General Information
Assure Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 09798826, registration address Merlin House, Brunel Road, Theale, Reading, Berkshire, RG7 4AB. The trading address of the company is 8 Boults Walk, Reading, Berkshire, RG2 0AX.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102(1A) The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Going concern
The accounts are prepared on a going concern basis. The use of the going concern basis of accounting is appropriate because there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the statement of income, 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 statement of financial position date.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 and 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.
Investment properties
Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties are recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.
Debtors
Short term debtors are measured at transaction price less any impairment. Loans receivable are measured at initially at fair value, net of transaction costs, and are measured subsequently at amortised costs using the effective interest method.
Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans are measured initially at fair value, net of transaction costs, and are subsequently measured at amortised costs using the effective interest method.
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| 2. |
Average number of employees
Average number of employees during the year was 1 (2025 : 1).
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| 3. |
Tangible fixed assets
| Cost or valuation |
Investment properties |
|
Total |
| |
£ |
|
£ |
| At 01 April 2025 |
1,296,015 |
|
1,296,015 |
| Additions |
- |
|
- |
| Disposals |
- |
|
- |
| Revaluations |
19,440 |
|
19,440 |
| At 31 March 2026 |
1,315,455 |
|
1,315,455 |
| Depreciation |
| At 01 April 2025 |
- |
|
- |
| Charge for year |
- |
|
- |
| On disposals |
- |
|
- |
| At 31 March 2026 |
- |
|
- |
| Net book values |
| Closing balance as at 31 March 2026 |
1,315,455 |
|
1,315,455 |
| Opening balance as at 01 April 2025 |
1,296,015 |
|
1,296,015 |
Cost or valuation at 31 March 2026 is represented by:
£
Valuation in 2026 19,440
Valuation in 2025 48,214
Valuation in 2024 479,213
Cost 768,588
If investment property had not been revalued it would be included at the following historical cost:
31.03.26 31.03.25
£ £
Cost 768,588 768,588
Investment property was valued on a fair basis on 31 March 2026 by the director.
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Director's Advances, Credits And Guarantees
At the balance sheet, the following balance existed on loan accounts with the directors:
A J S Mariano - £1,578 in credit (2025: £789 in credit)
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| 5. |
Secured Debts
On the 04/09/2017 a charge was registered in favour of Paratus AMC Limited. The charge contains a fixed charge over the company's land at Flat 4, Alastair Nicholas Court..
On the 12/10/2017 a charge was registered in favour of National Couties Building Society. The charge contains a fixed charge, floating charge and a negative pledge over the company's land at 21 Downham Court, Shinfield Road, Reading.
On the 18/06/2018 a charge was registered in favour of Charter Court Financial Services Limited. The charge contains a negative pledge over the company's leasehold property known as 10 Hillbrow Reading.
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