REGISTERED NUMBER: 12287491 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

AH Otto 2 Limited

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

529

3,138

CURRENT ASSETS

Debtors

5

416,738

325,491

CREDITORS

Amounts falling due within one year

6

(151,662

)

(158,914

)

NET CURRENT ASSETS

265,076

166,577

TOTAL ASSETS LESS CURRENT LIABILITIES

265,605

169,715

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

265,604

169,714

265,605

169,715

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 December 2025 and were signed by:

Mr R A Bailey - Director

1.	STATUTORY INFORMATION

AH Otto 2 Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

12287491

Registered office:

11-12 Great Sutton Street

London

EC1V 0BX

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

Turnover

Turnover represents the total rental income receivable, excluding value added tax, made during the year.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Short leasehold

-

Straight line over life of lease

Improvements to property

-

Straight line over life of lease

Computer equipment

-

Straight line over 3 years

Taxation

Taxation for the year comprises current tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2024

7,700

10,450

18,150

Additions

-

595

595

At 31 December 2024

7,700

11,045

18,745

DEPRECIATION

At 1 January 2024

6,369

8,643

15,012

Charge for year

1,331

1,873

3,204

At 31 December 2024

7,700

10,516

18,216

NET BOOK VALUE

At 31 December 2024

-

529

529

At 31 December 2023

1,331

1,807

3,138

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed by group undertakings

346,848

263,995

Other debtors

69,890

61,496

416,738

325,491

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

131,063

29,147

Amounts owed to group undertakings

-

15,354

Other creditors

20,599

114,413

151,662

158,914

7.	OTHER FINANCIAL COMMITMENTS

At 31 December 2024, the Company had the following commitments in respect of non-cancellable operating lease payments, payable as follows:

Within one year: £90,000 (2023: £120,000)

Between one and five years: £220,000 (2023: £Nil)

After five years: £nil (2023: £Nil)

The lease commenced on 11 November 2024 and includes a five-month rent-free period at the start of the term. The lease contains a tenant break option exercisable on 11 November 2027.

8.	ULTIMATE CONTROLLING PARTY

The ultimate parent company is Appear Here Limited a private company, limited by shares, registered in England and Wales. Registered number is 07736672 and registered office is 11-12 Great Sutton Street London EC1V 0BX.