REGISTERED NUMBER: 04528695 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

YPARHO INVESTMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr Antonakis Chrysostomou

SECRETARY:

Mrs Chrystalla Chrysostomou

REGISTERED OFFICE:

869 High Road

London

N12 8QA

REGISTERED NUMBER:

04528695 (England and Wales)

ACCOUNTANTS:

AC Partners Professional Services Ltd

Chartered Accountants

869 High Road

London

N12 8QA

FIXED ASSETS

Tangible assets

4

356

445

Investments

5

1,195,501

1,203,691

Investment property

6

28,300,000

22,020,000

29,495,857

23,224,136

CURRENT ASSETS

Debtors

7

387,908

429,262

Cash at bank

1,276,418

945,859

1,664,326

1,375,121

CREDITORS

Amounts falling due within one year

8

360,444

414,323

NET CURRENT ASSETS

1,303,882

960,798

TOTAL ASSETS LESS CURRENT LIABILITIES

30,799,739

24,184,934

CREDITORS

Amounts falling due after more than one year

9

-

3,045,558

PROVISIONS FOR LIABILITIES

10

4,638,755

3,070,045

CAPITAL AND RESERVES

Called up share capital

294

294

Share premium

1,934,606

1,934,606

Retained earnings - unrealised

13,929,095

9,211,672

Retained earnings

10,296,989

6,922,759

SHAREHOLDERS' FUNDS

26,160,984

18,069,331

30,799,739

24,184,934

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 5 June 2026 and were signed by:

Mr Antonakis Chrysostomou - Director

1.	STATUTORY INFORMATION

Yparho Investments 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.

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.

PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS

The financial statements contain information about Yparho Investments 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 represents rental income receivable by the company during the year. Any amounts received in advance or in arrears are included in debtors or creditors as applicable.

Rental income from operating leases is recognised on a straight-line basis over the term of the relevant lease. Any lease incentives are spread on a straight-line basis over the lease term.

TANGIBLE FIXED ASSETS

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

Fixtures and fittings

-

20% on reducing balance

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

INVESTMENTS IN SUBSIDIARIES

Investments in subsidiary undertakings are stated at cost and revalued annually. Revaluation gains are recognised in other comprehensive income and accumulated in equity, unless they reverse a previous impairment loss, in which case the reversal is recognised in profit or loss. Revaluation losses are recognised in profit or loss to the extent that they exceed any previously recognised revaluation gains. Dividends received from subsidiaries are recognised in profit or loss when the right to receive payment is established.

INVESTMENT PROPERTY

Investment properties are carried at fair value. Revaluation surpluses are recognised in the income statement. Deferred Taxation is provided on these gains at the rate expected to apply when the property is sold. No depreciation is provided in respect of investment properties.

The Companies Act 2006 requires all properties to be depreciated. However, this requirement conflicts with the generally accepted accounting principle set out in FRS 102 (Section 1A). The director considers that, because these properties are not held for consumption but for their investment potential, to depreciate them would not give a true and fair view and that it is necessary to adopt FRS 102 (Section 1A) in order to give a true and fair view. If this departure from the Act had not been made, the loss for the financial year would have been increased by the amount of depreciation.

FINANCIAL INSTRUMENTS

Financial assets and financial liabilities are recognised in the company's balance sheet when the company becomes a party to the contractual provisions of instrument.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances are initially measured at transaction price including transaction cost and are subsequently carried at amortised cost using the effective interest method.

Impairment

Assets not measured at fair value are reviewed for any indications that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the currying amount would have been, had the impairment not previously been recognised.The impairment reversal is recognised in profit or loss.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities, including trade and other payables and bank loans, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at the market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

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.

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.

Capital gains tax on uncrystallised gains on property investments is provided in the financial statements using the tax rates and laws that have been enacted or substantially enacted by the balance sheet date.

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.

PROVISIONS

Provisions are recognised when the company has an obligation at the balance sheet date as a result of a past event, it is probable that an outflow of economic benefits will be required in settlement and the account can be reliably estimated.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST OR VALUATION

At 1 April 2025

and 31 March 2026

3,175

DEPRECIATION

At 1 April 2025

2,730

Charge for year

89

At 31 March 2026

2,819

NET BOOK VALUE

At 31 March 2026

356

At 31 March 2025

445

Cost or valuation at 31 March 2026 is represented by:

Fixtures

and

fittings

£

Cost

3,175

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST OR VALUATION

At 1 April 2025

1,203,691

Additions

(14,730

)

Revaluations

6,540

At 31 March 2026

1,195,501

NET BOOK VALUE

At 31 March 2026

1,195,501

At 31 March 2025

1,203,691

Cost or valuation at 31 March 2026 is represented by:

Shares in

group

undertakings

£

Valuation in 2025

6,291

Valuation in 2026

6,540

Cost

1,182,670

1,195,501

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

22,020,000

Revaluations

6,280,000

At 31 March 2026

28,300,000

NET BOOK VALUE

At 31 March 2026

28,300,000

At 31 March 2025

22,020,000

Fair value at 31 March 2026 is represented by:

£

Valuation in 2011

19,467,000

Valuation in 2013

(14,667,000

)

Valuation in 2016

4,100,000

Valuation in 2017

500,000

Valuation in 2021

(624,982

)

Valuation in 2024

3,500,000

Valuation in 2026

6,280,000

Cost

9,744,982

28,300,000

7.

DEBTORS

2026

2025

£

£

Amounts falling due within one year:

Trade debtors

25,158

23,701

Amounts owed by group undertakings

337,667

362,667

Other debtors

3,715

22,071

366,540

408,439

Amounts falling due after more than one year:

Amounts owed by group undertakings

21,368

20,823

Aggregate amounts

387,908

429,262

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

2,100

-

Taxation and social security

116,977

105,845

Other creditors

241,367

308,478

360,444

414,323

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Amounts owed to group undertakings

-

3,045,558

10.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

4,638,755

3,070,045

Deferred

tax

£

Balance at 1 April 2025

3,070,045

Provided during year

1,570,000

Unused amounts reversed during year

(1,290

)

Balance at 31 March 2026

4,638,755

11.	RELATED PARTY DISCLOSURES

Amounts owed to group undertakings (note 10) consist of a loan from the company's wholly owned subsidiary Yparho Ltd £nil (2025 £3,045,558). In the year under review the company was charged interest at the rate of 2.5% per annum amounting to £nil (2025: £74,282) as the loan was fully repaid at the beginning of the period.

Included in creditors due within one year is an amount of £169,225 (2025: £262,212) owed to the director of the company. No interest is charged on this amount which is repayable on demand.