REGISTERED NUMBER: 01145787 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

CITY OF LONDON HOLDINGS & INVESTMENTS

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr D M Bloom

Dr N Bogatcheva

SECRETARY:

Mr D M Bloom

REGISTERED OFFICE:

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

REGISTERED NUMBER:

01145787 (England and Wales)

ACCOUNTANTS:

JLA Accountants

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

FIXED ASSETS

Tangible assets

4

374

617

Investments

5

116,296

203,099

Investment property

6

3,734,000

3,734,000

3,850,670

3,937,716

CURRENT ASSETS

Debtors

7

1,177,984

1,180,825

Cash at bank

13,424

118,812

1,191,408

1,299,637

CREDITORS

Amounts falling due within one year

8

2,104,388

2,231,446

NET CURRENT LIABILITIES

(912,980

)

(931,809

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,937,690

3,005,907

CREDITORS

Amounts falling due after more than one year

9

(12,463

)

(11,759

)

PROVISIONS FOR LIABILITIES

11

(529,499

)

(529,815

)

NET ASSETS

2,395,728

2,464,333

CAPITAL AND RESERVES

Called up share capital

12

200,000

200,000

Revaluation reserve

13

1,553,082

1,554,029

Retained earnings

13

642,646

710,304

SHAREHOLDERS' FUNDS

2,395,728

2,464,333

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 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 24 December 2025 and were signed on its behalf by:

Mr D M Bloom - Director

1.	STATUTORY INFORMATION

City Of London Holdings & Investments 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.

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

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 as modified by the revaluation of certain assets.

Turnover

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

Tangible fixed assets

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

Computer equipment

-

25% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 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 year 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Computer

equipmen

£

COST

At 1 April 2024

and 31 March 2025

973

DEPRECIATION

At 1 April 2024

356

Charge for year

243

At 31 March 2025

599

NET BOOK VALUE

At 31 March 2025

374

At 31 March 2024

617

5.	FIXED ASSET INVESTMENTS

Shares in

group

Other

undertakings

investments

Totals

£

£

£

COST OR VALUATION

At 1 April 2024

62,880

140,219

203,099

Disposals

-

(85,539

)

(85,539

)

Revaluations

-

(1,264

)

(1,264

)

At 31 March 2025

62,880

53,416

116,296

NET BOOK VALUE

At 31 March 2025

62,880

53,416

116,296

At 31 March 2024

62,880

140,219

203,099

Cost or valuation at 31 March 2025 is represented by:

Shares in

group

Other

undertakings

investments

Totals

£

£

£

Valuation in 2025

-

(1,264

)

(1,264

)

Cost

62,880

54,680

117,560

62,880

53,416

116,296

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

3,734,000

NET BOOK VALUE

At 31 March 2025

3,734,000

At 31 March 2024

3,734,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2022

1,839,665

Valuation in 2023

(9,451

)

Valuation in 2024

220,000

Cost

1,683,786

3,734,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

as restated

£

£

Trade debtors

205

-

Amounts owed by group undertakings

1,176,645

1,155,825

Other debtors

415

25,000

Prepayments and accrued income

719

-

1,177,984

1,180,825

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

as restated

£

£

Bank loans and overdrafts (see note 10)

1,623,077

1,598,773

Trade creditors

2,956

1,082

Amounts owed to group undertakings

448,790

577,084

Tax

24,605

24,605

Other creditors

875

875

Directors' current accounts

-

26,877

Accruals and deferred income

4,085

2,150

2,104,388

2,231,446

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

as restated

£

£

Bank loans (see note 10)

12,463

11,759

10.

LOANS

An analysis of the maturity of loans is given below:

31.3.25

31.3.24

as restated

£

£

Amounts falling due within one year or on demand:

Bank loans

1,623,077

1,598,773

Amounts falling due between one and two years:

Bank loans - 1-2 years

1,815

10,648

Amounts falling due between two and five years:

Bank loans - 2-5 years

10,648

1,111

11.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

as restated

£

£

Deferred tax

529,499

529,815

Deferred

tax

£

Balance at 1 April 2024

529,815

Provided during year

(316

)

Balance at 31 March 2025

529,499

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

as restated

£

£

200,000

Ordinary

£1

200,000

200,000

13.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 1 April 2024

710,304

1,554,029

2,264,333

Profit for the year

35,537

35,537

Dividends

(104,143

)

(104,143

)

Revaluation reserve

948

(947

)

1

At 31 March 2025

642,646

1,553,082

2,195,728

14.	RELATED PARTY DISCLOSURES

At the balance sheet date, included in debtors due within one year is £117,788 (2024: £115,751) due from City of London Estates Limited, £11,956 (2024: £4,556)) due from Ebel One Limited, £637,855 (2024: £667,986) due from Newham Enterprises Limited and £409,046 (2023: £367,532l) due from Beaulieu Limited.

At the balance sheet date, included in creditors due within one year is £Nil (2024: £33,110) due to Woodgrange Technical Services Limited and £448,790 (2024: £543,974) due to Roquebrune Investments Limited.

The companies are related parties by virtue of the fact that they are under common control.