Fischer Investments Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 10601000 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

FOR

FISCHER INVESTMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs MA Bastian

Mr KC Bastian

REGISTERED OFFICE:

5 Merchant Square

London

W2 1AY

REGISTERED NUMBER:

10601000 (England and Wales)

FIXED ASSETS

Investments

4

1,122,103

973,586

Investment property

5

11,714,807

10,572,962

12,836,910

11,546,548

CURRENT ASSETS

Debtors

6

19,921,587

22,683,842

Cash at bank

25,457

582,376

19,947,044

23,266,218

CREDITORS

Amounts falling due within one year

7

32,163,995

34,029,445

NET CURRENT LIABILITIES

(12,216,951

)

(10,763,227

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

619,959

783,321

PROVISIONS FOR LIABILITIES

8

-

116,189

NET ASSETS

619,959

667,132

CAPITAL AND RESERVES

Called up share capital

2

Revaluation reserve

9

(80,409

)

344,920

Retained earnings

700,366

322,210

619,959

667,132

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 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 10 June 2026 and were signed on its behalf by:

Mr KC Bastian - Director

1.	STATUTORY INFORMATION

Fischer 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Preparation of consolidated financial statements

The financial statements contain information about Fischer Investments Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

Revenue comprises the fair value of the sale of services, excluding value added taxes and represents net invoice value less estimated rebates and settlement discounts.

The company supplies services to customers under standard terms and conditions. In all cases revenue is recognised when the risks and rewards of ownership are transferred and this is defined to be on provision of the services.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

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.

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.

Operating leases

Rental income from operating leases is credited to the Income Statement on a straight line basis over the lease term.

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short term trade 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 measured subsequently at amortised cost using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	FIXED ASSET INVESTMENTS

2025

2024

as restated

£

Shares in group undertakings

90

Other investments not loans

1,122,013

973,496

1,122,103

973,586

Additional information is as follows:

Shares in

group

Listed

undertakings

investments

Totals

£

COST OR VALUATION

At 1 July 2024

90

973,496

973,586

Additions

-

465,256

Disposals

-

(476,590

)

(476,590

)

Revaluations

-

143,324

Reclassification/transfer

-

(22,437

)

(22,437

)

At 30 June 2025

90

1,083,049

1,083,139

NET BOOK VALUE

At 30 June 2025

90

1,083,049

1,083,139

At 30 June 2024

90

973,496

973,586

Cost or valuation at 30 June 2025 is represented by:

Shares in

group

Listed

undertakings

investments

Totals

£

Valuation in 2025

90

1,083,049

1,083,139

Investments (neither listed nor unlisted) were as follows:

2025

2024

as restated

£

Additions

(465,257

)

-

Disposals

476,590

-

Revaluations

5,194

-

Reclassifications/transfers

22,437

-

38,964

-

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 July 2024

10,572,962

Additions

1,710,166

Revaluations

(568,321

)

At 30 June 2025

11,714,807

NET BOOK VALUE

At 30 June 2025

11,714,807

At 30 June 2024

10,572,962

Fair value at 30 June 2025 is represented by:

£

Valuation in 2025

(107,211

)

Cost

11,822,018

11,714,807

Seven of the investment properties were valued by the directors on an open-market basis.

The remaining investment properties were valued on an open-market basis by Sturgis Snow & Astill Commercial Property Consultants.

6.

DEBTORS

2025

2024

as restated

£

Amounts falling due within one year:

Trade debtors

37,563

-

Other debtors

13,208,867

700,606

Directors' loan accounts

4,843,058

20,109,707

Taxation

1,558,413

VAT

-

38,685

Deferred tax asset

Taxation on revaluation

26,803

-

Prepayments and accrued income

246,883

223,831

19,921,587

22,631,242

Amounts falling due after more than one year:

Other debtors

-

52,600

Aggregate amounts

19,921,587

22,683,842

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as restated

£

Trade creditors

38,924

42,747

Taxation

142,212

187,031

Other creditors

31,934,144

33,793,667

Accruals and deferred income

48,715

6,000

32,163,995

34,029,445

8.	PROVISIONS FOR LIABILITIES

2024

as restated

£

Deferred tax

Taxation on revaluation

116,189

Deferred

tax

£

Balance at 1 July 2024

116,189

Utilised during year

(142,992

)

Balance at 30 June 2025

(26,803

)

9.

RESERVES

Revaluation

reserve

£

At 1 July 2024

344,920

Transfer to/from revaluation

reserve

(425,329

)

At 30 June 2025

(80,409

)

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 June 2025 and 30 June 2024:

2025

2024

as restated

£

Mr KC Bastian and Mrs MA Bastian

Balance outstanding at start of year

20,109,707

4,732,632

Amounts advanced

750,451

15,377,075

Amounts repaid

(16,017,100

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

4,843,058

20,109,707

Interest on the directors loan is charged at the HMRC prevailing official rate applicable during the year.

11.	RELATED PARTY DISCLOSURES

Within other debtors is an amount of £13,208,867 (2024 - £626,600) due from related companies.

Within other creditors is an amount of £31,934,144 (2024 - £33,793,667) due to related companies.

No interest was charged on the above balances.