Allerton Invest Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 11893668 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2022

for

Allerton Invest Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J R Allerton

REGISTERED OFFICE:

Woodbridge Road

Sleaford

Lincolnshire

NG34 7EW

REGISTERED NUMBER:

11893668 (England and Wales)

ACCOUNTANTS:

Wright Vigar Limited

Chartered Accountants & Business Advisers

15 Newland

Lincoln

Lincolnshire

LN1 1XG

FIXED ASSETS

Investments

4

442,869

483,294

CURRENT ASSETS

Debtors

5

1

1

Cash at bank

52,042

8,587

52,043

8,588

CREDITORS

Amounts falling due within one year

6

100,693

97,483

NET CURRENT LIABILITIES

(48,650

)

(88,895

)

TOTAL ASSETS LESS CURRENT LIABILITIES

394,219

394,399

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

394,218

394,398

SHAREHOLDERS' FUNDS

394,219

394,399

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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.

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 9 September 2022 and were signed by:

J R Allerton - Director

1.	STATUTORY INFORMATION

Allerton Invest 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.

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.

Listed investments

Listed investments are included in the accounts at market value.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 April 2021

483,294

Additions

59,937

Disposals

(97,034

)

Share of profit/(loss)

8,796

Revaluations

(12,124

)

At 31 March 2022

442,869

NET BOOK VALUE

At 31 March 2022

442,869

At 31 March 2021

483,294

Cost or valuation at 31 March 2022 is represented by:

Other

investments

£

Valuation in 2022

442,869

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Other debtors

1

1

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Amounts owed to group undertakings

94,933

94,933

Taxation and social security

1,712

-

Other creditors

4,048

2,550

100,693

97,483

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2022

2021

value:

£

£

1

Ordinary

£1

1

1

8.	RELATED PARTY DISCLOSURES

Included within creditors is an amount of £94,933 owed to Allerton Construction Limited.