Company No: 10768072 (England and Wales)

Contents

• Statement of Financial Position
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Investments		97,793		97,742
		97,793		97,742
Current assets
Debtors	3	703,325		712,425
Cash at bank and in hand	4	71,455		117,145
		774,780		829,570
Creditors: amounts falling due within one year	5	( 479,399)		( 539,948)
Net current assets		295,381		289,622
Total assets less current liabilities		393,174		387,364
Creditors: amounts falling due after more than one year	6	0		( 9,539)
Net assets		393,174		377,825
Capital and reserves
Called-up share capital	7	100		100
Profit and loss account		393,074		377,725
Total shareholder's funds		393,174		377,825

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

Director's responsibilities:

• The member has not required the company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Riaz & Sons Holding Ltd (registered number: 10768072) were approved and authorised for issue by the Director. They were signed on its behalf by:

M S Riaz Director

29 May 2026

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Riaz & Sons Holding Ltd (the company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is 35 Ballards Lane, London, N3 1XW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Statement of Financial Position date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Statement of Income and Retained Earnings in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Interest income

Interest income is recognised in profit or loss using the effective interest method.

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 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.

Borrowing costs

All other borrowing costs are recognised in profit or loss in the period in which they are incurred.

Financial instruments

The Company only enters into basic financial instruments and 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, loans to and from related parties and investments in non-puttable ordinary shares.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of Income and Retained Earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the company during the year, including the director	1		1

3. Debtors

	2025		2024
	£		£
Amounts owed by group undertakings	628,725		637,825
Other debtors	74,600		74,600
	703,325		712,425

4. Cash and cash equivalents

	2025		2024
	£		£
Cash at bank and in hand	71,455		117,145

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	9,539		10,246
Amounts owed to group undertakings	463,655		509,663
Amounts owed to director	1,205		12,093
Accruals	1,500		7,946
Other creditors	3,500		0
	479,399		539,948

6. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	0		9,539

There are no amounts included above in respect of which any security has been given by the small entity.

7. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100

8. Related party transactions

Where possible, the company has taken advantage of the exemption conferred by FRS 102 section 33.1A from the requirement to disclose transactions with other wholly owned group undertakings.

Included in other creditors is balance of £1,205 (2024: £12,093) due to a director of the company. The loan is interest free and there are no set dates for repayment.

Included in other debtors is a balance of £463,655 (2024: £509,663) due from companies with a common director.