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REGISTERED NUMBER: 08987701 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

CAMBED PROPERTIES LIMITED

CAMBED PROPERTIES LIMITED (REGISTERED NUMBER: 08987701)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page |

Company Information | 1 |

Statement of Financial Position | 2 |

Notes to the Financial Statements | 4 |

CAMBED PROPERTIES LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2025

| DIRECTORS: | A L Jenkins

| R A Vernon

| REGISTERED OFFICE: | 2 Manor Farm Court

| Old Wolverton Road

| Old Wolverton

| Milton Keynes

| Buckinghamshire

| MK12 5NN

| REGISTERED NUMBER: | 08987701 (England and Wales)

| ACCOUNTANTS: | Thompsons Accountancy Services Ltd

| 2 Manor Farm Court Old Wolverton Road

| Old Wolverton

| Milton Keynes

| Buckinghamshire

| MK12 5NN

CAMBED PROPERTIES LIMITED (REGISTERED NUMBER: 08987701)

STATEMENT OF FINANCIAL POSITION

31 MARCH 2025

2025 | 2024 |

| Notes | £ | £ | £ | £

FIXED ASSETS

Tangible assets | 5 | 5,269 |  | 6,700 |  |

Investment property | 6 | 1,200,000 |  | 493,134 |  |

1,205,269 |  | 499,834 |  |

CURRENT ASSETS

Debtors | 7 | 6,950 |  | 5,904 |  |

Cash at bank | 12,064 |  | 10,224 |  |

19,014 |  | 16,128 |  |

CREDITORS

Amounts falling due within one year | 8 | 182,643 |  | 179,947 |  |

NET CURRENT LIABILITIES | (163,629 | ) | (163,819 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,041,640 |  | 336,015 |  |

CREDITORS

Amounts falling due after more than one year | 9 | (88,914 | ) | (112,755 | ) |

PROVISIONS FOR LIABILITIES | (135,306 | ) | (1,273 | ) |

NET ASSETS | 817,420 |  | 221,987 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Revaluation reserve | 10 | 572,562 |  | - |  |

Retained earnings | 244,758 |  | 221,887 |  |

SHAREHOLDERS' FUNDS | 817,420 |  | 221,987 |  |

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.

CAMBED PROPERTIES LIMITED (REGISTERED NUMBER: 08987701)

STATEMENT OF FINANCIAL POSITION - 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 Board of Directors and authorised for issue on 6 October 2025 and were signed on its behalf by:

R A Vernon - Director

CAMBED PROPERTIES LIMITED (REGISTERED NUMBER: 08987701)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. | STATUTORY INFORMATION

| Cambed 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. | STATEMENT OF COMPLIANCE

| 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.

3. | ACCOUNTING POLICIES

| BASIS OF PREPARING THE FINANCIAL STATEMENTS

| The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

| TURNOVER

| Turnover represents rents receivable, excluding value added tax.

| 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.

| Improvements to property | - | 10% on cost

| Plant and machinery | - | 20% on cost

| Fixtures and fittings | - | 25% on cost

| The freehold property is not depreciated as the directors consider that its market value exceeds its original cost.

| 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 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.

CAMBED PROPERTIES LIMITED (REGISTERED NUMBER: 08987701)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

3. | ACCOUNTING POLICIES - continued

| 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.

4. | EMPLOYEES AND DIRECTORS

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

5. | TANGIBLE FIXED ASSETS

Fixtures |

Improvements | Plant and | and |

to property | machinery | fittings | Totals |

| £ | £ | £ | £

| COST

| At 1 April 2024

| and 31 March 2025 | 6,138 |  | 1,392 |  | 4,798 |  | 12,328 |  |

| DEPRECIATION

| At 1 April 2024 | 818 |  | 1,137 |  | 3,673 |  | 5,628 |  |

| Charge for year | 614 |  | 255 |  | 562 |  | 1,431 |  |

| At 31 March 2025 | 1,432 |  | 1,392 |  | 4,235 |  | 7,059 |  |

| NET BOOK VALUE

| At 31 March 2025 | 4,706 |  | - |  | 563 |  | 5,269 |  |

| At 31 March 2024 | 5,320 |  | 255 |  | 1,125 |  | 6,700 |  |

6. | INVESTMENT PROPERTY

Total |

| £

| FAIR VALUE

| At 1 April 2024 | 493,134 |  |

| Revaluations | 706,866 |  |

| At 31 March 2025 | 1,200,000 |  |

| NET BOOK VALUE

| At 31 March 2025 | 1,200,000 |  |

| At 31 March 2024 | 493,134 |  |

CAMBED PROPERTIES LIMITED (REGISTERED NUMBER: 08987701)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

6. | INVESTMENT PROPERTY - continued

| Fair value at 31 March 2025 is represented by:

| £

| Valuation in 2015 | 493,134 |  |

| Valuation in 2025 | 706,866 |  |

1,200,000 |  |

| If property and improvements had not been revalued they would have been included at the following historical cost:

2025 | 2024 |

| £ | £

| Cost | 493,134 |  | - |  |

| The investment property was valued on an open market basis on 31 March 2025 by the directors. .

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

2025 | 2024 |

| £ | £

| Trade debtors | 6,500 |  | 4,620 |  |

| Other debtors | 200 |  | 1,083 |  |

| Prepayments | 250 |  | 201 |  |

6,950 |  | 5,904 |  |

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

2025 | 2024 |

| £ | £

| Bank loans and overdrafts | 20,000 |  | 20,000 |  |

| Tax | 5,637 |  | 5,629 |  |

| VAT | 3,149 |  | 3,877 |  |

| Directors' current accounts | 147,241 |  | 145,151 |  |

| Accrued expenses | 6,616 |  | 5,290 |  |

182,643 |  | 179,947 |  |

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

2025 | 2024 |

| £ | £

| Bank loans - 1-2 years | 20,000 |  | 20,000 |  |

| Bank loans - 2-5 years | 20,000 |  | 20,000 |  |

| Bank loans more 5 yr by instal | 48,914 |  | 72,755 |  |

88,914 |  | 112,755 |  |

CAMBED PROPERTIES LIMITED (REGISTERED NUMBER: 08987701)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued

2025 | 2024 |

| £ | £

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | 48,914 |  | 72,755 |  |

10. | RESERVES

Revaluation |

reserve |

| £

| Unrealised gains and losses | 572,562 |  |

| At 31 March 2025 | 572,562 |  |