REGISTERED NUMBER: 04190809 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Apollonia Restaurant Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr G Savva

Mrs S. Savva

SECRETARY:

Mr G Savva

REGISTERED OFFICE:

1146 High Road

Whetstone

London

N20 0RA

REGISTERED NUMBER:

04190809 (England and Wales)

ACCOUNTANTS:

Cymans

Chartered Certified Accountants

1146 High Road

Whetstone

London

N20 0RA

FIXED ASSETS

Investment property

4

1,600,000

990,000

CURRENT ASSETS

Cash at bank

107,810

36,166

CREDITORS

Amounts falling due within one year

5

643,488

594,713

NET CURRENT LIABILITIES

(535,678

)

(558,547

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,064,322

431,453

CREDITORS

Amounts falling due after more than one year

6

(90,258

)

(106,947

)

PROVISIONS FOR LIABILITIES

(165,322

)

(12,822

)

NET ASSETS

808,742

311,684

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

8

807,742

310,684

SHAREHOLDERS' FUNDS

808,742

311,684

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 31 December 2025 and were signed on its behalf by:

Mr G Savva - Director

1.	STATUTORY INFORMATION

Apollonia Restaurant Ltd 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 represents rent receivable on an accrual basis.

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 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 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

990,000

Revaluations

610,000

At 31 March 2025

1,600,000

NET BOOK VALUE

At 31 March 2025

1,600,000

At 31 March 2024

990,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2015

64,747

Valuation in 2025

610,000

Cost

925,253

1,600,000

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

-

7,417

Taxation and social security

9,434

13,958

Other creditors

634,054

573,338

643,488

594,713

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

47,258

60,280

Other creditors

43,000

46,667

90,258

106,947

7.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank loans

47,258

67,697

The bank holds a fixed and floating charge over all current and future assets of the company until the loan is repaid.

8.

RESERVES

Retained

earnings

£

At 1 April 2024

310,684

Profit for the year

497,058

At 31 March 2025

807,742

Retained earnings comprises of the following:

Distributable reserves £298,317 (£259,396 in 2024)

Non distributable reserves £509,425 (£51,288 in 2024)