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REGISTERED NUMBER: 04262362 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 31 March 2025 |

| for |

| Prestige Developments (Park Homes) Ltd |

Prestige Developments (Park Homes) Ltd (Registered number: 04262362)

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 |

Prestige Developments (Park Homes) Ltd

Company Information

for the Year Ended 31 March 2025

| DIRECTORS: | Mr K A Hanger

| Mr M I Todd

| Mr S Geranio

| Mr D C Ray

| SECRETARY: | Mr K A Hanger

| REGISTERED OFFICE: | 63 Broad Green

| Wellingborough

| Northamptonshire

| NN8 4LQ

| REGISTERED NUMBER: | 04262362 (England and Wales)

| ACCOUNTANTS: | Clifford Roberts

| 63 Broad Green

| Wellingborough

| Northamptonshire

| NN8 4LQ

Prestige Developments (Park Homes) Ltd (Registered number: 04262362)

Balance Sheet

31 March 2025

2025 | 2024 |

| Notes | £ | £ | £ | £

FIXED ASSETS

Intangible assets | 4 | 1,263 |  | 2,527 |  |

Tangible assets | 5 | 216,401 |  | 226,842 |  |

217,664 |  | 229,369 |  |

CURRENT ASSETS

Stocks | 80,581 |  | 85,681 |  |

Debtors | 6 | 510,983 |  | 618,438 |  |

Cash at bank and in hand | 710,454 |  | 428,003 |  |

1,302,018 |  | 1,132,122 |  |

CREDITORS

Amounts falling due within one year | 7 | 475,070 |  | 516,255 |  |

NET CURRENT ASSETS | 826,948 |  | 615,867 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,044,612 |  | 845,236 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (30,222 | ) | - |  |

PROVISIONS FOR LIABILITIES | (7,737 | ) | (4,489 | ) |

NET ASSETS | 1,006,653 |  | 840,747 |  |

CAPITAL AND RESERVES

Called up share capital | 10 | 30 |  | 30 |  |

Retained earnings | 1,006,623 |  | 840,717 |  |

SHAREHOLDERS' FUNDS | 1,006,653 |  | 840,747 |  |

Prestige Developments (Park Homes) Ltd (Registered number: 04262362)

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 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.

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 Board of Directors and authorised for issue on 16 September 2025 and were signed on its behalf by:

Mr D C Ray - Director

Prestige Developments (Park Homes) Ltd (Registered number: 04262362)

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| Prestige Developments (Park Homes) 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.

| The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

| Related party exemption

| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

| Revenue

| Turnover represents net invoices sale of goods and services, excluding value added tax.

| 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.

| Computer software is being amortised evenly over its estimated useful life of nil years.

| 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 | - | 25% on reducing balance

| Fixtures and fittings | - | 25% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| 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.

Prestige Developments (Park Homes) Ltd (Registered number: 04262362)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

2. | ACCOUNTING POLICIES - continued

| Deferred taxation

| 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.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

| Debtors and creditors

| Short term debtors are measured at transaction price, less any impairment.

| Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

| Going concern

| Based on forecasts and projections, together with available market information and the directors' knowledge and experience of the industry. The directors have reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly the company continues to adopt the going concern basis in preparing the annual financial statements.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 28 (2024 - 29 ) .

4. | INTANGIBLE FIXED ASSETS

Other |

intangible |

assets |

| £

| COST

| At 1 April 2024

| and 31 March 2025 | 6,316 |  |

| AMORTISATION

| At 1 April 2024 | 3,789 |  |

| Charge for year | 1,264 |  |

| At 31 March 2025 | 5,053 |  |

| NET BOOK VALUE

| At 31 March 2025 | 1,263 |  |

| At 31 March 2024 | 2,527 |  |

Prestige Developments (Park Homes) Ltd (Registered number: 04262362)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

5. | TANGIBLE FIXED ASSETS

Fixtures |

Freehold | Plant and | and |

property | machinery | fittings |

| £ | £ | £

| COST

| At 1 April 2024 | 30,162 |  | 748 |  | 30,450 |  |

| Additions | - |  | 550 |  | 802 |  |

| Disposals | - |  | - |  | - |  |

| At 31 March 2025 | 30,162 |  | 1,298 |  | 31,252 |  |

| DEPRECIATION

| At 1 April 2024 | 29,759 |  | 685 |  | 24,214 |  |

| Charge for year | 101 |  | 153 |  | 1,759 |  |

| Eliminated on disposal | - |  | - |  | - |  |

| At 31 March 2025 | 29,860 |  | 838 |  | 25,973 |  |

| NET BOOK VALUE

| At 31 March 2025 | 302 |  | 460 |  | 5,279 |  |

| At 31 March 2024 | 403 |  | 63 |  | 6,236 |  |

Motor | Computer |

vehicles | equipment | Totals |

| £ | £ | £

| COST

| At 1 April 2024 | 463,322 |  | 14,382 |  | 539,064 |  |

| Additions | 72,090 |  | - |  | 73,442 |  |

| Disposals | (66,760 | ) | - |  | (66,760 | ) |

| At 31 March 2025 | 468,652 |  | 14,382 |  | 545,746 |  |

| DEPRECIATION

| At 1 April 2024 | 246,428 |  | 11,136 |  | 312,222 |  |

| Charge for year | 69,439 |  | 812 |  | 72,264 |  |

| Eliminated on disposal | (55,141 | ) | - |  | (55,141 | ) |

| At 31 March 2025 | 260,726 |  | 11,948 |  | 329,345 |  |

| NET BOOK VALUE

| At 31 March 2025 | 207,926 |  | 2,434 |  | 216,401 |  |

| At 31 March 2024 | 216,894 |  | 3,246 |  | 226,842 |  |

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

2025 | 2024 |

| £ | £

| Trade debtors | 490,317 |  | 524,440 |  |

| Other debtors | 12,582 |  | 14,282 |  |

| Directors' current accounts | 1,841 |  | 74,355 |  |

| Prepayments | 6,243 |  | 5,361 |  |

510,983 |  | 618,438 |  |

Prestige Developments (Park Homes) Ltd (Registered number: 04262362)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

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

2025 | 2024 |

| £ | £

| Hire purchase contracts (see note 9) | 21,333 |  | - |  |

| Trade creditors | 92,232 |  | 84,286 |  |

| Amounts owed to group undertakings | 544 |  | 135,543 |  |

| Tax | 105,884 |  | 115,803 |  |

| Social security and other taxes | 31,441 |  | 30,250 |  |

| VAT | 60,960 |  | 85,557 |  |

| Other creditors | 13,034 |  | 5,836 |  |

| Directors' current accounts | - |  | 6,106 |  |

| Accruals and deferred income | 127,105 |  | 26,250 |  |

| Accrued expenses | 22,537 |  | 26,624 |  |

475,070 |  | 516,255 |  |

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

2025 | 2024 |

| £ | £

| Hire purchase contracts (see note 9) | 30,222 |  | - |  |

9. | LEASING AGREEMENTS

| Minimum lease payments fall due as follows:

| Hire purchase |

| contracts |

2025 | 2024 |

| £ | £

| Net obligations repayable:

| Within one year | 21,333 |  | - |  |

| Between one and five years | 30,222 |  | - |  |

51,555 |  | - |  |

Non-cancellable |

operating leases |

2025 | 2024 |

| £ | £

| Within one year | 17,233 |  | 16,792 |  |

| Between one and five years | 17,666 |  | 34,899 |  |

34,899 |  | 51,691 |  |

10. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

value: |  | £ | £

| 30 | Ordinary | £1 | 30 |  | 30 |  |

Prestige Developments (Park Homes) Ltd (Registered number: 04262362)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

11. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025 | 2024 |

| £ | £

| Mr K A Hanger

| Balance outstanding at start of year | 37,729 |  | 36,570 |  |

| Amounts advanced | 7,612 |  | 23,109 |  |

| Amounts repaid | (44,859 | ) | (21,950 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 482 |  | 37,729 |  |

| Mr M I Todd

| Balance outstanding at start of year | 36,523 |  | 36,659 |  |

| Amounts advanced | 8,792 |  | 21,814 |  |

| Amounts repaid | (44,859 | ) | (21,950 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 456 |  | 36,523 |  |

| Mr S Geranio

| Balance outstanding at start of year | 104 |  | 4,714 |  |

| Amounts advanced | 35,784 |  | 12,950 |  |

| Amounts repaid | (35,887 | ) | (17,560 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 1 |  | 104 |  |

| Mr D C Ray

| Balance outstanding at start of year | - |  | - |  |

| Amounts advanced | 36,788 |  | - |  |

| Amounts repaid | (35,887 | ) | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 901 |  | - |  |

| The interest was charged on loans at 2.25% (2024- 2.25%) and they are repayable on demand.

| Overdrawn directors' loan account was repaid within 9 months

12. | ULTIMATE CONTROLLING PARTY

| The controlling party is Prestige Developments Limited.

| The parent company's registered office is the same as that listed on the information page.

| The directors have ultimate control of the company by virtue of their 100% shareholdings (including family holdings) in the parent company.