ANZ Investments Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: SC072313 (Scotland)

Abridged Unaudited Financial Statements

for the Period 1 September 2022 to 31 March 2023

for

ANZ Investments Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

W A Burgess

Mrs S A Burgess

REGISTERED OFFICE:

31 Queen Street

Stranraer

Dumfries & Galloway

DG9 7LQ

REGISTERED NUMBER:

SC072313 (Scotland)

ACCOUNTANTS:

McMillan Bain & Company

27 High Park Avenue

Stranraer

Dumfries & Galloway

DG9 0DE

FIXED ASSETS

Tangible assets

4

21,483

21,483

Investment property

5

80,364

80,364

101,847

101,847

CURRENT ASSETS

Debtors

269,658

246,168

Cash at bank and in hand

50,845

85,258

320,503

331,426

CREDITORS

Amounts falling due within one year

75,465

93,210

NET CURRENT ASSETS

245,038

238,216

TOTAL ASSETS LESS CURRENT LIABILITIES

346,885

340,063

PROVISIONS FOR LIABILITIES

-

913

NET ASSETS

346,885

339,150

CAPITAL AND RESERVES

Called up share capital

6

45,100

45,100

Retained earnings

301,785

294,050

SHAREHOLDERS' FUNDS

346,885

339,150

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2023 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.

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 31 March 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 December 2023 and were signed on its behalf by:

W A Burgess - Director

1.	STATUTORY INFORMATION

ANZ Investments Limited is a private company, limited by shares , registered in Scotland. 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

The property values have been assessed by the Directors and the cost values are deemed to be representative of the fair value of the properties as at the 31 August 2023 based on a rental return of 4.5%.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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 period 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Investments

Fixed asset investments are stated at cost less provision for diminution value.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2022 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 September 2022

and 31 March 2023

21,483

NET BOOK VALUE

At 31 March 2023

21,483

At 31 August 2022

21,483

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2022

and 31 March 2023

80,364

NET BOOK VALUE

At 31 March 2023

80,364

At 31 August 2022

80,364

Fair value at 31 March 2023 is represented by:

£

Valuation in 2020

80,364

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2023

2022

value:

£

£

100

Ordinary shares

£1

100

100

45,000

6% Cumulative Redeemable B

Preference shares

£1

45,000

45,000

45,100

45,100