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REGISTERED NUMBER: 09681097 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 31st January 2025 |

| for |

| Strawbridge Properties Ltd |

| Strawbridge Properties Ltd (Registered number: 09681097) |

Contents of the Financial Statements

for the Year Ended 31st January 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| Strawbridge Properties Ltd |

Company Information

for the Year Ended 31st January 2025

| DIRECTOR: | M P Andrews

| REGISTERED OFFICE: | 29 High Street

| Blue Town

| SHEERNESS

| Kent

| ME12 1RN

| REGISTERED NUMBER: | 09681097 (England and Wales)

| ACCOUNTANTS: | Blain Pritchard

| Chartered Certified Accountants

| 74 College Road

| Maidstone

| Kent

| ME15 6SL

| Strawbridge Properties Ltd (Registered number: 09681097) |

Balance Sheet

31st January 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Investment property | 4 | 1,516,434 |  | 1,476,434 |  |

CREDITORS

Amounts falling due within one year | 5 | 392,352 |  | 386,464 |  |

NET CURRENT LIABILITIES | (392,352 | ) | (386,464 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,124,082 |  | 1,089,970 |  |

CREDITORS

Amounts falling due after more than one year | 6 | (765,870 | ) | (773,226 | ) |

PROVISIONS FOR LIABILITIES | (59,307 | ) | (51,707 | ) |

NET ASSETS | 298,905 |  | 265,037 |  |

CAPITAL AND RESERVES

Called up share capital | 200 |  | 200 |  |

Fair value reserve | 8 | 252,834 |  | 220,434 |  |

Retained earnings | 45,871 |  | 44,403 |  |

298,905 |  | 265,037 |  |

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

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

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 18th September 2025 and were signed by:

M P Andrews - Director

| Strawbridge Properties Ltd (Registered number: 09681097) |

Notes to the Financial Statements

for the Year Ended 31st January 2025

1. | STATUTORY INFORMATION

| Strawbridge Properties 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| 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.

| 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 (2024 - NIL).

4. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1st February 2024 | 1,476,434 |  |

| Revaluations | 40,000 |  |

| At 31st January 2025 | 1,516,434 |  |

| NET BOOK VALUE

| At 31st January 2025 | 1,516,434 |  |

| At 31st January 2024 | 1,476,434 |  |

| Strawbridge Properties Ltd (Registered number: 09681097) |

Notes to the Financial Statements - continued

for the Year Ended 31st January 2025

4. | INVESTMENT PROPERTY - continued

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

£ |

| Valuation in 2020 | 173,725 |  |

| Valuation in 2023 | 117,316 |  |

| Valuation in 2024 | (18,900 | ) |

| Valuation in 2025 | 40,000 |  |

| Cost | 1,204,293 |  |

1,516,434 |  |

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

2025 | 2024 |

£ | £ |

| Cost | 1,341,043 |  | 1,341,043 |  |

| The properties were valued on an open market basis on 31st January 2025 by the company director .

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

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 22,957 |  | 23,301 |  |

| Trade creditors | 1,823 |  | 448 |  |

| Taxation and social security | 9,607 |  | 9,758 |  |

| Other creditors | 357,965 |  | 352,957 |  |

392,352 |  | 386,464 |  |

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

2025 | 2024 |

£ | £ |

| Bank loans | 765,870 |  | 773,226 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | 735,195 |  | 744,772 |  |

| Strawbridge Properties Ltd (Registered number: 09681097) |

Notes to the Financial Statements - continued

for the Year Ended 31st January 2025

7. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Bank loans | 772,210 |  | 779,219 |  |

| Charge dated 10 February 2020 over 73-75 James Street, Sheerness, Kent in favour of Paragon Bank PLC.

| Charge dated 2 August 2021 over 37 Harps Avenue, Minster on Sea, Sheerness Kent in favour of Shawbrook Bank Ltd

| Charge dated 24 June 2022 over 32 Brecon Chase, Minster on Sea, Sheerness Kent in favour of chl Mortgages for Intermediaries Ltd

| Charge dated 29 November 2023 over 76 Rose Street, Sheerness Kent in favour of Lendinvest Security Trustees Ltd.

8. | RESERVES

| Fair

| value

| reserve

£ |

| At 1st February 2024 | 220,434 |  |

| Investment property | 40,000 |  |

| Deferred tax | (7,600 | ) |

| At 31st January 2025 | 252,834 |  |

9. | RELATED PARTY DISCLOSURES

| M. Andrews also owns another company, Strawbridge Shop Fitters Ltd. The company has provided finances to Strawbridge Properties Ltd to purchase properties. Interest has been charged on the borrowings at 3% above the Bank of England's base rate. the amount owing to Strawbridge Shop Fitters Ltd Ltd at the year end is £240,635 and is shown in other creditors, interest charged during the period amounted to £18,159.