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REGISTERED NUMBER: 04181719 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 31 March 2025 |

| for |

| Lands (North East) Limited |

| Lands (North East) Limited (Registered number: 04181719) |

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 |

| Lands (North East) Limited |

Company Information

for the year ended 31 March 2025

| DIRECTORS: | D S Pannu

| N S Pannu

| SECRETARY: | N S Pannu

| REGISTERED OFFICE: | 18 Whitby Drive

| Biddick

| Washington

| Tyne & Wear

| NE38 7NW

| REGISTERED NUMBER: | 04181719 (England and Wales)

| ACCOUNTANTS: | TTR Barnes

| Chartered Accountants

| 3-5 Grange Terrace

| Stockton Road

| Sunderland

| Tyne & Wear

| SR2 7DG

| Lands (North East) Limited (Registered number: 04181719) |

Statement of Financial Position

31 March 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 7,463 |  | 3,629 |  |

Investments | 5 | 50 |  | - |  |

Investment property | 6 | 1,323,847 |  | 958,878 |  |

1,331,360 |  | 962,507 |  |

CURRENT ASSETS

Debtors | 7 | 75,906 |  | 12,617 |  |

Cash at bank | 15,548 |  | 6,333 |  |

91,454 |  | 18,950 |  |

CREDITORS

Amounts falling due within one year | 8 | 948,403 |  | 520,854 |  |

NET CURRENT LIABILITIES | (856,949 | ) | (501,904 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 474,411 |  | 460,603 |  |

CREDITORS

Amounts falling due after more than one year | 9 | (11,995 | ) | (14,940 | ) |

PROVISIONS FOR LIABILITIES | (49,586 | ) | (44,050 | ) |

NET ASSETS | 412,830 |  | 401,613 |  |

CAPITAL AND RESERVES

Called up share capital | 2 |  | 2 |  |

Retained earnings | 412,828 |  | 401,611 |  |

SHAREHOLDERS' FUNDS | 412,830 |  | 401,613 |  |

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.

| Lands (North East) Limited (Registered number: 04181719) |

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 2 September 2025 and were signed on its behalf by:

N S Pannu - Director

| Lands (North East) Limited (Registered number: 04181719) |

Notes to the Financial Statements

for the year ended 31 March 2025

1. | STATUTORY INFORMATION

| Lands (North East) 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.

| The financial statements have been prepared on the going concern basis,which assumes that the company will continue in operational existence for the foreseeable future, which the directors consider appropriate.

| 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

| Motor vehicles | - | 25% on reducing balance

| Computer equipment | - | 33% Straight line

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at 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.

| Financial instruments

| The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are recognised at transaction value and subsequently measured at their settlement value.

| 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.

| 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.

| Lands (North East) Limited (Registered number: 04181719) |

Notes to the Financial Statements - continued

for the year ended 31 March 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| Other operating income

| Other income represents net rents, management and services charges , excluding value added tax.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 6 (2024 - 6 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and |  | Motor |  | Computer |

| machinery |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1 April 2024 | 847 |  | 23,994 |  | 2,545 |  | 27,386 |  |

| Additions | - |  | - |  | 5,897 |  | 5,897 |  |

| Disposals | (847 | ) | - |  | (378 | ) | (1,225 | ) |

| At 31 March 2025 | - |  | 23,994 |  | 8,064 |  | 32,058 |  |

| DEPRECIATION

| At 1 April 2024 | 347 |  | 22,982 |  | 428 |  | 23,757 |  |

| Charge for year | - |  | 253 |  | 1,055 |  | 1,308 |  |

| Eliminated on disposal | (347 | ) | - |  | (123 | ) | (470 | ) |

| At 31 March 2025 | - |  | 23,235 |  | 1,360 |  | 24,595 |  |

| NET BOOK VALUE

| At 31 March 2025 | - |  | 759 |  | 6,704 |  | 7,463 |  |

| At 31 March 2024 | 500 |  | 1,012 |  | 2,117 |  | 3,629 |  |

5. | FIXED ASSET INVESTMENTS

| Shares in

| group

| undertakings

£ |

| COST

| Additions | 50 |  |

| At 31 March 2025 | 50 |  |

| NET BOOK VALUE

| At 31 March 2025 | 50 |  |

| Lands (North East) Limited (Registered number: 04181719) |

Notes to the Financial Statements - continued

for the year ended 31 March 2025

6. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 April 2024 | 958,878 |  |

| Additions | 364,969 |  |

| At 31 March 2025 | 1,323,847 |  |

| NET BOOK VALUE

| At 31 March 2025 | 1,323,847 |  |

| At 31 March 2024 | 958,878 |  |

| In the opinion of the directors the stated value of the investment property represents its fair value as at 31 March 2025.

| Fair value at 31 March 2025 is represented by:

£ |

| Valuation in 2021 | 256,576 |  |

| Cost | 1,067,271 |  |

1,323,847 |  |

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

2025 | 2024 |

£ | £ |

| Trade debtors | 966 |  | 966 |  |

| Other debtors | 74,940 |  | 11,651 |  |

75,906 |  | 12,617 |  |

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

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 3,000 |  | 3,000 |  |

| Trade creditors | - |  | 427 |  |

| Taxation and social security | - |  | 1,915 |  |

| Other creditors | 945,403 |  | 515,512 |  |

948,403 |  | 520,854 |  |

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

2025 | 2024 |

£ | £ |

| Bank loans | 11,995 |  | 14,940 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | - |  | 2,940 |  |