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REGISTERED NUMBER: 02950408 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

LIZ QUILTER LIMITED

| LIZ QUILTER LIMITED (REGISTERED NUMBER: 02950408) |

Contents of the Financial Statements

for the year ended 31 December 2024

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| LIZ QUILTER LIMITED |

Company Information

for the year ended 31 December 2024

| Directors: | M J Quilter

| M Bromwich

| Registered office: | 12 Printworks Road

| Frome

| Somerset

| BA11 1GN

| Registered number: | 02950408 (England and Wales)

| Accountants: | Cooper Parry Advisory Limited

| New Derwent House

| 69-73 Theobalds Road

| London

| WC1X 8TA

| LIZ QUILTER LIMITED (REGISTERED NUMBER: 02950408) |

Balance Sheet

31 December 2024

2024 | 2023 |

| Notes | £ | £ | £ | £

Fixed assets

Tangible assets | 4 | 2,208 |  | 2,760 |  |

Investments | 5 | 166,646 |  | - |  |

Investment property | 6 | 342,218 |  | 332,251 |  |

511,072 |  | 335,011 |  |

Current assets

Debtors | 7 | 242 |  | 148 |  |

Cash at bank | 228,863 |  | 398,109 |  |

229,105 |  | 398,257 |  |

Creditors

Amounts falling due within one year | 8 | 24,197 |  | 33,924 |  |

Net current assets | 204,908 |  | 364,333 |  |

Total assets less current liabilities | 715,980 |  | 699,344 |  |

Provisions for liabilities | 1,894 |  | - |  |

Net assets | 714,086 |  | 699,344 |  |

Capital and reserves

Called up share capital | 9 | 125,002 |  | 125,002 |  |

Fair value reserve | 8,073 |  | - |  |

Retained earnings | 581,011 |  | 574,342 |  |

Shareholders' funds | 714,086 |  | 699,344 |  |

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

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

| LIZ QUILTER LIMITED (REGISTERED NUMBER: 02950408) |

Balance Sheet - continued

31 December 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 September 2025 and were signed on its behalf by:

M J Quilter - Director

| LIZ QUILTER LIMITED (REGISTERED NUMBER: 02950408) |

Notes to the Financial Statements

for the year ended 31 December 2024

1. | Statutory information

| Liz Quilter 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 financial statements are presented in Sterling, which is the functional currency of the company, rounded to the nearest £1.

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 as modified by the revaluation of certain assets.

| Turnover

| Turnover represents the revenue earned from the letting of property.

| Such revenue is recognised as earned when, and to the extent that, the company obtains the right to consideration in exchange for lettings. It is measured at the fair value of the right to consideration, which represents amounts chargeable to tenants, including expenses and disbursements but excluding value added tax.

| Tangible fixed assets

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

| Plant and machinery etc | - | 20% on reducing balance

| 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 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.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Going concern

| The director has made an assessment of the company's ability to continue as a going concern and has identified no material uncertainties that may cast a significant doubt on the ability of the company to continue as a going concern in the foreseeable future. The company has let the freehold property, which it owns, for a term of ten years from October 2011.

3. | Employees and directors

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

| LIZ QUILTER LIMITED (REGISTERED NUMBER: 02950408) |

Notes to the Financial Statements - continued

for the year ended 31 December 2024

4. | Tangible fixed assets

Plant and |

machinery |

etc |

| £

| Cost

| At 1 January 2024

| and 31 December 2024 | 3,450 |  |

| Depreciation

| At 1 January 2024 | 690 |  |

| Charge for year | 552 |  |

| At 31 December 2024 | 1,242 |  |

| Net book value

| At 31 December 2024 | 2,208 |  |

| At 31 December 2023 | 2,760 |  |

5. | Fixed asset investments

Other |

investments |

| £

| Cost or valuation

| Additions | 162,818 |  |

| Revaluations | 3,828 |  |

| At 31 December 2024 | 166,646 |  |

| Net book value

| At 31 December 2024 | 166,646 |  |

| Cost or valuation at 31 December 2024 is represented by:

Other |

investments |

| £

| Valuation in 2024 | 3,828 |  |

| Cost | 162,818 |  |

166,646 |  |

| LIZ QUILTER LIMITED (REGISTERED NUMBER: 02950408) |

Notes to the Financial Statements - continued

for the year ended 31 December 2024

6. | Investment property

Total |

| £

| Fair value

| At 1 January 2024 | 332,251 |  |

| Revaluations | 9,967 |  |

| At 31 December 2024 | 342,218 |  |

| Net book value

| At 31 December 2024 | 342,218 |  |

| At 31 December 2023 | 332,251 |  |

| Fair value at 31 December 2024 is represented by:

| £

| Valuation in 2024 | 342,218 |  |

| If Investment property had not been revalued it would have been included at the following historical cost:

2024 | 2023 |

| £ | £

| Cost | 332,251 |  | - |  |

| The investment property was valued on an open market basis on 31 December 2024 by the directors .

7. | Debtors: amounts falling due within one year |

2024 | 2023 |

| £ | £

| Other debtors | 242 |  | 148 |  |

8. | Creditors: amounts falling due within one year |

2024 | 2023 |

| £ | £

| Other creditors | 24,197 |  | 33,924 |  |

9. | Called up share capital

| Allotted, issued and fully paid:

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

value: |  | £ | £

| 125,002 | Ordinary | £1 | 125,002 |  | 125,002 |  |

10. | Ultimate controlling party

| The controlling party is M J Quilter.