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Registration number: 12062700

Omega Investments (London) Limited
Unaudited Filleted Abridged Financial Statements
for the Year Ended 31 December 2024

Omega Investments (London) Limited

Contents

Company Information | 1
Abridged Balance Sheet | 2 to 3
Notes to the Unaudited Abridged Financial Statements | 4 to 7

Omega Investments (London) Limited

Company Information

Director | Carl Barrett

Registered office | 5th Floor 86 Jermyn Street London SW1Y 6AW

Accountants | Verfides 5th Floor 86 Jermyn Street London SW1Y 6AW

Omega Investments (London) Limited

(Registration number: 12062700)
Abridged Balance Sheet as at 31 December 2024

| Note | 2024 € | 2023 €
Fixed assets |  |  |
Tangible assets |  | 99,000 | 99,000
General & internal funds |  | - | 3,993,769
Investments | 4 | 14,354,124 | 14,354,124
|  | 14,453,124 | 18,446,893
Current assets |  |  |
Debtors |  | 7,434,738 | 9,896,628
Investments | 5 | 5,796,062 | 90,288
Cash at bank and in hand |  | 2,186,440 | 2,424,921
|  | 15,417,240 | 12,411,837
Creditors: Amounts falling due within one year |  | (52,210) | (13,326)
Net current assets |  | 15,365,030 | 12,398,511
Total assets less current liabilities |  | 29,818,154 | 30,845,404
Accruals and deferred income |  | (5,182) | (4,968)
Net assets |  | 29,812,972 | 30,840,436
Capital and reserves |  |  |
Called up share capital |  | 51,116 | 51,116
Share premium reserve |  | 13,950,000 | 13,950,000
Retained earnings |  | 15,811,856 | 16,839,320
Shareholders' funds |  | 29,812,972 | 30,840,436

For the financial 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.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Omega Investments (London) Limited

(Registration number: 12062700)
Abridged Balance Sheet as at 31 December 2024

Approved and authorised by the director on 13 November 2025

.........................................

Carl Barrett

Director

Omega Investments (London) Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2024

1 | General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
5th Floor
86 Jermyn Street
London
SW1Y 6AW

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements were prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
These financial statements are prepared in Euro which is the functional currency of the company and are rounded to the nearest whole Euro.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Omega Investments (London) Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2024

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Omega Investments (London) Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2024

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 2).

4 | Investments

| Total €
Cost or valuation
At 1 January 2024 | 14,354,124
Carrying amount
At 31 December 2024 | 14,354,124
At 31 December 2023 | 14,354,124

5 | Current asset investments

| 2024 € | 2023 €
Shares in group undertakings | 5,796,062 | 90,288

6 | Dividends

| 2024 | 2023
| € | €
Interim dividend |
1,400,000
950,000

Omega Investments (London) Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2024

7 | Related party transactions

Summary of transactions with other related parties

Omega Investments (London) Limited currently has a loan receivable with Edelweiss Resorts GMBH (a 100% subsidiary of Omega) for €3,720,000 . There is accrued interest of €172,536 on the loan.
Omega Investments (London) Limited also has a dividend receivable with Ares Capital SASU (a 100% subsidiary of Omega) for €3,500,000 . There is accrued interest of €39,916 on the amount.