DB2 INVESTMENTS LTD Filleted accounts for Companies House (small and micro)
DB2 INVESTMENTS LTD Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
13754002
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Statement of Financial Position |
2023 |
2022 |
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Note |
£ |
£ |
£ |
£ |
Fixed assets
Investments |
4 |
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Current assets
Debtors |
5 |
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Investments |
6 |
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– |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
7 |
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Net current assets |
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Total assets less current liabilities |
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Net assets |
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Capital and reserves
Called up share capital |
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Share premium account |
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Profit and loss account |
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Shareholders funds |
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Director's responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
10 May 2024
, and are signed on behalf of the board by:
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Director |
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Company registration number:
13754002
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Notes to the Financial Statements |
Year ended 30 September 2023
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 7 Yew Close, Buckhurst Hill, IG9 6BB, England.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Consolidation
Revenue recognition
Income tax
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Investments in associates
Investments in joint ventures
Impairment of fixed assets
Financial instruments
4.
Investments
Shares in group undertakings |
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£ |
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Cost |
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At 1 October 2022 |
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Additions |
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At 30 September 2023 |
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Impairment |
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At 1 October 2022 and 30 September 2023 |
– |
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Carrying amount |
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At 30 September 2023 |
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At 30 September 2022 |
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5.
Debtors
2023 |
2022 |
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£ |
£ |
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Amounts owed by group undertakings and undertakings in which the company has a participating interest |
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– |
Other debtors |
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6.
Investments
2023 |
2022 |
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£ |
£ |
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Other investments |
155,000 |
– |
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7.
Creditors:
amounts falling due within one year
2023 |
2022 |
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£ |
£ |
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Social security and other taxes |
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– |
Other creditors |
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-------- |
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8.
Director's advances, credits and guarantees
Included within other creditors above is a balance of £112 (2022: £43,332) owed to the director. No interest has been charged to the company in respect of the loan which is repayable on demand.
9.
Related party transactions
Included within debtors above is an amount of £107,472 owed by Opus 4 Logistics Limited a subsidiary company. Included within debtors above is an amount of £50,019 owed by Opus 4 Property Limited a company which is a 50% subsidiary.