Ilharia Holdings 2 Limited 31/12/2025 iXBRL

Company registration number: 15904427

Ilharia Holdings 2 Limited

Trading as Ilharia Holdings 2 Limited

Unaudited abridged financial statements

31 December 2025

Ilharia Holdings 2 Limited

Contents

Directors and other information

Directors report

Accountants report

Abridged statement of comprehensive income

Abridged statement of financial position

Statement of changes in equity

Notes to the financial statements

Ilharia Holdings 2 Limited

Directors and other information


Directors	Mr Zagham Sharif	(Appointed 19 August 2024)


Company number	15904427


Registered office	Frensham
	Fencer Hill Park
	Newcastle Upon Tyne
	United Kingdom
	NE3 2EA


Accountants	James Mc Mahon & Co
	35 Castor Bay Road
	Lurgan
	Co. Armagh
	BT67 9LE

Ilharia Holdings 2 Limited

Directors report

Period ended 31 December 2025

The directors present their report and the unaudited financial statements of the company for the period ended 31 December 2025.

Directors

The directors who served the company during the period were as follows:


Mr Zagham Sharif				(Appointed 19 August 2024)

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 13 April 2026 and signed on behalf of the board by:

Mr Zagham Sharif

Director

Ilharia Holdings 2 Limited

Certified public accountants report to the board of directors on the preparation of the

unaudited statutory financial statements of Ilharia Holdings 2 Limited

Period ended 31 December 2025

As described on the statement of financial position, the directors of the company are responsible for the preparation of the financial statements for the period ended 31 December 2025 which comprise the abridged statement of comprehensive income, abridged statement of financial position, statement of changes in equity and related notes.

You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.

James Mc Mahon & Co

Certified Public Accountants

35 Castor Bay Road

Lurgan

Co. Armagh

BT67 9LE

13 April 2026

Ilharia Holdings 2 Limited

Abridged statement of comprehensive income

Period ended 31 December 2025

		Period
		ended
		31/12/25
	Note	£

Other operating expenses		( 17,410)
Operating loss		( 17,410)

		_______
Loss before taxation		( 17,410)

Tax on loss		-
		_______
Loss for the financial period and total comprehensive income		( 17,410)
		_______

All the activities of the company are from continuing operations.

Ilharia Holdings 2 Limited

Abridged statement of financial position

31 December 2025

		31/12/25
	Note	£	£

Fixed assets
Investments	4	779,608
		_______
			779,608

Current assets
Debtors		128,855
		_______
		128,855
Creditors: amounts falling due
within one year		( 925,871)
		_______
Net current liabilities			( 797,016)
			_______
Total assets less current liabilities			( 17,408)

			_______
Net liabilities			( 17,408)
			_______

Capital and reserves
Called up share capital			2
Profit and loss account			( 17,410)
			_______
Shareholders deficit			( 17,408)
			_______

For the period ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

All of the members have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the current period ending 31 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements were approved by the board of directors and authorised for issue on 13 April 2026 , and are signed on behalf of the board by:

Mr Zagham Sharif

Director

Company registration number: 15904427

Ilharia Holdings 2 Limited

Statement of changes in equity

Period ended 31 December 2025

	Called up share capital	Profit and loss account	Total
	£	£	£


At	2	-	2

Loss for the period		( 17,410)	( 17,410)
	_______	_______	_______
Total comprehensive income for the period	-	( 17,410)	( 17,410)

	_______	_______	_______
At 31 December 2025	2	( 17,410)	( 17,408)
	_______	_______	_______

Ilharia Holdings 2 Limited

Notes to the financial statements

Period ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England. The address of the registered office is Ilharia Holdings 2 Limited, Frensham, Fencer Hill Park, Newcastle Upon Tyne, United Kingdom, NE3 2EA.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Fixed asset investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Investments


		£
	Cost
	At	-
	Additions	779,608
		_______
	At 31 December 2025	779,608
		_______
	Impairment
	At and 31 December 2025	-
		_______
	Carrying amount
	At 31 December 2025	779,608
		_______

5. Related party transactions

During the period the company entered into the following transactions with related parties:

		Transaction value
		Period
		ended
		31/12/25
		£
	Arturo Sebastian Management Ltd	50,000
	Ilharia Holdings Ltd	( 892,919)
		_______

The company is under the common control of Mr Zagham Sharif and Mrs Homa Sharif. Ilharia Holdings Ltd and Arturo Sebastian Management Ltd are under the same common control but are not members of the company's group. At 31 December 2025 the company was owed £50,000 by Arturo Sebastial Mangement Ltd and owed £892,919 to Ilharia Holdings Ltd. These balances are interest free, unsecured and have no fixed date of repayment.

6. Controlling party

The company is owned equallly by Mr Zagham Shariff and Mrs Homa Shariff by virtue of 50/50 shareholding.