REGISTERED NUMBER: 07500323 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

THE ISTORIA GROUP LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P G Atherton

C E Menzies

S L Rowe

SECRETARY:

P G Atherton

REGISTERED OFFICE:

Unit 1.1 Paintworks

Bristol

United Kingdom

BS4 3EH

REGISTERED NUMBER:

07500323 (England and Wales)

ACCOUNTANTS:

Lawes & Co

Boyce's Building

40-42 Regent Street

Clifton

Bristol

BS8 4HU

FIXED ASSETS

Investments

4

20,403

20,478

Investment property

5

1,245,000

1,245,000

1,265,403

1,265,478

CURRENT ASSETS

Debtors

6

17,624

6,046

Cash at bank

628

4,382

18,252

10,428

CREDITORS

Amounts falling due within one year

7

820,215

488,852

NET CURRENT LIABILITIES

(801,963

)

(478,424

)

TOTAL ASSETS LESS CURRENT LIABILITIES

463,440

787,054

CREDITORS

Amounts falling due after more than one year

8

(264,394

)

(282,683

)

PROVISIONS FOR LIABILITIES

-

(11,883

)

NET ASSETS

199,046

492,488

CAPITAL AND RESERVES

Called up share capital

10

1,000

1,000

Retained earnings

198,046

491,488

SHAREHOLDERS' FUNDS

199,046

492,488

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 3 September 2025 and were signed on its behalf by:

S L Rowe - Director

1.	STATUTORY INFORMATION

The Istoria Group 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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakin

£

COST

At 1 January 2024

20,478

Disposals

(75

)

At 31 December 2024

20,403

NET BOOK VALUE

At 31 December 2024

20,403

At 31 December 2023

20,478

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

1,245,000

NET BOOK VALUE

At 31 December 2024

1,245,000

At 31 December 2023

1,245,000

Fair value at 31 December 2024 is represented by:

£

Valuation in 2018

164,164

Valuation in 2020

39,534

Cost

1,041,302

1,245,000

Investment properties were valued on an open market basis on 27 September 2024 by Alder King Property Consultants .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

-

6,046

Other debtors

17,624

-

17,624

6,046

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

16,534

14,777

Trade creditors

36

3,028

Taxation and social security

-

3,996

Other creditors

803,645

467,051

820,215

488,852

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

264,394

282,683

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

198,258

223,574

9.	SECURED DEBTS

The company's bankers have fixed and floating charges over the assets of the company and its subsidiaries. The bank also holds security over the company's investment property.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

540

Ordinary A

£1.00

540

540

460

Ordinary B

£1.00

460

460

1,000

1,000

11.	RELATED PARTY DISCLOSURES

At the balance sheet date the company owed the directors 1,999 (2023: £1,999).

12.	ULTIMATE CONTROLLING PARTY

During the year the company was under the ultimate control of C E Menzies by virtue of a majority shareholding.