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REGISTERED NUMBER: 11267602 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

COSTANDI CAPITAL LIMITED

COSTANDI CAPITAL LIMITED (REGISTERED NUMBER: 11267602) |

Contents of the Financial Statements

for the year ended 31 March 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| COSTANDI CAPITAL LIMITED |

Company Information

for the year ended 31 March 2025

| DIRECTOR: | J S Costandi

| REGISTERED OFFICE: | Unit 3 Moxon Court

| Northallerton

| North Yorkshire

| DL6 2NG

| REGISTERED NUMBER: | 11267602 (England and Wales)

| ACCOUNTANTS: | King Hope

| 31-33 Victoria Road

| Darlington

| Co. Durham

| DL1 5SB

COSTANDI CAPITAL LIMITED (REGISTERED NUMBER: 11267602) |

Balance Sheet

31 March 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 168,430 |  | - |  |

Investments | 5 | 100 |  | 100 |  |

168,530 |  | 100 |  |

CURRENT ASSETS

Stocks | 30,000 |  | 6,000 |  |

Debtors | 6 | 466,599 |  | 242,177 |  |

Cash at bank | 275 |  | 1,822 |  |

496,874 |  | 249,999 |  |

CREDITORS

Amounts falling due within one year | 7 | 648,365 |  | 178,178 |  |

NET CURRENT (LIABILITIES)/ASSETS | (151,491 | ) | 71,821 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 17,039 |  | 71,921 |  |

CREDITORS

Amounts falling due after more than one year | 8 | 79,587 |  | 35,873 |  |

NET (LIABILITIES)/ASSETS | (62,548 | ) | 36,048 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | (62,648 | ) | 35,948 |  |

(62,548 | ) | 36,048 |  |

COSTANDI CAPITAL LIMITED (REGISTERED NUMBER: 11267602) |

Balance Sheet - continued

31 March 2025

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 director acknowledges his 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 director and authorised for issue on 13 May 2026 and were signed by:

J S Costandi - Director

COSTANDI CAPITAL LIMITED (REGISTERED NUMBER: 11267602) |

Notes to the Financial Statements

for the year ended 31 March 2025

1. | STATUTORY INFORMATION

| Costandi Capital 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. | 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.

| Preparation of consolidated financial statements

| The financial statements contain information about Costandi Capital Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

| Short leasehold | - | 10% on cost

| Plant and machinery | - | 25% on reducing balance

| Fixtures and fittings | - | 33% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at cost.

| Stocks and work in progress

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Cost comprises of direct materials and, where applicable, direct labour costs and overheads that have been incurred in bringing the stocks and work in progress to their present condition.

| 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 balance sheet date.

COSTANDI CAPITAL LIMITED (REGISTERED NUMBER: 11267602) |

Notes to the Financial Statements - continued

for the year ended 31 March 2025

2. | ACCOUNTING POLICIES - continued

| 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 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.

| Hire purchase and leasing commitments

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 5 (2024 - 1 ) .

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| Short |  | Plant and |  | and |  | Motor |

| leasehold |  | machinery |  | fittings |  | vehicles |  | Totals

£ | £ | £ | £ | £ |

| COST

| Additions | 39,477 |  | 98,186 |  | 5,235 |  | 49,179 |  | 192,077 |  |

| At 31 March 2025 | 39,477 |  | 98,186 |  | 5,235 |  | 49,179 |  | 192,077 |  |

| DEPRECIATION

| Charge for year | 1,962 |  | 11,833 |  | 1,065 |  | 8,787 |  | 23,647 |  |

| At 31 March 2025 | 1,962 |  | 11,833 |  | 1,065 |  | 8,787 |  | 23,647 |  |

| NET BOOK VALUE

| At 31 March 2025 | 37,515 |  | 86,353 |  | 4,170 |  | 40,392 |  | 168,430 |  |

COSTANDI CAPITAL LIMITED (REGISTERED NUMBER: 11267602) |

Notes to the Financial Statements - continued

for the year ended 31 March 2025

4. | TANGIBLE FIXED ASSETS - continued

| Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

| Plant and |  | Motor |

| machinery |  | vehicles |  | Totals

£ | £ | £ |

| COST

| Additions | 37,580 |  | 42,179 |  | 79,759 |  |

| At 31 March 2025 | 37,580 |  | 42,179 |  | 79,759 |  |

| DEPRECIATION

| Charge for year | 3,285 |  | 8,787 |  | 12,072 |  |

| At 31 March 2025 | 3,285 |  | 8,787 |  | 12,072 |  |

| NET BOOK VALUE

| At 31 March 2025 | 34,295 |  | 33,392 |  | 67,687 |  |

5. | FIXED ASSET INVESTMENTS

| Shares in

| group

| undertakings

£ |

| COST

| At 1 April 2024

| and 31 March 2025 | 100 |  |

| NET BOOK VALUE

| At 31 March 2025 | 100 |  |

| At 31 March 2024 | 100 |  |

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

2025 | 2024 |

£ | £ |

| Trade debtors | 35,518 |  | 10,825 |  |

| Amounts owed by group undertakings | 119,609 |  | 100,445 |  |

| Amounts owed by associates | 166,079 |  | 52,519 |  |

| Directors' current accounts | 115,874 |  | 58,972 |  |

| Corporation tax recoverable | 19,813 |  | 19,416 |  |

| Prepayments and accrued income | 9,706 |  | - |  |

466,599 |  | 242,177 |  |

COSTANDI CAPITAL LIMITED (REGISTERED NUMBER: 11267602) |

Notes to the Financial Statements - continued

for the year ended 31 March 2025

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

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 6,942 |  | 6,942 |  |

| Other loans | 109,701 |  | - |  |

| Hire purchase contracts | 21,950 |  | - |  |

| Trade creditors | 199,605 |  | 24,921 |  |

| Amounts owed to associates | 136,657 |  | 62,747 |  |

| Corporation tax | 34,784 |  | 40,817 |  |

| Social security and other taxes | 118,484 |  | 36,545 |  |

| Other creditors | 1,556 |  | 2,061 |  |

| Accruals and deferred income | 18,686 |  | 4,145 |  |

648,365 |  | 178,178 |  |

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

2025 | 2024 |

£ | £ |

| Bank loans | 28,931 |  | 35,873 |  |

| Other loans - 1-2 years | 3,538 |  | - |  |

| Hire purchase contracts | 47,118 |  | - |  |

79,587 |  | 35,873 |  |

9. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025 | 2024 |

£ | £ |

| J S Costandi

| Balance outstanding at start of year | 58,972 |  | 57,796 |  |

| Amounts advanced | 81,902 |  | 4,343 |  |

| Amounts repaid | (25,000 | ) | (3,167 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 115,874 |  | 58,972 |  |

| The loan is interest free.