Delos Holdings Limited 31/03/2025 iXBRL

Company registration number: 10674697

Delos Holdings Limited

Unaudited filleted financial statements

31 March 2025

Delos Holdings Limited

Contents

Directors and other information

Accountant's report

Statement of financial position

Notes to the financial statements

Delos Holdings Limited

Directors and other information


	Director	Mrs Nazenin Ansari Moshiri


	Secretary	Mr. Gholam-Reza Rahmat-Samii


	Company number	10674697


	Registered office	10 New Square
		Lincoln's Inn
		London
		WC2A 3QG


	Business address	5 Calico Row
		Plantation Wharf
		London
		SW11 3YH


	Accountant	Reza Samii Chartered Accountant
		19 Cornerways
		1 Daylesford Avenue
		London
		SW15 5QP

Delos Holdings Limited

Chartered accountant's report to the director on the preparation of the

unaudited statutory financial statements of Delos Holdings Limited

Year ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the financial statements of Delos Holdings Limited for the year ended 31 March 2025 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given me.

As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), I am subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.

My work has been undertaken in accordance with ICAEW Technical Release 07/16 AAF.

Reza Samii Chartered Accountant

19 Cornerways

1 Daylesford Avenue

London

SW15 5QP

26 November 2025

Delos Holdings Limited

Statement of financial position

31 March 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Investments	6	18,236,826		18,470,627
		_______		_______
			18,236,826		18,470,627

Current assets
Debtors	7	104,424		73,814
Cash at bank and in hand		2,434,089		1,661,879
		_______		_______
		2,538,513		1,735,693
Creditors: amounts falling due
within one year	8	( 16,723,264)		( 16,827,543)
		_______		_______
Net current liabilities			( 14,184,751)		( 15,091,850)
			_______		_______
Total assets less current liabilities			4,052,075		3,378,777

			_______		_______
Net assets			4,052,075		3,378,777
			_______		_______

Capital and reserves
Called up share capital			100		100
Profit and loss account			4,051,975		3,378,677
			_______		_______
Shareholders funds			4,052,075		3,378,777
			_______		_______

For the year ending 31 March 2025 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 financial statements for the year in question in accordance with section 476;

- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 26 November 2025 , and are signed on behalf of the board by:

Mrs Nazenin Ansari Moshiri

Director

Company registration number: 10674697

Delos Holdings Limited

Notes to the financial statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in United Kingdom. The address of the registered office is 10 New Square, Lincoln's Inn, London, WC2A 3QG.

Principal Activity: The principal activity of the company is that of investing in quoted equity shares and qualifying corporate bonds (QCB) and other similar investments traded on European Stock Markets.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Fixed asset investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

Staff costs including administration assistant's fees amounted to £28,900 (2024: £26,400).

5. Tax on profit

There is no corporation tax charge for the year due to availability of unrelieved management expenses and losses brought forward as of 1 April 2024.

6. Investments

	Qualifying Corporate Bonds	Other funds & investment products	Equity Share Investments	Total
	£	£	£	£
Cost
At 1 April 2024	5,752,244	2,442,458	10,275,925	18,470,627
Additions	2,603,019	169,351	2,612,034	5,384,404
Disposals	( 2,222,586)	( 868,161)	( 2,970,975)	( 6,061,722)
Fair value adjustment	(46,987)	404,662	85,842	443,517
	_______	_______	_______	_______
At 31 March 2025	6,085,690	2,148,310	10,002,826	18,236,826
	_______	_______	_______	_______
Impairment
At 1 April 2024 and 31 March 2025	-	-	-	-
	_______	_______	_______	_______
Carrying amount
At 31 March 2025	6,085,690	2,148,310	10,002,826	18,236,826
	_______	_______	_______	_______
At 31 March 2024	5,752,244	2,442,458	10,275,925	18,470,627
	_______	_______	_______	_______

The investments are managed by professional fund managers and comprise of liquid assets and investments listed on recognised stock exchanges. The fair market values as at 31st March 2025 have been taken from Portfolio Reports provided by the fund managers.

7. Debtors

	2025	2024
	£	£
Amounts owed by group undertakings and undertakings in which the company has a participating interest	13,447	-
Other debtors	90,977	73,814
	_______	_______
	104,424	73,814
	_______	_______

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	25,000	25,000
VAT payable	5,000	5,000
Other creditors	16,693,264	16,797,543
	_______	_______
	16,723,264	16,827,543
	_______	_______

Director's loan, which is repayable on demand, is unsecured and interest free.

9. Directors advances, credits and guarantees

	During the year the director entered into the following advances and credits with the company:

2025
		Balance brought forward	Advances /(credits) to the director	Amounts repaid	Balance o/standing
		£	£	£	£
	Mrs Nazenin Ansari Moshiri	( 16,783,749)	( 2,876)	107,407	( 16,679,218)
		_______	_______	_______	_______

2024
		Balance brought forward	Advances /(credits) to the director	Amounts repaid	Balance o/standing
		£	£	£	£
	Mrs Nazenin Ansari Moshiri	( 16,976,597)	( 2,993)	195,841	( 16,783,749)
		_______	_______	_______	_______

10. Related party transactions

The company was controlled throughout the current and previous year by its director Mrs. Nazenin Ansari Moshiri through her 100% shareholdings. The director's credit balance with the company as at 31.03.25 amounted to £16,679,218 (2024: £16,783,749). During the year the company advanced a loan of £13,447 to My Kayhan Limited, a company owned and controlled by the director. This loan which is unsecured and interest free is repayable on demand.