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REGISTERED NUMBER: 13400503 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

TOPSFIELD PARADE PROPERTIES LTD

TOPSFIELD PARADE PROPERTIES LTD (REGISTERED NUMBER: 13400503) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| TOPSFIELD PARADE PROPERTIES LTD |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MAY 2024

| DIRECTORS: | S Plant

| Mrs L Plant

| REGISTERED OFFICE: | 53 Welbeck Street

| London

| W1G 9XR

| REGISTERED NUMBER: | 13400503 (England and Wales)

| ACCOUNTANTS: | Fortus Limited

| 3 Park Square East

| Leeds

| LS1 2NE

TOPSFIELD PARADE PROPERTIES LTD (REGISTERED NUMBER: 13400503) |

BALANCE SHEET

31 MAY 2024

| 2024 | 2023 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 3,772 |  | - |  |

Investment property | 6 | 1,483,263 |  | - |  |

1,487,035 |  | - |  |

CURRENT ASSETS

Debtors | 7 | 34,336 |  | 1 |  |

Cash at bank | 15,071 |  | - |  |

49,407 |  | 1 |  |

CREDITORS

Amounts falling due within one year | 8 | 77,037 |  | - |  |

NET CURRENT (LIABILITIES)/ASSETS | (27,630 | ) | 1 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,459,405 |  | 1 |  |

PROVISIONS FOR LIABILITIES | 84 |  | - |  |

NET ASSETS | 1,459,321 |  | 1 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 1 |  |

Share premium | 1,451,592 |  | - |  |

Retained earnings | 7,629 |  | - |  |

SHAREHOLDERS' FUNDS | 1,459,321 |  | 1 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 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.

TOPSFIELD PARADE PROPERTIES LTD (REGISTERED NUMBER: 13400503) |

BALANCE SHEET - continued

31 MAY 2024

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 8 October 2025 and were signed on its behalf by:

S Plant - Director

TOPSFIELD PARADE PROPERTIES LTD (REGISTERED NUMBER: 13400503) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

1. | STATUTORY INFORMATION

| Topsfield Parade 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.

| These 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 £1.

| Turnover

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

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business has been fully amortised in the current year.

| 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 | - | 10% on reducing balance

| 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.

TOPSFIELD PARADE PROPERTIES LTD (REGISTERED NUMBER: 13400503) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MAY 2024

2. | ACCOUNTING POLICIES - continued

| 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.

| Going concern

| At 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.

| Cash at bank and in hand

| 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 with borrowings in current liabilities.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2023 - 1 ) .

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| Additions | 6 |  |

| At 31 May 2024 | 6 |  |

| AMORTISATION

| Amortisation for year | 6 |  |

| At 31 May 2024 | 6 |  |

| NET BOOK VALUE

| At 31 May 2024 | - |  |

TOPSFIELD PARADE PROPERTIES LTD (REGISTERED NUMBER: 13400503) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MAY 2024

5. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

£ |

| COST

| Additions | 4,191 |  |

| At 31 May 2024 | 4,191 |  |

| DEPRECIATION

| Charge for year | 419 |  |

| At 31 May 2024 | 419 |  |

| NET BOOK VALUE

| At 31 May 2024 | 3,772 |  |

6. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| Additions | 1,483,263 |  |

| At 31 May 2024 | 1,483,263 |  |

| NET BOOK VALUE

| At 31 May 2024 | 1,483,263 |  |

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

2024 | 2023 |

£ | £ |

| Other debtors | 34,336 |  | - |  |

| Directors' current accounts | - |  | 1 |  |

34,336 |  | 1 |  |

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

2024 | 2023 |

£ | £ |

| Trade creditors | 363 |  | - |  |

| Deposits held | 6,894 |  | - |  |

| Amounts owed to group undertakings | 14,781 |  | - |  |

| Corporation tax | 1,732 |  | - |  |

| Other creditors | 51,017 |  | - |  |

| Accrued expenses | 2,250 |  | - |  |

77,037 |  | - |  |