG

FIXED ASSETS

Investments

4

1

1

CURRENT ASSETS

Debtors

5

1,252,325

1,128,824

Cash at bank

13,258

16,614

1,265,583

1,145,438

CREDITORS

Amounts falling due within one year

6

1,773,654

1,597,258

NET CURRENT LIABILITIES

(508,071

)

(451,820

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(508,070

)

(451,819

)

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

(509,070

)

(452,819

)

(508,070

)

(451,819

)

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 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 25 September 2025 and were signed on its behalf by:

C C M P Dalamel De Bournet - Director

1.	STATUTORY INFORMATION

Austell Investments 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.

Investments in subsidiaries

Investments in subsidiary undertakings are measured at cost less impairment. Impairment reviews are undertaken annually and any losses recognised in the profit and loss account.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Going concern

The financial statements have been prepared on the going concern basis. This is considered appropriate as the ultimate beneficial shareholders will continue to provide financial support to the company for the foreseeable future.

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

Short term debtors are measured at transaction price, less any impairment.

Short term creditors are measured at the transaction price.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

Cost

At 1 January 2024

and 31 December 2024

1

Net book value

At 31 December 2024

1

At 31 December 2023

1

The investments represent a 100% holding in Sarl Austell France Participations, a company incorporated in France.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed by group undertakings

1,252,325

1,128,824

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other creditors

1,773,654

1,597,258

7.	RELATED PARTY DISCLOSURES

Included within other creditors is £1,768,254 (2023: £1,594,257) owed to a director of the company, these loans are unsecured, interest free and repayable on demand.

8.	ULTIMATE CONTROLLING PARTY

The controlling party is C C M P Dalamel De Bournet.