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REGISTERED NUMBER: 15085054 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE PERIOD 21 AUGUST 2023 TO 31 AUGUST 2024 |

| FOR |

| E14 DEVELOPMENT GROUP LTD |

| E14 DEVELOPMENT GROUP LTD (REGISTERED NUMBER: 15085054) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE PERIOD 21 AUGUST 2023 TO 31 AUGUST 2024

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| E14 DEVELOPMENT GROUP LTD |

COMPANY INFORMATION

FOR THE PERIOD 21 AUGUST 2023 TO 31 AUGUST 2024

| DIRECTORS: | Ms T T T El Moutia

| H V Nguyen

| REGISTERED OFFICE: | 1 Kings Avenue

| London

| N21 3NA

| REGISTERED NUMBER: | 15085054 (England and Wales)

| E14 DEVELOPMENT GROUP LTD (REGISTERED NUMBER: 15085054) |

BALANCE SHEET

31 AUGUST 2024

| Notes | £ |

| CURRENT ASSETS

| Inventories | 6,996,474 |  |

| Debtors | 4 | 555,025 |  |

| Cash at bank and in hand | 5,444,152 |  |

12,995,651 |  |

| CREDITORS

| Amounts falling due within one year | 5 | 6,405,385 |  |

| NET CURRENT ASSETS | 6,590,266 |  |

| TOTAL ASSETS LESS CURRENT LIABILITIES | 6,590,266 |  |

| CREDITORS

| Amounts falling due after more than one year | 6 | 6,605,969 |  |

| NET LIABILITIES | (15,703 | ) |

| CAPITAL AND RESERVES

| Called up share capital | 200 |  |

| Retained earnings | (15,903 | ) |

(15,703 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2024 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.

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 18 November 2025 and were signed on its behalf by:

H V Nguyen - Director

| E14 DEVELOPMENT GROUP LTD (REGISTERED NUMBER: 15085054) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD 21 AUGUST 2023 TO 31 AUGUST 2024

1. | STATUTORY INFORMATION

| E14 Development Group 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.

| The financial statements have been prepared on a going concern basis as the directors are satisfied that the company will have adequate resources to meet its liabilities to third parties as and when they fall due. Also, the director will continue to support the company when required.

| Significant judgements and estimates

| In the application of the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are relevant. Actual results may differ from these estimates.

| The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period or in the period of the revision and future periods where the revision affects both current and future periods.

| There are no significant judgements or estimates involved in the preparation of the financial statements.

| Inventories

| Inventories are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost includes purchase costs of the property, capitalised interest and borrowing costs on loans used to fund the property development and all development expenditure incurred for the property after acquisition. At each balance sheet date, inventories are assessed for impairment. If inventories is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in the statement of comprehensive income.

| Taxation

| Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 period 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.

| Financial instruments

| Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss.This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

| E14 DEVELOPMENT GROUP LTD (REGISTERED NUMBER: 15085054) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 21 AUGUST 2023 TO 31 AUGUST 2024

2. | ACCOUNTING POLICIES - continued

| Revenue

| Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods

| have passed to the buyer, usually on despatch of the goods, the amount of revenue can be measured reliably, it is

| probable that the economic benefits associated with the transaction will flow to the entity and costs incurred or to be

| incurred in respect of the transaction can be measured reliably.

| Cash and cash equivalents

| Cash and cash equivalents in the statement of financial position comprise cash at banks and in hand, short term deposits with an original maturity date of one month. Cash equivalents are defined as short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was 2 .

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

£ |

| Amounts owed by connected companies | 500,025 |  |

| Other debtors | 55,000 |  |

555,025 |  |

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

£ |

| Amounts owed by connected companies | 5,100 |  |

| Other creditors | 6,400,285 |  |

6,405,385 |  |

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

£ |

| Other creditors | 6,605,969 |  |

7. | RELATED PARTY DISCLOSURES

| Included in debtors less than one year is an amount of £555,025 due from connected companies with common directorship.The loan was interest free and repayable on demand.

| Included in creditors less than one year is an amount of £5,100 due from connected companies with common directorship. Also included is an amount of £2,533,417 due to the director of the company. These loan are interest free and repayable on demand.