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REGISTERED NUMBER: 12715381 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 JULY 2024 |

| FOR |

| LIVERPOOL ESTATES LTD |

| LIVERPOOL ESTATES LTD (REGISTERED NUMBER: 12715381) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| LIVERPOOL ESTATES LTD |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 JULY 2024

| DIRECTOR: | M C Berger

| REGISTERED OFFICE: | Harben House

| Harben Parade

| Finchley Road

| London

| NW3 6LH

| REGISTERED NUMBER: | 12715381 (England and Wales)

| LIVERPOOL ESTATES LTD (REGISTERED NUMBER: 12715381) |

BALANCE SHEET

31 JULY 2024

| 2024 | 2023 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 12,361 |  | 5,093,041 |  |

Investment property | 5 | 6,797,357 |  | - |  |

6,809,718 |  | 5,093,041 |  |

CURRENT ASSETS

Debtors | 6 | 266,732 |  | 156,836 |  |

Cash and cash equivalents | 7,525 |  | 100 |  |

274,257 |  | 156,936 |  |

CREDITORS

Amounts falling due within one year | 7 | 3,980,516 |  | 5,226,505 |  |

NET CURRENT LIABILITIES | (3,706,259 | ) | (5,069,569 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 3,103,459 |  | 23,472 |  |

CREDITORS

Amounts falling due after more than one year | 8 | 3,254,339 |  | - |  |

NET (LIABILITIES)/ASSETS | (150,880 | ) | 23,472 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | (150,980 | ) | 23,372 |  |

(150,880 | ) | 23,472 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 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.

| LIVERPOOL ESTATES LTD (REGISTERED NUMBER: 12715381) |

BALANCE SHEET - continued

31 JULY 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 September 2025 and were signed by:

M C Berger - Director

| LIVERPOOL ESTATES LTD (REGISTERED NUMBER: 12715381) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

1. | STATUTORY INFORMATION

| Liverpool Estates Ltd 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.

| 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.

| Freehold property | - | not depreciated

| Fixtures and fittings | - | 25% on cost

| Motor vehicles | - | 33% on reducing balance

| Computer equipment | - | 25% on cost

| Property that is held for long-term rental yields or for capital appreciation or both, and that is not occupied by the company, is classified as investment property. Investment property is measured initially at its cost, including related transaction costs. After initial recognition, investment property is carried at fair value. Fair value is based on active market prices, adjusted, if necessary, for any difference in the nature, location or condition of the specified asset. If this information is not available, the company uses alternative valuation methods such as recent prices on less active markets or discounted cash flow projections.

| Subsequent expenditure is included in the carrying amount of the property when it is probable that future economic benefit associated with the item will flow to the company and the cost of the item can be measured reliably. All other repairs and maintenance costs are charged to the profit and loss account during the financial period in which they are incurred.

| In accordance with Financial Reporting Standard 102 (FRS 102), investment properties are revalued and the surplus or deficit is transferred to the profit and loss account, and no depreciation is provided in respect of freehold investment properties. The requirement of the Companies Act 2006 is to depreciate all properties, but that requirement conflicts with the generally accepted accounting principle set out in FRS 102. The director considers that to depreciate such properties would not give a true and fair view, but that a true and fair view is given by following FRS 102 as described above. The effect of this departure from the Companies Act 2006 has not been quantified because it is impracticable and, in the opinion of the director, would be misleading. Deferred tax is provided on these gains at the rate expected to apply when the property is sold.

| Where possible the company obtains external valuations. Accordingly, the balance of properties, after review by the director, are valued by the company director as at 31 July 2024.

| 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.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

| LIVERPOOL ESTATES LTD (REGISTERED NUMBER: 12715381) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JULY 2024

2. | ACCOUNTING POLICIES - continued

| 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 NIL (2023 - NIL).

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| Freehold |  | and |  | Motor |  | Computer |

| property |  | fittings |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 August 2023 | 5,073,411 |  | 21,987 |  | 15,990 |  | 740 |  | 5,112,128 |  |

| Reclassification/transfer | (5,073,411 | ) | - |  | - |  | - |  | (5,073,411 | ) |

| At 31 July 2024 | - |  | 21,987 |  | 15,990 |  | 740 |  | 38,717 |  |

| DEPRECIATION

| At 1 August 2023 | - |  | 7,352 |  | 11,180 |  | 555 |  | 19,087 |  |

| Charge for year | - |  | 5,497 |  | 1,587 |  | 185 |  | 7,269 |  |

| At 31 July 2024 | - |  | 12,849 |  | 12,767 |  | 740 |  | 26,356 |  |

| NET BOOK VALUE

| At 31 July 2024 | - |  | 9,138 |  | 3,223 |  | - |  | 12,361 |  |

| At 31 July 2023 | 5,073,411 |  | 14,635 |  | 4,810 |  | 185 |  | 5,093,041 |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| Additions | 1,723,946 |  |

| Reclassification/transfer | 5,073,411 |  |

| At 31 July 2024 | 6,797,357 |  |

| NET BOOK VALUE

| At 31 July 2024 | 6,797,357 |  |

| LIVERPOOL ESTATES LTD (REGISTERED NUMBER: 12715381) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JULY 2024

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

2024 | 2023 |

£ | £ |

| Trade debtors | 16,407 |  | - |  |

| Amounts owed by participating interests | 195,325 |  | 101,836 |  |

| Other debtors | 55,000 |  | 55,000 |  |

266,732 |  | 156,836 |  |

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

2024 | 2023 |

£ | £ |

| Tax | - |  | 4,806 |  |

| Other creditors | 3,974,516 |  | 5,212,099 |  |

| Accrued expenses | 6,000 |  | 9,600 |  |

3,980,516 |  | 5,226,505 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2024 | 2023 |

£ | £ |

| Bank loans - 1-2 years | 3,254,339 |  | - |  |

9. | SECURED DEBTS

| The following secured debts are included within creditors:

2024 | 2023 |

£ | £ |

| Bank loans | 3,254,339 |  | - |  |

| All loans are secured against one or more properties that is owned by the company.