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REGISTERED NUMBER: 13900318 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 28 FEBRUARY 2025 |

| FOR |

| WAT320 LTD |

| WAT320 LTD (REGISTERED NUMBER: 13900318) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 4 |

| WAT320 LTD |

COMPANY INFORMATION

FOR THE YEAR ENDED 28 FEBRUARY 2025

| DIRECTOR: | A C Sufrin

| REGISTERED OFFICE: | 74 Brent Street

| London

| NW4 2ES

| REGISTERED NUMBER: | 13900318 (England and Wales)

| ACCOUNTANTS: | Venitt and Greaves

| Chartered Accountants

| 115 Craven Park Road

| South Tottenham

| London

| N15 6BL

| WAT320 LTD (REGISTERED NUMBER: 13900318) |

STATEMENT OF FINANCIAL POSITION

28 FEBRUARY 2025

| 28.2.25 |  | 29.2.24

| Notes | £ | £ |

FIXED ASSETS

Investment property | 4 | 3,000,000 |  | 3,000,000 |  |

CURRENT ASSETS

Debtors | 5 | - |  | 15,180 |  |

Cash at bank and in hand | 599 |  | 11,279 |  |

599 |  | 26,459 |  |

CREDITORS

Amounts falling due within one year | 6 | (222,817 | ) | (293,812 | ) |

NET CURRENT LIABILITIES | (222,218 | ) | (267,353 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 2,777,782 |  | 2,732,647 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (2,358,947 | ) | (2,358,113 | ) |

PROVISIONS FOR LIABILITIES | (130,778 | ) | (130,778 | ) |

NET ASSETS | 288,057 |  | 243,756 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 100 |  | 100 |  |

Fair value reserve | 10 | 557,528 |  | 557,528 |  |

Retained earnings | 10 | (269,571 | ) | (313,872 | ) |

SHAREHOLDERS' FUNDS | 288,057 |  | 243,756 |  |

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 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.

| WAT320 LTD (REGISTERED NUMBER: 13900318) |

STATEMENT OF FINANCIAL POSITION - 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 by the director and authorised for issue on 5 November 2025 and were signed by:

A C Sufrin - Director

| WAT320 LTD (REGISTERED NUMBER: 13900318) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

1. | STATUTORY INFORMATION

| WAT320 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.

| 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.

| Turnover

| Turnover represents net rent receivable, excluding value added tax.

| 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.

| 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.

3. | EMPLOYEES AND DIRECTORS

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

4. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 March 2024

| and 28 February 2025 | 3,000,000 |  |

| NET BOOK VALUE

| At 28 February 2025 | 3,000,000 |  |

| At 29 February 2024 | 3,000,000 |  |

| Fair value at 28 February 2025 is represented by:

£ |

| Valuation in 2024 | 688,306 |  |

| Cost | 2,311,694 |  |

3,000,000 |  |

| WAT320 LTD (REGISTERED NUMBER: 13900318) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 28 FEBRUARY 2025

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

| 28.2.25 |  | 29.2.24

£ | £ |

| Trade debtors | - |  | 780 |  |

| Other debtors | - |  | 14,400 |  |

- |  | 15,180 |  |

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

| 28.2.25 |  | 29.2.24

£ | £ |

| Trade creditors | 34,349 |  | 41,927 |  |

| Other creditors | 112,177 |  | 201,030 |  |

| Accrued expenses | 76,291 |  | 50,855 |  |

222,817 |  | 293,812 |  |

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

| 28.2.25 |  | 29.2.24

£ | £ |

| Bank loans more 5 yrs non-inst | 2,358,947 |  | 2,358,113 |  |

| Amounts falling due in more than five years:

| Repayable otherwise than by instalments

| Bank loans more 5 yrs non-inst | 2,358,947 |  | 2,358,113 |  |

8. | SECURED DEBTS

| The following secured debts are included within creditors:

| 28.2.25 |  | 29.2.24

£ | £ |

| Bank loans | 2,358,947 |  | 2,358,113 |  |

| Long term bank loan is secured by first charge over the company's investment property and bear interest at variable rates.

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 28.2.25 |  | 29.2.24

| value: | £ | £ |

| 100 | Ordinary | £1 | 100 |  | 100 |  |

| WAT320 LTD (REGISTERED NUMBER: 13900318) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 28 FEBRUARY 2025

10. | RESERVES

| Fair |

| Retained |  | value |

| earnings |  | reserve |  | Totals

£ | £ | £ |

| At 1 March 2024 | (313,872 | ) | 557,528 |  | 243,656 |  |

| Profit for the year | 44,301 |  | 44,301 |  |

| At 28 February 2025 | (269,571 | ) | 557,528 |  | 287,957 |  |

11. | ULTIMATE CONTROLLING PARTY

| The ultimate controlling party is A C Sufrin.