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REGISTERED NUMBER: 02847224 (England and Wales)

Financial Statements for the Year Ended 31st March 2025

for

SJP Group Ltd

| SJP Group Ltd (Registered number: 02847224) |

Contents of the Financial Statements

for the year ended 31st March 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| SJP Group Ltd |

Company Information

for the year ended 31st March 2025

| DIRECTORS: | A R Pritchard

| R M Weller

| REGISTERED OFFICE: | The Lodge St James Oaks

| Trafalgar Road

| Gravesend

| Kent

| DA11 0QT

| REGISTERED NUMBER: | 02847224 (England and Wales)

| ACCOUNTANTS: | Beak Kemmenoe

| Chartered Accountants

| 1-3 Manor Road

| Chatham

| Kent

| ME4 6AE

| BANKERS: | Lloyds TSB

| 78 New Road

| Gravesend

| Kent

| DA11 0AR

| SJP Group Ltd (Registered number: 02847224) |

Balance Sheet

31st March 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 512,400 |  | 512,400 |  |

Investments | 5 | 18,300 |  | 18,300 |  |

Investment property | 6 | 449,975 |  | 449,975 |  |

980,675 |  | 980,675 |  |

CURRENT ASSETS

Debtors | 7 | 236,594 |  | 260,939 |  |

Cash at bank and in hand | 29,817 |  | 48,318 |  |

266,411 |  | 309,257 |  |

CREDITORS

Amounts falling due within one year | 8 | 120,616 |  | 201,536 |  |

NET CURRENT ASSETS | 145,795 |  | 107,721 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,126,470 |  | 1,088,396 |  |

CAPITAL AND RESERVES

Called up share capital | 200 |  | 200 |  |

Other reserves | 881,371 |  | 881,371 |  |

Retained earnings | 244,899 |  | 206,825 |  |

1,126,470 |  | 1,088,396 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 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.

| SJP Group Ltd (Registered number: 02847224) |

Balance Sheet - continued

31st March 2025

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 10th September 2025 and were signed on its behalf by:

A R Pritchard - Director

| SJP Group Ltd (Registered number: 02847224) |

Notes to the Financial Statements

for the year ended 31st March 2025

1. | STATUTORY INFORMATION

| SJP Group 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 as modified by the revaluation of certain assets.

| Turnover

| Turnover represents net invoiced commissions, excluding value added tax, plus ground rents.

| Tangible fixed assets

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

| Land and buildings | - | Nil

| Plant and machinery etc | - | 33% on cost

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at their valuation on 10 June 2008.

| 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 2 (2024 - 2 ) .

| SJP Group Ltd (Registered number: 02847224) |

Notes to the Financial Statements - continued

for the year ended 31st March 2025

4. | TANGIBLE FIXED ASSETS

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| COST OR VALUATION

| At 1st April 2024

| and 31st March 2025 | 512,400 |  | 10,197 |  | 522,597 |  |

| DEPRECIATION

| At 1st April 2024

| and 31st March 2025 | - |  | 10,197 |  | 10,197 |  |

| NET BOOK VALUE

| At 31st March 2025 | 512,400 |  | - |  | 512,400 |  |

| At 31st March 2024 | 512,400 |  | - |  | 512,400 |  |

| Cost or valuation at 31st March 2025 is represented by:

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| Valuation in 2008 | 373,500 |  | - |  | 373,500 |  |

| Valuation in 2019 | 118,500 |  | - |  | 118,500 |  |

| Valuation in 2020 | 400 |  | - |  | 400 |  |

| Cost | 20,000 |  | 10,197 |  | 30,197 |  |

512,400 |  | 10,197 |  | 522,597 |  |

| Freehold land and buildings, investment properties and other fixed asset investments were valued at £1,133,500 by Caxtons Chartered Surveyors, on 10 June 2008 on an open market, existing use basis. The directors split this valuation between the three classes of assets. Freehold land and buildings was valued at £393,500.

| Freehold land and buildings and investment properties were valued at £1,094,000 by Caxtons Chartered Surveyors, on 14 December 2018 on an open market, existing use basis.

| Freehold land and buildings and investment properties were valued at £1,150,000 by Caxtons Chartered Surveyors, on 6 February 2020 on an open market, existing use basis.

| The directors are of the opinion that these valuations represent the current value at 31 March 2023.

| SJP Group Ltd (Registered number: 02847224) |

Notes to the Financial Statements - continued

for the year ended 31st March 2025

5. | FIXED ASSET INVESTMENTS

| Shares in

| group

| undertakings

£ |

| COST OR VALUATION

| At 1st April 2024

| and 31st March 2025 | 18,300 |  |

| NET BOOK VALUE

| At 31st March 2025 | 18,300 |  |

| At 31st March 2024 | 18,300 |  |

| Cost or valuation at 31st March 2025 is represented by:

| Shares in

| group

| undertakings

£ |

| Valuation in 2008 | 18,215 |  |

| Cost | 85 |  |

18,300 |  |

| The company's investments at the Balance Sheet date in the share capital of companies include the following:

| Landbridge Limited

| Registered office: England and Wales

| Nature of business: Property management

| %

| Class of shares: | holding |

| Ordinary £1 | 85.00 |

2025 | 2024 |

£ | £ |

| Aggregate capital and reserves | 205,985 |  | 187,938 |  |

| Profit for the year | 73,047 |  | 62,504 |  |

6. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1st April 2024

| and 31st March 2025 | 449,975 |  |

| NET BOOK VALUE

| At 31st March 2025 | 449,975 |  |

| At 31st March 2024 | 449,975 |  |

| SJP Group Ltd (Registered number: 02847224) |

Notes to the Financial Statements - continued

for the year ended 31st March 2025

6. | INVESTMENT PROPERTY - continued

| Fair value at 31st March 2025 is represented by:

£ |

| Valuation in 2008 | 340,882 |  |

| Valuation in 2019 | 82,200 |  |

| Valuation in 2020 | 56,300 |  |

| Valuation in 2023 | (108,625 | ) |

| Cost | 79,218 |  |

449,975 |  |

| Investment properties consist of a valuation based on income receivable from ground rents and the company's interest in a number of leasehold properties. When a leaseholder sells a unit, he may sell his share to the company or the entire unit to a third party in which case the company would be entitled to a share of the proceeds.

| As detailed in note 6, the properties were professionally valued in February 2020.

| During the year ended 31 March 2023, a review was carried out on the valuation of the equity interests in properties and following on from this a reduction to the valuation was carried out.

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

2025 | 2024 |

£ | £ |

| Trade debtors | 700 |  | 500 |  |

| Other debtors and prepayments | 235,894 |  | 260,439 |  |

236,594 |  | 260,939 |  |

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

2025 | 2024 |

£ | £ |

| Trade creditors | 12,067 |  | 10,567 |  |

| Amounts owed to group undertakings | 96,335 |  | 146,658 |  |

| Taxation and social security | 1,455 |  | 36,021 |  |

| Other creditors and accruals | 10,759 |  | 8,290 |  |

120,616 |  | 201,536 |  |

| It is unlikely that the full amount due to group undertakings will be settled within one year of the balance sheet date.

9. | ULTIMATE CONTROLLING PARTY

| The controlling party is A R Pritchard.