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REGISTERED NUMBER: 14721753 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Prospect Garden Properties Limited

| Prospect Garden Properties Limited (Registered number: 14721753) |

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 |

| Prospect Garden Properties Limited |

Company Information

for the year ended 31 March 2025

| DIRECTOR: | Mrs C B Stiley

| REGISTERED OFFICE: | Priory Forge

| Priory Farm Lane

| Inkberrow

| Worcestershire

| WR7 4HT

| REGISTERED NUMBER: | 14721753 (England and Wales)

| ACCOUNTANTS: | Pinfields Limited

| Chartered Accountants

| Meryll House

| 57 Worcester Road

| Bromsgrove

| Worcestershire

| B61 7DN

| Prospect Garden Properties Limited (Registered number: 14721753) |

Balance Sheet

31 March 2025

| 31.3.25 | 31.3.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 3,716 |  | 28,268 |  |

Investment property | 5 | 538,805 |  | 538,805 |  |

542,521 |  | 567,073 |  |

CURRENT ASSETS

Debtors | 6 | - |  | 4,900 |  |

Cash at bank | 3,377 |  | 8,507 |  |

3,377 |  | 13,407 |  |

CREDITORS

Amounts falling due within one year | 7 | 536,341 |  | 574,929 |  |

NET CURRENT LIABILITIES | (532,964 | ) | (561,522 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 9,557 |  | 5,551 |  |

PROVISIONS FOR LIABILITIES | 3,699 |  | 1,077 |  |

NET ASSETS | 5,858 |  | 4,474 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 5,758 |  | 4,374 |  |

5,858 |  | 4,474 |  |

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 her 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.

| Prospect Garden Properties Limited (Registered number: 14721753) |

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 October 2025 and were signed by:

Mrs C B Stiley - Director

| Prospect Garden Properties Limited (Registered number: 14721753) |

Notes to the Financial Statements

for the year ended 31 March 2025

1. | STATUTORY INFORMATION

| Prospect Garden Properties 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. | 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.

| Tangible fixed assets

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

| Plant and machinery | - | 20% on reducing balance

| Motor vehicles | - | 20% on reducing balance

| Computer equipment | - | 33% on cost

| Investment property

| Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting date. Changes in fair value are recognised in profit or loss.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

| Prospect Garden Properties Limited (Registered number: 14721753) |

Notes to the Financial Statements - continued

for the year ended 31 March 2025

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.

3. | EMPLOYEES AND DIRECTORS

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

4. | TANGIBLE FIXED ASSETS

| Plant and |  | Motor |  | Computer |

| machinery |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1 April 2024 | 1,408 |  | 33,929 |  | - |  | 35,337 |  |

| Additions | 2,395 |  | - |  | 1,288 |  | 3,683 |  |

| Disposals | - |  | (33,929 | ) | - |  | (33,929 | ) |

| At 31 March 2025 | 3,803 |  | - |  | 1,288 |  | 5,091 |  |

| DEPRECIATION

| At 1 April 2024 | 282 |  | 6,787 |  | - |  | 7,069 |  |

| Charge for year | 664 |  | - |  | 429 |  | 1,093 |  |

| Eliminated on disposal | - |  | (6,787 | ) | - |  | (6,787 | ) |

| At 31 March 2025 | 946 |  | - |  | 429 |  | 1,375 |  |

| NET BOOK VALUE

| At 31 March 2025 | 2,857 |  | - |  | 859 |  | 3,716 |  |

| At 31 March 2024 | 1,126 |  | 27,142 |  | - |  | 28,268 |  |

| Prospect Garden Properties Limited (Registered number: 14721753) |

Notes to the Financial Statements - continued

for the year ended 31 March 2025

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 April 2024

| and 31 March 2025 | 538,805 |  |

| NET BOOK VALUE

| At 31 March 2025 | 538,805 |  |

| At 31 March 2024 | 538,805 |  |

| It is the opinion of the director that the market value of investment property is not considered to be significantly different from the carrying value held at historical cost.

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

| 31.3.25 |  | 31.3.24

£ | £ |

| Trade debtors | - |  | 4,900 |  |

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

| 31.3.25 |  | 31.3.24

£ | £ |

| VAT | 1,723 |  | 1,295 |  |

| Directors' current accounts | 533,418 |  | 572,634 |  |

| Accrued expenses | 1,200 |  | 1,000 |  |

536,341 |  | 574,929 |  |