Company Registration No. 02827723 (England and Wales)
AMALGAMATED PROPERTY
HOLDINGS LIMITED
ANNUAL REPORT AND UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
TWP Accounting LLP
Chartered Accountants
The Old Rectory
Church Street
Weybridge
Surrey
KT13 8DE
AMALGAMATED PROPERTY HOLDINGS LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
AMALGAMATED PROPERTY HOLDINGS LIMITED
Company Registration No. 02827723
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investment properties
3
11,813,829
12,058,497
Current assets
Debtors
4
-
0
68,870
Cash at bank and in hand
2,839
14,159
2,839
83,029
Creditors: amounts falling due within one year
5
(3,184,223)
(3,468,416)
Net current liabilities
(3,181,384)
(3,385,387)
Total assets less current liabilities
8,632,445
8,673,110
Provisions for liabilities
(1,387,139)
(1,425,114)
Net assets
7,245,306
7,247,996
Capital and reserves
Called up share capital
6
450
450
Profit and loss reserves
7,244,856
7,247,546
Total equity
7,245,306
7,247,996

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

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

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

AMALGAMATED PROPERTY HOLDINGS LIMITED
Company Registration No. 02827723
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2025
31 March 2025
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 5 February 2026 and are signed on its behalf by:
D G Cormack
Director
AMALGAMATED PROPERTY HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
1
Accounting policies
Company information

Amalgamated Property Holdings Limited is a private company limited by shares incorporated in England and Wales. The registered office is 6 Park Road, Hampton Hill, Hampton, Middlesex, TW12 1HB.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include investment properties at fair value. The principal accounting policies adopted are set out below.

1.2
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company and the group have adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Turnover is made up of rental income due in respect of the company's investment properties along with other income from property activities.

1.4
Investment properties

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. The surplus or deficit on revaluation is recognised in the profit and loss account.

1.5
Cash at bank and in hand

Cash at bank and in hand are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

AMALGAMATED PROPERTY HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 4 -
1.6
Financial instruments
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.8
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

AMALGAMATED PROPERTY HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
2
3
Investment property
2025
£
Fair value
At 1 April 2024
12,058,497
Additions
330,332
Disposals
(423,102)
Revaluations
(151,898)
At 31 March 2025
11,813,829

The fair value of the investment property has been arrived at on the basis of a valuation carried out at 31 March 202 5. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
-
0
67,370
Other debtors
-
0
1,500
-
0
68,870
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
2,860,000
3,420,000
Amounts owed to group undertakings
297,630
-
0
Taxation and social security
18,535
-
0
Other creditors
8,058
48,416
3,184,223
3,468,416

Included in creditors falling within one year are bank loans of £2,860,000 (202 4 - £3,420,000) which are secured on the company's property.

AMALGAMATED PROPERTY HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 6 -
6
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary Shares of £1 each
450
450
450
450
7
Parent company

The parent company is Amalgamated Holdco Limited, a company incorporated in England & Wales.

2025-03-31 2024-04-01 false false false 05 February 2026 CCH Software CCH Accounts Production 2025.300 No description of principal activity D G Cormack C A W Hamilton D G Cormack 02827723 2024-04-01 2025-03-31 02827723 2025-03-31 02827723 2024-03-31 02827723 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 02827723 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 02827723 core:CurrentFinancialInstruments 2025-03-31 02827723 core:CurrentFinancialInstruments 2024-03-31 02827723 core:ShareCapital 2025-03-31 02827723 core:ShareCapital 2024-03-31 02827723 core:RetainedEarningsAccumulatedLosses 2025-03-31 02827723 core:RetainedEarningsAccumulatedLosses 2024-03-31 02827723 core:ShareCapitalOrdinaryShareClass1 2025-03-31 02827723 core:ShareCapitalOrdinaryShareClass1 2024-03-31 02827723 bus:CompanySecretaryDirector1 2024-04-01 2025-03-31 02827723 2023-04-01 2024-03-31 02827723 2024-03-31 02827723 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 02827723 bus:OrdinaryShareClass1 2025-03-31 02827723 bus:OrdinaryShareClass1 2024-03-31 02827723 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 02827723 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 02827723 bus:FRS102 2024-04-01 2025-03-31 02827723 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 02827723 bus:Director1 2024-04-01 2025-03-31 02827723 bus:Director2 2024-04-01 2025-03-31 02827723 bus:CompanySecretary1 2024-04-01 2025-03-31 02827723 bus:FullAccounts 2024-04-01 2025-03-31 xbrli:pure xbrli:shares iso4217:GBP