| REGISTERED NUMBER: |
| AMATHUS INVESTMENTS LIMITED |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE PERIOD |
| 1 JULY 2024 TO 31 MARCH 2025 |
| REGISTERED NUMBER: |
| AMATHUS INVESTMENTS LIMITED |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE PERIOD |
| 1 JULY 2024 TO 31 MARCH 2025 |
| AMATHUS INVESTMENTS LIMITED (REGISTERED NUMBER: 03542915) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 JULY 2024 TO 31 MARCH 2025 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 3 | to | 5 |
| AMATHUS INVESTMENTS LIMITED |
| COMPANY INFORMATION |
| FOR THE PERIOD 1 JULY 2024 TO 31 MARCH 2025 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 3rd Floor |
| Marlborough House |
| 298 Regents Park Road |
| Finchley |
| London |
| N3 2SZ |
| AMATHUS INVESTMENTS LIMITED (REGISTERED NUMBER: 03542915) |
| STATEMENT OF FINANCIAL POSITION |
| 31 MARCH 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 7 | ( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 8 |
| Retained earnings | 9 |
| SHAREHOLDERS' FUNDS |
| 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 were approved by the director and authorised for issue on |
| AMATHUS INVESTMENTS LIMITED (REGISTERED NUMBER: 03542915) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 JULY 2024 TO 31 MARCH 2025 |
| 1. | STATUTORY INFORMATION |
| Amathus Investments Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The company has shortened its accounting period to nine months this year. As a result, the current period’s figures cover the nine-month period ended 31 March 2025, while the prior period’s figures represent a full twelve months. Accordingly, the amounts presented in the financial statements are not directly comparable. |
| Turnover |
| Turnover represents rents receivable arising from the letting of the company's investment properties and is recognised evenly over the lease terms. |
| Tangible fixed assets |
| Freehold property | - |
| Long leasehold | - |
| Fixtures, fittings & equipment | - |
| Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended. |
| Financial instruments |
| The company has chosen to adopt the FRS102 1A in respect of financial instruments. |
| Basic financial assets, including trade and other debtors and cash and bank balances are initially recognised at transaction price, unless the arrangement constitute a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. |
| 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 statement of financial position date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 NIL (2024 - NIL). |
| AMATHUS INVESTMENTS LIMITED (REGISTERED NUMBER: 03542915) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 1 JULY 2024 TO 31 MARCH 2025 |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures, |
| Freehold | Long | fittings |
| property | leasehold | & equipment | Totals |
| £ | £ | £ | £ |
| COST OR VALUATION |
| At 1 July 2024 |
| Additions |
| Disposals | ( |
) | ( |
) |
| Revaluations | ( |
) | ( |
) |
| At 31 March 2025 |
| DEPRECIATION |
| At 1 July 2024 |
| Charge for period |
| At 31 March 2025 |
| NET BOOK VALUE |
| At 31 March 2025 |
| At 30 June 2024 |
| Cost or valuation at 31 March 2025 is represented by: |
| Fixtures, |
| Freehold | Long | fittings |
| property | leasehold | & equipment | Totals |
| £ | £ | £ | £ |
| Valuation in 2025 | 10,164,330 | 2,140,226 | - | 12,304,556 |
| Cost | 6,730,670 | 1,649,774 | 39,024 | 8,419,468 |
| 16,895,000 | 3,790,000 | 39,024 | 20,724,024 |
| The investment properties have been revalued in line with the professional valuations by Colliers in November 2023. |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| AMATHUS INVESTMENTS LIMITED (REGISTERED NUMBER: 03542915) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 1 JULY 2024 TO 31 MARCH 2025 |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Bank loans |
| The bank loan was refinanced on 19 January 2022 for 4 years at 2% over the Bank of England base rate and is secured on the company's investment properties. |
| 8. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2025 | 2024 |
| value: | £ | £ |
| Ordinary shares | £1.00 | 100 | 100 |
| 9. | RESERVES |
| Included in the retained earnings of £13,016,507 are non-distributable reserves of £10,066,773 representing cumulative revaluations to investment properties of £12,304,556 less deferred tax provided of £2,237,783. Distributable reserves as at 31 March 2025 are therefore £2,949,734. |
| 10. | RELATED PARTY DISCLOSURES |
| At 31 March 2025 there are amounts of £4,352,747 (2024: £3,994,354 as at 30 June 2024) due from and £179,800 (2024: £179,800) due to companies in which the director has an interest. |