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REGISTERED NUMBER: 00237141 (England and Wales)

| FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 MARCH 2025 |

| FOR |

| HIGH CROSS ESTATES LIMITED |

HIGH CROSS ESTATES LIMITED (REGISTERED NUMBER: 00237141) |

CONTENTS OF THE FINANCIAL STATEMENTS

for the Year Ended 31 MARCH 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| HIGH CROSS ESTATES LIMITED |

COMPANY INFORMATION

for the Year Ended 31 MARCH 2025

| DIRECTORS: | P Bishop

| J Bishop

| T B Warren

| SECRETARY: | P Bishop

| REGISTERED OFFICE: | Five Ways

| 57-59 Hatfield Road

| Potters Bar

| Hertfordshire

| EN6 1HS

| REGISTERED NUMBER: | 00237141 (England and Wales)

| ACCOUNTANTS: | SRG Newmans Limited

| Five Ways

| 57-59 Hatfield Road

| Potters Bar

| Hertfordshire

| EN6 1HS

HIGH CROSS ESTATES LIMITED (REGISTERED NUMBER: 00237141) |

BALANCE SHEET

31 MARCH 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 1,827 |  | 757 |  |

CURRENT ASSETS

Stocks | 5 | 4,836,622 |  | 4,302,136 |  |

Debtors | 6 | 1,305,407 |  | 1,354,590 |  |

Cash at bank | 174,891 |  | 746,827 |  |

6,316,920 |  | 6,403,553 |  |

CREDITORS

Amounts falling due within one year | 7 | 530,567 |  | 657,484 |  |

NET CURRENT ASSETS | 5,786,353 |  | 5,746,069 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 5,788,180 |  | 5,746,826 |  |

CAPITAL AND RESERVES

Called up share capital | 1,000 |  | 1,000 |  |

Retained earnings | 5,787,180 |  | 5,745,826 |  |

SHAREHOLDERS' FUNDS | 5,788,180 |  | 5,746,826 |  |

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

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

HIGH CROSS ESTATES LIMITED (REGISTERED NUMBER: 00237141) |

BALANCE SHEET - continued

31 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 18 August 2025 and were signed on its behalf by:

P Bishop - Director

HIGH CROSS ESTATES LIMITED (REGISTERED NUMBER: 00237141) |

NOTES TO THE FINANCIAL STATEMENTS

for the Year Ended 31 MARCH 2025

1. | STATUTORY INFORMATION

| High Cross Estates 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 gross rents received and profits on properties sold.

| Tangible fixed assets

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

| Fixtures and fittings | - | 25% on cost

| Computer equipment | - | 33% on cost

| Stocks

| Stock of properties is at valuation in 1945 with subsequent additions at cost.

| 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.

| Financial instruments

| Basic financial instruments are recognised at amortised cost, except for investments in nonconvertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in the income statement. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in the income statement.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2024 - 1 ) .

HIGH CROSS ESTATES LIMITED (REGISTERED NUMBER: 00237141) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 MARCH 2025

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| and |  | Computer |

| fittings |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 April 2024 | 12,887 |  | 14,334 |  | 27,221 |  |

| Additions | - |  | 2,728 |  | 2,728 |  |

| At 31 March 2025 | 12,887 |  | 17,062 |  | 29,949 |  |

| DEPRECIATION

| At 1 April 2024 | 12,152 |  | 14,312 |  | 26,464 |  |

| Charge for year | 735 |  | 923 |  | 1,658 |  |

| At 31 March 2025 | 12,887 |  | 15,235 |  | 28,122 |  |

| NET BOOK VALUE

| At 31 March 2025 | - |  | 1,827 |  | 1,827 |  |

| At 31 March 2024 | 735 |  | 22 |  | 757 |  |

5. | STOCKS

| Stock represents properties totalling £4,836,622 (2024: £4,302,136). The properties are as valued in 1945 with subsequent additions at cost.

6. | DEBTORS

2025 | 2024 |

£ | £ |

| Amounts falling due within one year:

| Other debtors | 200,518 |  | 232,223 |  |

| Rent | 4,232 |  | 2,563 |  |

| Prepayments | 8,431 |  | 788 |  |

213,181 |  | 235,574 |  |

| Amounts falling due after more than one year:

| Other Loan <1yr | 28,450 |  | 28,261 |  |

| Other Loan >1yr | 1,063,776 |  | 1,090,755 |  |

1,092,226 |  | 1,119,016 |  |

| Aggregate amounts | 1,305,407 |  | 1,354,590 |  |

HIGH CROSS ESTATES LIMITED (REGISTERED NUMBER: 00237141) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 MARCH 2025

6. | DEBTORS - continued

| During the year to 31st March 2022 a loan of £311,375 was made to Mr and Mrs Gammage, a relative of Mr and Mrs Bishop. Interest is charged at 2% per annum and is repayable on demand. As at 31st March 2025 the loan due to the company is £268,537 (2024: 277,874).

| During the year to 31st March 2023 a loan of £858,250 was made to Mr James and Mrs Natasha Bishop, a relative of Mr John and Mrs Priscilla Bishop. Interest is charged at 2% per annum and is repayable on demand. As at 31st March 2025 the loan due to the company is £823,689 (2024: 841,142).

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

2025 | 2024 |

£ | £ |

| Other loans | 475,000 |  | 550,000 |  |

| Trade creditors | 2,759 |  | 15,315 |  |

| Tax | 35,683 |  | 81,311 |  |

| Social security and other taxes | 267 |  | 267 |  |

| Directors' current accounts | - |  | 567 |  |

| Accrued expenses | 16,858 |  | 10,024 |  |

530,567 |  | 657,484 |  |

8. | RELATED PARTY DISCLOSURES

| As at the balance sheet date, the company owed the director Mrs P Bishop £nil (2024: £567).

9. | CONTROLLING PARTY

| Throughout the current and previous year P Bishop has controlled the company by virtue of holding the majority of the issued share capital.