Animo_Holding_Company_Limited_31_Dec_2024_companies_house_set_of

		2024	2023
Turnover		136,485		440,785
Cost of sales		(297,258	)	(856,200	)
Gross loss		(160,773	)	(415,415	)
Administrative expenses		(1,167,618	)	(110,462	)
Operating loss		(1,328,391	)	(525,877	)
Income from shares in group undertakings		581,780		584,769
Income from other fixed asset investments		-		240,000
Other interest receivable and similar income		12		7
Interest payable and similar expenses		(4,104	)	(379	)
(Loss)/profit before tax	4	(750,703	)	298,520
Tax on (loss)/profit		-		96,159
(Loss)/profit for the financial year		(750,703	)	394,679

Animo Holding Company Limited

Statement of Financial Position

31 December 2024

		2024		2023
	Note	£		£
Fixed assets
Tangible assets	6	-		274
Investments	7	238,862		239,514
		238,862		239,788
Current assets
Debtors	8	4,171,321		3,825,339
Cash at bank and in hand		3,720		1,896
		4,175,041		3,827,235
Creditors: amounts falling due within one year	9	(4,749,810	)	(3,652,227	)
Net current (liabilities)/assets		(574,769	)	175,008
Total assets less current liabilities		(335,907	)	414,796
Capital and reserves
Called up share capital		100		100
Profit and loss account		(336,007	)	414,696
Shareholders (deficit)/funds		(335,907	)	414,796

For the 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.

Directors' 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 directors acknowledge 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 in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

These

financial statements

were approved by the board of directors and authorised for issue on

8 December 2025

, and are signed on behalf of the board by:

M Quirk

Director

Company registration number:

12463494

Animo Holding Company Limited

Notes to the Financial Statements

Year ended

31 December 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is

2nd Floor De Burgh House

Market Road

Wickford

Essex

SS12 0FD

, United Kingdom.

2 Statement of compliance

These

financial statements

have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to 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 assets.

The

financial statements

are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Current tax

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.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.

Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Office equipment

33% straight line

Fixed asset investments

Investments in subsidiaries, associates and joint ventures accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses.

Investments in subsidiaries, associates and joint ventures accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income or profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted.

Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.

Other fixed asset investments which are listed are measured at fair value with changes in fair value being recognised in profit or loss.

All other Investments held as fixed assets are initially recorded at cost, and are subsequently stated at cost less any accumulated impairment losses.

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.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.

All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4 Profit/loss before tax

Profit/loss before tax is stated after charging/(crediting):

	2024		2023
	£		£
Depreciation of tangible assets	274		149

5 Average number of employees

The average number of persons employed by the company during the year was nil (2023: nil).

6 Tangible assets

	Plant and machinery etc.
	£
Cost
At 1 January 2024 and 31 December 2024	423
Depreciation
At 1 January 2024	149
Charge	274
At 31 December 2024	423
Carrying amount
At 31 December 2024	-
At 31 December 2023	274

7 Investments

	Shares in group undertakings and participating interests
	£
Cost or valuation
At 1 January 2024	239,514
Additions	170
Disposals	(165	)
Revaluations	(657	)
At 31 December 2024	238,862
Impairment
At 1 January 2024 and 31 December 2024	-
Carrying amount
At 31 December 2024	238,862
At 31 December 2023	239,514

8 Debtors

	2024	2023
	£	£
Amounts owed by group undertakings and undertakings in which the company has a participating interest	1,510,489	3,207,272
Other debtors	2,660,832	618,067
	4,171,321	3,825,339

9 Creditors: amounts falling due within one year

	2024	2023
	£	£
Trade creditors	1,575,894	1,364,847
Amounts owed to group undertakings and undertakings in which the company has a participating interest	780,983	359,949
Taxation and social security	-	44,803
Other creditors	2,392,933	1,882,628
	4,749,810	3,652,227

10 Related party transactions

During the year the company accrued costs of £236,000 (2023: £756,000) from Animo Associates Limited, a UK company it controls.

The company also accrued costs of £50,000 (2023: £50,000) from Animo Consultants Limited, a company registered in the UAE and is under common control.

Directors	M Harree
	F Naheed
	M Quirk

Directors

Small company provisions

1 General information

2 Statement of compliance

3 Accounting policies

Basis of preparation

Turnover

Current tax

Tangible assets

Fixed asset investments

Impairment

Financial instruments

4 Profit/loss before tax

5 Average number of employees

6 Tangible assets

7 Investments

8 Debtors

9 Creditors: amounts falling due within one year

10 Related party transactions