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COMPANY REGISTRATION NUMBER: NI623827

| CFR 75 Limited

| Unaudited financial statements

| 30 April 2025

CFR 75 Limited

Financial statements

Year ended 30 April 2025

Contents | Page

Officers and professional advisers | 1

Directors' report | 2

Statement of income and retained earnings | 3

Statement of financial position | 4

Notes to the financial statements | 6

The following pages do not form part of the financial statements

Report to the board of directors on the preparation of the unaudited statutory financial statements | 10

CFR 75 Limited

Officers and professional advisers

The board of directors | Mr J Eakin
| Mrs D Eakin

Registered office | 3 Ballydrain Road
| Comber
| Newtownards
| Northern Ireland
| BT23 5SR

Accountants | BDO Northern Ireland
| Chartered accountants
| Metro Building, 1st Floor
| 6-9 Donegall Square South
| Belfast
| BT1 5JA

Bankers | Danske Bank
| Donegall Square West
| Belfast
| BT1 6JS

Solicitors | Cleaver Fulton Rankin Limited
| 50 Bedford Street
| Belfast
| BT2 7FW

CFR 75 Limited

Directors' report

Year ended 30 April 2025
The directors present their report and the unaudited financial statements of the company for the year ended 30 April 2025 .
Directors
The directors who served the company during the year were as follows:

Mr J Eakin |
Mrs D Eakin |

Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on 31 October 2025 and signed on behalf of the board by:

Mr J Eakin
Director

Registered office:
3 Ballydrain Road
Comber
Newtownards
Northern Ireland
BT23 5SR

CFR 75 Limited

Statement of income and retained earnings

Year ended 30 April 2025

| 2025 | 2024
Note | £ | £
Turnover | 791,106 | 666,421

| --------- | ---------
Gross profit | 791,106 | 666,421

Administrative expenses | ( 224,612) | ( 182,423)
| --------- | ---------
Operating profit | 566,494 | 483,998

Loss on revaluation of investment property | – | ( 602,680)
Interest receivable and similar income | 22,295 | 355
| --------- | ---------
Profit/(loss) before taxation | 588,789 | ( 118,327)

Tax on profit/(loss) | ( 153,447) | ( 121,400)
| --------- | ---------
Profit/(loss) for the financial year and total comprehensive income | 435,342 | ( 239,727)
| --------- | ---------

Dividends paid and payable | – | ( 300,000)

Retained earnings at the start of the year | 1,599,152 | 2,138,879
| ------------ | ------------
Retained earnings at the end of the year | 2,034,494 | 1,599,152
| ------------ | ------------

All the activities of the company are from continuing operations.

CFR 75 Limited

Statement of financial position

30 April 2025

| 2025 | 2024
Note | £ | £ | £

Fixed assets

Investment property | 5 |  | 6,483,095 | 6,483,095

Current assets

Debtors | 6 | 214,635 |  | 8,738
Cash at bank and in hand | 1,163,783 |  | 744,698
| ------------ |  | ---------
| 1,378,418 |  | 753,436

Creditors: amounts falling due within one year | 7 | 5,805,522 |  | 5,615,882
| ------------ |  | ------------
Net current liabilities |  | 4,427,104 | 4,862,446
|  | ------------ | ------------
Total assets less current liabilities |  | 2,055,991 | 1,620,649

Provisions

Taxation including deferred tax |  | 21,197 | 21,197
|  | ------------ | ------------
Net assets |  | 2,034,794 | 1,599,452
|  | ------------ | ------------

Capital and reserves

Called up share capital |  | 300 | 300
Profit and loss account |  | 2,034,494 | 1,599,152
|  | ------------ | ------------
Shareholders funds |  | 2,034,794 | 1,599,452
|  | ------------ | ------------

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

CFR 75 Limited

Statement of financial position (continued)

30 April 2025
These financial statements were approved by the board of directors and authorised for issue on 31 October 2025 , and are signed on behalf of the board by:

Mr J Eakin
Director

Company registration number: NI623827

CFR 75 Limited

Notes to the financial statements

Year ended 30 April 2025
1. General information
The company is a private company limited by shares, incorporated in Northern Ireland. The address of the registered office is 3 Ballydrain Road, Comber, Newtownards, Northern Ireland, BT23 5SR. The principal activity of the company during the year was property investment in the United Kingdom.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention modified to include investment property at fair value. The financial reporting framework that has been applied in their preparation is the Companies Act 2006 (the Act) and FRS102 The Financial Reporting Standard applicable in the UK and Republic of Ireland issued by the Financial Reporting Council. The company qualifies as a small company for the period, as defined by section 382 of the Act, and has applied the rules of the 'Small Companies Regime' in accordance with section 381 of the Act and Section 1A of FRS102. The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The directors are of the opinion that no significant judgements or estimates were required in preparing the financial statements. Key sources of estimation uncertainty Investment property are valued annually using recent market evidence of similar properties in the same location and condition. Any changes in fair value are recognised in profit or loss.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents rent charged, stated net of discounts and of Value Added Tax.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Investment property
Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.
Cash and cash equivalents
Cash consists of cash on hand. There are no cash equivalents included in the financial statements.
Other financial assets
Other financial assets are comprised of trade debtors and other debtors. Other financial assets are initially measured at the undiscounted amount of cash receivable and are subsequently measured at amortised cost less impairment, where there is objective evidence of an impairment.
Other financial liabilities
Other financial liabilities include trade creditors, amounts owed to related parties and other creditors. Other financial liabilities are measured at invoice price, unless payment is deferred beyond normal business terms or is financed at a rate of interest that is not a market rate. In this case the arrangement constitutes a financing transaction, and the financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Ordinary share capital
The ordinary share capital of the company is presented as equity.
4. Employee numbers
The average number of persons employed by the company during the year, including directors, amounted to Nil (2024: Nil).
5. Investment property

| Investment property
| £
Cost |
At 1 May 2024 and 30 April 2025 | 6,483,095
| ------------
Depreciation |
At 1 May 2024 and 30 April 2025 | –
| ------------
Carrying amount |
At 30 April 2025 | 6,483,095
| ------------
At 30 April 2024 | 6,483,095
| ------------

The directors are of the opinion that the above valuation of the investment property represents market value at 30 April 2025.
6. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 170,020 | 314
Other debtors | 44,615 | 8,424
| --------- | -------
| 214,635 | 8,738
| --------- | -------

All debtors are due within one year.
7. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Trade creditors | 252 | –
Amounts owed to related party | 5,438,421 | 5,438,421
Corporation tax | 153,447 | 121,400
Social security and other taxes | 26,651 | 24,434
Other creditors | 186,751 | 31,627
| ------------ | ------------
| 5,805,522 | 5,615,882
| ------------ | ------------

Amounts owed to related parties are interest free and unsecured.
8. Related party transactions
The company was under the control of the directors during the year. There were no further transactions in the year that require disclosure under Section 1A of FRS 102.

CFR 75 Limited

Management information

Year ended 30 April 2025
The following pages do not form part of the financial statements.

CFR 75 Limited

Report to the board of directors on the preparation of the unaudited statutory financial statements of CFR 75 Limited

Year ended 30 April 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of CFR 75 Limited for the year ended 30 April 2025, which comprise the statement of income and retained earnings, statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of Chartered Accountants Ireland, we are subject to its ethical and other professional requirements which are detailed at www.charteredaccountants.ie. This report is made solely to the Board of Directors of CFR 75 Limited, as a body, in accordance with the terms of our engagement letter dated 21 May 2025. Our work has been undertaken solely to prepare for your approval the financial statements of CFR 75 Limited and state those matters that we have agreed to state to you, as a body, in this report in accordance with the requirements of Chartered Accountants Ireland as detailed at www.charteredaccountants.ie. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than CFR 75 Limited and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that CFR 75 Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of CFR 75 Limited. You consider that CFR 75 Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of CFR 75 Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
BDO Northern Ireland Chartered accountants
Metro Building, 1st Floor 6-9 Donegall Square South Belfast BT1 5JA
31 October 2025