REGISTERED NUMBER: 03820451 (England and Wales)

BRONZE INVESTMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Julius Hans Agbor

SECRETARY:

Rotherwick Directors Limited

REGISTERED OFFICE:

79 College Road

Harrow

Middlesex

HA1 1BD

REGISTERED NUMBER:

03820451 (England and Wales)

ACCOUNTANTS:

Joseph Kahan Associates LLP

Chartered Accountants

923 Finchley Road

London

NW11 7PE

FIXED ASSETS

Tangible assets

4

65

86

Investment property

5

2,500,000

2,650,000

2,500,065

2,650,086

CURRENT ASSETS

Debtors

1,455

4,300

Cash at bank

108,820

189,381

110,275

193,681

CREDITORS

Amounts falling due within one year

139,799

190,803

NET CURRENT (LIABILITIES)/ASSETS

(29,524

)

2,878

TOTAL ASSETS LESS CURRENT LIABILITIES

2,470,541

2,652,964

CREDITORS

Amounts falling due after more than one year

(13,392

)

(27,696

)

PROVISIONS FOR LIABILITIES

(490,252

)

(490,252

)

NET ASSETS

1,966,897

2,135,016

CAPITAL AND RESERVES

Called up share capital

6

100

100

Revaluation reserve

7

1,209,001

1,359,001

Retained earnings

757,796

775,915

SHAREHOLDERS' FUNDS

1,966,897

2,135,016

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 Income Statement and an abridged Statement of Financial Position for the year ended 31 August 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 18 November 2025 and were signed by:

Julius Hans Agbor - Director

1.	STATUTORY INFORMATION

Bronze 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents rental income receivable.

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, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Debtors

Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.

Cash and cash equivalents

Cash and cash equivalents are represented by cash in hand, deposits held at call with financial institutions, and other short-term highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors

Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, 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. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment.

Interest income

Interest income is recognised in profit or loss using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 September 2023

and 31 August 2024

10,700

DEPRECIATION

At 1 September 2023

10,614

Charge for year

21

At 31 August 2024

10,635

NET BOOK VALUE

At 31 August 2024

65

At 31 August 2023

86

5.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1 September 2023

2,650,000

Revaluations

(150,000

)

At 31 August 2024

2,500,000

NET BOOK VALUE

At 31 August 2024

2,500,000

At 31 August 2023

2,650,000

The director is of the opinion that the fair value of the investment properties as at the year end was £2,500,000 (2023: £2,650,000).

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

£1

100

100

7.

RESERVES

Revaluation

reserve

£

At 1 September 2023

1,359,001

Non Distributable Reserves

(150,000

)

At 31 August 2024

1,209,001