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REGISTERED NUMBER: 10811055 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

FOR

MERRYHILLS INVESTMENTS LTD

MERRYHILLS INVESTMENTS LTD (REGISTERED NUMBER: 10811055)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 June 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MERRYHILLS INVESTMENTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 June 2025







DIRECTORS: P Onissiphorou
Mrs S Onissiphorou





REGISTERED OFFICE: 12 Gateway Mews
Ring Way
London
N11 2UT





REGISTERED NUMBER: 10811055 (England and Wales)





ACCOUNTANTS: G. George Associates Limited
Chartered Certified Accountants
12 Gateway Mews
Ring Way
London
N11 2UT

MERRYHILLS INVESTMENTS LTD (REGISTERED NUMBER: 10811055)

BALANCE SHEET
30 June 2025

30.6.25 30.6.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 521 695
Investment property 5 789,057 688,106
789,578 688,801

CURRENT ASSETS
Cash at bank 8,380 99,238

CREDITORS
Amounts falling due within one year 6 11,007 11,960
NET CURRENT (LIABILITIES)/ASSETS (2,627 ) 87,278
TOTAL ASSETS LESS CURRENT
LIABILITIES

786,951

776,079

CREDITORS
Amounts falling due after more than one year 7 (618,821 ) (636,517 )

PROVISIONS FOR LIABILITIES (6,419 ) (6,419 )
NET ASSETS 161,711 133,143

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Fair value reserve 8 27,367 27,367
Retained earnings 133,344 104,776
SHAREHOLDERS' FUNDS 161,711 133,143

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 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.

MERRYHILLS INVESTMENTS LTD (REGISTERED NUMBER: 10811055)

BALANCE SHEET - continued
30 June 2025


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 28 July 2025 and were signed on its behalf by:





P Onissiphorou - Director


MERRYHILLS INVESTMENTS LTD (REGISTERED NUMBER: 10811055)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 June 2025

1. STATUTORY INFORMATION

Merryhills Investments Ltd 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.

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.
Fixtures and fittings - 25% on reducing balance

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. Deferred taxation is provided on such surplus or deficit at the rate expected to apply when the property is sold.

The fair value profits on investment property is not a realised profit available for distribution. In order to differentiate the non-distributable profits with the distributable profits of the company, any fair value movements on investment property less the deferred tax on such movements is transferred from retained earnings to fair value reserves, which is a non-distributable reserve.

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.

3. EMPLOYEES AND DIRECTORS

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

MERRYHILLS INVESTMENTS LTD (REGISTERED NUMBER: 10811055)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 June 2025

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 July 2024
and 30 June 2025 2,347
DEPRECIATION
At 1 July 2024 1,652
Charge for year 174
At 30 June 2025 1,826
NET BOOK VALUE
At 30 June 2025 521
At 30 June 2024 695

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2024 688,106
Additions 100,951
At 30 June 2025 789,057
NET BOOK VALUE
At 30 June 2025 789,057
At 30 June 2024 688,106

Fair value at 30 June 2025 is represented by:
£   
Valuation in 2021 33,787
Cost 755,270
789,057

If investment property had not been revalued it would have been included at the following historical cost:

30.6.25 30.6.24
£    £   
Cost 755,270 654,319

Investment property was valued on open market basis on 30 June 2025 by the directors .

MERRYHILLS INVESTMENTS LTD (REGISTERED NUMBER: 10811055)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 June 2025

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.25 30.6.24
£    £   
Taxation and social security 6,742 7,695
Other creditors 4,265 4,265
11,007 11,960

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.25 30.6.24
£    £   
Bank loans 437,282 433,445
Other creditors 181,539 203,072
618,821 636,517

8. RESERVES
Fair
value
reserve
£   
At 1 July 2024
and 30 June 2025 27,367