PTP Accounts Production v25.1.0.734 09848832 Board of Directors Board of Directors 1.11.23 31.10.24 31.10.24 0 0 false true false false true false Fair value model iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 09848832 2023-10-31 09848832 2024-10-31 09848832 2023-11-01 2024-10-31 09848832 2022-10-31 09848832 2022-11-01 2023-10-31 09848832 2023-10-31 09848832 ns15:EnglandWales 2023-11-01 2024-10-31 09848832 ns14:PoundSterling 2023-11-01 2024-10-31 09848832 ns10:Director1 2023-11-01 2024-10-31 09848832 ns10:Director2 2023-11-01 2024-10-31 09848832 ns10:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 09848832 ns10:SmallEntities 2023-11-01 2024-10-31 09848832 ns10:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 09848832 ns10:SmallCompaniesRegimeForDirectorsReport 2023-11-01 2024-10-31 09848832 ns10:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 09848832 ns10:FullAccounts 2023-11-01 2024-10-31 09848832 ns10:Director3 2023-11-01 2024-10-31 09848832 ns10:RegisteredOffice 2023-11-01 2024-10-31 09848832 ns5:CurrentFinancialInstruments 2024-10-31 09848832 ns5:CurrentFinancialInstruments 2023-10-31 09848832 ns5:ShareCapital 2024-10-31 09848832 ns5:ShareCapital 2023-10-31 09848832 ns5:FurtherSpecificReserve3ComponentTotalEquity 2024-10-31 09848832 ns5:FurtherSpecificReserve3ComponentTotalEquity 2023-10-31 09848832 ns5:RetainedEarningsAccumulatedLosses 2024-10-31 09848832 ns5:RetainedEarningsAccumulatedLosses 2023-10-31 09848832 ns5:AcceleratedTaxDepreciationDeferredTax 2024-10-31 09848832 ns5:AcceleratedTaxDepreciationDeferredTax 2023-10-31 09848832 ns5:DeferredTaxation 2023-10-31 09848832 ns5:DeferredTaxation 2024-10-31 09848832 ns5:FurtherSpecificReserve3ComponentTotalEquity 2023-10-31 09848832 ns10:Director2 2 2023-10-31 09848832 ns10:Director2 2 2022-10-31 09848832 ns10:Director2 2 2023-11-01 2024-10-31 09848832 ns10:Director2 2 2022-11-01 2023-10-31 09848832 ns10:Director2 2 2024-10-31 09848832 ns10:Director2 2 2023-10-31

REGISTERED NUMBER: 09848832 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2024

for

1327 Ltd

1327 Ltd (Registered number: 09848832)

Contents of the Financial Statements

for the Year Ended 31 October 2024

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

1327 Ltd

Company Information

for the Year Ended 31 October 2024

| DIRECTORS: | Darryl Amos

| Ms J E Amos

| REGISTERED OFFICE: | 2nd Floor,

| 39 Ludgate hill

| London

| EC4M 7JN

| REGISTERED NUMBER: | 09848832 (England and Wales)

| ACCOUNTANTS: | Euro Ashfords (UK) Ltd

| 2nd Floor,

| 39 Ludgate hill

| London

| EC4M 7JN

1327 Ltd (Registered number: 09848832)

Balance Sheet

31 October 2024

| 31.10.24 | 31.10.23 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Investment property | 4 | 400,000 |  | 400,000 |  |

CURRENT ASSETS

Cash at bank | 6,335 |  | 7,474 |  |

CREDITORS

Amounts falling due within one year | 5 | 64,180 |  | 102,541 |  |

NET CURRENT LIABILITIES | (57,845 | ) | (95,067 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 342,155 |  | 304,933 |  |

PROVISIONS FOR LIABILITIES | 6 | (15,027 | ) | (15,027 | ) |

ACCRUALS AND DEFERRED INCOME | (40,780 | ) | (40,781 | ) |

NET ASSETS | 286,348 |  | 249,125 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Fair value reserve | 7 | 79,087 |  | 79,087 |  |

Retained earnings | 207,161 |  | 169,938 |  |

SHAREHOLDERS' FUNDS | 286,348 |  | 249,125 |  |

1327 Ltd (Registered number: 09848832)

Balance Sheet - continued

31 October 2024

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 30 September 2025 and were signed on its behalf by:

Mrs Jacalyn Amos - Director

Darryl Amos - Director

1327 Ltd (Registered number: 09848832)

Notes to the Financial Statements

for the Year Ended 31 October 2024

1. | STATUTORY INFORMATION

| 1327 Ltd 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 as modified by the revaluation of certain assets.

| Investment property

| Investment properties are properties held to earn rentals and/or for capital appreciation. Investment properties are initially measured at cost, including transaction costs. Subsequently investment properties whose fair value can be measured reliably without undue cost or effort on an on-going basis are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit and loss in the period in which they arise.

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

| No depreciation is provided on investment properties as a result of FRS 102 section 16, this represents a departure from the requirements of the Companies Act. In the opinion of the directors these properties are held primarily for their investment potential and so their current value is of more significance than any measure consumption and to depreciate them would not give a true and fair view.

| However, the amount of depreciation cannot reasonably be quantified and the amount which might otherwise have been shown cannot be separated or quantified.

| 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.

3. | EMPLOYEES AND DIRECTORS

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

1327 Ltd (Registered number: 09848832)

Notes to the Financial Statements - continued

for the Year Ended 31 October 2024

4. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 November 2023

| and 31 October 2024 | 400,000 |  |

| NET BOOK VALUE

| At 31 October 2024 | 400,000 |  |

| At 31 October 2023 | 400,000 |  |

| Fair value at 31 October 2024 is represented by:

£ |

| Valuation in 2016 | 320,913 |  |

| Valuation in 2017 | 99,087 |  |

| Valuation in 2021 | (20,000 | ) |

400,000 |  |

| If following historical cost had not been revalued it would have been included at the following historical cost:

| 31.10.24 |  | 31.10.23

£ | £ |

| Cost | 320,913 |  | 320,913 |  |

| Investment property was valued on an open market basis on 31 October 2024 by the directors .

5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.10.24 |  | 31.10.23

£ | £ |

| Amounts owed to associates | 32,155 |  | 72,655 |  |

| Taxation and social security | 8,701 |  | 8,242 |  |

| Other creditors | 23,324 |  | 21,644 |  |

64,180 |  | 102,541 |  |

6. | PROVISIONS FOR LIABILITIES

| 31.10.24 |  | 31.10.23

£ | £ |

| Deferred tax

| Accelerated capital allowances | 15,027 |  | 15,027 |  |

| Deferred |

| tax |

£ |

| Balance at 1 November 2023 | 15,027 |  |

| Balance at 31 October 2024 | 15,027 |  |

1327 Ltd (Registered number: 09848832)

Notes to the Financial Statements - continued

for the Year Ended 31 October 2024

7. | RESERVES

| Fair

| value

| reserve

£ |

| At 1 November 2023

| and 31 October 2024 | 79,087 |  |

8. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 31 October 2024 and 31 October 2023:

| 31.10.24 |  | 31.10.23

£ | £ |

| Darryl Amos

| Balance outstanding at start of year | (18,096 | ) | (18,096 | ) |

| Amounts repaid | - |  | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | (18,096 | ) | (18,096 | ) |

9. | RELATED PARTY DISCLOSURES

| At the balance sheet date, the company owed the associate company Amos & Amos ltd £72,936 (2023:£113,436).

| Mrs Jacalyn Elizabeth Amos is the director and 100 % shareholder of Amos & Amos ltd.

10. | ULTIMATE CONTROLLING PARTY

| The controlling party is Darryl Amos.

| The ultimate controlling party is Ms J E Amos.

| At the balance sheet date, Mr Darryl Amos and Mrs Jacalyn Elizabeth Amos owns 50 % shares each within the company. Therefore, they are the ultimate controlling parties by the virtue of their shares.