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REGISTERED NUMBER: 07182897 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Stanwood Enterprises Limited

Stanwood Enterprises Limited (Registered number: 07182897)

Contents of the Financial Statements

for the Year Ended 31 December 2024

Page |

Company Information | 1 |

Chartered Accountants' Report | 2 |

Balance Sheet | 3 |

Notes to the Financial Statements | 5 |

Stanwood Enterprises Limited

Company Information

for the Year Ended 31 December 2024

| DIRECTOR: | M Chittenden

| REGISTERED OFFICE: | 33 Wood Street

| Barnet

| EN5 4BE

| REGISTERED NUMBER: | 07182897 (England and Wales)

| ACCOUNTANTS: | Cartwrights

| Chartered Accountants and Business Advisors

| Regency House

| 33 Wood Street

| Barnet

| Hertfordshire

| EN5 4BE

Chartered Accountants' Report to the Director

on the Unaudited Financial Statements of

Stanwood Enterprises Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Stanwood Enterprises Limited for the year ended 31 December 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Stanwood Enterprises Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Stanwood Enterprises Limited and state those matters that we have agreed to state to the director of Stanwood Enterprises Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Stanwood Enterprises Limited and its director for our work or for this report.

It is your duty to ensure that Stanwood Enterprises Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Stanwood Enterprises Limited. You consider that Stanwood Enterprises Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Stanwood Enterprises Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Cartwrights

Chartered Accountants and Business Advisors

Regency House

33 Wood Street

Barnet

Hertfordshire

EN5 4BE

9 September 2025

Stanwood Enterprises Limited (Registered number: 07182897)

Balance Sheet

31 December 2024

| 31/12/24 | 31/12/23 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 62 |  | 81 |  |

Investment property | 5 | 2,827,785 |  | 2,291,550 |  |

2,827,847 |  | 2,291,631 |  |

CURRENT ASSETS

Debtors | 6 | 129,711 |  | 187,503 |  |

Cash at bank | 19,674 |  | 3,092 |  |

149,385 |  | 190,595 |  |

CREDITORS

Amounts falling due within one year | 7 | 724,191 |  | 203,237 |  |

NET CURRENT LIABILITIES | (574,806 | ) | (12,642 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 2,253,041 |  | 2,278,989 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (1,006,389 | ) | (1,006,389 | ) |

PROVISIONS FOR LIABILITIES | (166,337 | ) | (151,566 | ) |

NET ASSETS | 1,080,315 |  | 1,121,034 |  |

CAPITAL AND RESERVES

Called up share capital | 200 |  | 200 |  |

Retained earnings | 1,080,115 |  | 1,120,834 |  |

1,080,315 |  | 1,121,034 |  |

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 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.

Stanwood Enterprises Limited (Registered number: 07182897)

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 director and authorised for issue on 9 September 2025 and were signed by:

M Chittenden - Director

Stanwood Enterprises Limited (Registered number: 07182897)

Notes to the Financial Statements

for the Year Ended 31 December 2024

1. | STATUTORY INFORMATION

| Stanwood Enterprises 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.

| Turnover

| Turnover represents rental income received or receivable from investments in UK properties, excluding discounts 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.

| Plant and machinery etc | - | 20% on 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.

| 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.

| 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 - 1 ).

Stanwood Enterprises Limited (Registered number: 07182897)

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 | 95 |  |

| DEPRECIATION

| At 1 January 2024 | 14 |  |

| Charge for year | 19 |  |

| At 31 December 2024 | 33 |  |

| NET BOOK VALUE

| At 31 December 2024 | 62 |  |

| At 31 December 2023 | 81 |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 January 2024 | 2,291,550 |  |

| Additions | 536,235 |  |

| At 31 December 2024 | 2,827,785 |  |

| NET BOOK VALUE

| At 31 December 2024 | 2,827,785 |  |

| At 31 December 2023 | 2,291,550 |  |

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

| 31/12/24 |  | 31/12/23

£ | £ |

| Trade debtors | 5,998 |  | 2,450 |  |

| Amounts owed by group undertakings | 65,300 |  | 105,000 |  |

| Other debtors | 58,413 |  | 80,053 |  |

129,711 |  | 187,503 |  |

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

| 31/12/24 |  | 31/12/23

£ | £ |

| Trade creditors | 22,888 |  | 17,350 |  |

| Taxation and social security | - |  | 3,049 |  |

| Other creditors | 701,303 |  | 182,838 |  |

724,191 |  | 203,237 |  |

Stanwood Enterprises Limited (Registered number: 07182897)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

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

| 31/12/24 |  | 31/12/23

£ | £ |

| Bank loans | 1,006,389 |  | 1,006,389 |  |

| The bank loan with Aldermore is secured by a fixed charge over all the investment properties.

9. | RELATED PARTY DISCLOSURES

| Included in other debtors is £30,000 (2023 - £30,000) owed by Great Northern Hotel (UK) Ltd and a balance of £11,568 (2023 - £7,630) owed by Henry James Ltd and within other creditors is £35,000 (2023 - £35,000) owed to Accounts RealTime Ltd, £29,700 (2023 - £14,500) owed to The Royal Hotel Ltd, £15,200 (2023 - £nil) owed to MRM 47 Ltd and £609,158 (2023 -£107,100) owed to Eastgate Street Limited. All above companies have a common director and shareholder.

10. | ULTIMATE CONTROLLING PARTY

| The ultimate controlling party is M Chittenden.

| The company is a wholly owned subsidiary of Stanwood Holdings Ltd.