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REGISTERED NUMBER: 12189790 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 30 September 2024 |

| for |

| Shorts Property People Limited |

| Shorts Property People Limited (Registered number: 12189790) |

Contents of the Financial Statements

for the Year Ended 30 September 2024

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 4 |

| Shorts Property People Limited |

Company Information

for the Year Ended 30 September 2024

| DIRECTORS: | P A Iacobucci

| J A Iacobucci

| REGISTERED OFFICE: | 2 Chilton Road

| Ipswich

| Suffolk

| IP3 8PD

| REGISTERED NUMBER: | 12189790 (England and Wales)

| ACCOUNTANTS: | Knights Lowe Ltd

| Chartered Accountants

| Crane Court

| 302 London Road

| Ipswich

| Suffolk

| IP2 0AJ

| Shorts Property People Limited (Registered number: 12189790) |

Statement of Financial Position

30 September 2024

| 2024 | 2023 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 128,391 |  | 144,098 |  |

Tangible assets | 5 | 6,780 |  | 7,830 |  |

135,171 |  | 151,928 |  |

CURRENT ASSETS

Debtors | 6 | 2,000 |  | 1,844 |  |

Cash at bank | 302,433 |  | 104,312 |  |

304,433 |  | 106,156 |  |

CREDITORS

Amounts falling due within one year | 7 | 331,906 |  | 186,632 |  |

NET CURRENT LIABILITIES | (27,473 | ) | (80,476 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 107,698 |  | 71,452 |  |

CAPITAL AND RESERVES

Called up share capital | 8 | 100 |  | 100 |  |

Retained earnings | 107,598 |  | 71,352 |  |

SHAREHOLDERS' FUNDS | 107,698 |  | 71,452 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 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.

| Shorts Property People Limited (Registered number: 12189790) |

Statement of Financial Position - continued

30 September 2024

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 20 June 2025 and were signed on its behalf by:

P A Iacobucci - Director

| Shorts Property People Limited (Registered number: 12189790) |

Notes to the Financial Statements

for the Year Ended 30 September 2024

1. | STATUTORY INFORMATION

| Shorts Property People 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

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.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of ten years.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Improvements to property | - | 10% straight line

| Fixtures and fittings | - | 25% on reducing balance

| Financial instruments

| The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable and loans with related parties.

| Debt instruments that are payable or receivable within one year, such as trade payables or receivables, are measured at the undiscounted amount of the cash or other consideration expected to be paid or received. Debt instruments that are repayable or receivable after one year are initially measured at the present value of the future cash flows and subsequently at amortised cost using the effective interest method.

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

| 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.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 4 (2023 - 4 ) .

| Shorts Property People Limited (Registered number: 12189790) |

Notes to the Financial Statements - continued

for the Year Ended 30 September 2024

4. | INTANGIBLE FIXED ASSETS

| Intellectual |

| property |

| Goodwill |  | rights |  | Totals

£ | £ | £ |

| COST

| At 1 October 2023

| and 30 September 2024 | 157,071 |  | 2,734 |  | 159,805 |  |

| AMORTISATION

| At 1 October 2023 | 15,707 |  | - |  | 15,707 |  |

| Amortisation for year | 15,707 |  | - |  | 15,707 |  |

| At 30 September 2024 | 31,414 |  | - |  | 31,414 |  |

| NET BOOK VALUE

| At 30 September 2024 | 125,657 |  | 2,734 |  | 128,391 |  |

| At 30 September 2023 | 141,364 |  | 2,734 |  | 144,098 |  |

5. | TANGIBLE FIXED ASSETS

| Improvements |  | Fixtures |

| to |  | and |

| property |  | fittings |  | Totals

£ | £ | £ |

| COST

| At 1 October 2023

| and 30 September 2024 | 8,373 |  | 1,083 |  | 9,456 |  |

| DEPRECIATION

| At 1 October 2023 | 1,395 |  | 231 |  | 1,626 |  |

| Charge for year | 837 |  | 213 |  | 1,050 |  |

| At 30 September 2024 | 2,232 |  | 444 |  | 2,676 |  |

| NET BOOK VALUE

| At 30 September 2024 | 6,141 |  | 639 |  | 6,780 |  |

| At 30 September 2023 | 6,978 |  | 852 |  | 7,830 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Other debtors | 2,000 |  | 1,844 |  |

| Shorts Property People Limited (Registered number: 12189790) |

Notes to the Financial Statements - continued

for the Year Ended 30 September 2024

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Amounts owed to group undertakings | 13,608 |  | 14,376 |  |

| Taxation and social security | 28,556 |  | 26,657 |  |

| Other creditors | 289,742 |  | 145,599 |  |

331,906 |  | 186,632 |  |

8. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2024 | 2023 |

| value: | £ | £ |

| 100 | Ordinary | £1 | 100 |  | 100 |  |