REGISTERED NUMBER: 07384275 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JUNE 2024 TO 26 MAY 2025

FOR

ATTITUDE (UK) LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R Constantinou

Mr Y Tornari

REGISTERED OFFICE:

1 Kings Avenue

London

N21 3NA

REGISTERED NUMBER:

07384275 (England and Wales)

ACCOUNTANTS:

AGK Partners

Chartered Accountants

1 Kings Avenue

Winchmore Hill

London

N21 3NA

FIXED ASSETS

Property, plant and equipment

4

2,300

3,069

Investment property

5

3,724,630

3,591,882

3,726,930

3,594,951

CURRENT ASSETS

Debtors

6

1,039,445

236,169

Cash at bank and in hand

68,207

56,189

1,107,652

292,358

CREDITORS

Amounts falling due within one year

7

132,381

117,980

NET CURRENT ASSETS

975,271

174,378

TOTAL ASSETS LESS CURRENT LIABILITIES

4,702,201

3,769,329

CREDITORS

Amounts falling due after more than one year

8

(2,561,004

)

(1,830,179

)

PROVISIONS FOR LIABILITIES

11

(323,695

)

(289,933

)

NET ASSETS

1,817,502

1,649,217

CAPITAL AND RESERVES

Called up share capital

1

1

Fair value reserve

12

969,361

869,800

Retained earnings

848,140

779,416

SHAREHOLDERS' FUNDS

1,817,502

1,649,217

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 26 May 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 26 May 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 27 May 2026 and were signed on its behalf by:

Mr Y Tornari - Director

1.	STATUTORY INFORMATION

Attitude (UK) 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 as modified by the revaluation of certain assets.

Significant judgements and estimates

In the application of the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period or in the period of the revision and future periods where the revision affects both current and future periods.

There are no significant judgements or estimates involved in the preparation of the financial statements.

Revenue

Revenue represents the value of rental income chargeable in respect of the company's investment property. Revenue is recognised evenly over the period of the rental agreement.

Property, plant and equipment

Property, plant and equipment are stated at cost less accumulated depreciation and accumulated impairment losses. Such cost includes costs directly attributable to making the assets capable of operating as intended.

The carrying value of tangible assets are reviewed for impairment when events or changes in circumstances indicate the carrying value may not be recoverable.

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Fixtures and fittings - 25% on reducing balance

The company has adopted the policy of not depreciating the assets in the first year, however full depreciation is provided in the year of disposal..

Investment property

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 statement of financial position date.

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 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.

Cash and cash equivalent

Cash and cash equivalents in the statement of financial position comprise cash at banks and in hand, short term deposits with an original maturity date of one month. Cash equivalents are defined as short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss.

Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2024 - NIL).

4.	PROPERTY,PLANT AND EQUIPMENT

Fixtures

and

fittings

£

COST

At 1 June 2024

and 26 May 2025

19,202

DEPRECIATION

At 1 June 2024

16,133

Charge for period

769

At 26 May 2025

16,902

NET BOOK VALUE

At 26 May 2025

2,300

At 31 May 2024

3,069

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 June 2024

3,591,882

Revaluations

132,748

At 26 May 2025

3,724,630

NET BOOK VALUE

At 26 May 2025

3,724,630

At 31 May 2024

3,591,882

If investment properties had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

2,432,149

2,432,149

The directors consider the market value of the investment properties at the year end to be as stated in the accounts.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

1,034,888

229,638

Other debtors

4,557

6,531

1,039,445

236,169

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 9)

-

10,000

Trade creditors

461

4,525

Amounts owed to group undertakings

240

-

Taxation and social security

109,322

95,245

Other creditors

22,358

8,210

132,381

117,980

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 9)

2,561,004

1,830,179

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

2,561,004

1,817,679

9.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank loans

-

10,000

Amounts falling due between two and five years:

Bank loans - 2-5 years

-

12,500

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

2,561,004

1,817,679

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loan

2,561,004

1,817,679

Bank loan is secured by way of fixed and floating charge on the properties and other assets of the company and contains a negative pledge.

11.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

PROVISIONS FOR LIABILITIES

323,695

289,933

Deferred

tax

£

Balance at 1 June 2024

289,933

Provided during period

33,762

Balance at 26 May 2025

323,695

12.

RESERVES

Fair

value

reserve

£

At 1 June 2024

869,800

Movement during the year

99,561

At 26 May 2025

969,361

13.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.