REGISTERED NUMBER: 10104282 (England and Wales)

FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2024 TO 31 DECEMBER 2024

FOR

ALTURA SERVICE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S J Guy

N A Jouques

S J Steel

REGISTERED OFFICE:

1A Washington Street

Kingsthorpe

Northampton

Northamptonshire

NN2 6NL

REGISTERED NUMBER:

10104282 (England and Wales)

AUDITORS:

TC Group

1 Rushmills

Bedford Road

Northampton

Northamptonshire

NN4 7YB

CURRENT ASSETS

Debtors

4

711

4,607

Cash at bank

31,156

42,221

31,867

46,828

CREDITORS

Amounts falling due within one year

5

15,023

18,975

NET CURRENT ASSETS

16,844

27,853

TOTAL ASSETS LESS CURRENT LIABILITIES

16,844

27,853

CREDITORS

Amounts falling due after more than one year

6

13,091

20,753

NET ASSETS

3,753

7,100

CAPITAL AND RESERVES

Called up share capital

7

120

120

Retained earnings

3,633

6,980

SHAREHOLDERS' FUNDS

3,753

7,100

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 22 December 2025 and were signed on its behalf by:

S J Steel - Director

1.	STATUTORY INFORMATION

Altura Service 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.

There were no departures from that standard.

The Company's functional and presentational currency is GBP.

Significant judgements and estimates

The company makes estimates and assumptions concerning the future. The resulting accounting

estimates will, by definition, seldom equal the related actual results. The directors do not consider that

there are any estimates and assumptions that have a significant risk of causing a material adjustment to

the carrying amounts of assets and liabilities within the next financial year.

Turnover

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

Financial instruments

Derivatives are initially recognised at fair value on the date a derivative contract is entered into and are subsequently re-measured at their fair value. Changes in the fair value of derivatives are recognised in profit or loss in finance costs or finance income as appropriate, unless they are included in a hedging arrangement.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Going concern

The directors have considered the impact of the current economic environment in relation to their assessment of going concern and in their opinion have taken all reasonable steps to mitigate these factors. The directors acknowledge that given the rapidly changing business and social environment, there are likely to be significant unknown factors which may present themselves. Such factors are considered by the directors to represent a general inherent level of risk in relation to the going concern assumption albeit not quantifiable at this time.

Subsequent to the reporting date, the Company was acquired as part of a wider transaction. As part of this transaction, the new parent has committed to provide ongoing financial support to the Company, as required, to enable it to meet its liabilities as they fall due and to continue trading for the foreseeable future. Accordingly, the Directors consider it appropriate to prepare the financial statements on a going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 (2024 - 4 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2024

£

£

Amounts owed by group undertakings

711

4,607

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2024

£

£

Bank loans and overdrafts

10,190

10,886

Amounts owed to group undertakings

-

3,590

Corporation tax

295

-

VAT

3,976

4,005

Other creditors

412

389

Accruals and deferred income

150

105

15,023

18,975

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2024

£

£

Bank loans - 1-2 years

10,440

10,247

Bank loans - 2-5 years

2,651

10,506

13,091

20,753

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2024

value:

£

£

120

Ordinary

£1

120

120

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Emma Jones FCCA (Senior Statutory Auditor)

for and on behalf of TC Group

9.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

10.	POST BALANCE SHEET EVENTS

Subsequent to the reporting date, the Company was acquired as part of a wider transaction. As part of the acquisition, funding has been made available by the new parent undertaking to support the ongoing operations of the Company. This event is considered non-adjusting and has not been reflected in the amounts recognised in these financial statements.

11.	ULTIMATE CONTROLLING PARTY

The controlling party is Versilia Group Holdings Limited.

The board of directors for Versilia Group Holdings Limited are deemed to be the ultimate controlling party, by virtue of their shareholdings.

Subsequent to the reporting date, the Company was acquired as part of a wider transaction. As a result, the ultimate controlling party of the Company changed to Caro Management Services GmbH.