IRIS Accounts Production v25.2.0.378 14699504 Board of Directors Board of Directors 1.4.24 31.3.25 31.3.25 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh146995042024-03-31146995042025-03-31146995042024-04-012025-03-31146995042023-03-01146995042023-03-022024-03-31146995042024-03-3114699504ns15:EnglandWales2024-04-012025-03-3114699504ns14:PoundSterling2024-04-012025-03-3114699504ns10:Director12024-04-012025-03-3114699504ns10:Director22024-04-012025-03-3114699504ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3114699504ns10:SmallEntities2024-04-012025-03-3114699504ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-3114699504ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3114699504ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3114699504ns10:FullAccounts2024-04-012025-03-3114699504ns10:OrdinaryShareClass12024-04-012025-03-3114699504ns10:RegisteredOffice2024-04-012025-03-3114699504ns5:CurrentFinancialInstruments2025-03-3114699504ns5:CurrentFinancialInstruments2024-03-3114699504ns5:ShareCapital2025-03-3114699504ns5:ShareCapital2024-03-3114699504ns5:SharePremium2025-03-3114699504ns5:SharePremium2024-03-3114699504ns5:RetainedEarningsAccumulatedLosses2025-03-3114699504ns5:RetainedEarningsAccumulatedLosses2024-03-3114699504ns5:CostValuation2024-03-3114699504ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-3114699504ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3114699504ns10:OrdinaryShareClass12025-03-3114699504ns5:RetainedEarningsAccumulatedLosses2024-03-3114699504ns5:SharePremium2024-03-3114699504ns5:RetainedEarningsAccumulatedLosses2024-04-012025-03-31
REGISTERED NUMBER: 14699504 (England and Wales)















Houiris Property Company Ltd

Unaudited Financial Statements

for the Year Ended 31 March 2025






Houiris Property Company Ltd (Registered number: 14699504)

Contents of the Financial Statements
for the year ended 31 March 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Houiris Property Company Ltd

Company Information
for the year ended 31 March 2025







Directors: A J Houiris
A G Houiris





Registered office: 58 Winchmore Hill
Farm Road
London
N21 3JA





Registered number: 14699504 (England and Wales)





Accountants: Cooper Parry Advisory Limited
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA

Houiris Property Company Ltd (Registered number: 14699504)

Balance Sheet
31 March 2025

2025 2024
Notes £ £ £ £
Fixed assets
Investments 4 23 23
Investment property 5 900,315 -
900,338 23

Current assets
Debtors 6 2,403 626,524
Cash at bank 16,394 -
18,797 626,524
Creditors
Amounts falling due within one year 7 7,042 -
Net current assets 11,755 626,524
Total assets less current liabilities 912,093 626,547

Capital and reserves
Called up share capital 8 100 100
Share premium 9 626,447 626,447
Retained earnings 9 285,546 -
Shareholders' funds 912,093 626,547

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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 August 2025 and were signed on its behalf by:




A J Houiris - Director



A G Houiris - Director


Houiris Property Company Ltd (Registered number: 14699504)

Notes to the Financial Statements
for the year ended 31 March 2025


1. Statutory information

Houiris Property Company 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.

Going concern
The financial statements have been prepared on a going concern basis. The Directors have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Investment property
Investment properties are included in the Balance sheet at their open market value in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) and are not depreciated. This treatment is contrary to the Companies Act 2006 which states that fixed assets should be depreciated but is, in the opinion of the directors, necessary in order to give a true and fair view of the financial position of the company.

Financial instruments
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts which are an integral part of the company's cash management.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

3. Employees and directors

The average number of employees during the year was 2 (2024 - 2 ) .

Houiris Property Company Ltd (Registered number: 14699504)

Notes to the Financial Statements - continued
for the year ended 31 March 2025


4. Fixed asset investments
Other
investments
£
Cost
At 1 April 2024
and 31 March 2025 23
Net book value
At 31 March 2025 23
At 31 March 2024 23

5. Investment property
Total
£
Fair value
Additions 900,315
At 31 March 2025 900,315
Net book value
At 31 March 2025 900,315

6. Debtors: amounts falling due within one year
2025 2024
£ £
Amounts owed by group undertakings - 626,424
Other debtors 2,403 100
2,403 626,524

7. Creditors: amounts falling due within one year
2025 2024
£ £
Amounts owed to group undertakings 12 -
Other creditors 7,030 -
7,042 -

8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £ £
100 Ordinary 1 100 100

Houiris Property Company Ltd (Registered number: 14699504)

Notes to the Financial Statements - continued
for the year ended 31 March 2025


9. Reserves
Retained Share
earnings premium Totals
£ £ £

At 1 April 2024 - 626,447 626,447
Profit for the year 310,546 310,546
Dividends (25,000 ) (25,000 )
At 31 March 2025 285,546 626,447 911,993

10. Non distributable reserves

Included in reserves is £243,000 that relates to a revaluation of investment property. This balance is not distributable until the property is sold.