IRIS Accounts Production v25.4.0.155 00755252 Board of Directors 1.7.24 30.6.25 30.6.25 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 00755252 2024-06-30 00755252 2025-06-30 00755252 2024-07-01 2025-06-30 00755252 2023-06-30 00755252 2023-07-01 2024-06-30 00755252 2024-06-30 00755252 ns15:EnglandWales 2024-07-01 2025-06-30 00755252 ns14:PoundSterling 2024-07-01 2025-06-30 00755252 ns10:Director1 2024-07-01 2025-06-30 00755252 ns10:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 00755252 ns10:SmallEntities 2024-07-01 2025-06-30 00755252 ns10:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 00755252 ns10:SmallCompaniesRegimeForDirectorsReport 2024-07-01 2025-06-30 00755252 ns10:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 00755252 ns10:FullAccounts 2024-07-01 2025-06-30 00755252 ns10:EntityNoLongerTradingButTradedInPast 2024-07-01 2025-06-30 00755252 ns10:Director2 2024-07-01 2025-06-30 00755252 ns10:Director3 2024-07-01 2025-06-30 00755252 ns10:Director4 2024-07-01 2025-06-30 00755252 ns10:CompanySecretary1 2024-07-01 2025-06-30 00755252 ns10:RegisteredOffice 2024-07-01 2025-06-30 00755252 ns5:CurrentFinancialInstruments 2025-06-30 00755252 ns5:CurrentFinancialInstruments 2024-06-30 00755252 ns5:ShareCapital 2025-06-30 00755252 ns5:ShareCapital 2024-06-30 00755252 ns5:RevaluationReserve 2025-06-30 00755252 ns5:RevaluationReserve 2024-06-30 00755252 ns5:RetainedEarningsAccumulatedLosses 2025-06-30 00755252 ns5:RetainedEarningsAccumulatedLosses 2024-06-30 00755252 ns5:PlantMachinery 2024-07-01 2025-06-30 00755252 ns5:LandBuildings 2024-06-30 00755252 ns5:FurnitureFittings 2024-06-30 00755252 ns5:LandBuildings 2025-06-30 00755252 ns5:FurnitureFittings 2025-06-30 00755252 ns5:LandBuildings 2024-06-30 00755252 ns5:FurnitureFittings 2024-06-30 00755252 ns5:DeferredTaxation 2024-06-30 00755252 ns5:DeferredTaxation 2025-06-30

REGISTERED NUMBER: 00755252 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 30 June 2025 |

| for |

| A A.MICHAELIDES LIMITED |

| A A.MICHAELIDES LIMITED (REGISTERED NUMBER: 00755252) |

Contents of the Financial Statements

for the year ended 30 June 2025

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 3 |

| A A.MICHAELIDES LIMITED |

Company Information

for the year ended 30 June 2025

| DIRECTORS: | A.A. Michaelides

| A. Michaelides

| M.M. Michaelides

| J.M. O'Keefe

| SECRETARY: | A. Michaelides

| REGISTERED OFFICE: | Global House

| 303 Ballards Lane

| London

| N12 8NP

| REGISTERED NUMBER: | 00755252 (England and Wales)

| ACCOUNTANTS: | K J Pittalis and Partners LLP

| Chartered Certified Accountants

| Global House

| 303 Ballards Lane

| London

| N12 8NP

| A A.MICHAELIDES LIMITED (REGISTERED NUMBER: 00755252) |

Statement of Financial Position

30 June 2025

| 30/6/25 |  | 30/6/24

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 5 | 4,800,000 |  | 4,800,000 |  |

CREDITORS

Amounts falling due within one year | 6 | (399 | ) | (266 | ) |

NET CURRENT LIABILITIES | (399 | ) | (266 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 4,799,601 |  | 4,799,734 |  |

PROVISIONS FOR LIABILITIES | 7 | (1,092,139 | ) | (1,092,139 | ) |

NET ASSETS | 3,707,462 |  | 3,707,595 |  |

CAPITAL AND RESERVES

Called up share capital | 50,000 |  | 50,000 |  |

Revaluation reserve | 3,276,417 |  | 3,276,417 |  |

Retained earnings | 381,045 |  | 381,178 |  |

SHAREHOLDERS' FUNDS | 3,707,462 |  | 3,707,595 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 10 March 2026 and were signed on its behalf by:

A. Michaelides - Director

| A A.MICHAELIDES LIMITED (REGISTERED NUMBER: 00755252) |

Notes to the Financial Statements

for the year ended 30 June 2025

1. | STATUTORY INFORMATION

| A A.Michaelides 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

2. | STATEMENT OF COMPLIANCE

| 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.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Plant and machinery etc | - | 15% on reducing balance

| Land and buildings held and used in the Company's own activities are stated in the statement of financial position at their revalued amounts. Revaluations are carried out regularly so that the carrying amounts do not materially differ from using the fair value at the date of the statement of financial position.

| Any revaluation increase or decrease on land and buildings are taken to the property revaluation reserve.

| Once the property is sold or retired any attributable revaluation surplus that is remaining in the property revaluation reserve is transferred to retained earnings. No transfer is made from the revaluation reserve to retained earnings unless an asset is derecognised.

| 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.

| A A.MICHAELIDES LIMITED (REGISTERED NUMBER: 00755252) |

Notes to the Financial Statements - continued

for the year ended 30 June 2025

3. | ACCOUNTING POLICIES - continued

| 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.

4. | EMPLOYEES AND DIRECTORS

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

5. | TANGIBLE FIXED ASSETS

| Fixtures |

| Freehold |  | and |

| property |  | fittings |  | Totals

£ | £ | £ |

| COST OR VALUATION

| At 1 July 2024

| and 30 June 2025 | 4,800,000 |  | 36,357 |  | 4,836,357 |  |

| DEPRECIATION

| At 1 July 2024

| and 30 June 2025 | - |  | 36,357 |  | 36,357 |  |

| NET BOOK VALUE

| At 30 June 2025 | 4,800,000 |  | - |  | 4,800,000 |  |

| At 30 June 2024 | 4,800,000 |  | - |  | 4,800,000 |  |

| Cost or valuation at 30 June 2025 is represented by:

| Fixtures |

| Freehold |  | and |

| property |  | fittings |  | Totals

£ | £ | £ |

| Valuation in 2016 | 600,000 |  | - |  | 600,000 |  |

| Valuation in 2013 | 3,265,221 |  | - |  | 3,265,221 |  |

| Valuation in 2003 | 503,335 |  | - |  | 503,335 |  |

| Cost | 431,444 |  | 36,357 |  | 467,801 |  |

4,800,000 |  | 36,357 |  | 4,836,357 |  |

| If had not been revalued would have been included at the following historical cost:

| 30/6/25 |  | 30/6/24

£ | £ |

| Cost | 431,444 |  | 431,444 |  |

| A A.MICHAELIDES LIMITED (REGISTERED NUMBER: 00755252) |

Notes to the Financial Statements - continued

for the year ended 30 June 2025

5. | TANGIBLE FIXED ASSETS - continued

| The fair value of the properties at June 2025 has been arrived at on the basis of the above valuation after the year end date. The directors believe the market conditions of this valuation existed at the year end. Market evidence consists of transaction prices for similar hotel properties in the location and taking into account the rental yield in the area where the properties are situated.

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

| 30/6/25 |  | 30/6/24

£ | £ |

| Amounts owed to group undertakings | 266 |  | 266 |  |

| Amounts owed to associated companies | 133 |  | - |  |

399 |  | 266 |  |

7. | PROVISIONS FOR LIABILITIES

| 30/6/25 |  | 30/6/24

£ | £ |

| Deferred tax | 1,092,139 |  | 1,092,139 |  |

| Deferred |

| tax |

£ |

| Balance at 1 July 2024 | 1,092,139 |  |

| Balance at 30 June 2025 | 1,092,139 |  |

| The deferred tax provision, as shown above, relates to the potential future tax due should the freehold properties held by the company be sold. The provision has been calculated based on the difference between the historic cost of the properties and the market value of those properties as at the Balance Sheet date at the future applicable corporation tax rates.