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REGISTERED NUMBER: 11410212 (England and Wales)



UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

MAALOUF HOLDINGS LIMITED

MAALOUF HOLDINGS LIMITED (REGISTERED NUMBER: 11410212)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MAALOUF HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: Dr N Chammas
Dr E F Maalouf





REGISTERED OFFICE: 7 Campden Hill Road
London
W8 7DX





REGISTERED NUMBER: 11410212 (England and Wales)





ACCOUNTANTS: Lucentum Business Services Ltd
Beckwith Barn
Warren Estate
Lordship Road
Chelmsford
Essex
CM1 3WT

MAALOUF HOLDINGS LIMITED (REGISTERED NUMBER: 11410212)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Investments 5 2,517,849 2,337,420

CURRENT ASSETS
Debtors 6 100 63,100
Cash at bank 7 101,863 76,738
101,963 139,838
CREDITORS
Amounts falling due within one year 8 7,578 7,578
NET CURRENT ASSETS 94,385 132,260
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,612,234

2,469,680

CAPITAL AND RESERVES
Called up share capital 9 100 100
Fair value reserve 10 303,580 165,781
Retained earnings 2,308,554 2,303,799
SHAREHOLDERS' FUNDS 2,612,234 2,469,680

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 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 27 July 2025 and were signed on its behalf by:





Dr E F Maalouf - Director


MAALOUF HOLDINGS LIMITED (REGISTERED NUMBER: 11410212)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

Maalouf Holdings 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 (£).


Amounts in these financial statements are rounded to the nearest Pound Sterling (£).

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Financial instruments
The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non puttable ordinary shares.

Taxation
Taxation for the year comprises current 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 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.

Valuation of investments
Investments in listed company shares, which have been classified as current asset investments, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

5. FIXED ASSET INVESTMENTS

2024 2023
£    £   
Other investments not loans 2,517,849 2,337,420

MAALOUF HOLDINGS LIMITED (REGISTERED NUMBER: 11410212)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

5. FIXED ASSET INVESTMENTS - continued

Additional information is as follows:
Listed
investments
£   
COST OR VALUATION
At 1 August 2023 2,173,840
Disposals (6,316 )
Revaluations 137,799
At 31 July 2024 2,305,323
NET BOOK VALUE
At 31 July 2024 2,305,323
At 31 July 2023 2,173,840

The listed investments are held within managed portfolios. The fair value of the investments held has been arrived at based on the portfolio valuations given by the financial planners by reference to the active market rate.

The historical cost of the listed investments was £2,009,406 (2023: £2,015,497).

Investments (neither listed nor unlisted) were as follows:
2024 2023
£    £   
Other investments 212,526 163,580

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by related parties - 63,000
Other debtors 100 100
100 63,100

7. CASH AT BANK
2024 2023
£    £   
Bank account 88,400 74,345
Managed portfolio cash account 2,274 1,302
Managed portfolio cash account 11,189 1,091
101,863 76,738

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 7,578 7,578

MAALOUF HOLDINGS LIMITED (REGISTERED NUMBER: 11410212)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Fair
value
reserve
£   
At 1 August 2023 165,781
Reserve transfer 137,799

At 31 July 2024 303,580

As fair value accounting requirements apply, the change in fair value has been recognised in profit or loss, it is not recognised in a revaluation reserve.

However, an entity may choose to transfer a portion of its retained profit and loss account equal to the cumulative fair value gains for presentation purposes to a separate reserve, as this element of the profit and loss is not realised, and not available for distribution.