REGISTERED NUMBER: 14611753 (England and Wales)

MOSFILO TRADING LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 FEBRUARY 2024 TO 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S Andreou

C Andreou

REGISTERED OFFICE:

2nd Floor, One Hobbs House

Harrovian Business Village

Bessborough Road

Harrow

Middlesex

HA1 3EX

REGISTERED NUMBER:

14611753 (England and Wales)

ACCOUNTANTS:

KHI Albury Limited

2nd Floor, One Hobbs House,

Harrovian Business Village

Bessborough Road

Harrow

Middlesex

HA1 3EX

FIXED ASSETS

Tangible assets

4

8,151,000

8,151,000

CURRENT ASSETS

Debtors

5

382,475

400,295

CREDITORS

Amounts falling due within one year

6

1,299,260

1,156,355

NET CURRENT LIABILITIES

(916,785

)

(756,060

)

TOTAL ASSETS LESS CURRENT LIABILITIES

7,234,215

7,394,940

CREDITORS

Amounts falling due after more than one year

7

2,320,286

2,566,971

NET ASSETS

4,913,929

4,827,969

CAPITAL AND RESERVES

Called up share capital

9

1,000

1,000

Share premium

10

4,858,623

4,858,623

Retained earnings

10

54,306

(31,654

)

SHAREHOLDERS' FUNDS

4,913,929

4,827,969

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 December 2025 and were signed on its behalf by:

S Andreou - Director

1.	STATUTORY INFORMATION

Mosfilo Trading Limited 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover is recognised when the properties are occupied.

Tangible fixed assets

Although the Companies Act require the systematic annual depreciation of fixed assets, the directors believe the policy of not providing depreciation is necessary in order for the financial statements to give a true and fair view, since the current value of properties, and changes to that value, are of primary importance rather a calculation of systematic annual depreciation. Depreciation is only one of the many factors reflected in the annual valuation and the amount that might otherwise have been included cannot be separately identified or quantified.

Taxation

Taxation for the period 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 February 2024

and 31 March 2025

8,151,000

NET BOOK VALUE

At 31 March 2025

8,151,000

At 31 January 2024

8,151,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by associates

382,475

400,295

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

209,490

229,918

Amounts owed to associates

144,372

-

Taxation and social security

13,653

-

Other creditors

931,745

926,437

1,299,260

1,156,355

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

2,320,286

2,566,971

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loan

2,520,294

2,770,276

The Bank loan is secured by way of a fixed and floating charges, and negative pledge over the company's properties.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1,000

Ordinary

£1

1,000

1,000

10.

RESERVES

Retained

Share

earnings

premium

Totals

£

£

£

At 1 February 2024

(31,654

)

4,858,623

4,826,969

Profit for the period

85,960

85,960

At 31 March 2025

54,306

4,858,623

4,912,929

11.	RELATED PARTY DISCLOSURES

At the period-end date, included within debtors, amount falling due within one year, is the amount of £382,475 (2024: £NIL) owed by related party in which the director S Andreou has beneficial interest.

This amount is unsecured, interest-free and repayable on demand.

At the period-end date, included within creditors, amount falling due within one year, is the amount of £144,372 (2024: £-400,295) owed to related party in which the director S Andreou has beneficial interest.

At the period-end date, included within creditors, amounts falling due within one year, are the amounts of £442,641 (2024: £439,071) and £2,758 (2024: £1,186) owed to the directors, S Andreou and C Andreou respectively.

These amounts are unsecured, interest-free and payable on demand.

12.	ULTIMATE CONTROLLING PARTY

The controlling parties are S Andreou and C Andreou.

The ultimate controlling party is S Andreou by virtue of his shareholdings.