IRIS Accounts Production v26.1.10.61 03835072 Board of Directors 1.11.24 31.10.25 31.10.25 false true false false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 03835072 2024-10-31 03835072 2025-10-31 03835072 2024-11-01 2025-10-31 03835072 2023-10-31 03835072 2023-11-01 2024-10-31 03835072 2024-10-31 03835072 ns15:EnglandWales 2024-11-01 2025-10-31 03835072 ns14:PoundSterling 2024-11-01 2025-10-31 03835072 ns10:Director1 2024-11-01 2025-10-31 03835072 ns10:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 03835072 ns10:SmallEntities 2024-11-01 2025-10-31 03835072 ns10:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 03835072 ns10:SmallCompaniesRegimeForDirectorsReport 2024-11-01 2025-10-31 03835072 ns10:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 03835072 ns10:FullAccounts 2024-11-01 2025-10-31 03835072 1 2024-11-01 2025-10-31 03835072 ns10:Director2 2024-11-01 2025-10-31 03835072 ns10:Director3 2024-11-01 2025-10-31 03835072 ns10:CompanySecretary1 2024-11-01 2025-10-31 03835072 ns10:RegisteredOffice 2024-11-01 2025-10-31 03835072 ns5:CurrentFinancialInstruments 2025-10-31 03835072 ns5:CurrentFinancialInstruments 2024-10-31 03835072 ns5:ShareCapital 2025-10-31 03835072 ns5:ShareCapital 2024-10-31 03835072 ns5:RetainedEarningsAccumulatedLosses 2025-10-31 03835072 ns5:RetainedEarningsAccumulatedLosses 2024-10-31 03835072 ns5:NetGoodwill 2024-11-01 2025-10-31 03835072 ns5:IntangibleAssetsOtherThanGoodwill 2024-11-01 2025-10-31 03835072 ns5:OwnedOrFreeholdAssets ns5:LandBuildings 2024-11-01 2025-10-31 03835072 ns5:LeaseholdImprovements 2024-11-01 2025-10-31 03835072 ns5:FurnitureFittings 2024-11-01 2025-10-31 03835072 ns5:ComputerEquipment 2024-11-01 2025-10-31 03835072 ns5:NetGoodwill 2024-10-31 03835072 ns5:NetGoodwill 2025-10-31 03835072 ns5:NetGoodwill 2024-10-31 03835072 ns5:LandBuildings 2024-10-31 03835072 ns5:LeaseholdImprovements 2024-10-31 03835072 ns5:FurnitureFittings 2024-10-31 03835072 ns5:ComputerEquipment 2024-10-31 03835072 ns5:LandBuildings 2024-11-01 2025-10-31 03835072 ns5:LandBuildings 2025-10-31 03835072 ns5:LeaseholdImprovements 2025-10-31 03835072 ns5:FurnitureFittings 2025-10-31 03835072 ns5:ComputerEquipment 2025-10-31 03835072 ns5:LandBuildings 2024-10-31 03835072 ns5:LeaseholdImprovements 2024-10-31 03835072 ns5:FurnitureFittings 2024-10-31 03835072 ns5:ComputerEquipment 2024-10-31 03835072 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-10-31 03835072 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-10-31

REGISTERED NUMBER: 03835072 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 OCTOBER 2025 |

| FOR |

| CHARALAMBOUS & CO LIMITED |

CHARALAMBOUS & CO LIMITED (REGISTERED NUMBER: 03835072) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| CHARALAMBOUS & CO LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 OCTOBER 2025

| DIRECTORS: | B D Charalambous

| P P Charalambous

| P Charalambous

| SECRETARY: | P P Charalambous

| REGISTERED OFFICE: | 869 High Road

| London

| N12 8QA

| REGISTERED NUMBER: | 03835072 (England and Wales)

| ACCOUNTANTS: | AC Partners Professional Services Ltd

| Chartered Accountants

| 869 High Road

| London

| N12 8QA

CHARALAMBOUS & CO LIMITED (REGISTERED NUMBER: 03835072) |

BALANCE SHEET

31 OCTOBER 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | 1,619 |  |

Tangible assets | 5 | 4,561,058 |  | 4,638,169 |  |

4,561,058 |  | 4,639,788 |  |

CURRENT ASSETS

Stocks | 19,461 |  | 17,802 |  |

Debtors | 6 | 42,259 |  | 71,596 |  |

Cash at bank and in hand | 724,456 |  | 481,709 |  |

786,176 |  | 571,107 |  |

CREDITORS

Amounts falling due within one year | 7 | 383,592 |  | 482,161 |  |

NET CURRENT ASSETS | 402,584 |  | 88,946 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 4,963,642 |  | 4,728,734 |  |

PROVISIONS FOR LIABILITIES | 103,056 |  | 103,056 |  |

NET ASSETS | 4,860,586 |  | 4,625,678 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 4,860,486 |  | 4,625,578 |  |

SHAREHOLDERS' FUNDS | 4,860,586 |  | 4,625,678 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 24 June 2026 and were signed on its behalf by:

P P Charalambous - Director

CHARALAMBOUS & CO LIMITED (REGISTERED NUMBER: 03835072) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

1. | STATUTORY INFORMATION

| Charalambous & Co 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.

| TURNOVER

| Turnover is derived from the company's principal activities and is stated in the accounts net of value added tax.

| GOODWILL

| Goodwill, being the amount paid in connection with the acquisition of a business in 1999, is being written off evenly over its estimated useful life of twenty years.

| Further goodwill, being the amount paid in connection with the acquisition of a new business in 2006, is being written off evenly over its estimated useful life of twenty years.

| INTANGIBLE ASSETS

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| TANGIBLE FIXED ASSETS

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

| Freehold property | - | 2% on cost

| Improvements to property | - | 2% on cost

| Fixtures and fittings | - | 10% on reducing balance

| Computer & other equipment | - | 25% on reducing balance.

| STOCKS

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| 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.

CHARALAMBOUS & CO LIMITED (REGISTERED NUMBER: 03835072) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 OCTOBER 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| 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.

| PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

| 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 26 (2024 - 26 ) .

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 November 2024

| and 31 October 2025 | 388,328 |  |

| AMORTISATION

| At 1 November 2024 | 386,709 |  |

| Amortisation for year | 1,619 |  |

| At 31 October 2025 | 388,328 |  |

| NET BOOK VALUE

| At 31 October 2025 | - |  |

| At 31 October 2024 | 1,619 |  |

CHARALAMBOUS & CO LIMITED (REGISTERED NUMBER: 03835072) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 OCTOBER 2025

5. | TANGIBLE FIXED ASSETS

| Improvements |  | Fixtures |  | Computer |

| Freehold |  | to |  | and |  | & other |

| property |  | property |  | fittings |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 November 2024 | 3,211,992 |  | 1,530,991 |  | 1,175,016 |  | 150,854 |  | 6,068,853 |  |

| Additions | - |  | 44,196 |  | - |  | 3,034 |  | 47,230 |  |

| At 31 October 2025 | 3,211,992 |  | 1,575,187 |  | 1,175,016 |  | 153,888 |  | 6,116,083 |  |

| DEPRECIATION

| At 1 November 2024 | 333,243 |  | 243,905 |  | 731,103 |  | 122,433 |  | 1,430,684 |  |

| Charge for year | 35,162 |  | 32,596 |  | 46,043 |  | 10,540 |  | 124,341 |  |

| At 31 October 2025 | 368,405 |  | 276,501 |  | 777,146 |  | 132,973 |  | 1,555,025 |  |

| NET BOOK VALUE

| At 31 October 2025 | 2,843,587 |  | 1,298,686 |  | 397,870 |  | 20,915 |  | 4,561,058 |  |

| At 31 October 2024 | 2,878,749 |  | 1,287,086 |  | 443,913 |  | 28,421 |  | 4,638,169 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 10,985 |  | 54,617 |  |

| Other debtors | 31,274 |  | 16,979 |  |

42,259 |  | 71,596 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade creditors | 49,718 |  | 166,065 |  |

| Taxation and social security | 282,547 |  | 260,259 |  |

| Other creditors | 51,327 |  | 55,837 |  |

383,592 |  | 482,161 |  |

8. | RELATED PARTY DISCLOSURES

| One of the properties where the company operates from is jointly owned by the directors. During the year under review no rent was charged to the company. In the opinion of the directors the current market value rent for this property would be £350,000 per annum.