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REGISTERED NUMBER: 00496224 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2025

for

Sandown Property Company (Liverpool)

Limited

Sandown Property Company (Liverpool)

Limited (Registered number: 00496224)

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 |

Sandown Property Company (Liverpool)

Limited

Company Information

for the Year Ended 28 February 2025

| DIRECTORS: | Mr M A Fraenkel

| Mrs R M Coleman

| Mrs B L Fraenkel

| SECRETARY: | Mr M A Fraenkel

| REGISTERED OFFICE: | 3rd Floor Pacific Chambers

| 11-13 Victoria Street

| Liverpool

| Merseyside

| L2 5QQ

| REGISTERED NUMBER: | 00496224 (England and Wales)

| ACCOUNTANTS: | DJH Liverpool

| 3rd Floor Pacific Chambers

| 11-13 Victoria Street

| Liverpool

| Merseyside

| L2 5QQ

Sandown Property Company (Liverpool)

Limited (Registered number: 00496224)

Balance Sheet

28 February 2025

28.2.25 | 29.2.24 |

| Notes | £ | £ | £ | £

FIXED ASSETS

Tangible assets | 4 | 12,499 |  | 16,654 |  |

Investment property | 5 | 8,082,950 |  | 6,380,000 |  |

8,095,449 |  | 6,396,654 |  |

CURRENT ASSETS

Debtors | 6 | 264,484 |  | 239,752 |  |

Cash at bank | 1,523,604 |  | 2,785,532 |  |

1,788,088 |  | 3,025,284 |  |

CREDITORS

Amounts falling due within one year | 7 | 284,501 |  | 239,278 |  |

NET CURRENT ASSETS | 1,503,587 |  | 2,786,006 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 9,599,036 |  | 9,182,660 |  |

CAPITAL AND RESERVES

Called up share capital | 8 | 2,000 |  | 2,000 |  |

Capital redemption reserve | 9 | 5,000 |  | 5,000 |  |

Retained earnings | 9 | 9,592,036 |  | 9,175,660 |  |

SHAREHOLDERS' FUNDS | 9,599,036 |  | 9,182,660 |  |

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.

Sandown Property Company (Liverpool)

Limited (Registered number: 00496224)

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 by the Board of Directors and authorised for issue on 13 November 2025 and were signed on its behalf by:

Mrs R M Coleman - Director

Sandown Property Company (Liverpool)

Limited (Registered number: 00496224)

Notes to the Financial Statements

for the Year Ended 28 February 2025

1. | STATUTORY INFORMATION

| Sandown Property Company (Liverpool) 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.

| Turnover

| Turnover represents rents receivable, a rent is recognised as income in the period to which it relates.

| Tangible fixed assets

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

| Plant and machinery | - | 20% on reducing balance

| Fixtures and fittings | - | 20% on reducing balance

| Motor vehicles | - | 25% reducing balance

| 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.

| Investment property

| Investment property is revalued by the directors each year, market values being used as a basis for the revaluation.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 3 (2024 - 3 ) .

4. | TANGIBLE FIXED ASSETS

Fixtures |  |

Plant and | and | Motor | Computer |  |

machinery | fittings | vehicles | equipment | Totals |

| £ | £ | £ | £ | £

| COST OR VALUATION

| At 1 March 2024 |

| and 28 February 2025 | 6,659 |  | 2,523 |  | 51,459 |  | 2,201 |  | 62,842 |  |

| DEPRECIATION

| At 1 March 2024 | 6,477 |  | 2,523 |  | 34,989 |  | 2,200 |  | 46,189 |  |

| Charge for year | 36 |  | - |  | 4,118 |  | - |  | 4,154 |  |

| At 28 February 2025 | 6,513 |  | 2,523 |  | 39,107 |  | 2,200 |  | 50,343 |  |

| NET BOOK VALUE

| At 28 February 2025 | 146 |  | - |  | 12,352 |  | 1 |  | 12,499 |  |

| At 29 February 2024 | 182 |  | - |  | 16,470 |  | 1 |  | 16,653 |  |

Sandown Property Company (Liverpool)

Limited (Registered number: 00496224)

Notes to the Financial Statements - continued

for the Year Ended 28 February 2025

4. | TANGIBLE FIXED ASSETS - continued

| The properties were revalued by the directors on 28 February 2025, on the basis of their market values at that date.

5. | INVESTMENT PROPERTY

Total |

| £

| FAIR VALUE

| At 1 March 2024 | 6,380,000 |  |

| Additions | 1,496,472 |  |

| Revaluations | 206,478 |  |

| At 28 February 2025 | 8,082,950 |  |

| NET BOOK VALUE

| At 28 February 2025 | 8,082,950 |  |

| At 29 February 2024 | 6,380,000 |  |

| Fair value at 28 February 2025 is represented by:

| £

| Valuation in 2020 | (163,930 | ) |

| Valuation in 2021 | (200,000 | ) |

| Valuation in 2022 | (130,000 | ) |

| Valuation in 2024 | 380,000 |  |

| Valuation in 2025 | 206,478 |  |

| Cost | 7,990,402 |  |

8,082,950 |  |

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

28.2.25 | 29.2.24 |

| £ | £

| Rents debtor | 253,656 |  | 11,831 |  |

| Other debtors | 10,828 |  | 227,921 |  |

264,484 |  | 239,752 |  |

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

28.2.25 | 29.2.24 |

| £ | £

| Tax | 147,446 |  | 78,279 |  |

| Social security and other taxes | 2,082 |  | 2,157 |  |

| VAT | 37,255 |  | 52,215 |  |

| Rents in Advance | 54,090 |  | 59,784 |  |

| Other Creditor | 23,951 |  | 23,951 |  |

| Sundry Creditors | 2,550 |  | 2,550 |  |

| Dyson creditor | 11,127 |  | 14,342 |  |

| Accrued expenses | 6,000 |  | 6,000 |  |

284,501 |  | 239,278 |  |

Sandown Property Company (Liverpool)

Limited (Registered number: 00496224)

Notes to the Financial Statements - continued

for the Year Ended 28 February 2025

8. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

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

value: |  | £ | £

| 2,000 | Ordinary | £1 | 2,000 |  | 2,000 |  |

9. | RESERVES

Capital |

Retained | redemption |

earnings | reserve | Totals |

| £ | £ | £

| At 1 March 2024 | 9,175,657 |  | 5,000 |  | 9,180,657 |  |

| Profit for the year | 536,379 |  | 536,379 |  |

| Dividends | (120,000 | ) | (120,000 | ) |

| At 28 February 2025 | 9,592,036 |  | 5,000 |  | 9,597,036 |  |

10. | ULTIMATE CONTROLLING PARTY

| The company is a wholly owned subsidiary of Sandown Property Holdings Limited, a company registered in England and Wales.

| Group accounts are not required.