REGISTERED NUMBER: 11602522 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

ANDORA HOMES LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A Savva

Mrs D Savva

REGISTERED OFFICE:

869 High Road

London

N12 8QA

REGISTERED NUMBER:

11602522 (England and Wales)

ACCOUNTANTS:

Beavis Morgan LLP

869 High Road

London

N12 8QA

FIXED ASSETS

Tangible assets

4

3,473

4,630

Investment property

5

25,246,191

25,000,000

25,249,664

25,004,630

CURRENT ASSETS

Debtors

6

320,110

311,378

Cash at bank and in hand

539,768

588,532

859,878

899,910

CREDITORS

Amounts falling due within one year

7

233,477

173,911

NET CURRENT ASSETS

626,401

725,999

TOTAL ASSETS LESS CURRENT LIABILITIES

25,876,065

25,730,629

CREDITORS

Amounts falling due after more than one year

8

10,120,000

10,120,000

NET ASSETS

15,756,065

15,610,629

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Share premium

14,832,425

14,832,425

Retained earnings

922,640

777,204

SHAREHOLDERS' FUNDS

15,756,065

15,610,629

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 21 July 2026 and were signed on its behalf by:

Mr A Savva - Director

1.	STATUTORY INFORMATION

Andora Homes 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.

Related party exemption

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.

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.

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 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 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 (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 January 2025

and 31 December 2025

5,168

DEPRECIATION

At 1 January 2025

538

Charge for year

1,157

At 31 December 2025

1,695

NET BOOK VALUE

At 31 December 2025

3,473

At 31 December 2024

4,630

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

25,000,000

Additions

246,191

At 31 December 2025

25,246,191

NET BOOK VALUE

At 31 December 2025

25,246,191

At 31 December 2024

25,000,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by participating interests

301,606

300,410

Other debtors

18,504

10,968

320,110

311,378

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

9,523

16,404

Amounts owed to participating interests

10,298

10,000

Taxation and social security

62,249

1,747

Other creditors

151,407

145,760

233,477

173,911

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

10,120,000

10,120,000

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2025 and 31 December 2024:

2025

2024

£

£

Mr A Savva and Mrs D Savva

Balance outstanding at start of year

(16,994

)

481,038

Amounts advanced

64,311

20,042

Amounts repaid

(52,483

)

(518,074

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(5,166

)

(16,994

)

During the period under review, interest of £Nil (2024: £6,105) has been charged on the overdrawn director's loan account balance.

10.	RELATED PARTY DISCLOSURES

Included in debtors, amounts falling due within one year, is an interest free amount of £301,606 (2024: £300,410), due from Andora Commercial Limited, a company with common directors.

Included in creditors, amounts falling due within one year, is an interest free amount of £10,298 (2024: £10,000), due to Lodge Drive Developments Limited, a company with common directors.