Company Registration No. 13302790 (England and Wales)
FRIENDS INVESTMENT CLUB LTD.
Unaudited accounts
for the year ended 31 March 2025
FRIENDS INVESTMENT CLUB LTD.
Unaudited accounts
Contents
FRIENDS INVESTMENT CLUB LTD.
Company Information
for the year ended 31 March 2025
Directors
Aktar Hussain
Mahbub Alam
Fokrul Islam
Company Number
13302790 (England and Wales)
Registered Office
242 HIGH STREET
PONDERS END
ENFIELD
MIDDLESEX
EN3 4EZ
UNITED KINGDOM
FRIENDS INVESTMENT CLUB LTD.
Statement of financial position
as at 31 March 2025
Investment property
418,325
195,000
Cash at bank and in hand
2,315
58,030
Creditors: amounts falling due within one year
(289,779)
(1,224)
Net current (liabilities)/assets
(288,764)
56,806
Total assets less current liabilities
129,561
251,806
Creditors: amounts falling due after more than one year
(119,122)
(241,940)
Called up share capital
100
100
Profit and loss account
10,339
9,766
Shareholders' funds
10,439
9,866
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 27 November 2025 and were signed on its behalf by
Aktar Hussain
Director
Company Registration No. 13302790
FRIENDS INVESTMENT CLUB LTD.
Notes to the Accounts
for the year ended 31 March 2025
FRIENDS INVESTMENT CLUB LTD. is a private company, limited by shares, registered in England and Wales, registration number 13302790. The registered office is 242 HIGH STREET, PONDERS END, ENFIELD, MIDDLESEX, EN3 4EZ, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Investment property is held at cost price and no valuation has been carried out during the period. Depreciation is not charged on the building as the residual value is considered to be higher than the carrying value in accordance with the market trend.
Fair value at 1 April 2024
195,000
Amounts falling due within one year
Accrued income and prepayments
(1,300)
-
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
289,145
-
Taxes and social security
134
774
7
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
119,122
241,940
FRIENDS INVESTMENT CLUB LTD.
Notes to the Accounts
for the year ended 31 March 2025
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).