Registration number: 15405607

ATRIUM SWISS LTD

Contents

Company Information	1
Director's Report	2
Abridged Balance Sheet	3 to 4
Notes to the Unaudited Abridged Financial Statements	5 to 7

ATRIUM SWISS LTD

Company Information

Director

Harriet Mary Greghi

Company secretary

Ashdown Secretaries Limited

Registered office

5th Floor 86 Jermyn Street London SW1Y 6AW

Accountants

Verfides 5th Floor 86 Jermyn Street London SW1Y 6AW

ATRIUM SWISS LTD

Director's Report for the Year Ended 31 December 2025

The report and the abridged financial statements for the year ended 31 December 2025.

Directors of the company

The directors who held office during the year were as follows:

Harriet Mary Greghi (appointed 4 August 2025)

Carl Barrett (ceased 5 August 2025)

Principal activity

The principal activity of the company is that of acquisition and holding of real estate assets, with future plans for equestrian and leisure development.

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 25 August 2026
 

......................................... Harriet Mary Greghi Director

ATRIUM SWISS LTD

(Registration number: 15405607)
Abridged Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	3,772,109	3,389,631
Current assets
Debtors		60,674	20,661
Cash at bank and in hand		27,339	84,962
		88,013	105,623
Prepayments and accrued income		18,571	543
Creditors: Amounts falling due within one year		(3,806,863)	(3,346,689)
Net current liabilities		(3,700,279)	(3,240,523)
Total assets less current liabilities		71,830	149,108
Accruals and deferred income		(143,725)	(155,207)
Net liabilities		(71,895)	(6,099)
Capital and reserves
Called up share capital		1	1
Retained earnings		(71,896)	(6,100)
Shareholders' deficit		(71,895)	(6,099)

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

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

ATRIUM SWISS LTD

(Registration number: 15405607)
Abridged Balance Sheet as at 31 December 2025

Approved and authorised by the director on 25 August 2026
 

.........................................

Harriet Mary Greghi

Director

ATRIUM SWISS LTD

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
5th Floor
86 Jermyn Street
London
SW1Y 6AW

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements were prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements are prepared in Pounds Sterling which is the functional currency of the company and are rounded to the nearest whole Pound.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Land is not depreciated.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives.

ATRIUM SWISS LTD

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2025

Asset class	Depreciation method and rate
Plant and machinery	5% Straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

ATRIUM SWISS LTD

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2025

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 2).

4	Loss before tax

Arrived at after charging/(crediting)

	2025 £	2024 £
Depreciation expense	1,764	-

5	Tangible assets

	Land and structures £	Assets under contruction £	Plant & Machinery £	Total £
Cost or valuation
At 1 January 2025	3,277,732	111,899	-	3,389,631
Additions	-	-	81,581	81,581
Transfers	-	302,661	-	302,661
At 31 December 2025	3,277,732	414,560	81,581	3,773,873
Depreciation
Charge for the year	-	-	1,764	1,764
At 31 December 2025	-	-	1,764	1,764
Carrying amount
At 31 December 2025	3,277,732	414,560	79,817	3,772,109
At 31 December 2024	3,277,732	111,899	-	3,389,631

During the period, the company continued construction of facilities for the polo club.

Included within the net book value of land and structures above is £3,277,732 (2024 - £3,277,732) in respect of freehold land and structures.

No depreciation has been charged for the assets under contruction as those are not yet availabe for use.

 

6	Related party transactions

Summary of transactions with other related parties

At the year end the company owed the shareholder £3,800,292 (2024 - £3,346,689).