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REGISTERED NUMBER: 14668335 (England and Wales)














ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

MAXKOLD HOLDINGS LTD

MAXKOLD HOLDINGS LTD (REGISTERED NUMBER: 14668335)

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










Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


MAXKOLD HOLDINGS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: Mr Salih Hacimusa
Mr Rudolph Jack Paul Alfred Reginiano





REGISTERED OFFICE: c/o Michael Filiou Ltd
Salisbury House
81 High Street
Potters Bar
Hertfordshire
EN6 5AS





REGISTERED NUMBER: 14668335 (England and Wales)





ACCOUNTANTS: Michael Filiou Ltd
Chartered Certified Accountants
www.michaelfiliou.com
Salisbury House
81 High Street
Potters Bar
Hertfordshire
EN6 5AS

MAXKOLD HOLDINGS LTD (REGISTERED NUMBER: 14668335)

ABRIDGED STATEMENT OF FINANCIAL POSITION
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Investment property 5 5,083,137 5,083,137

CURRENT ASSETS
Cash at bank 130,292 89,439

CREDITORS
Amounts falling due within one year 472,518 445,439
NET CURRENT LIABILITIES (342,226 ) (356,000 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,740,911

4,727,137

CREDITORS
Amounts falling due after more than one year 6 4,605,000 4,705,000
NET ASSETS 135,911 22,137

CAPITAL AND RESERVES
Called up share capital 9 2,000 2,000
Retained earnings 133,911 20,137
SHAREHOLDERS' FUNDS 135,911 22,137

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

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

MAXKOLD HOLDINGS LTD (REGISTERED NUMBER: 14668335)

ABRIDGED STATEMENT OF FINANCIAL POSITION - continued
31 MARCH 2025


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 Statement of Financial Position for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 3 June 2025 and were signed on its behalf by:




Mr Salih Hacimusa - Director



Mr Rudolph Jack Paul Alfred Reginiano - Director


MAXKOLD HOLDINGS LTD (REGISTERED NUMBER: 14668335)

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


1. STATUTORY INFORMATION

Maxkold Holdings 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.

The presentation currency of the financial statements is the 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.

Turnover
Turnover represents rents receivable.

Investment property
Investment property is initially recognised at cost which includes purchase cost and any directly attributable expenditure. At the end of each period, the carrying value is adjusted to the fair value at that date. Fair value is determined by consideration of comparable market data such as rental yields, location, condition and nature of the property. The gains and losses are taken to profit and loss at the end of each period. Deferred tax will be recognised in respect to any gains, and the amount included in profit and loss will be net of any deferred tax provision.

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.

4. EMPLOYEES AND DIRECTORS

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

MAXKOLD HOLDINGS LTD (REGISTERED NUMBER: 14668335)

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


5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024
and 31 March 2025 5,083,137
NET BOOK VALUE
At 31 March 2025 5,083,137
At 31 March 2024 5,083,137

The historical cost of the investment property is £5,083,137.

At the balance sheet date, the directors consider this amount to be a fair value representation of the market value.

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
2025 2024
£    £   
Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 800,000 800,000

Repayable by instalments
Bank loans more 5 yr by instal 375,000 475,000

7. LOANS

An analysis of the maturity of loans is given below:

2025 2024
£    £   
Amounts falling due within one year or on demand:
Bank loans 100,000 100,000

Amounts falling due between one and two years:
Bank loans - 1-2 years 100,000 100,000

Amounts falling due between two and five years:
Bank loans - 2-5 years 300,000 300,000

Amounts falling due in more than five years:
Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 800,000 800,000

MAXKOLD HOLDINGS LTD (REGISTERED NUMBER: 14668335)

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


7. LOANS - continued
2025 2024
£    £   
Repayable by instalments
Bank loans more 5 yr by instal 375,000 475,000

8. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Bank loans 1,675,000 1,775,000

The legal fixed and floating charge on the company's investment property is in favour of Handelsbanken Plc.

The company's loan from Handelsbanken Plc is secured by the corporate guarantees provided by the company's two shareholders, Maxkold Ltd and A.F.Reginiano Limited.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
2,000 Ordinary £1 2,000 2,000

10. ULTIMATE CONTROLLING PARTY

Due to the structure of the issued share capital, there is no overall control of the company by any one party.