INVESTPEK LTD - Filleted accounts

Registered number

09765049

INVESTPEK LTD

Filleted Accounts

31 December 2024

INVESTPEK LTD
Registered number:		09765049
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	4		24,033			30,042
Investments	5		150			150
			24,183			30,192

Current assets
Debtors	6	4,004,962			3,938,368
Investments held as current assets	7	2,967,596			2,935,736
Cash at bank and in hand		6,890			6,274
		6,979,448			6,880,378

Creditors: amounts falling due within one year	8	(8,199,563)			(7,919,917)

Net current liabilities			(1,220,115)			(1,039,539)

Total assets less current liabilities			(1,195,932)			(1,009,347)

Creditors: amounts falling due after more than one year	9		(32,662)			(32,567)



Net liabilities			(1,228,594)			(1,041,914)

Capital and reserves
Called up share capital			1,000			1,000
Profit and loss account			(1,229,594)			(1,042,914)

Shareholders' funds			(1,228,594)			(1,041,914)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.



Aysegul Peker
Director
Approved by the board on 26 September 2025

INVESTPEK LTD
Notes to the Accounts
for the year ended 31 December 2024


1	Accounting policies and convesions

	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).

	The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group
	Impairment of fixed assets
	At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of theimpairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset,the company estimates the recoverable amount of the cash-enerating unit to which the asset belongs. Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use,the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted. If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a evalued amount,in which case the impairment loss is treated as a revaluation decrease. Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently verses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures, fittings, tools and equipment	25% reducing balance.
	Motor vehicles	25% reducing balance.

	The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss



	Cash and cash equivalents
	Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, and other short-term liquid investments with original maturities of three months or les

	Investments
	Investments in subsidiaries, associates and jointly controlled entities are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associat. Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.Unrelieved tax losses 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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Judgements and key sources of estimation uncertaint
	In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis.

	Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

2	Exceptional items			2024		2023
£					£
	Inter-group balance written off					39,169,490



				-		39,169,490


3	Employees			2024		2023
Number					Number

	Average number of persons employed by the company			3		3


4	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 January 2024	897		75,000		75,897
	At 31 December 2024	897		75,000		75,897

	Depreciation
	At 1 January 2024	519		45,336		45,855
	Charge for the year	76		5,933		6,009
	At 31 December 2024	595		51,269		51,864

	Net book value
	At 31 December 2024	302		23,731		24,033
	At 31 December 2023	378		29,664		30,042


5	Investments

Other
investments
£
	Cost
	At 1 January 2024					150

	At 31 December 2024					150


6	Debtors			2024		2023
£					£

	Trade debtors			86,054		86,404
	Amounts owed by group undertakings and undertakings in which the company has a participating interest			417,855		412,710
	Other debtors			3,501,053		3,439,254
				4,004,962		3,938,368


7	Investments held as current assets			2024		2023
£					£
	Fair value
	Unlisted investments			2,967,596		2,935,736



8	Creditors: amounts falling due within one year			2024		2023
£					£

	Taxation and social security costs			-		(1,315)
	Other creditors			8,199,563		7,921,232
				8,199,563		7,919,917


9	Creditors: amounts falling due after one year			2024		2023
£					£

	Bank loans			35,000		34,915
	Other creditors			(2,338)		(2,348)
				32,662		32,567


10	Related party transactions

	Transactions with common controled parties
	During the year the company entered into the following transactions with related parties:
	The following amounts were outstanding at the reporting end date:
				2024		2023
	Amounts due to related parties			£		£
	Companies under common control			8,199,564		7,768,595

	The nature of the transactions were the transfer of funds between the companies in the normal course of the business activities.

	The following amounts were outstanding at the reporting end date:
				2024		2023
	Amounts due from related parties			£		£
	Companies under common control			4,114,186		3,638,467

	The nature of the transactions were the transfer of funds between the companies in the normal course of the business activities.

	Directors' transactions
	Included in other debtors at the year-end date is £6,195 (2023: £22,500) receivable from the directors. The balance was repaid in full after the year end

11	Controlling party
	Aysegul Peker



12	Other information

	INVESTPEK LTD is a private company limited by shares and incorporated in England. Its registered office is:
	183 Angel Place
	Fore Street
	London
	N18 2UD