REGISTERED NUMBER: 14504693 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 November 2024

for

ATTOLLO HOMES LIMITED

Page

Company Information

1

Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

4

Director:

Y E Omenai

Registered office:

3rd Floor

86-90 Paul Street

London

EC2A 4NE

Registered number:

14504693 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

Broadwalk House, 5th Floor

5 Appold Street

Broadgate

London

EC2A 2AG

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Attollo Homes Limited for the year ended 30 November 2024 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

This report is made solely to the director of Attollo Homes Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Attollo Homes Limited and state those matters that we have agreed to state to the director of Attollo Homes Limited in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Attollo Homes Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Attollo Homes Limited. You consider that Attollo Homes Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Attollo Homes Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Cooper Parry Advisory Limited

Broadwalk House, 5th Floor

5 Appold Street

Broadgate

London

EC2A 2AG

20 October 2025

Current assets

Stocks

4

1,761,564

1,525,777

Debtors

5

40,203

957

Cash at bank

7,644

-

1,809,411

1,526,734

Creditors

Amounts falling due within one year

6

1,829,952

1,530,639

Net current liabilities

(20,541

)

(3,905

)

Total assets less current liabilities

(20,541

)

(3,905

)

Capital and reserves

Called up share capital

7

1

1

Retained earnings

(20,542

)

(3,906

)

Shareholders' funds

(20,541

)

(3,905

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 20 October 2025 and were signed by:

Y E Omenai - Director

1.	Statutory information

Attollo Homes Limited ("the company") is a private company, limited by shares, registered in England and Wales. The company's registered office address is 3rd Floor, 86-90 Paul Street, London, EC2A 4NE.

The financial statements are prepared in Sterling (£), which is the presentational currency of the company. The financial statements are for the year ended 30 November 2024 (2023: for the period 25 November 2022 to 30 November 2023).

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.

The company is in a net liability position but is supported by its parent company.

Going concern

At the balance sheet date, the company had net liabilities of £20,541 and a deficit on shareholder's funds of the same amount. The director has reviewed the position and is comfortable the company will be able to continue to operate within 12 months from the date of signing these financial statements.

On that basis, the director has prepared these financial statements on a going concern basis.

Stocks

Stocks relate to properties under development and are valued at the lower of cost and net realisable value. Work in progress comprises of all costs directly attributable to the development of property included legal and other costs.

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as other debtors and creditors, loans with related parties and other third parties.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss in recognised in the Income Statement.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an assets' carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the company would receive for the asset if it were to be sold at the balance sheet date.

Taxation

Taxation for the year comprises current tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	Employees and directors

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

4.

Stocks

2024

2023

£

£

Work-in-progress

1,761,564

1,525,777

5.

Debtors: amounts falling due within one year

2024

2023

£

£

Other debtors

40,203

957

6.

Creditors: amounts falling due within one year

2024

2023

£

£

Trade creditors

95,932

-

Amounts owed to group undertakings

1,644,520

1,530,639

Other creditors

89,500

-

1,829,952

1,530,639

7.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

1

Ordinary

£1

1

1

8.	Post balance sheet events

At the reporting date, there is a fixed charge over the assets of the company in relation to a mortgage facility for the company.

9.	Ultimate controlling party

The immediate controlling party is M. Cardigan Developments Limited, a company registered in England and Wales.

The ultimate controlling party is Yuki Omenai.