REGISTERED NUMBER: 11205431 (England and Wales)

ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

ANGH GROUP LTD

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Angelo Hamalis

REGISTERED OFFICE:

c/o Michael Filiou Ltd

Salisbury House

81 High Street

Potters Bar

Hertfordshire

EN6 5AS

REGISTERED NUMBER:

11205431 (England and Wales)

ACCOUNTANTS:

Michael Filiou Ltd

Chartered Certified Accountants

www.michaelfiliou.com

Salisbury House

81 High Street

Potters Bar

Hertfordshire

EN6 5AS

FIXED ASSETS

Investment property

5

3,277,000

3,277,000

CURRENT ASSETS

Debtors

4,750

10,250

Cash at bank

96,504

322,058

101,254

332,308

CREDITORS

Amounts falling due within one year

903,595

807,875

NET CURRENT LIABILITIES

(802,341

)

(475,567

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,474,659

2,801,433

CREDITORS

Amounts falling due after more than one year

1,895,501

2,317,633

NET ASSETS

579,158

483,800

CAPITAL AND RESERVES

Called up share capital

6

1,000

1,000

Fair value reserve

7

(90,000

)

(90,000

)

Retained earnings

668,158

572,800

SHAREHOLDERS' FUNDS

579,158

483,800

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 December 2025 and were signed by:

Mr Angelo Hamalis - Director

1.	STATUTORY INFORMATION

ANGH 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is rental income receivable from properties owned by the company.

Investment property

Investment property is shown at most recent valuation and is held for long-term investment. Investment property is initially recognised at cost which includes purchase cost and any directly attributable expenditure. Investment property whose fair value can be measured reliably is carried at fair value. The surplus or deficit is recognised in the income statement accumulated in fair value reserve unless a deficit below original cost, or its reversal, on an individual investment property is expected to be permanent, in which case it is recognised in the income statement for the period. The company engages independent valuers to assist the directors in determining fair value. Deferred taxation is provided on these gains at the rate expected to apply until the property is disposed.

If a reliable measure of fair value is not available without incurring undue costs or effort it shall be transferred to property, plant and equipment and accounted for under the cost model until it is expected that fair value will be reliably measurable on an on-going basis.

Depreciation is not provided in respect of such property in accordance to FRS 102 Chapter 16 Investment Property.

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 statement of financial position date.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

3,277,000

NET BOOK VALUE

At 31 March 2025

3,277,000

At 31 March 2024

3,277,000

The investment properties have been included at director's valuation of £3,277,000 (2024 - £3,277,000). The historical cost of the investment properties held at valuation in land and buildings is £3,367,000 (2024 - £3,367,000). The director is of opinion that this valuation remain appropriate as at the reporting date.

Fair value at 31 March 2025 is represented by:

£

Valuation in 2020

(90,000

)

Cost

3,367,000

3,277,000

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1,000

Ordinary

£1

1,000

1,000

7.

RESERVES

Fair

value

reserve

£

At 1 April 2024

and 31 March 2025

(90,000

)

Fair value reserve is not distributable.

8.	RELATED PARTY DISCLOSURES

Loan from shareholder

As at the reporting date, the company owed Mr Angelo Hamalis, a director and shareholder, the sum of £1,895,501 (2024 - £2,317,633). The loan is unsecured, interest-free and is repayable on demand.

Loan from Sapphire & Co Ltd

Included under other creditors is an amount £360,010 (2024 - £350,010) owed by the company to Sapphire & Co Ltd, a company in which Mr Angelo Hamalis is a director and a 100% shareholder. The loan is unsecured, interest-free and is repayable on demand.

Loan from Madgecourt Limited

Also included under other creditors, is an amount £498,500 ( 2024 - £404,500) owed by the company to Madgecourt Limited, a company in which Mr Angelo Hamalis is a director and a 50% shareholder.The loan is unsecured, interest-free and is repayable on demand.

9.	ULTIMATE CONTROLLING PARTY

Mr Angelo Hamalis controls the company by virtue of his controlling interest of 100% of the issued ordinary share capital.