Registration number: 11342629

Altior Holdings Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 6

Altior Holdings Limited

Company Information

Director

A J Ward

Registered office

Durham Workspace Abbey Road Pity Me Durham DH1 5JZ

Accountants

EHT Tax Accountants Limited Chartered Accountants63 Harvey Avenue Durham DH1 5ZB

Altior Holdings Limited

(Registration number: 11342629)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Investment property	4	2,400,000	2,400,000
Current assets
Debtors	5	102,313	31,400
Cash at bank and in hand		9,213	21,684
		111,526	53,084
Creditors: Amounts falling due within one year	6	(543,754)	(546,939)
Net current liabilities		(432,228)	(493,855)
Total assets less current liabilities		1,967,772	1,906,145
Provisions for liabilities		(277,065)	(277,065)
Net assets		1,690,707	1,629,080
Capital and reserves
Called up share capital	7	537,863	537,863
Retained earnings		1,152,844	1,091,217
Shareholders' funds		1,690,707	1,629,080

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 29 December 2025
 

......................................... A J Ward Director

Altior Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Durham Workspace
Abbey Road
Pity Me
Durham
DH1 5JZ
England

These financial statements were authorised for issue by the director on 29 December 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Group accounts not prepared

The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is a subsidiary qualifies as a small group, The financial statemnts present information about the company as an individual entity and not about its group.

Revenue recognition

Turnover is recognised at the fair value of the consideration received or receivable from the rental income in the normal course of business, and is shown net of VAT and other sales related taxes. Rental income receivable under operating leases is accrued on a straight line basis over the lease term.

Altior Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

2	Accounting policies (continued)

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from tenants for rents receivable in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

Altior Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

4	Investment properties

	2025 £
At 1 April	2,400,000
At 31 March	2,400,000

In the opinion of the director the cost of the investment properties represents the fair value as at 31 March 2025

5

Debtors

Current	2025 £	2024 £
Trade debtors	45,648	-
Prepayments	1,665	-
Other debtors	55,000	31,400
	102,313	31,400

Altior Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Trade creditors		27,015	19,004
Amounts owed to group undertakings and undertakings in which the company has a participating interest		475,774	465,012
Taxation and social security		3,410	27,571
Accruals and deferred income		22,402	22,667
Other creditors		15,153	12,685
		543,754	546,939

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
B Ordinary shares of £1 each	537,863	537,863	537,863	537,863