ACCOUNTS - Final Accounts preparation

CW NQ D3 PROPERTY LIMITED

Registered number: 15765428

UNAUDITED

DIRECTORS' REPORT AND FINANCIAL STATEMENTS

FOR THE PERIOD FROM 6 JUNE 2024 TO 31 DECEMBER 2024

CW NQ D3 PROPERTY LIMITED

CONTENTS

	Page
Directors' Report	1
Statement of Financial Position	2
Statement of Changes in Equity	3
Notes to the Financial Statements	4 - 5

CW NQ D3 PROPERTY LIMITED

DIRECTORS' REPORT

FOR THE PERIOD FROM 6 JUNE 2024 TO 31 DECEMBER 2024

The directors present their report and the financial statements for the period ended 31 December 2024.

In preparing this report, the directors have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.

Principal activity

The company was incorporated on 6 June 2024 and has not yet begun trading. The company is intended to act as a development company to a life sciences building on the area of land known as North Quay, Canary Wharf, London.

Director

The director who served during the period were:

I J Benham (appointed 6 June 2024)

S Z Khan (appointed 6 June 2024)

K J Kingston (appointed 6 June 2024)

R J Worthington (appointed 6 June 2024)

Qualifying third party indemnity provisions

The Company has in place a qualifying third-party indemnity provision for all directors (to the extent permitted by law) in respect of liabilities incurred as a result of their office. The Company also has in place liability insurance covering the directors and officers of the company and any associated companies. Both the indemnity and insurance were in force during the period ended 31 December 2024 and at the time of the approval of this Directors' Report. Neither the indemnity nor the insurance provide cover in the event that the director is proven to have acted dishonestly or fraudulently.

This report was approved by the board on 14 August 2025 and signed on its behalf.

I J Benham

Director

Page 1

CW NQ D3 PROPERTY LIMITED

REGISTERED NUMBER: 15765428

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2024

	2024
Note	£


CURRENT ASSETS
Debtors: amounts falling due within one year	4	1
CURRENT LIABILITIES		1
TOTAL ASSETS LESS CURRENT LIABILITIES		1

NET ASSETS		1

CAPITAL AND RESERVES
Called up share capital	5	1
		1

No statement of comprehensive income is presented with these financial statements because the company has not recognised any income, expenditure or any other items of comprehensive income in respect of the year.
For the period ended 31 December 2024 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

The members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 14 August 2025.

I J Benham

Director

The notes on pages 4 to 5 form part of these financial statements.

Page 2

CW NQ D3 PROPERTY LIMITED

STATEMENT OF CHANGES IN EQUITY

FOR THE PERIOD FROM 6 JUNE 2024 TO31 DECEMBER 2024

	Called up share capital	Total equity
	£	£

On incorporation at 6 June 2024	-	-

Shares issued during the period	1	1
At 31 December 2024	1	1

The notes on pages 4 to 5 form part of these financial statements.

Page 3

CW NQ D3 PROPERTY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD FROM 6 JUNE 2024 TO 31 DECEMBER 2024

1.	GENERAL INFORMATION

CW NQ D3 Property Limited is a private company limited by shares incorporated in the UK under the Companies Act 2006 and registered in England and Wales at One Canada Square, Canary Wharf, London, E14 5AB.

2.ACCOUNTING POLICIES

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The functional currency of the company is considered to be pounds sterling because that is the currency of the primary economic environment in which they operate.
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

2.2

Cash flow statement

The company had no cash flows during the year and has accordingly not produced a Cash Flow Statement.

EMPLOYEES

The Company had no employees during the year. No remuneration was paid by the Company to the Directors for their services to the Company and no costs were allocated or recharged to the Company.

4.	DEBTORS: amounts falling due within one year

					2024
					£


	Amounts owed by group undertakings	1
		1

Amounts owed by group undertakings are interest free repayable on demand.

5.	SHARE CAPITAL
		2024
		£

		Allotted, called up and fully paid

		1 Ordinary share of £1.00	1

The company was incorporated on 6 June 2024 with 1 Ordinary £1 share issued at par.

Page 4

CW NQ D3 PROPERTY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD FROM 6 JUNE 2024 TO 31 DECEMBER 2024

6.	CONTROLLING PARTY

The company's immediate parent undertaking is CW NQ Holdings Limited.
At 31 December 2024,the smallest group of which the company is a member for which group financial statements are drawn up is the consolidated financial statements of Stork Holdings Limited, an entity registered in Jersey.
The largest group of which the company is a member for which group financial statements are drawn up is the consolidated financial statements of Stork HoldCo LP, an entity registered in Bermuda and the ultimate parent undertaking and controlling party. Stork HoldCo LP is registered at 73 Front Street, 5th Floor, Hamilton HM12, Bermuda.
Stork HoldCo LP is controlled as to 50% by Brookfield Property Partners LP and as to 50% by Qatar Investment Authority.
The directors have taken advantage of the exemption in paragraph 33.1A of FRS 102 allowing the company not to disclose related party transactions with respect to other wholly-owned group companies.

Page 5