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Registration number: 10645842

Margi Investments Ltd
Unaudited Filleted Financial Statements
for the Year Ended 31 December 2024

Margi Investments Ltd

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 5

Margi Investments Ltd

Company Information

Directors | Guglielmo ALOI Roberta MESSINA

Company secretary | Laggan Secretaries Limited

Registered office | 5th Floor, North Side 7-10 Chandos Street Cavendish Square London W1G 9DQ

Margi Investments Ltd

(Registration number: 10645842)
Balance Sheet as at 31 December 2024

| Note | 2024 £ | 2023 £
Fixed assets |  |  |
Tangible assets | 4 | 8,698 | 12,872
Current assets |  |  |
Debtors | 5 | - | 8,496
Cash at bank and in hand |  | 4,049 | 9,216
|  | 4,049 | 17,712
Creditors: Amounts falling due within one year | 6 | (29,938) | (30,262)
Net current liabilities |  | (25,889) | (12,550)
Net (liabilities)/assets |  | (17,191) | 322
Capital and reserves |  |  |
Called up share capital |  | 1,000 | 1,000
Retained earnings |  | (18,191) | (678)
Shareholders' (deficit)/funds |  | (17,191) | 322

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 1 October 2025 and signed on its behalf by:

......................................... Guglielmo ALOI Director

Margi Investments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1 | General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
5th Floor, North Side
7-10 Chandos Street
Cavendish Square
London
W1G 9DQ
United Kingdom

These financial statements were authorised for issue by the Board on 1 October 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts.
Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with terms of the contract.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Margi Investments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Office equipment | Over 5 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

Margi Investments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

4 | Tangible assets

| Office equipment £ | Total £
Cost or valuation
At 1 January 2024 | 35,988 | 35,988
Additions | 3,016 | 3,016
At 31 December 2024 | 39,004 | 39,004
Depreciation
At 1 January 2024 | 23,116 | 23,116
Charge for the year | 7,190 | 7,190
At 31 December 2024 | 30,306 | 30,306
Carrying amount
At 31 December 2024 | 8,698 | 8,698
At 31 December 2023 | 12,872 | 12,872

5 | Debtors

Current | 2024 £ | 2023 £
Trade debtors | - | 8,496
| - | 8,496

6 | Creditors

Creditors: amounts falling due within one year

| 2024 £ | 2023 £
Due within one year |  |
Taxation and social security | 398 | 1,381
Accruals and deferred income | 3,000 | 2,500
Other creditors | 26,540 | 26,381
| 29,938 | 30,262