IRIS Accounts Production v25.4.0.155 06984326 Board of Directors 27.1.24 31.1.25 31.1.25 13.1.26 0 3 false true false false true false Auditors Opinion Ordinary Share 1.00000 Ordinary Share 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 06984326 2024-01-26 06984326 2025-01-31 06984326 2024-01-27 2025-01-31 06984326 2023-01-31 06984326 2023-02-01 2024-01-26 06984326 2024-01-26 06984326 ns15:EnglandWales 2024-01-27 2025-01-31 06984326 ns14:PoundSterling 2024-01-27 2025-01-31 06984326 ns10:Director1 2024-01-27 2025-01-31 06984326 ns10:PrivateLimitedCompanyLtd 2024-01-27 2025-01-31 06984326 ns10:SmallEntities 2024-01-27 2025-01-31 06984326 ns10:Audited 2024-01-27 2025-01-31 06984326 ns10:SmallCompaniesRegimeForAccounts 2024-01-27 2025-01-31 06984326 ns10:FullAccounts 2024-01-27 2025-01-31 06984326 ns10:OrdinaryShareClass1 2024-01-27 2025-01-31 06984326 ns10:Director2 2024-01-27 2025-01-31 06984326 ns10:Director3 2024-01-27 2025-01-31 06984326 ns10:CompanySecretary1 2024-01-27 2025-01-31 06984326 ns10:RegisteredOffice 2024-01-27 2025-01-31 06984326 ns5:CurrentFinancialInstruments 2025-01-31 06984326 ns5:CurrentFinancialInstruments 2024-01-26 06984326 ns5:Non-currentFinancialInstruments 2025-01-31 06984326 ns5:Non-currentFinancialInstruments 2024-01-26 06984326 ns5:ShareCapital 2025-01-31 06984326 ns5:ShareCapital 2024-01-26 06984326 ns5:RevaluationReserve 2025-01-31 06984326 ns5:RevaluationReserve 2024-01-26 06984326 ns5:RetainedEarningsAccumulatedLosses 2025-01-31 06984326 ns5:RetainedEarningsAccumulatedLosses 2024-01-26 06984326 ns5:LandBuildings 2024-01-26 06984326 ns5:LongLeaseholdAssets ns5:LandBuildings 2024-01-26 06984326 ns5:FurnitureFittings 2024-01-26 06984326 ns5:LandBuildings 2024-01-27 2025-01-31 06984326 ns5:LongLeaseholdAssets ns5:LandBuildings 2024-01-27 2025-01-31 06984326 ns5:FurnitureFittings 2024-01-27 2025-01-31 06984326 ns5:LandBuildings 2025-01-31 06984326 ns5:LongLeaseholdAssets ns5:LandBuildings 2025-01-31 06984326 ns5:FurnitureFittings 2025-01-31 06984326 ns5:LandBuildings 2024-01-26 06984326 ns5:LongLeaseholdAssets ns5:LandBuildings 2024-01-26 06984326 ns5:FurnitureFittings 2024-01-26 06984326 ns5:AdditionsToInvestments ns5:UnlistedNon-exchangeTraded 2025-01-31 06984326 ns5:UnlistedNon-exchangeTraded ns5:CostValuation 2025-01-31 06984326 ns5:UnlistedNon-exchangeTraded 2025-01-31 06984326 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-01-31 06984326 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-01-26 06984326 ns5:BetweenOneTwoYears ns5:Non-currentFinancialInstruments 2025-01-31 06984326 ns5:BetweenOneTwoYears ns5:Non-currentFinancialInstruments 2024-01-26 06984326 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2025-01-31 06984326 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2024-01-26 06984326 ns5:Non-currentFinancialInstruments ns5:MoreThanFiveYears 2025-01-31 06984326 ns5:Non-currentFinancialInstruments ns5:MoreThanFiveYears 2024-01-26 06984326 ns5:DeferredTaxation 2024-01-26 06984326 ns5:DeferredTaxation 2024-01-27 2025-01-31 06984326 ns5:DeferredTaxation 2025-01-31 06984326 ns10:OrdinaryShareClass1 2025-01-31 06984326 ns5:RetainedEarningsAccumulatedLosses 2024-01-26 06984326 ns5:RevaluationReserve 2024-01-26 06984326 ns5:RetainedEarningsAccumulatedLosses 2024-01-27 2025-01-31 06984326 1 2024-01-27 2025-01-31

REGISTERED NUMBER: 06984326 (England and Wales)

Financial Statements for the Period 27 January 2024 to 31 January 2025

for

Europride UK Investments Limited

Europride UK Investments Limited (Registered number: 06984326)

Contents of the Financial Statements

for the Period 27 January 2024 to 31 January 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

Europride UK Investments Limited

Company Information

for the Period 27 January 2024 to 31 January 2025

| DIRECTORS: | Mr Sotiris Xeni

| Mr Fedon Agathokleous

| Mrs Ivoulla Xeni

| SECRETARY: | Mrs Christina Agathokleous

| REGISTERED OFFICE: | 36-38 Mortimer Steet

| London

| W1W 7RG

| REGISTERED NUMBER: | 06984326 (England and Wales)

| AUDITORS: | Chris Pantazis Ltd

| 10A Aldermans Hill

| Palmers Green

| London

| N13 4PJ

Europride UK Investments Limited (Registered number: 06984326)

Balance Sheet

31 January 2025

| 31.1.25 | 26.1.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 3 | 15,725,751 |  | 15,294,326 |  |

Investments | 4 | 1,100,000 |  | - |  |

16,825,751 |  | 15,294,326 |  |

CURRENT ASSETS

Debtors | 5 | 2,254,673 |  | 1,009,724 |  |

Cash at bank and in hand | 387,402 |  | 6,413 |  |

2,642,075 |  | 1,016,137 |  |

CREDITORS

Amounts falling due within one year | 6 | 5,762,616 |  | 6,118,405 |  |

NET CURRENT LIABILITIES | (3,120,541 | ) | (5,102,268 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 13,705,210 |  | 10,192,058 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (4,846,708 | ) | (1,786,287 | ) |

PROVISIONS FOR LIABILITIES | 9 | (2,104,442 | ) | (1,996,904 | ) |

NET ASSETS | 6,754,060 |  | 6,408,867 |  |

CAPITAL AND RESERVES

Called up share capital | 10 | 100 |  | 100 |  |

Revaluation reserve | 11 | 4,508,847 |  | 4,508,847 |  |

Retained earnings | 11 | 2,245,113 |  | 1,899,920 |  |

SHAREHOLDERS' FUNDS | 6,754,060 |  | 6,408,867 |  |

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 13 January 2026 and were signed on its behalf by:

Mr Sotiris Xeni - Director

Europride UK Investments Limited (Registered number: 06984326)

Notes to the Financial Statements

for the Period 27 January 2024 to 31 January 2025

1. | STATUTORY INFORMATION

| Europride UK Investments Limited (registered number: 06984326), having its registered office and principal place of busniess at 36-38 Mortimer Street, London, England, W1W 7RG, is a private limited company incorporated in England and Wales.

2. | ACCOUNTING POLICIES

| 2.1 | Basis of preparing the financial statements

| The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies, and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland, and the Companies Act 2006.

| The following principal accounting policies have been applied:

| 2.2 | Financial reporting standard 102: reduced disclosure exemptions

| The Company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102, the Financial Reporting Standard applicable in the UK and republic of Ireland:

| a) the requirements of Section 3: Financial Statement Presentation, paragraph 3.17(d);

| b) the requirements of Section 7: Statement of Cash Flows;

| c) the requirements of Section 33: Related Party Disclosures, paragraph 33.7.

| This information is included in the consolidated financial statements of Europride Holdings Limited at 31 January 2024 and these financial statements may be obtained from the address given in Note 12.

| 2.3 Turnover

| Turnover comprises rental and other property related income exclusive of Value Added Tax.

| Turnover in respect of rental income, lease premiums, insurance and other recharges of property related expenditure is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding Value Added Tax.

| 2.4 | Tangible fixed assets

| Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

| Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

| Depreciation is provided on the following basis:

| Freehold property - Not depreciated (see note 2.9)

| Long-term leasehold property - Not depreciated (see note 2.9)

| Fixtures and fittings - 25% reducing balance

| The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

| Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of Income and Retained Earnings.

Europride UK Investments Limited (Registered number: 06984326)

Notes to the Financial Statements - continued

for the Period 27 January 2024 to 31 January 2025

2. | ACCOUNTING POLICIES - continued

| 2.6 | Financial instruments

| The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, and loans to related parties.

| Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.

| 2.7 | 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.

| 2.8 | 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 period 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.

Europride UK Investments Limited (Registered number: 06984326)

Notes to the Financial Statements - continued

for the Period 27 January 2024 to 31 January 2025

2. | ACCOUNTING POLICIES - continued

| 2.9 | Investment property

| Investment property is carried at fair value, determined annually by the directors, on the basis of open market value for its current use. No depreciation is provided. Changes in fair value are recognised in the Statement of Income and Retained Earnings.

| 2.10 Debtors

| Short-term debtors are measured at transaction price, less any impairment.

| 2.11 Cash

| Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

| 2.12 Creditors

| Short-term creditors are measured at transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

| 2.13 Finance costs

| Finance costs are charged to the Statement of Income and retained Earnings over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

| 2.14 Dividends

| Equity dividends are recognised when they become legally payable. Interim dividends are recognised when paid. Final equity are recognised when approved by the shareholders at an annual general meeting. Dividends on shares recognised as liabilities as expenses and classified within interest payable.

| 2.15 Borrowing costs

| All borrowing costs are recognised in the Statement of Income and Retained Earnings in the year in which they are incurred.

3. | TANGIBLE FIXED ASSETS

| Freehold |  | Leasehold |  | Fixtures |

| investment |  | investment |  | and |

| property |  | property |  | fittings |  | Totals

£ | £ | £ | £ |

| COST OR VALUATION

| At 27 January 2024 | 11,098,850 |  | 4,190,000 |  | 14,384 |  | 15,303,234 |  |

| Additions | - |  | - |  | 3,525 |  | 3,525 |  |

| Revaluations | 620,150 |  | (190,000 | ) | - |  | 430,150 |  |

| At 31 January 2025 | 11,719,000 |  | 4,000,000 |  | 17,909 |  | 15,736,909 |  |

| DEPRECIATION

| At 27 January 2024 | - |  | - |  | 8,908 |  | 8,908 |  |

| Charge for period | - |  | - |  | 2,250 |  | 2,250 |  |

| At 31 January 2025 | - |  | - |  | 11,158 |  | 11,158 |  |

| NET BOOK VALUE

| At 31 January 2025 | 11,719,000 |  | 4,000,000 |  | 6,751 |  | 15,725,751 |  |

| At 26 January 2024 | 11,098,850 |  | 4,190,000 |  | 5,476 |  | 15,294,326 |  |

Europride UK Investments Limited (Registered number: 06984326)

Notes to the Financial Statements - continued

for the Period 27 January 2024 to 31 January 2025

3. | TANGIBLE FIXED ASSETS - continued

| Cost or valuation at 31 January 2025 is represented by:

| Freehold |  | Leasehold |  | Fixtures |

| investment |  | investment |  | and |

| property |  | property |  | fittings |  | Totals

£ | £ | £ | £ |

| Valuation in 2025 | 620,150 |  | (190,000 | ) | - |  | 430,150 |  |

| Valuation in 2024 | 243,491 |  | 438,359 |  | - |  | 681,850 |  |

| Valuation in 2023 | 178,359 |  | 61,641 |  | - |  | 240,000 |  |

| Cost | 10,677,000 |  | 3,690,000 |  | 17,909 |  | 14,384,909 |  |

11,719,000 |  | 4,000,000 |  | 17,909 |  | 15,736,909 |  |

4. | FIXED ASSET INVESTMENTS

| Investment

| in

| Associates

£ |

| COST

| Additions | 1,100,000 |  |

| At 31 January 2025 | 1,100,000 |  |

| NET BOOK VALUE

| At 31 January 2025 | 1,100,000 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.1.25 |  | 26.1.24

£ | £ |

| Trade debtors | - |  | 2,602 |  |

| Amounts owed by group undertakings | 1,868,991 |  | 580,000 |  |

| Other debtors | 380,873 |  | 425,373 |  |

| Directors' current accounts | 4,809 |  | - |  |

| Prepayments and accrued income | - |  | 1,749 |  |

2,254,673 |  | 1,009,724 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.1.25 |  | 26.1.24

£ | £ |

| Bank loans and overdrafts | 10,648 |  | 10,648 |  |

| Trade creditors | 6,718 |  | 842 |  |

| Amounts owed to group undertakings | 5,738,050 |  | 6,030,255 |  |

| Tax | - |  | 38,466 |  |

| Other creditors | 3,600 |  | 3,602 |  |

| Accruals and deferred income | 3,600 |  | 34,592 |  |

5,762,616 |  | 6,118,405 |  |

Europride UK Investments Limited (Registered number: 06984326)

Notes to the Financial Statements - continued

for the Period 27 January 2024 to 31 January 2025

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.1.25 |  | 26.1.24

£ | £ |

| Bank loans 1-2 years | 6,977 |  | 9,808 |  |

| Bank loans 2-5 years | - |  | 17,625 |  |

| Bank loans more 5 yr by instal | 4,839,731 |  | 1,758,854 |  |

4,846,708 |  | 1,786,287 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | 4,839,731 |  | 1,758,854 |  |

8. | SECURED DEBTS

| Details of Charge:

| Date: 07/06/2024

| Charge code: 0698 4326 0040

| Persons entitled: Investec Bank PLC

| Brief description:

| Leasehold property known as 28 appledore crescent, sidcup and garage, DA14 6RQ. And. X15 other property titles as detailed in schedule 1 of the enclosed deed.

| Contains fixed charge.

| Contains negative pledge.

9. | PROVISIONS FOR LIABILITIES

| 31.1.25 |  | 26.1.24

£ | £ |

| Deferred tax

| At begining of year | 1,996,904 |  | 1,826,441 |  |

| Charged to profit or loss | 107,538 |  | 170,463 |  |

2,104,442 |  | 1,996,904 |  |

| Deferred |

| tax |

£ |

| Balance at 27 January 2024 | 1,996,904 |  |

| Provided during period | 107,538 |  |

| Balance at 31 January 2025 | 2,104,442 |  |

10. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.1.25 |  | 26.1.24

| value: | £ | £ |

| 100 | Ordinary Share | £1.00 | 100 |  | 100 |  |

Europride UK Investments Limited (Registered number: 06984326)

Notes to the Financial Statements - continued

for the Period 27 January 2024 to 31 January 2025

11. | RESERVES

| Retained |  | Revaluation |

| earnings |  | reserve |  | Totals

£ | £ | £ |

| At 27 January 2024 | 1,899,920 |  | 4,508,847 |  | 6,408,767 |  |

| Profit for the period | 345,193 |  | 345,193 |  |

| At 31 January 2025 | 2,245,113 |  | 4,508,847 |  | 6,753,960 |  |

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

| The Report of the Auditors was unqualified.

| Chris Pantazis (Senior Statutory Auditor)

| for and on behalf of Chris Pantazis Ltd

13. | POST BALANCE SHEET EVENTS

| During the year, Europride Ltd transferred its ownership of 1,201,022 ordinary shares in Nobody's Child Limited to Europride UK Investments Limited for a consideration of £1,100,000.

| This transaction occurred between entities under common control, as both Europride Ltd and Europride UK Investments Limited are 100% owned subsidiaries of Europride Holdings Ltd. The transfer represents a group restructuring with no impact on the consolidated financial statements of Europride Holdings Ltd. The consideration received has been accounted for in accordance with the group’s accounting policies.

14. | TRANSFER OF ARTWORK

| During the year, Europride Ltd transferred ownership of an artwork asset to Europride UK Investments Limited for a consideration of £300,000. This transfer is part of an internal restructuring within the Europride Group, as both entities are 100% owned subsidiaries of Europride Holdings Ltd.

15. | IMMEDIATE AND ULTIMATE PARENT UNDERTAKING

| The Company's immediate and ultimate parent undertaking at 31 January 2025 and 31 January 2024, by virtue of its shareholding in the Company, was Europride Holdings Limited, a company incorporated in the United Kingdom.

| The group in which the results of the Company are consolidated is headed by Europride Holdings Limited. The consolidated accounts of this company are available to the public and may be obtained from:

| 36-38 Mortimer Street

| London

| W1W 7RG