REGISTERED NUMBER: 09939258 (England and Wales)

AMVIDA INVESTMENTS LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

W J Parker

REGISTERED OFFICE:

10 Gayton Close

Skegness

Lincolnshire

PE25 3PJ

REGISTERED NUMBER:

09939258 (England and Wales)

ACCOUNTANTS:

Dexter & Sharpe (Skegness)

Chartered Certified Accountants

26 Ida Road

Skegness

Lincolnshire

PE25 2AR

FIXED ASSETS

Tangible assets

3

977

718

Investments

4

132,501

132,501

133,478

133,219

CURRENT ASSETS

Debtors

35,646

42,224

Cash at bank

8,799

61,566

44,445

103,790

CREDITORS

Amounts falling due within one year

62,391

145,483

NET CURRENT LIABILITIES

(17,946

)

(41,693

)

TOTAL ASSETS LESS CURRENT LIABILITIES

115,532

91,526

CREDITORS

Amounts falling due after more than one year

34,454

35,669

NET ASSETS

81,078

55,857

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

80,978

55,757

81,078

55,857

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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 September 2025 and were signed by:

W J Parker - 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.

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 each asset over its estimated useful life.

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

33% on cost

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 1 (2023 - 1 ) .

3.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2024

1,024

Additions

833

At 31 December 2024

1,857

DEPRECIATION

At 1 January 2024

306

Charge for year

574

At 31 December 2024

880

NET BOOK VALUE

At 31 December 2024

977

At 31 December 2023

718

4.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 January 2024

and 31 December 2024

132,501

NET BOOK VALUE

At 31 December 2024

132,501

At 31 December 2023

132,501

5.	RELATED PARTY DISCLOSURES

Included within other debtors is a loan to Pickering Parker Property Ltd which is owned by Mr W Parker, sole director of Amvida Investments Ltd, and his wife Mrs C Pickering. As at the Balance Sheet date the amount outstanding was £30,000 (2023 - £30,000).

Amvida Investments Ltd owns 50.01% of the issued share capital in Reggiam Holdings Ltd. As at the balance sheet date there was £Nil (2023 - £70,001) included within other creditors, and £Nil (2023 - £7,200) included within other debtors.

During the year Amvida Investments Ltd loaned money to Parkers of West Bridgford Ltd of which Reggiam Holdings Ltd owns 100% of the share capital and Mr W Parker is the sole director. As at the Balance Sheet date there was £5,080 (2023 - £Nil) included within other debtors in respect of this loan.

Amvida Investments Ltd owns 25% of the issued share capital in Salts Fish & Chip Shop Ltd. During the year Amvida Investments Ltd undertook consultancy work, under normal commercial terms, for Salts Fish & Chip Shop Ltd totalling £2,800. There were no amounts owed from or to Amvida Investments Ltd as at the Balance Sheet date.