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REGISTERED NUMBER: 07521702 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 28 FEBRUARY 2025 |

| FOR |

| L4L EUROPE LTD |

| L4L EUROPE LTD (REGISTERED NUMBER: 07521702) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 4 |

| L4L EUROPE LTD |

COMPANY INFORMATION

FOR THE YEAR ENDED 28 FEBRUARY 2025

| DIRECTOR: | C Damen

| REGISTERED OFFICE: | 115 Craven Park Road

| South Tottenham

| London

| N15 6BL

| REGISTERED NUMBER: | 07521702 (England and Wales)

| ACCOUNTANTS: | Venitt and Greaves

| Chartered Accountants

| 115 Craven Park Road

| South Tottenham

| London

| N15 6BL

| L4L EUROPE LTD (REGISTERED NUMBER: 07521702) |

STATEMENT OF FINANCIAL POSITION

28 FEBRUARY 2025

| 28.2.25 |  | 29.2.24

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 930 |  | 1,389 |  |

Investment property | 5 | 5,487,846 |  | 5,146,560 |  |

5,488,776 |  | 5,147,949 |  |

CURRENT ASSETS

Stocks | 672,655 |  | - |  |

Debtors | 6 | 770,920 |  | 787,234 |  |

Investments | 7 | 3,800 |  | 8,550 |  |

Cash at bank | 409,299 |  | 682,841 |  |

1,856,674 |  | 1,478,625 |  |

CREDITORS

Amounts falling due within one year | 8 | (697,655 | ) | (471,540 | ) |

NET CURRENT ASSETS | 1,159,019 |  | 1,007,085 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 6,647,795 |  | 6,155,034 |  |

CREDITORS

Amounts falling due after more than one year | 9 | (4,586,560 | ) | (3,916,160 | ) |

PROVISIONS FOR LIABILITIES | (313,847 | ) | (358,402 | ) |

NET ASSETS | 1,747,388 |  | 1,880,472 |  |

CAPITAL AND RESERVES

Called up share capital | 11 | 1 |  | 1 |  |

Revaluation reserve | 12 | 1,651,824 |  | 1,886,324 |  |

Retained earnings | 12 | 95,563 |  | (5,853 | ) |

SHAREHOLDERS' FUNDS | 1,747,388 |  | 1,880,472 |  |

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 director acknowledges his 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.

| L4L EUROPE LTD (REGISTERED NUMBER: 07521702) |

STATEMENT OF FINANCIAL POSITION - 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 director and authorised for issue on 19 November 2025 and were signed by:

C Damen - Director

| L4L EUROPE LTD (REGISTERED NUMBER: 07521702) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

1. | STATUTORY INFORMATION

| L4L Europe 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 as modified by the revaluation of certain assets.

| Turnover

| Turnover represents net rent receivable, excluding value added tax.

| Tangible fixed assets

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

| Computer equipment | - | 33% on reducing balance

| 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.

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Taxation

| Taxation for the year 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 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2024 - NIL ) .

| L4L EUROPE LTD (REGISTERED NUMBER: 07521702) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 28 FEBRUARY 2025

4. | TANGIBLE FIXED ASSETS

| Computer

| equipment

£ |

| COST

| At 1 March 2024

| and 28 February 2025 | 4,360 |  |

| DEPRECIATION

| At 1 March 2024 | 2,971 |  |

| Charge for year | 459 |  |

| At 28 February 2025 | 3,430 |  |

| NET BOOK VALUE

| At 28 February 2025 | 930 |  |

| At 29 February 2024 | 1,389 |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 March 2024 | 5,146,560 |  |

| Additions | 761,286 |  |

| Disposals | (420,000 | ) |

| At 28 February 2025 | 5,487,846 |  |

| NET BOOK VALUE

| At 28 February 2025 | 5,487,846 |  |

| At 29 February 2024 | 5,146,560 |  |

| Fair value at 28 February 2025 is represented by:

£ |

| Valuation in 2016 | 41,805 |  |

| Valuation in 2017 | 606,459 |  |

| Valuation in 2021 | 1,238,060 |  |

| Valuation in 2025 | (234,500 | ) |

| Cost | 3,836,022 |  |

5,487,846 |  |

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

| 28.2.25 |  | 29.2.24

£ | £ |

| Trade debtors | 8,679 |  | - |  |

| Other debtors | 762,241 |  | 787,234 |  |

770,920 |  | 787,234 |  |

| L4L EUROPE LTD (REGISTERED NUMBER: 07521702) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 28 FEBRUARY 2025

7. | CURRENT ASSET INVESTMENTS

| 28.2.25 |  | 29.2.24

£ | £ |

| Listed investments | 3,800 |  | 8,550 |  |

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

| 28.2.25 |  | 29.2.24

£ | £ |

| Trade creditors | 9,006 |  | 35,785 |  |

| Taxation and social security | 29,128 |  | 15,429 |  |

| Other creditors | 659,521 |  | 420,326 |  |

697,655 |  | 471,540 |  |

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

| 28.2.25 |  | 29.2.24

£ | £ |

| Bank loans (see note 10) | 4,574,060 |  | 3,893,660 |  |

| Other creditors | 12,500 |  | 22,500 |  |

4,586,560 |  | 3,916,160 |  |

| Amounts falling due in more than five years:

| Repayable otherwise than by instalments

| Bank loans more 5 yrs non-inst | 4,574,060 |  | 3,893,660 |  |

| Repayable by instalments

| Other loans more 5yrs instal | 12,500 |  | 22,500 |  |

10. | LOANS

| An analysis of the maturity of loans is given below:

| 28.2.25 |  | 29.2.24

£ | £ |

| Amounts falling due in more than five years:

| Repayable otherwise than by instalments

| Bank loans more 5 yrs non-inst | 4,574,060 |  | 3,893,660 |  |

| Repayable by instalments

| Other loans more 5yrs instal | 12,500 |  | 22,500 |  |

| Under the bank loan, £50,000 was received under Bounce back Loan Scheme (BBL). The loan is unsecured, interest free for the first year, then capped at 2.5% afterwards and backed by HM Government.

| L4L EUROPE LTD (REGISTERED NUMBER: 07521702) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 28 FEBRUARY 2025

11. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

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

| value: | £ | £ |

| 1 | Ordinary | £1 | 1 |  | 1 |  |

12. | RESERVES

| Retained |  | Revaluation |

| earnings |  | reserve |  | Totals

£ | £ | £ |

| At 1 March 2024 | (5,853 | ) | 1,886,324 |  | 1,880,471 |  |

| Profit for the year | 163,916 |  | 163,916 |  |

| Dividends | (62,500 | ) | (62,500 | ) |

| Revaluation reserve | - |  | (234,500 | ) | (234,500 | ) |

| At 28 February 2025 | 95,563 |  | 1,651,824 |  | 1,747,387 |  |

13. | ULTIMATE CONTROLLING PARTY

| The controlling party is C Damen.