Althea Investments Ltd

Contents

Balance Sheet	1
Notes to the Financial Statements	2 to 8

Althea Investments Ltd

Balance Sheet

30 September 2025

	Note	2025 £	2024 £
Fixed assets
Investments	4	849,254	485,455
Current assets
Debtors (including £14,304 due after more than one year (2024 - £Nil))	5	14,304	-
Cash at bank and in hand		6	6
		14,310	6
Creditors: Amounts falling due within one year	6	(1,153)	-
Net current assets		13,157	6
Total assets less current liabilities		862,411	485,461
Creditors: Amounts falling due after more than one year	6	(761,632)	(373,760)
Net assets		100,779	111,701
Capital and reserves
Called up share capital	7	6	6
Profit and loss account		100,773	111,695
Shareholders' funds		100,779	111,701

These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 23 May 2026 and signed on its behalf by:
 

.........................................

Mr V Thayanandarajah

Company secretary and director

Company Registration Number: 07604436

Althea Investments Ltd

Notes to the Financial Statements

Year Ended 30 September 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Kingsley House
Clapham Road South
Lowestoft
Suffolk
NR32 1QS

The business address is the same as the registered office address.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

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 Section 1A, and the Companies Act 2006. There are no material departures from FRS102.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

At the year end, the company had net current liabilities of £1,147 (2024 - net asset £6) (excluding amounts owed from connected companies due over one year).

The directors believe, with the support of the parent company and the directors, the company has sufficient working capital to continue to trade for the foreseeable future. Therefore the directors continue to adopt a going concern basis in preparing the financial statements.

Althea Investments Ltd

Notes to the Financial Statements

Year Ended 30 September 2025

Key accounting judgements and sources of estimation uncertainty

In the application of the company's accounting policies management is required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be 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 if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The key estimates that have a significant effect on the amounts recognised in the financial statements are described below:

Group recharges
Cost re-allocations are required in order to fairly reflect the cost of management services borne by group companies and entities under common control. These are based on judgemental estimates of the proportion of management time spent in areas of the business which are different from where the payroll cost is originally processed, and where joint contracts of employment are in place.

Intercompany loan interest
The business trades as part of a group. In addition to recharges of central costs and other trading settlements, management charges are raised to reflect the cost of funding arranged at a group level. Significant balances with group and other connected parties arise, these balances are due after more than one year. The lending company charges interest on these loans using a market rate for an equivalent third party loan.

The carrying value of amounts owed from group companies and entities under common control can be found in note 5.

Management are required to make estimates as to the outflow of economic benefits which will be required to settle an obligation in making provisions.

Tax

Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Investments

Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment. Dividends on equity securities are recognised in income when receivable.

Althea Investments Ltd

Notes to the Financial Statements

Year Ended 30 September 2025

Financial instruments

Classification
The company holds the following financial instruments:

• Loans with group companies and entities under common control; and
• Cash and bank balances.

All financial instruments are classified as basic.

Recognition and measurement

The company has chosen to apply the recognition and measurement principles in FRS102.

Financial instruments are recognised when a company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are
cancelled.

Except for loans with group companies and entities under common control, such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.

Loans with group companies and entities under common control are initially measured at transaction price, including transaction costs, and are subsequently carried at amortised cost using the effective interest method.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2024 - 0).

Althea Investments Ltd

Notes to the Financial Statements

Year Ended 30 September 2025

4	Investments

	2025  £	2024  £
Investments in associates	849,254	485,455

 

Associates	£
Cost
At 1 October 2024	485,455
Additions	363,799
At 30 September 2025	849,254
Carrying amount
At 30 September 2025	849,254
At 30 September 2024	485,455

Details of undertakings

Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking	Registered office	Holding	Proportion of voting rights and shares held
			2025	2024
Associates
Althea Healthcare Limited	Kingsley House, Clapham Road South, Lowestoft, Suffolk, NR32 1QS	Ordinary	25%	22%
Althea Healthcare Properties Limited	Kingsley House, Clapham Road South, Lowestoft, Suffolk, NR32 1QS	Ordinary	25%	22%