REGISTERED NUMBER: 00375130 (England and Wales)

MAHDLO INVESTMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5TH APRIL 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

6

DIRECTORS:

Mrs JR Hobman

Mr W Hobman

SECRETARY:

Mrs JR Hobman

REGISTERED OFFICE:

3365 The Pentagon, Century Way

Thorpe Park

Leeds

West Yorkshire

LS158ZB

REGISTERED NUMBER:

00375130 (England and Wales)

ACCOUNTANTS:

Thomas Coombs Limited

Chartered Accountants

3365 The Pentagon

Century Way

Thorpe Park

Leeds

West Yorkshire

LS15 8ZB

FIXED ASSETS

Tangible assets

4

2,764

808

Investments

5

20

249,852

Investment property

6

2,806,000

2,265,000

2,808,784

2,515,660

CURRENT ASSETS

Debtors

7

318,325

391,076

Cash at bank and in hand

233,645

435,721

551,970

826,797

CREDITORS

Amounts falling due within one year

8

59,559

307,221

NET CURRENT ASSETS

492,411

519,576

TOTAL ASSETS LESS CURRENT LIABILITIES

3,301,195

3,035,236

PROVISIONS FOR LIABILITIES

9

170,202

202

NET ASSETS

3,130,993

3,035,034

CAPITAL AND RESERVES

Called up share capital

16,008

16,008

Retained earnings

10

3,114,985

3,019,026

3,130,993

3,035,034

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5th April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 5th April 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3rd November 2025 and were signed on its behalf by:

Mrs JR Hobman - Director

1.	STATUTORY INFORMATION

Mahdlo Investments 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 are presented in sterling which is the functional currency of the company and rounded to the nearest £.

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

At the time of signing these accounts, having considered the economic climate, the directors expectations and intentions for the next 12 months, and the availability of working capital, the directors are of the opinion that the company will remain viable for the foreseeable future and accordingly these financial statements have been prepared on the going concern basis.

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

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Plant and Machinery

- 10% at cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

The company only enters into transactions in 'basic' financial instruments which result in the recognition of assets and liabilities; these include trade and other debtors and creditors, bank balances, loans from banks and other third parties, and loans to related parties. These are recognised in the company's balance sheet when it becomes party to the contractual provisions of the instrument.

Basic financial assets (other than those classified as payable within one year) are initially measured at cost and are subsequently carried at cost or amortised cost using the effective interest method, less any impairment losses. Basic financial assets classed as receivable within one year are not amortised.

Basic financial liabilities (other than those classified as payable within one year) are initially measured at present value of future cash flows and subsequently at amortised cost using the effective interest method. Basic financial liabilities classed as payable within one year are not amortised.

Financial assets and liabilities are offset, with the net amount reported in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 6th April 2024

14,127

Additions

2,219

At 5th April 2025

16,346

DEPRECIATION

At 6th April 2024

13,319

Charge for year

263

At 5th April 2025

13,582

NET BOOK VALUE

At 5th April 2025

2,764

At 5th April 2024

808

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 6th April 2024

249,852

Impairments

(249,832

)

At 5th April 2025

20

NET BOOK VALUE

At 5th April 2025

20

At 5th April 2024

249,852

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 6th April 2024

2,265,000

Additions

541,000

At 5th April 2025

2,806,000

NET BOOK VALUE

At 5th April 2025

2,806,000

At 5th April 2024

2,265,000

The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

Fair value at 5th April 2025 is represented by:

£

Valuation in 2025

1,686,265

Cost

1,119,735

2,806,000

If investment properties had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

1,119,735

578,735

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

26,321

23,736

Amounts owed by participating interests

280,497

32,093

Other debtors

11,507

335,247

318,325

391,076

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to participating interests

20

248,342

Taxation and social security

18,690

22,416

Other creditors

40,849

36,463

59,559

307,221

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

170,202

202

Deferred

tax

£

Balance at 6th April 2024

202

Provided during year

170,000

Balance at 5th April 2025

170,202

Deferred tax arises in respect of revaluation gains, net of indexation, on investment property.

10.

RESERVES

Included within retained earnings at 5th April 2025 is a non-distributable amount in the sum of £1,516,063 (2024: £1,264,699) in relation to the gains net of taxation of the companies properties.

11.	RELATED PARTY DISCLOSURES

At 5 April 2025 the company owed £20 (2024 - £248,342) to Soro UK Limited, a subsidiary undertaking.

At 5 April 2025 the company was owed £280,497 (2024 - £32,093) by Hobco Limited, a company under common control. No interest is charged on the loan and there is no fixed date for repayment.