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REGISTERED NUMBER: 00773366 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 28 FEBRUARY 2025 |

| FOR |

ST. NICOLAS PARK DEVELOPMENT LIMITED |

ST. NICOLAS PARK DEVELOPMENT LIMITED (REGISTERED NUMBER: 00773366) |

CONTENTS OF THE FINANCIAL STATEMENTS

for the year ended 28 February 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| ST. NICOLAS PARK DEVELOPMENT LIMITED |

COMPANY INFORMATION

for the year ended 28 February 2025

| DIRECTORS: | S Aggarwal

| R Aggarwal

| K K Aggarwal

| SECRETARY: | R Aggarwal

| REGISTERED OFFICE: | 76 St. Nicolas Park Drive

| Nuneaton

| Warwickshire

| CV11 6DJ

| REGISTERED NUMBER: | 00773366 (England and Wales)

| ACCOUNTANTS: | LDP Luckmans

| 1110 Elliott Court

| Coventry Business Park

| Herald Avenue

| Coventry

| West Midlands

| CV5 6UB

ST. NICOLAS PARK DEVELOPMENT LIMITED (REGISTERED NUMBER: 00773366) |

BALANCE SHEET

28 February 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 205,249 |  | 205,249 |  |

Investment property | 5 | 906,650 |  | 906,650 |  |

1,111,899 |  | 1,111,899 |  |

CURRENT ASSETS

Debtors | 6 | 402,386 |  | 405,999 |  |

Cash at bank | 30,246 |  | 18,253 |  |

432,632 |  | 424,252 |  |

CREDITORS

Amounts falling due within one year | 7 | 233,613 |  | 264,572 |  |

NET CURRENT ASSETS | 199,019 |  | 159,680 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,310,918 |  | 1,271,579 |  |

PROVISIONS FOR LIABILITIES | 9 | 207,891 |  | 207,891 |  |

NET ASSETS | 1,103,027 |  | 1,063,688 |  |

CAPITAL AND RESERVES

Called up share capital | 10 | 402 |  | 402 |  |

Retained earnings | 11 | 1,102,625 |  | 1,063,286 |  |

SHAREHOLDERS' FUNDS | 1,103,027 |  | 1,063,688 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

ST. NICOLAS PARK DEVELOPMENT LIMITED (REGISTERED NUMBER: 00773366) |

BALANCE SHEET - continued

28 February 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 Income Statement has not been delivered.

The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on 9 October 2025 and were signed on its behalf by:

R Aggarwal - Director

ST. NICOLAS PARK DEVELOPMENT LIMITED (REGISTERED NUMBER: 00773366) |

NOTES TO THE FINANCIAL STATEMENTS

for the year ended 28 February 2025

1. | STATUTORY INFORMATION

| St. Nicolas Park Development 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.

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 as modified by the revaluation of certain assets.

| The 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 £

| The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

| Turnover

| Turnover represents gross rental income receivable during the period.

| Tangible fixed assets

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

| Freehold property | - | 2% on cost

| Depreciation is provided on a monthly basis from the date of acquisition; no depreciation is provided in the year of disposal.

| 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.

| 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.

ST. NICOLAS PARK DEVELOPMENT LIMITED (REGISTERED NUMBER: 00773366) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 28 February 2025

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2024 - 1 ) .

4. | TANGIBLE FIXED ASSETS

| Freehold

| property

£ |

| COST

| At 1 March 2024

| and 28 February 2025 | 218,350 |  |

| DEPRECIATION

| At 1 March 2024

| and 28 February 2025 | 13,101 |  |

| NET BOOK VALUE

| At 28 February 2025 | 205,249 |  |

| At 29 February 2024 | 205,249 |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 March 2024

| and 28 February 2025 | 906,650 |  |

| NET BOOK VALUE

| At 28 February 2025 | 906,650 |  |

| At 29 February 2024 | 906,650 |  |

| The directors valued the trading & investment property in July 2020 at £1,129,000. This includes company trading offices at a value of £218,350 which are shown in the financial statements as tangible fixed assets - Freehold Property.

| This valuation has been reassessed by the directors at 28 February 2025. Having considered the value of other similar properties in the area, the condition of the property and the tenancies achieved, and recent valuations they have concluded that this still represents a fair value of the investment property. Continued maintenance and refurbishment will ensure the fair value is maintained subject to any fluctuations in the property market in general.

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

2025 | 2024 |

£ | £ |

| Tenant debtors | - |  | 3,613 |  |

| Amounts owed by group undertakings | 402,386 |  | 402,386 |  |

402,386 |  | 405,999 |  |

ST. NICOLAS PARK DEVELOPMENT LIMITED (REGISTERED NUMBER: 00773366) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 28 February 2025

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

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 213,659 |  | 245,243 |  |

| Tax | 9,567 |  | 9,350 |  |

| Social security and other taxes | 1,197 |  | 1,153 |  |

| Accruals and deferred income | 9,190 |  | 8,826 |  |

233,613 |  | 264,572 |  |

8. | SECURED DEBTS

| Fixed and floating charge in favour of Barclays Bank PLC over the property and assets of the company dated 31st March 2014

9. | PROVISIONS FOR LIABILITIES

2025 | 2024 |

£ | £ |

| Deferred tax | 207,891 |  | 207,891 |  |

| Deferred |

| tax |

£ |

| Balance at 1 March 2024 | 207,891 |  |

| Timing differences |

| Balance at 28 February 2025 | 207,891 |  |

10. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

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

| value: | £ | £ |

| 402 | Ordinary | £1 | 402 |  | 402 |  |

11. | RESERVES

| Retained

| earnings

£ |

| At 1 March 2024 | 1,063,286 |  |

| Profit for the year | 39,339 |  |

| At 28 February 2025 | 1,102,625 |  |

12. | ULTIMATE CONTROLLING PARTY

| The controlling party is Mercia Export Enterprises Limited.