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REGISTERED NUMBER: 09509300 (England and Wales)

| RED LETTINGS (NOTTINGHAM) LIMITED |

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 MARCH 2025 |

RED LETTINGS (NOTTINGHAM) LIMITED (REGISTERED NUMBER: 09509300) |

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 |

| RED LETTINGS (NOTTINGHAM) LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2025

| DIRECTOR: | Mr G J Ward

| REGISTERED OFFICE: | 7 St John Street

| Mansfield

| Nottinghamshire

| NG18 1QH

| REGISTERED NUMBER: | 09509300 (England and Wales)

| ACCOUNTANTS: | ApC

| Chartered Accountants

| 7 St John Street

| Mansfield

| Nottinghamshire

| NG18 1QH

RED LETTINGS (NOTTINGHAM) LIMITED (REGISTERED NUMBER: 09509300) |

BALANCE SHEET

31 MARCH 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 5 | - |  | 1,500 |  |

Tangible assets | 6 | 151,340 |  | 153,938 |  |

151,340 |  | 155,438 |  |

CURRENT ASSETS

Debtors | 7 | 2,980 |  | 2,559 |  |

Cash at bank | 13,107 |  | 5,876 |  |

16,087 |  | 8,435 |  |

CREDITORS

Amounts falling due within one year | 8 | 59,905 |  | 51,369 |  |

NET CURRENT LIABILITIES | (43,818 | ) | (42,934 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 107,522 |  | 112,504 |  |

CREDITORS

Amounts falling due after more than one year | 9 | (39,086 | ) | (43,221 | ) |

PROVISIONS FOR LIABILITIES | (20,873 | ) | (19,629 | ) |

NET ASSETS | 47,563 |  | 49,654 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Revaluation reserve | 10 | 47,215 |  | 49,507 |  |

Retained earnings | 248 |  | 47 |  |

SHAREHOLDERS' FUNDS | 47,563 |  | 49,654 |  |

RED LETTINGS (NOTTINGHAM) LIMITED (REGISTERED NUMBER: 09509300) |

BALANCE SHEET - continued

31 MARCH 2025

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 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 October 2025 and were signed by:

Mr G J Ward - Director

RED LETTINGS (NOTTINGHAM) LIMITED (REGISTERED NUMBER: 09509300) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. | STATUTORY INFORMATION

| Red Lettings (Nottingham) 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

2. | STATEMENT OF COMPLIANCE

| 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.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

| Turnover

| Turnover represents the value of property management services provided to customers during the year. In respect of services provided, all income is taken to profit and loss at the same point as the right to receive consideration has been acquired.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2020, is being amortised evenly over its estimated useful life of five years.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| 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 | - | 15% on reducing balance

| Fixtures and fittings | - | 15% on reducing balance

| Motor vehicles | - | 12.5% on reducing balance

| Computer equipment | - | 33.33% on reducing balance

RED LETTINGS (NOTTINGHAM) LIMITED (REGISTERED NUMBER: 09509300) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

3. | ACCOUNTING POLICIES - continued

| 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.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| Financial instruments

| Financial instruments and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

| Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

| Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2024 - 2 ) .

RED LETTINGS (NOTTINGHAM) LIMITED (REGISTERED NUMBER: 09509300) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

5. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 April 2024

| and 31 March 2025 | 7,500 |  |

| AMORTISATION

| At 1 April 2024 | 6,000 |  |

| Amortisation for year | 1,500 |  |

| At 31 March 2025 | 7,500 |  |

| NET BOOK VALUE

| At 31 March 2025 | - |  |

| At 31 March 2024 | 1,500 |  |

6. | TANGIBLE FIXED ASSETS

| Fixtures

| Freehold |  | Plant and |  | and

| property |  | machinery |  | fittings

£ | £ | £ |

| COST OR VALUATION

| At 1 April 2024 | 111,750 |  | 795 |  | 1,087 |  |

| Additions | - |  | - |  | - |  |

| At 31 March 2025 | 111,750 |  | 795 |  | 1,087 |  |

| DEPRECIATION

| At 1 April 2024 | - |  | 613 |  | 802 |  |

| Charge for year | - |  | 27 |  | 42 |  |

| At 31 March 2025 | - |  | 640 |  | 844 |  |

| NET BOOK VALUE

| At 31 March 2025 | 111,750 |  | 155 |  | 243 |  |

| At 31 March 2024 | 111,750 |  | 182 |  | 285 |  |

RED LETTINGS (NOTTINGHAM) LIMITED (REGISTERED NUMBER: 09509300) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

6. | TANGIBLE FIXED ASSETS - continued

| Motor |  | Computer |

| vehicles |  | equipment |  | Totals

£ | £ | £ |

| COST OR VALUATION

| At 1 April 2024 | 108,917 |  | 3,974 |  | 226,523 |  |

| Additions | 3,104 |  | - |  | 3,104 |  |

| At 31 March 2025 | 112,021 |  | 3,974 |  | 229,627 |  |

| DEPRECIATION

| At 1 April 2024 | 67,345 |  | 3,825 |  | 72,585 |  |

| Charge for year | 5,584 |  | 49 |  | 5,702 |  |

| At 31 March 2025 | 72,929 |  | 3,874 |  | 78,287 |  |

| NET BOOK VALUE

| At 31 March 2025 | 39,092 |  | 100 |  | 151,340 |  |

| At 31 March 2024 | 41,572 |  | 149 |  | 153,938 |  |

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

| Fixtures

| Freehold |  | Plant and |  | and

| property |  | machinery |  | fittings

£ | £ | £ |

| Valuation in 2019 | 61,120 |  | - |  | - |  |

| Cost | 50,630 |  | 795 |  | 1,087 |  |

111,750 |  | 795 |  | 1,087 |  |

| Motor |  | Computer |

| vehicles |  | equipment |  | Totals

£ | £ | £ |

| Valuation in 2019 | - |  | - |  | 61,120 |  |

| Cost | 112,021 |  | 3,974 |  | 168,507 |  |

112,021 |  | 3,974 |  | 229,627 |  |

RED LETTINGS (NOTTINGHAM) LIMITED (REGISTERED NUMBER: 09509300) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

6. | TANGIBLE FIXED ASSETS - continued

| If Freehold land and buildings had not been revalued they would have been included at the following historical cost:

2025 | 2024 |

£ | £ |

| Cost | 50,630 |  | 50,630 |  |

| Aggregate depreciation | 4,000 |  | 4,000 |  |

| Value of land in freehold land and buildings | 46,630 |  | 46,630 |  |

| Freehold land and buildings were valued on an open market basis on 31 March 2019 by Red Lettings (Nottingham) Limited .

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

2025 | 2024 |

£ | £ |

| Other debtors | 2,412 |  | 1,991 |  |

| Prepayments and accrued income | 568 |  | 568 |  |

2,980 |  | 2,559 |  |

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

2025 | 2024 |

£ | £ |

| Loan | 6,125 |  | 9,787 |  |

| Trade creditors | 1,381 |  | 2,116 |  |

| Corporation tax | 7,019 |  | 4,552 |  |

| Directors' current accounts | 43,225 |  | 32,619 |  |

| Accruals and deferred income | 2,155 |  | 2,295 |  |

59,905 |  | 51,369 |  |

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

2025 | 2024 |

£ | £ |

| Other loans - 2-5 years | 39,086 |  | 43,221 |  |

RED LETTINGS (NOTTINGHAM) LIMITED (REGISTERED NUMBER: 09509300) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

10. | RESERVES

| Revaluation

| reserve

£ |

| At 1 April 2024 | 49,507 |  |

| Deferred tax movement | (2,292 | ) |

| At 31 March 2025 | 47,215 |  |