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REGISTERED NUMBER: 11155851 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

FOR

SCHLOPHIE LIMITED
SCHLOPHIE LIMITED (REGISTERED NUMBER: 11155851)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


SCHLOPHIE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2025







DIRECTOR: Mr D Zenios





REGISTERED OFFICE: 869 High Road
London
N12 8QA





REGISTERED NUMBER: 11155851 (England and Wales)





ACCOUNTANTS: EA
Chartered Accountants
869 High Road
London
N12 8QA
Page 1
SCHLOPHIE LIMITED (REGISTERED NUMBER: 11155851)

STATEMENT OF FINANCIAL POSITION
31 JANUARY 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Investments 4 239,500 307,000

CURRENT ASSETS
Debtors 5 622,118 630,758
Cash at bank and in hand 228,571 12,667
850,689 643,425
CREDITORS
Amounts falling due within one year 6 335,446 494,513
NET CURRENT ASSETS 515,243 148,912
TOTAL ASSETS LESS CURRENT
LIABILITIES
754,743
455,912

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 754,643 455,812
SHAREHOLDERS' FUNDS 754,743 455,912

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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 28 March 2025 and were signed by:





Mr D Zenios - Director


The notes form part of these financial statements

Page 2
SCHLOPHIE LIMITED (REGISTERED NUMBER: 11155851)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

1. STATUTORY INFORMATION

Schlophie 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.

INVESTMENTS IN SUBSIDIARIES
Investments in subsidiaries are measured at fair values.

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 statement of financial position date.

DEFERRED TAX
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 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.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Shares in
group Unlisted
undertakings investments Totals
£    £    £   
COST OR VALUATION
At 1 February 2024 7,000 300,000 307,000
Revaluations 32,500 (100,000 ) (67,500 )
At 31 January 2025 39,500 200,000 239,500
NET BOOK VALUE
At 31 January 2025 39,500 200,000 239,500
At 31 January 2024 7,000 300,000 307,000

Page 3 continued...
SCHLOPHIE LIMITED (REGISTERED NUMBER: 11155851)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025

4. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 31 January 2025 is represented by:

Shares in
group Unlisted
undertakings investments Totals
£    £    £   
Valuation in 2025 39,400 (600,000 ) (560,600 )
Cost 100 800,000 800,100
39,500 200,000 239,500

If fixed asset investments had not been revalued they would have been included at the following historical cost:

2025 2024
£    £   
Cost 800,100 800,100

Fixed asset investments were valued on a fair value basis on 31 January 2025 by the director .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Amounts owed by group undertakings 610,411 618,984
Amounts owed by participating interests 11,557 11,557
Other debtors 150 217
622,118 630,758

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other creditors 335,446 494,513

7. RELATED PARTY DISCLOSURES

Included in creditors, amount falling due within one year, is an interest free amount of £14,101 (2024: £13,349) due to Mr D Zenios, director of the company.

8. ULTIMATE CONTROLLING PARTY

During the period under review, the company was under the control of Mr D Zenios, director of the company.

Page 4