REGISTERED NUMBER: 11772969 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 FEBRUARY 2024 TO 31 MAY 2025

FOR

1905 ASSETS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

N Nyfoudis

REGISTERED OFFICE:

869 High Road

London

N12 8QA

REGISTERED NUMBER:

11772969 (England and Wales)

FIXED ASSETS

Tangible assets

4

147,946

172,493

CURRENT ASSETS

Debtors

5

49,927

39,504

Cash in hand

100

100

50,027

39,604

CREDITORS

Amounts falling due within one year

6

312,614

284,421

NET CURRENT LIABILITIES

(262,587

)

(244,817

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(114,641

)

(72,324

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(114,741

)

(72,424

)

SHAREHOLDERS' FUNDS

(114,641

)

(72,324

)

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 26 August 2026 and were signed by:

N Nyfoudis - Director

1.	STATUTORY INFORMATION

1905 Assets 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.

The financial statements have been prepared on a going concern basis as the director is satisfied that the company will have adequate resources to meet its liabilities to third parties as they fall due.

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.

Short leasehold

-

10% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Taxation

Taxation for the period 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 period 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

leasehold

machinery

fittings

Totals

£

£

£

£

COST

At 1 February 2024

and 31 May 2025

182,849

15,247

29,288

227,384

DEPRECIATION

At 1 February 2024

35,404

6,673

12,814

54,891

Charge for period

18,285

2,144

4,118

24,547

At 31 May 2025

53,689

8,817

16,932

79,438

NET BOOK VALUE

At 31 May 2025

129,160

6,430

12,356

147,946

At 31 January 2024

147,445

8,574

16,474

172,493

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by participating interests

11,395

4,664

Other debtors

38,532

34,840

49,927

39,504

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

13

49

Trade creditors

29,281

16,591

Amounts owed to group undertakings

166,137

172,801

Amounts owed to participating interests

28,047

26,041

Taxation and social security

5,852

5,644

Other creditors

83,284

63,295

312,614

284,421

7.	RELATED PARTY DISCLOSURES

Included in debtors. amounts falling due within one year is an interest free amount of £4,664 (2024: £3,664) due from The Life Goddess Holdings Ltd, a company related by the mutual director N Nyfoudis.

Included in debtors. amounts falling due within one year is an interest free amount of £3,534 (2024: £Nil) due from The Life Goddess Investments Ltd, a company related by the mutual director N Nyfoudis.

Included in debtors. amounts falling due within one year is an interest free amount of £2,094 (2024: £Nil) due from The Life Goddess Group Ltd, a company related by the mutual director N Nyfoudis.

Included in debtors. amounts falling due within one year is an interest free amount of £1,103 (2024: £Nil) due from 1905 Kingly Investment Ltd, a company related by the mutual director N Nyfoudis.

Included in creditors, amounts falling due within one year is an interest free amount of £166,137 (2024: £172,801) due to 1905 Group Limited, a company within the group.

Included in creditors, amounts falling due within one year is an interest free amount of £28,047 (2024: £26,041) due to The Life Goddess Kingly Court Limited, a company related by the mutual director N Nyfoudis.

Included in creditors, amounts falling due within one year is an interest free amount of £61,696 (2024: £61,696) due to N Nyfoudis, the director of the company.

8.	CONTROLLING PARTY

The controlling party is N Nyfoudis.