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REGISTERED NUMBER: 08231217 (England and Wales)

| Financial Statements

| for the Year Ended 30 October 2024

| for

| Club MB Property Estates Limited

Club MB Property Estates Limited (Registered number: 08231217)

Contents of the Financial Statements

for the Year Ended 30 October 2024

Page |

Company Information | 1 |

Statement of Financial Position | 2 |

Notes to the Financial Statements | 3 |

Club MB Property Estates Limited

Company Information

for the Year Ended 30 October 2024

| DIRECTOR: | M Burman

| REGISTERED OFFICE: | c/o Parker Cavendish, Suite 301

| Stanmore Business and Innovation Centre

| Howard Road

| Stanmore

| Middlesex

| HA7 1FW

| REGISTERED NUMBER: | 08231217 (England and Wales)

| ACCOUNTANTS: | Parker Cavendish

| Chartered Accountants

| Suite 301, Stanmore Business

| and Innovation Centre

| Howard Road

| Stanmore

| Middlesex

| HA7 1FW

Club MB Property Estates Limited (Registered number: 08231217)

Statement of Financial Position

30 October 2024

| 2024 | 2023 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Investment property | 4 | 490,000 |  | 490,000 |  |

CURRENT ASSETS

Debtors | 5 | 269,526 |  | 278,511 |  |

Cash at bank | 21,785 |  | 6,238 |  |

291,311 |  | 284,749 |  |

CREDITORS

Amounts falling due within one year | 6 | 517,151 |  | 544,481 |  |

NET CURRENT LIABILITIES | (225,840 | ) | (259,732 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 264,160 |  | 230,268 |  |

PROVISIONS FOR LIABILITIES | 25,052 |  | 25,052 |  |

NET ASSETS | 239,108 |  | 205,216 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Fair value reserve | 7 | 155,211 |  | 155,211 |  |

Retained earnings | 7 | 83,797 |  | 49,905 |  |

SHAREHOLDERS' FUNDS | 239,108 |  | 205,216 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 21 October 2025 and were signed by:

M Burman - Director

Club MB Property Estates Limited (Registered number: 08231217)

Notes to the Financial Statements

for the Year Ended 30 October 2024

1. | STATUTORY INFORMATION

| Club MB Property Estates 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 as modified by the revaluation of certain assets.

| The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year/period, and also have been consistently applied within the same accounts.

| Turnover

| Turnover represents rents receivable, and interest received and related fees in respect of development loans advanced to the company's clients.

| Investment property

| The company's investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in market value is recognised in the income statement. The director considers that this policy results in the accounts showing a true and fair view. Depreciation is only one of the factors reflected in the annual valuation and the amount which might otherwise have been shown cannot be separately identified nor quantified.

| 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 statement of financial position date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 (2023 - NIL).

Club MB Property Estates Limited (Registered number: 08231217)

Notes to the Financial Statements - continued

for the Year Ended 30 October 2024

4. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 31 October 2023

| and 30 October 2024 | 490,000 |  |

| NET BOOK VALUE

| At 30 October 2024 | 490,000 |  |

| At 30 October 2023 | 490,000 |  |

| In the opinion of the Director the company's investment property is valued in the accounts at a value not materially different to its market value.

| Fair value at 30 October 2024 is represented by:

£ |

| Valuation in 2017 | 180,263 |  |

| Cost | 309,737 |  |

490,000 |  |

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

2024 | 2023 |

£ | £ |

| Trade debtors | 265,001 |  | 275,001 |  |

| Other debtors | 4,525 |  | 3,510 |  |

269,526 |  | 278,511 |  |

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

2024 | 2023 |

£ | £ |

| Amounts owed to group undertakings | 509,992 |  | 527,419 |  |

| Taxation and social security | 3,078 |  | 12,022 |  |

| Other creditors | 4,081 |  | 5,040 |  |

517,151 |  | 544,481 |  |

7. | RESERVES

| Fair |

| Retained |  | value |

| earnings |  | reserve |  | Totals

£ | £ | £ |

| At 31 October 2023 | 49,905 |  | 155,211 |  | 205,116 |  |

| Profit for the year | 33,892 |  | 33,892 |  |

| At 30 October 2024 | 83,797 |  | 155,211 |  | 239,008 |  |

| The fair value reserve is represented by the investment property revaluation, net of a deferred tax provision.