REGISTERED NUMBER: 14504693 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 November 2025

for

ATTOLLO HOMES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Director:

Y E Omenai

Registered office:

3rd Floor

86-90 Paul Street

London

EC2A 4NE

Registered number:

14504693 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

Broadwalk House, 5th Floor

5 Appold Street

Broadgate

London

EC2A 2AG

Current assets

Stocks

4

2,336,599

1,761,564

Debtors

5

35,884

40,203

Cash at bank

10,050

7,644

2,382,533

1,809,411

Creditors

Amounts falling due within one year

6

(2,120,467

)

(1,829,952

)

Net current assets/(liabilities)

262,066

(20,541

)

Total assets less current liabilities

262,066

(20,541

)

Creditors

Amounts falling due after more than one year

7

(311,864

)

-

Net liabilities

(49,798

)

(20,541

)

Capital and reserves

Called up share capital

9

1

1

Retained earnings

(49,799

)

(20,542

)

Shareholders' funds

(49,798

)

(20,541

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 August 2026 and were signed by:

Y E Omenai - Director

1.	Statutory information

Attollo Homes Limited ("the company") is a private company, limited by shares, registered in England and Wales. The company's registered office address is 3rd Floor, 86-90 Paul Street, London, EC2A 4NE.

The financial statements are prepared in Sterling (£), which is the presentational currency of the company. The financial statements are for the year ended 30 November 2025 (2024: for the year ended 30 November 2024).

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.

Going concern

At the balance sheet date, the company had net liabilities of £49,798 and a deficit on shareholder's funds of the same amount. The director has reviewed the position and is comfortable the company will be able to continue to operate within 12 months from the date of signing these financial statements, due to the support available by its parent company.

On that basis, the director has prepared these financial statements on a going concern basis.

Stocks

Stocks relate to properties under development and are valued at the lower of cost and net realisable value. Work in progress comprises of all costs directly attributable to the development of property included legal and other costs.

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as other debtors and creditors, loans with related parties and other third parties.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss in recognised in the Income Statement.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an assets' carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the company would receive for the asset if it were to be sold at the balance sheet date.

Taxation

Taxation for the year comprises current 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.

3.	Employees and directors

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

4.

Stocks

2025

2024

£

£

Work-in-progress

2,336,599

1,761,564

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Other debtors

35,884

40,203

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

15,742

95,932

Amounts owed to group undertakings

1,644,520

1,644,520

Other loans

460,205

89,500

2,120,467

1,829,952

7.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Other loans

311,864

-

8.	Secured debts

The following secured debts are included within creditors:

2025

2024

£

£

Other loans

311,864

-

During the year the company entered into a loan facility, which is included within other loans falling due after more than one year. Interest is charged at market rate and secured against the assets of the company. The facility also includes a charge over the share capital of the company.

A personal guarantee has been provided by the guarantor, Yuki Omenai, in relation to this loan facility.

9.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary

£1

1

1

10.	Related party disclosures

Attollo Homes Limited is a wholly owned subsidiary of M.Cardigan Developments Limited and has taken advantage of the exemption in accordance with FRS102 s33.1A not to disclose transactions with the parent company or with other wholly owned subsidiaries.

At the balance sheet date, included within other creditors is an amount of £457,295 (2024: £87,000) due to the director of the company. The amounts are interest-free, unsecured and repayable on demand.

11.	Ultimate controlling party

The immediate controlling party is M. Cardigan Developments Limited, a company registered in England and Wales.

The ultimate controlling party is Yuki Omenai.