for the Period Ended 31 July 2024
| Company Information - 3 | |
| Report of the Directors - 4 | |
| Profit and Loss Account - 5 | |
| Balance sheet - 6 | |
| Additional notes - 8 | |
| Balance sheet notes - 11 |
for the Period Ended 31 July 2024
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| Registered office: |
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The directors present their report with the financial statements of the company for the period ended 31 July 2024
Additional information
During the year ended 31 July 2024, the company acquired shareholdings in the following entities: E.Erre 1 Srl (Italy) £7,084,900, E.Erre 2 Srl (Italy) £3,377,237, Invictus I Srl (Italy) £11,448,835, Kaizen Capital Investment FZCO (UAE) £10,693. The first three companies were conferred by the UBO as capital contributions (non-cash). The fourth was incorporated directly in the UAE by the company. These investments are recorded as non current assets. Creditors: Amounts Falling Due After More Than One Year. These relate to intercompany balances with the Italian companies. A total of £463,645 is still outstanding. These are interest-free, unsecured, and without fixed repayment terms. Corporation Tax A liability of £8,761.25 has been recognised for corporation tax due on the company's 2024 profits, included in creditors due within one tax year.
Directors
The directors shown below have held office during the whole of the period from 01 August 2023 to 31 July 2024
This report was approved by the board of directors on
And Signed On Behalf Of The Board By:
Name:
Status: Director
for the Period Ended 31 July 2024
Notes |
2024 £ |
2023 £ |
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| Gross Profit or (Loss) |
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| Income from coronavirus (COVID-19) business support grants | 0 | 0 | |
| Distribution Costs |
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| Administrative Expenses |
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| Operating Profit or (Loss) |
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| Profit or (Loss) Before Tax |
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| Tax on Profit |
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| Profit or (Loss) for Period |
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The notes form part of these financial statements
As at
Notes |
2024 £ |
2023 £ |
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| Fixed assets | |||
| Intangible assets: | 4 |
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| Total fixed assets: |
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| Current assets | |||
| Stocks: |
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| Debtors: | 5 |
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| Cash at bank and in hand: |
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| Total current assets: |
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| Creditors: amounts falling due within one year: | 6 |
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| Net current assets (liabilities): |
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| Total assets less current liabilities: |
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| Creditors: amounts falling due after more than one year: |
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| Provision for liabilities: |
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| Accruals and deferred income: |
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| Total net assets (liabilities): |
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The notes form part of these financial statements
As at 31 July 2024
Notes |
2024 £ |
2023 £ |
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| Capital and reserves | |||
| Called up share capital: |
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| Revaluation reserve: | 7 |
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| Profit and loss account: |
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| Shareholders funds: |
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This report was approved by the board of directors on
And Signed On Behalf Of The Board By:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 July 2024
Basis of measurement and preparation
for the Period Ended 31 July 2024
2024 |
2023 |
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| Average number of employees during the period |
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for the Period Ended 31 July 2024
for the Period Ended 31 July 2024
| Total | |
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| Cost | £ |
| At 01 August 2023 |
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| Additions |
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| Disposals |
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| Revaluations |
( |
| Transfers |
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| At 31 July 2024 |
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| Amortisation | |
| Amortisation at 01 August 2023 |
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| Charge for year |
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| On disposals |
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| Other adjustments |
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| Amortisation at 31 July 2024 |
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| Net book value | |
| Net book value at 31 July 2024 |
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| Net book value at 31 July 2023 |
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for the Period Ended 31 July 2024
for the Period Ended 31 July 2024
E.Erre 1 Srl (Italy) £7,084,900
E.Erre 2 Srl (Italy) £3,377,237
Invictus I Srl (Italy) £11,448,835
Kaizen Capital Investment FZCO (UAE) £10,693
The first three companies were conferred by the shareholder as capital contributions (non-cash). The fourth was incorporated directly in the UAE by the company.
for the Period Ended 31 July 2024
2024 £ |
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| Balance at 01 August 2023 |
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| Surplus or deficit after revaluation |
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| Balance at 31 July 2024 |
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