These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

Deanhill Estates Limited is a private company limited by shares incorporated in England and Wales. The registered office is Bromfield Tite Hill, Englefield Green, Egham, Surrey, TW20 0NJ.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared on the historical cost convention. The principal accounting policies adopted are set out below.

Atruet the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover is recognised at the fair value of the consideration received for property management services provided in the normal course of business, and is shown net of VAT and other sales related taxes.

Revenue is recognised in the period in which the service was provided.

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

The average monthly number of persons (including directors) employed by the company during the year was:

Subsidiary undertakings

This represents an interest in Deanhill Estates LP, a limited partnership of which the company is the General Partner. The partnership is considered to be a subsidiary undertaking. The partnership's principal place of business is 2nd Floor, The Atrium, 31 Church Road, Ashford, Middlesex, TW15 2UD.

The partnership's profit for the year ended 31 December 2024 and its capital and reserves at the year end were £2,316,397 (2023: £459,274) and £5,121,994 (2023: £2,805,597) respectively.

In the directors' opinion the value of the investment was not significantly less than the aggregate amounts included in the company's balance sheet.

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

In our opinion the financial statements:

• give a true and fair view of the state of the company's affairs as at 31 December 2024 and of its profit for the year then ended;

• have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

• have been prepared in accordance with the requirements of the Companies Act 2006.

For both the current and preceding year, JWL Property Finance Limited (78 Ladbroke Road, London, England, W11 3NU) was the immediate and ultimate parent undertaking. The controlling party was considered to be J W Lloyd by virtue of his shareholding.