Quattro Holdings Ltd.

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—7

Registered number: 03028415

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		38,733		16,138,733
Investment Properties	5		23,393,064		28,358,064
Investments	6		15,237,595		12,924,110

			38,669,392		57,420,907
CURRENT ASSETS
Stocks	7	428,995		-
Debtors	8	19,672,122		17,494,017
Cash at bank and in hand		136,980		604,916

		20,238,097		18,098,933
Creditors: Amounts Falling Due Within One Year	9	(22,209,349 )		(21,789,996 )

NET CURRENT ASSETS (LIABILITIES)			(1,971,252 )		(3,691,063 )

TOTAL ASSETS LESS CURRENT LIABILITIES			36,698,140		53,729,844

Creditors: Amounts Falling Due After More Than One Year	10		(2,593,716 )		(4,090,325 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(5,608,951 )		(7,965,199 )

NET ASSETS			28,495,473		41,674,320

CAPITAL AND RESERVES
Called up share capital	11		10,000		10,000
Revaluation reserve	12		12,960,452		24,302,602
Profit and Loss Account			15,525,021		17,361,718

SHAREHOLDERS' FUNDS			28,495,473		41,674,320

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Quattro Holdings Ltd.

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr. Thomas James

Director

25 September 2025

The notes on pages 3 to 7 form part of these financial statements.

1. General Information

Quattro Holdings Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 03028415 . The registered office is Quattro House Acton Goods Yard, 305 Horn Lane, Acton, London, W3 0BP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	2% on valuation straight line basis
Leasehold	Over the lease term
Plant & Machinery	20% on cost straight line basis
Motor Vehicles	20% on cost straight line basis
Fixtures & Fittings	20% on cost straight line basis

2.3. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit profit and loss account.

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

...CONTINUED

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Quattro Holdings Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

2.5. Taxation - continued

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2023: 2)

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Total
	£	£	£
Cost
As at 1 January 2024	16,100,000	38,733	16,138,733
Disposals	(16,100,000 )	-	(16,100,000 )

As at 31 December 2024	-	38,733	38,733

Net Book Value
As at 31 December 2024	-	38,733	38,733

As at 1 January 2024	16,100,000	38,733	16,138,733

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Quattro Holdings Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

5. Investment Property

	2024
	£
Fair Value
As at 1 January 2024	28,358,064
Disposals	(4,965,000 )

As at 31 December 2024	23,393,064

6. Investments

	Joint Ventures
	£
Cost
As at 1 January 2024	12,924,110
Additions	2,313,485

As at 31 December 2024	15,237,595

Provision
As at 1 January 2024	-

As at 31 December 2024	-

Net Book Value
As at 31 December 2024	15,237,595

As at 1 January 2024	12,924,110

Quattro Holdings Limited has a participating interest in Thorney Lane LLP, a property investment , letting and property development limited liability partnership, with a one -third interest. The investment shown at carrying value represents the amount of the investment at valuation and includes a one-third share of the profits and losses of Thorney Lane LLP less payments received from Thorney Lane LLP.

The investment includes an amount of enhancement expenditure incurred to date by Quattro Holdings Limited on the land owned at Thorney Lane LLP.

7. Stocks

	2024	2023
	£	£
Stock and Work in Progress	428,995	-

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Quattro Holdings Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

8. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	307,229	111,908
Prepayments and accrued income	20,541	207,783
Directors loan T James	-	100,000
Joint Venture	137,790	304,326
H & G Car Parks Ltd	2,950,000	-
Regency PR Propco Ltd	372,500	-
Interest receivable from H & G Car Parks Ltd	60,339	-
VAT	73,723	-
Amounts owed by Quattro UK Ltd	15,500,000	16,500,000
Amounts owed by Mansfield Farm Ltd	250,000	270,000

	19,672,122	17,494,017

Quattro (UK) Limited ,Mansfield Farm Iver Limited and Regency PR Propco Limited are all owned and controlled by T H James Esq.

9. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	202,218	275,990
Bank loans and overdrafts	2,489,967	2,003,425
Corporation tax	-	465,083
VAT	-	36,855
Loan from McGovern Bros (Haulage) Limited	3,840,000	11,500,000
Loan from David and Deidre Rook	1,500,000	1,500,000
Accruals and deferred income	2,080,118	358,643
Directors' loan accounts	5,597,046	-
Loan from Osbourne Investments Ltd	6,500,000	5,650,000

	22,209,349	21,789,996

The loan from McGovern Bros is secured over two properties owned by the Company.Osbourne Investments Limited is owned and controlled by T H James Esq.

10. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans	2,593,716	4,090,325

The bank loans are secured by fixed and floating charges over the company's assets.

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Quattro Holdings Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

11. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	10,000	10,000

12. Reserves

	Revaluation Reserve
	£
As at 1 January 2024	24,302,602
Transfer to profit and loss	(11,342,150 )

As at 31 December 2024	12,960,452

13. Related Party Transactions

During the year, the company entered into the following transactions with related parties :

1 Received rents from Quattro (UK) Ltd ( a company owned and controlled by T H James Esq - £250,000

2 Paid management charges to Quattro (UK) Ltd _ £60,000

3 Paid Quattro (UK) Ltd for works done - £145,000

4 Paid Quattro (UK) Ltd compensation for relocation expenses - £1,250,000

5 Paid interest to Osbourne Investments Ltd - £295,209

6 Paid rents to Thorney Lane LLP ( in which Quattro Holdings Ltd is a member ) - £933,833 .

14. Ultimate Controlling Party

On 13th November 2024 , the company became a wholly owned subsidiary of Regency PR1 Limited.All of the issued share capital of Regency PR1 Limited is owned by Mr T H James.

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