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REGISTERED NUMBER: 11092515 (England and Wales)

| FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 MARCH 2025 |

| FOR |

| RAKHS PROPERTIES LTD |

RAKHS PROPERTIES LTD (REGISTERED NUMBER: 11092515)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page |

Company Information | 1 |

Chartered Accountants' Report | 2 |

Balance Sheet | 3 |

Notes to the Financial Statements | 5 |

RAKHS PROPERTIES LTD

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2025

| DIRECTORS: | Mr Ketan Ranchhodbhai Patel

| Mrs Roshna Ketanbhai Patel

| REGISTERED OFFICE: | 505 Pinner Road

| Harrow

| Middlesex

| HA2 6EH

| REGISTERED NUMBER: | 11092515 (England and Wales)

| ACCOUNTANTS: | Sterling Accounts Limited

| t/a Sterling

| Chartered Accountants

| 505 Pinner Road

| Harrow

| Middlesex

| HA2 6EH

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS

ON THE UNAUDITED FINANCIAL STATEMENTS OF

RAKHS PROPERTIES LTD

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Rakhs Properties Ltd for the year ended 31 March 2025 which comprise the Profit and Loss Account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Rakhs Properties Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Rakhs Properties Ltd and state those matters that we have agreed to state to the Board of Directors of Rakhs Properties Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Rakhs Properties Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Rakhs Properties Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Rakhs Properties Ltd. You consider that Rakhs Properties Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Rakhs Properties Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Sterling Accounts Limited

t/a Sterling

Chartered Accountants

505 Pinner Road

Harrow

Middlesex

HA2 6EH

13 October 2025

RAKHS PROPERTIES LTD (REGISTERED NUMBER: 11092515)

BALANCE SHEET

31 MARCH 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Investment property | 3 | 3,883,380 |  | 3,883,380 |  |

CURRENT ASSETS

Debtors | 4 | 318,241 |  | 327,917 |  |

Cash at bank | 161,649 |  | 234,147 |  |

479,890 |  | 562,064 |  |

CREDITORS

Amounts falling due within one year | 5 | 4,243 |  | 71,214 |  |

NET CURRENT ASSETS | 475,647 |  | 490,850 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 4,359,027 |  | 4,374,230 |  |

CREDITORS

Amounts falling due after more than one year | 6 | 2,615,318 |  | 2,629,651 |  |

NET ASSETS | 1,743,709 |  | 1,744,579 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Share premium | 9 | 1,742,639 |  | 1,742,639 |  |

Retained earnings | 9 | 970 |  | 1,840 |  |

SHAREHOLDERS' FUNDS | 1,743,709 |  | 1,744,579 |  |

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.

RAKHS PROPERTIES LTD (REGISTERED NUMBER: 11092515)

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 October 2025 and were signed on its behalf by:

Mr Ketan Ranchhodbhai Patel - Director

RAKHS PROPERTIES LTD (REGISTERED NUMBER: 11092515)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. | 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 rents receivable, net of value added tax. Turnover is recognised on a rent receivable basis to the balance sheet date.

| Investment property

| Investment properties are properties which are held either to earn rental income or for capital appreciation or for both. Investment properties are recognised initially at cost.

| Subsequent to initial recognition:

| i Investment properties whose fair value can be measured reliably without undue cost or effort are held at fair value. Any gains or losses arising from changes in the fair value are recognised in profit or loss in the period that they arise.

| 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.

| Interest receivable and interest payable

| Interest receivable and interest payable are recognised in profit or loss as they accrue, using the effective interest method.

2. | EMPLOYEES AND DIRECTORS

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

RAKHS PROPERTIES LTD (REGISTERED NUMBER: 11092515)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

3. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 April 2024

| and 31 March 2025 | 3,883,380 |  |

| NET BOOK VALUE

| At 31 March 2025 | 3,883,380 |  |

| At 31 March 2024 | 3,883,380 |  |

| Based on advice from a property agent and the directors' knowledge of the local property and rental markets, the market value of the investment properties at 31 March 2025 is not significantly different to that stated above.

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

2025 | 2024 |

£ | £ |

| Amounts owed by associates | 50,000 |  | 50,000 |  |

| Other debtors | 68,788 |  | 74,103 |  |

| Directors' current accounts | 199,453 |  | 203,814 |  |

318,241 |  | 327,917 |  |

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

2025 | 2024 |

£ | £ |

| Tax | 1,907 |  | 2,138 |  |

| Social security and other taxes | - |  | 289 |  |

| Other creditors | 176 |  | 68,787 |  |

| Accrued expenses | 2,160 |  | - |  |

4,243 |  | 71,214 |  |

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

2025 | 2024 |

£ | £ |

| Bank loans (see note 7) | 2,615,318 |  | 2,629,651 |  |

| Amounts falling due in more than five years:

| Repayable otherwise than by instalments

| Bank loans | 2,615,318 |  | 2,629,651 |  |

RAKHS PROPERTIES LTD (REGISTERED NUMBER: 11092515)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

7. | LOANS

| An analysis of the maturity of loans is given below:

2025 | 2024 |

£ | £ |

| Amounts falling due in more than five years:

| Repayable otherwise than by instalments

| Bank loans | 2,615,318 |  | 2,629,651 |  |

8. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Bank Loan | 2,629,541 |  | 2,629,541 |  |

| The bank loans are secured by a legal charge over the investment properties and by personal guarantee of the directors.

9. | RESERVES

| Retained |  | Share |

| earnings |  | premium |  | Totals

£ | £ | £ |

| At 1 April 2024 | 1,840 |  | 1,742,639 |  | 1,744,479 |  |

| Profit for the year | 8,130 |  | 8,130 |  |

| Dividends | (9,000 | ) | (9,000 | ) |

| At 31 March 2025 | 970 |  | 1,742,639 |  | 1,743,609 |  |

10. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| At the year end, the directors owed £199,454 (2024: £203,814) to the company. The company charged interest at 2.25% per annum on the amount due from the directors.

| During the year, the company paid dividend of £9,000 (2024: £10,000) to the directors.