REGISTERED NUMBER: 12469165 (England and Wales)

ITANI HOLDINGS LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A J Itani

Z M Itani

REGISTERED OFFICE:

Unit 1 Ambassador Buildings

Pontnewynydd Industrial Estate

Pontypool

Torfaen

NP4 6YW

REGISTERED NUMBER:

12469165 (England and Wales)

ACCOUNTANTS:

Green & Co

Accountants and Tax Advisors

Pembroke House

Llantarnam Park Way

Cwmbran

Torfaen

NP44 3AU

FIXED ASSETS

Tangible assets

4

474

-

Investment property

5

4,190,000

3,860,000

4,190,474

3,860,000

CURRENT ASSETS

Debtors

6

33,768

1,220

Cash at bank

185,861

468,037

219,629

469,257

CREDITORS

Amounts falling due within one year

7

2,754,288

3,006,219

NET CURRENT LIABILITIES

(2,534,659

)

(2,536,962

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,655,815

1,323,038

CREDITORS

Amounts falling due after more than one year

8

(542,182

)

(308,612

)

PROVISIONS FOR LIABILITIES

(269,934

)

(204,121

)

NET ASSETS

843,699

810,305

CAPITAL AND RESERVES

Called up share capital

9

2

2

Revaluation reserve

10

809,445

870,200

Retained earnings

34,252

(59,897

)

SHAREHOLDERS' FUNDS

843,699

810,305

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2026 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 Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25th June 2026 and were signed on its behalf by:

A J Itani - Director

Z M Itani - Director

1.	STATUTORY INFORMATION

Itani Holdings Ltd 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.

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.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

Additions

508

At 31st March 2026

508

DEPRECIATION

Charge for year

34

At 31st March 2026

34

NET BOOK VALUE

At 31st March 2026

474

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st April 2025

3,860,000

Additions

325,657

Revaluations

4,343

At 31st March 2026

4,190,000

NET BOOK VALUE

At 31st March 2026

4,190,000

At 31st March 2025

3,860,000

Fair value at 31st March 2026 is represented by:

£

Valuation in 2026

4,343

Valuation in 2025

690,258

Valuation in 2023

384,660

Cost

3,110,739

4,190,000

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

2026

2025

£

£

Cost

3,110,739

2,785,082

Investment property was valued on an open market basis on 31st March 2026 by A J Itani .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

30,360

-

Prepayments

3,408

1,220

33,768

1,220

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other loans

138,000

64,800

Trade creditors

22,371

185

Corporation Tax

31,729

9,596

Wiltan Holdings Limited

1,706,288

1,706,288

A&Z Holdings Limited

620,000

317,902

Wiltan Limited

5,400

5,400

Directors' current accounts

200,000

815,748

Accruals and deferred income

30,500

86,300

2,754,288

3,006,219

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Other loans - 1-2 years

143,126

64,800

Other loans - 2-5 years

399,056

243,812

542,182

308,612

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

2

Ordinary

£1

2

2

10.

RESERVES

Revaluation

reserve

£

At 1st April 2025

870,200

Revaluation

(60,755

)

At 31st March 2026

809,445

11.	RELATED PARTY DISCLOSURES

The company received rental income of £96,000 (2025 - £41,662) and insurance reimbursements of £3,454 (2025 - £3,454) from Wiltan Limited in the year, a company under the control of the directors A J Itani and Z M Itani.

The company paid buildings insurance contributions of £Nil (2025 - £2,065) to Wiltan Holdings Limited in the year, a company under the control of the directors A J Itani and Z M Itani.

At the year end the company owed £1,706,288 (2025 - £1,706,288) to Wiltan Holdings Limited, a company under the control of the directors A J Itani and Z M Itani.

At the year end the company owed £620,000 (2025 - £317,902) to A&Z Holdings Limited, a company under the control of the directors A J Itani and Z M Itani.

At the year end the company owed £5,400 (2025 - £5,400) to Wiltan Limited, a company under the control of the directors A J Itani and Z M Itani.